CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%

Price spread now: Extended against Polymarket Perps+0.031%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.031%, 7d avg −0.003%

Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.035% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	92.251	0.0050	pay 0.0006% / 1h	49m 18s	$1.6M	$1.4M	20x
Short	Extended WTI-USD	92.280	0.0032	get 0.0004% / 1h	49m 18s	$2.0M	$26.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 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 Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$3.78
Price spread: +0.031% → −0.003%: $3.48
Slippage, 4 orders: −$7.19
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$20.48
Costs to cover: 0.202%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Extended: live order book, 5 min ago.

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, 4 min ago	1.79 bp	5.9 bp −$6	6.7 bp −$67	10.3 bp −$1,028	doesn't fit
Sell Extended live order book, 5 min ago	0.27 bp	4.6 bp −$5	7.9 bp −$79	27.3 bp −$2,731	doesn't fit

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
GRVT CL_USDT_Perp	−0.0536%	4h	92.166	−0.092%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0321%	4h	92.220	−0.034%	$23.9M	$79.6M	20x	as long as short
Gate CL_USDT	−0.0267%	8h	92.150	−0.109%	$21.3M	$54.4M	100x	as long as short
Binance CLUSDT	−0.0252%	4h	92.200	−0.055%	$245.2M	$1.08B	100x	as long as short
Variational Omni CL	−0.0236%	4h	92.101	−0.163%	$13.2M	$12.7M	—	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.220	−0.034%	$96K	$189K	15x	as long as short
Bybit CLUSDT	−0.0140%	8h	92.210	−0.044%	$26.0M	$93.7M	150x	as long as short
Nado WTI-PERP	−0.0122%	1h	92.252	+0.001%	$924K	$732K	10x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.258	+0.007%	$273K	$1.2M	25x	as long as short
Ondo Perps WTI-USD.P	−0.0094%	1h	92.150	−0.109%	$3.5M	$6.2M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0060%	1h	92.241	−0.011%	$186.3M	$261.6M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.240%	$399K	$960K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.210	−0.044%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0034%	8h	92.151	−0.108%	$15K	$367	5x	as long as short
Lighter WTI	−0.0032%	1h	92.208	−0.047%	$11.2M	$9.9M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.235	−0.017%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.190	−0.066%	$42.9M	$111.3M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.311	+0.065%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.210	−0.044%	$41.9M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.260	+0.010%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.223	−0.030%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.784	−0.506%	$5K	—	150x	as long as short
Extended WTI-USDshort	+0.0032%	1h	92.280	+0.031%	$2.0M	$26.7M	10x
edgeX CLUSDC	+0.0036%	4h	92.162	−0.096%	$530K	$306K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.150	−0.109%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.250	−0.001%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	92.251	long leg	$1.6M	$1.4M	20x
SoDEX CL-USD	+0.0050%	1h	92.202	−0.053%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.183	−0.074%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.243	−0.009%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.120	−0.142%	$55K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.199	−0.056%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.215	−0.039%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+9.898%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.180	−0.077%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0416%	1h	92.185	−0.071%	$2K	$29K	5x	as long as short