CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%

Price spread now: RISEx against Polymarket Perps+0.136%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.051%+$5 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.136%, 7d avg +0.072%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.064% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.072%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days. Mind the row above: over the last 3 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	92.184	0.0050	pay 0.0006% / 1h	12m 21s	$1.6M	$1.3M	20x
Short	RISEx CL/USDC	92.309	0	get 0.0000% / 1h	12m 21s	$3.3M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.136%Rate

Funding earned: −$10.5
Price spread: +0.136% → +0.072%: $6.43
Slippage, 4 orders: −$8.84
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$26.91
Costs to cover: 0.228%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 6 min ago; RISEx: live order book, 2 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, 6 min ago	3.31 bp	8.1 bp −$8	8.7 bp −$87	12.1 bp −$1,214	doesn't fit
Sell RISEx live order book, 2 min ago	0.70 bp	3.7 bp −$4	5.8 bp −$58	doesn't fit	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
Kraken Futures PF_WTIOILUSD	−0.0449%	1h	92.228	+0.047%	$273K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0310%	4h	92.191	+0.008%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0272%	4h	92.210	+0.028%	$23.9M	$77.6M	20x	as long as short
Binance CLUSDT	−0.0194%	4h	92.180	−0.004%	$244.4M	$1.09B	100x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.210	+0.028%	$96K	$189K	15x	as long as short
Variational Omni CL	−0.0173%	4h	92.192	+0.008%	$13.3M	$12.7M	—	as long as short
Nado WTI-PERP	−0.0132%	1h	92.248	+0.069%	$925K	$737K	10x	as long as short
Lighter WTI	−0.0072%	1h	92.183	−0.001%	$11.2M	$10.9M	20x	as long as short
QFEX CL-USD	−0.0054%	1h	92.180	−0.004%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0047%	8h	92.175	−0.010%	$15K	$367	5x	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	−0.0045%	1h	92.200	+0.017%	$186.3M	$275.3M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0039%	1h	92.150	−0.037%	$3.5M	$6.3M	20x	as long as short
Gate CL_USDT	−0.0033%	8h	92.120	−0.069%	$21.3M	$58.0M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.187	+0.003%	$333K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.274	+0.098%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.180	−0.004%	$26.0M	$94.4M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.170	−0.015%	$42.9M	$112.5M	50x	as long as short
RISEx CL/USDCshort	0.0000%	1h	92.309	+0.136%	$3.3M	$2.7M	20x
Bitget CLUSDT	0.0000%	4h	92.175	−0.010%	$42.0M	$51.6M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.240	+0.061%	$37K	$101K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.190	+0.007%	$18K	$241K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	−0.167%	$399K	$963K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.750	−0.471%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	92.240	+0.061%	$2.0M	$26.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.180	−0.004%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.230	+0.050%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	92.184	long leg	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	92.195	+0.012%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0082%	4h	92.220	+0.039%	$530K	$326K	30x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.195	+0.012%	$7.3M	$2.2M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.280	+0.104%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.180	−0.004%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0130%	1h	92.195	+0.012%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.34	+9.928%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.200	+0.017%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0391%	1h	92.229	+0.049%	$2K	$29K	5x	as long as short