CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0183%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.060%

Price spread now: StandX against GMX−0.080%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropStandX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and StandX is 0.080% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WTIOIL/USD [ETH-USDC]	93.245	L +0.0223% / S −0.0151%	pay 0.0028% / 1h	14m 49s	$81K	—	111x
Short	StandX CL-USD	93.170	0.0040	get 0.0005% / 1h	14m 49s	$736K	$2.9M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee StandXbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$38.51
Price spread: −0.080% → 0.000%: −$8.04
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$66.55
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; StandX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell StandX live order book, 4 min ago	2.15 bp	6.1 bp −$6	6.1 bp −$61	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUAL	−0.0608%	1h	93.210	−0.038%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0340%	4h	93.170	−0.080%	$58K	$656K	25x	as long as short
Aster CLUSD1	−0.0279%	4h	93.282	+0.040%	$24.3M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0187%	4h	93.260	+0.016%	$246.3M	$940.0M	100x	as long as short
Variational Omni CL	−0.0172%	4h	93.189	−0.060%	$13.4M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0134%	1h	93.170	−0.080%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.247	+0.002%	$42.0M	$43.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0126%	1h	93.228	−0.018%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0118%	1h	93.285	+0.043%	$965K	$629K	10x	as long as short
edgeX CLUSDC	−0.0072%	4h	93.211	−0.036%	$524K	$307K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0067%	8h	93.190	−0.059%	$21.3M	$51.5M	100x	as long as short
OKX CL-USDT-SWAP	−0.0061%	4h	93.250	+0.005%	$42.7M	$103.0M	50x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.269	+0.025%	$281K	$958K	25x	as long as short
tradeXYZ xyz:CL	−0.0056%	1h	93.254	+0.010%	$184.6M	$217.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.091%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.230	−0.016%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0027%	8h	93.224	−0.022%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.260	+0.016%	$37K	$41K	20x	as long as short
Lighter WTI	0.0000%	1h	93.242	−0.003%	$11.2M	$10.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.255	+0.010%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.257	+0.013%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.306	+0.065%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.243	−0.002%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.806	−0.471%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	93.269	+0.026%	$7.1M	$2.4M	50x	as long as short
Extended WTI-USD	+0.0016%	1h	93.310	+0.070%	$2.0M	$18.6M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	93.170	−0.080%	$736K	$2.9M	40x
Vest CL-PERP	+0.0046%	1h	93.250	+0.005%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.248	+0.003%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.244	−0.001%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.225	−0.021%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.190	−0.059%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.204	−0.044%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0180%	4h	93.250	+0.005%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.787%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0223% / S −0.0151%	1h	93.245	long leg	$81K	—	111x