CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0317%/8h= +34.7% APRnext payment +$0.40 per $10,000 · paid last 24h +0.062%

Price spread now: GMX against Nado+0.043%7-day average — · you sell dearer than you buy

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

Long on Nado Short on GMX

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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.043% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	93.155	−0.0111	get 0.0014% / 1h	8m 40s	$954K	$613K	10x
Short	GMX WTIOIL/USD [ETH-USDC]	93.195	L +0.0260% / S −0.0206%	get 0.0026% / 1h	8m 40s	$84K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $66.6
Price spread: +0.043% → 0.000%: $4.26
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $51.86
Costs to cover: 0.190%
Break-even: 1.5 days

Slippage unknown: Nado: live order book, 30 min ago; GMX: no order-book sample. 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 Nado live order book, 30 min ago	0.48 bp	5.4 bp −$5	10.9 bp −$109	32.6 bp −$3,264	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0286%	1h	93.210	+0.059%	$195K	$397K	15x	as long as short
Aster CLUSD1	−0.0259%	4h	93.264	+0.117%	$24.8M	$62.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0230%	4h	93.059	−0.104%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0209%	1h	93.227	+0.077%	$277K	$930K	25x	as long as short
Binance CLUSDT	−0.0143%	4h	93.230	+0.080%	$247.5M	$921.8M	100x	as long as short
Variational Omni CL	−0.0136%	4h	93.053	−0.109%	$13.5M	$10.6M	—	as long as short
Gate CL_USDT	−0.0135%	8h	93.190	+0.037%	$23.2M	$50.6M	100x	as long as short
Nado WTI-PERPlong	−0.0111%	1h	93.155	long leg	$954K	$613K	10x
Bitget CLUSDT	−0.0110%	4h	93.220	+0.069%	$42.3M	$41.5M	100x	as long as short
edgeX CLUSDC	−0.0089%	4h	93.053	−0.110%	$523K	$304K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0087%	1h	93.070	−0.092%	$1K	$26K	5x	as long as short
OKX CL-USDT-SWAP	−0.0077%	4h	93.230	+0.080%	$42.7M	$103.1M	50x	as long as short
QFEX CL-USD	−0.0038%	1h	93.120	−0.038%	$2.3M	$2.4M	10x	as long as short
tradeXYZ xyz:CL	−0.0016%	1h	93.230	+0.080%	$184.6M	$196.3M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.413%	$405K	$810K	15x	as long as short
Lighter WTI	−0.0008%	1h	93.218	+0.067%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0006%	1h	93.090	−0.070%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.288	+0.142%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.252	+0.104%	$27.1M	$79.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.154	−0.002%	$3.0M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	−0.220%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.189	+0.036%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.769	−0.415%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0009%	8h	93.209	+0.058%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.280	+0.134%	$1.7M	$15.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.120	−0.038%	$738K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.140	−0.016%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.168	+0.014%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.224	+0.074%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.236	+0.086%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.263	+0.116%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.120	−0.038%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.201	+0.049%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0162%	4h	93.070	−0.092%	$4.0M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.638%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]short	L +0.0260% / S −0.0206%	1h	93.195	+0.043%	$84K	—	111x