CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.025%

Price spread now: Ondo Perps against Polymarket Perps+0.008%7-day average −0.040% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.170%+$17 · spread now +0.008%, 7d avg −0.040%

Together, before fees+0.112%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.048% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.040%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	90.513	0.0050	pay 0.0006% / 1h	57m 28s	$1.6M	$1.2M	20x
Short	Ondo Perps WTI-USD.P	90.520	0.0036	get 0.0005% / 1h	57m 28s	$3.5M	$5.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$2.94
Price spread: +0.008% → −0.040%: $4.81
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$11.13
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 min ago; Ondo Perps: 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, 1 min ago	4.47 bp	8.6 bp −$9	13.5 bp −$135	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Kraken Futures PF_WTIOILUSD	−0.0364%	1h	90.740	+0.251%	$271K	$1.0M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0301%	1h	90.670	+0.173%	$181K	$415K	15x	as long as short
Aster CLUSD1	−0.0195%	4h	90.571	+0.064%	$24.4M	$61.3M	20x	as long as short
Binance CLUSDT	−0.0115%	4h	90.510	−0.003%	$244.9M	$1.04B	100x	as long as short
Variational Omni CL	−0.0100%	4h	90.468	−0.049%	$13.0M	$11.0M	—	as long as short
Bitget CLUSDT	−0.0098%	4h	90.518	+0.006%	$40.7M	$45.8M	100x	as long as short
Gate CL_USDT	−0.0095%	8h	90.530	+0.019%	$23.0M	$50.5M	100x	as long as short
GRVT CL_USDT_Perp	−0.0066%	4h	90.468	−0.050%	$70K	$616K	25x	as long as short
Nado WTI-PERP	−0.0045%	1h	90.572	+0.065%	$936K	$614K	10x	as long as short
OKX CL-USDT-SWAP	−0.0043%	4h	90.500	−0.014%	$41.1M	$110.8M	50x	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	−0.0038%	1h	90.554	+0.045%	$176.2M	$206.5M	20x	as long as short
Aftermath Perps WTIUSD	−0.0033%	1h	90.629	+0.128%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0023%	1h	90.560	+0.052%	$2.2M	$2.9M	10x	as long as short
edgeX CLUSDC	−0.0014%	4h	90.409	−0.114%	$517K	$357K	30x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.952	−0.620%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.589	+0.084%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.528	+0.017%	$26.4M	$91.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.570	+0.064%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.654	+0.156%	$18K	$238K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.590	+0.085%	$408K	$1.0M	15x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.470	−0.048%	$36K	$36K	20x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	90.519	+0.007%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	90.551	+0.042%	$11.0M	$8.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.620	+0.118%	$1.6M	$13.7M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	102.13	+12.839%	$19K	$5K	30x	as long as short
Ondo Perps WTI-USD.Pshort	+0.0036%	1h	90.520	+0.008%	$3.5M	$5.2M	20x
StandX CL-USD	+0.0040%	1h	90.690	+0.196%	$705K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.520	+0.008%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	90.513	long leg	$1.6M	$1.2M	20x
SoDEX CL-USD	+0.0050%	1h	90.696	+0.202%	$2.0M	$82K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.595	+0.091%	$334K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.594	+0.089%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.490	−0.025%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.658	+0.160%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0192%	4h	90.710	+0.218%	$4.0M	$999K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.485	−0.031%	$84K	—	111x	as long as short