CL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0251%/8h= −27.5% APRnext payment −$0.31 per $10,000 · paid last 24h −0.074%

Price spread now: tradeXYZ against GMX+0.018%7-day average — · you sell dearer than you buy

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

Long on GMX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WTIOIL/USD [ETH-USDC]	89.605	L +0.0165% / S −0.0004%	pay 0.0021% / 1h	42m 51s	$77K	—	111x
Short	tradeXYZ xyz:CL	89.621	−0.0086	pay 0.0011% / 1h	42m 51s	$166.8M	$247.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$52.68
Price spread: +0.018% → 0.000%: $1.79
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$80.89
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago	0.22 bp	9.2 bp −$9	10.1 bp −$101	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 exchanges

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
Kraken Futures PF_WTIOILUSD	−0.0341%	1h	89.595	−0.011%	$319K	$1.8M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0196%	1h	89.590	−0.017%	$39K	$654K	15x	as long as short
Aster CLUSD1	−0.0124%	4h	89.640	+0.039%	$24.3M	$72.3M	20x	as long as short
Bitget CLUSDT	−0.0108%	4h	89.580	−0.028%	$40.9M	$56.7M	100x	as long as short
GRVT CL_USDT_Perp	−0.0106%	4h	89.325	−0.312%	$66K	$632K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0096%	1h	89.520	−0.095%	$3.4M	$6.3M	20x	as long as short
tradeXYZ xyz:CLshort	−0.0086%	1h	89.621	+0.018%	$166.8M	$247.0M	20x
Binance CLUSDT	−0.0080%	4h	89.590	−0.017%	$241.4M	$1.21B	100x	as long as short
Aftermath Perps WTIUSD	−0.0071%	1h	89.565	−0.045%	$1K	$26K	5x	as long as short
Variational Omni CL	−0.0056%	4h	89.472	−0.148%	$12.5M	$11.4M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0055%	8h	89.540	−0.073%	$23.1M	$54.2M	100x	as long as short
Extended WTI-USD	−0.0048%	1h	89.620	+0.017%	$1.3M	$14.3M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.700	+0.106%	$410K	$1.5M	15x	as long as short
Nado WTI-PERP	−0.0029%	1h	89.630	+0.028%	$874K	$688K	10x	as long as short
QFEX CL-USD	−0.0025%	1h	89.590	−0.017%	$2.2M	$2.6M	10x	as long as short
OKX CL-USDT-SWAP	−0.0024%	4h	89.600	−0.006%	$40.1M	$133.2M	50x	as long as short
edgeX CLUSDC	−0.0011%	4h	89.612	+0.008%	$495K	$385K	30x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.246	−0.401%	$607	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	89.622	+0.019%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	89.600	−0.006%	$27.4M	$109.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	89.671	+0.074%	$2.8M	$3.1M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	89.470	−0.151%	$32K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.602	−0.003%	$17K	$237K	10x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	89.552	−0.059%	$15K	$458	5x	as long as short
Lighter WTI	+0.0032%	1h	89.608	+0.003%	$10.7M	$10.6M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.700	+0.106%	$692K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.600	−0.006%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.567	−0.042%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.630	+0.028%	$2.0M	$84K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.586	−0.021%	$300K	$737K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.593	−0.013%	$6.9M	$3.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.710	+0.117%	$52K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.582	−0.025%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0165% / S −0.0004%	1h	89.605	long leg	$77K	—	111x
BloFin CL-USDT	+0.0215%	4h	89.700	+0.106%	$3.9M	$1.1M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.594%	$16K	$5K	30x	as long as short