Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: dYdX against Polymarket Perps+0.048%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.048% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WTIOIL-USD | 93.210 | 0.0050 | pay 0.0006% / 1h | 15m 41s | $1.7M | $1.3M | 20x |
| Short | dYdX WTI-USD | 93.255 | 0 | get 0.0000% / 1h | 15m 41s | $8K | $3K | 5x |
Polymarket Perps WTIOIL-USD
dYdX WTI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.048% → 0.000%
- $4.78
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$23.72
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; dYdX: 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 Polymarket Perps live order book, 3 min ago | 2.14 bp | 7.1 bp −$7 | 8.0 bp −$80 | 11.4 bp −$1,142 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | 93.170 | −0.043% | $199K | $370K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0340% | 4h | 93.170 | −0.043% | $58K | $656K | 25x | as long as short |
| Aster CLUSD1 | −0.0279% | 4h | 93.273 | +0.067% | $24.3M | $66.0M | 20x | as long as short |
| Binance CLUSDT | −0.0187% | 4h | 93.245 | +0.037% | $246.1M | $939.9M | 100x | as long as short |
| Variational Omni CL | −0.0172% | 4h | 93.189 | −0.023% | $13.4M | $10.9M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0134% | 1h | 93.170 | −0.043% | $3.5M | $5.4M | 20x | as long as short |
| Bitget CLUSDT | −0.0132% | 4h | 93.244 | +0.036% | $42.0M | $43.2M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0125% | 1h | 93.207 | −0.004% | $2K | $27K | 5x | as long as short |
| Nado WTI-PERP | −0.0118% | 1h | 93.272 | +0.067% | $964K | $629K | 10x | as long as short |
| edgeX CLUSDC | −0.0072% | 4h | 93.211 | +0.001% | $524K | $307K | 30x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Ondo Perps WTI-USD.P
Bitget CLUSDT
Aftermath Perps WTIUSD
Nado WTI-PERP
edgeX CLUSDCShow 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 | −0.021% | $21.3M | $51.5M | 100x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0061% | 1h | 93.221 | +0.012% | $281K | $958K | 25x | as long as short |
| OKX CL-USDT-SWAP | −0.0060% | 4h | 93.240 | +0.032% | $42.7M | $102.9M | 50x | as long as short |
| tradeXYZ xyz:CL | −0.0055% | 1h | 93.225 | +0.016% | $184.5M | $217.7M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.160 | −0.054% | $403K | $929K | 15x | as long as short |
| QFEX CL-USD | −0.0033% | 1h | 93.230 | +0.021% | $2.3M | $1.9M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.0027% | 8h | 93.224 | +0.015% | $16K | $367 | 5x | as long as short |
| Phoenix WTIOIL | −0.0009% | 1h | 93.260 | +0.054% | $37K | $41K | 20x | as long as short |
| dYdX WTI-USDshort | 0.0000% | 1h | 93.255 | +0.048% | $8K | $3K | 5x | |
| Bybit CLUSDT | 0.0000% | 8h | 93.250 | +0.043% | $26.8M | $80.5M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.306 | +0.103% | $3.1M | $2.9M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.212 | +0.002% | $19K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.769 | −0.473% | $5K | — | 150x | as long as short |
| KuCoin CLUSDTM | +0.0006% | 4h | 93.260 | +0.054% | $7.1M | $2.4M | 50x | as long as short |
| Lighter WTI | +0.0008% | 1h | 93.224 | +0.015% | $11.2M | $10.3M | 20x | as long as short |
| Extended WTI-USD | +0.0016% | 1h | 93.290 | +0.086% | $2.0M | $18.6M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.150 | −0.064% | $736K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.230 | +0.021% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDlong | +0.0050% | 1h | 93.210 | long leg | $1.7M | $1.3M | 20x | |
| SoDEX CL-USD | +0.0050% | 1h | 93.201 | −0.010% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.225 | +0.016% | $331K | $579K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.250 | +0.043% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.170 | −0.043% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0181% | 4h | 93.180 | −0.032% | $4.0M | $999K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.37 | +9.828% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0223% / S −0.0151% | 1h | 93.205 | −0.005% | $81K | — | 111x | as long as short |
Gate CL_USDT
Kraken Futures PF_WTIOILUSD
OKX CL-USDT-SWAP
tradeXYZ xyz:CL
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
Paradex CL-USD-PERP
Phoenix WTIOIL
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
KuCoin CLUSDTM
Lighter WTI
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]