CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%

Price spread now: StandX against Polymarket Perps−0.159%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on Polymarket Perps Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days+0.231%+$23 · spread now −0.159%, 7d avg −0.005%

Together, before fees+0.149%+ Points / potential airdropStandX: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.154% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	93.328	0.0050	pay 0.0006% / 1h	6m 24s	$1.7M	$1.3M	20x
Short	StandX CL-USD	93.180	0.0040	get 0.0005% / 1h	6m 24s	$737K	$2.9M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.159%Rate

Funding earned: −$2.1
Price spread: −0.159% → −0.005%: −$15.38
Slippage, 4 orders: −$34.19
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$67.67
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; StandX: 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, 2 min ago	2.36 bp	6.8 bp −$7	7.5 bp −$75	10.8 bp −$1,076	doesn't fit
Sell StandX live order book, 2 min ago	2.15 bp	6.1 bp −$6	18.5 bp −$185	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0607%	1h	93.290	−0.041%	$198K	$371K	15x	as long as short
GRVT CL_USDT_Perp	−0.0334%	4h	93.324	−0.005%	$58K	$654K	25x	as long as short
Aster CLUSD1	−0.0284%	4h	93.360	+0.034%	$24.3M	$65.8M	20x	as long as short
Binance CLUSDT	−0.0189%	4h	93.341	+0.013%	$246.5M	$940.0M	100x	as long as short
Variational Omni CL	−0.0173%	4h	93.308	−0.022%	$13.3M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0143%	1h	93.300	−0.029%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0130%	4h	93.325	−0.003%	$42.0M	$43.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0128%	1h	93.280	−0.051%	$3.5M	$5.4M	20x	as long as short
Nado WTI-PERP	−0.0109%	1h	93.390	+0.067%	$966K	$629K	10x	as long as short
edgeX CLUSDC	−0.0079%	4h	93.332	+0.004%	$525K	$306K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0069%	8h	93.280	−0.051%	$21.4M	$51.5M	100x	as long as short
OKX CL-USDT-SWAP	−0.0065%	4h	93.340	+0.013%	$42.7M	$103.1M	50x	as long as short
tradeXYZ xyz:CL	−0.0061%	1h	93.329	+0.001%	$184.6M	$217.1M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.357	+0.031%	$282K	$961K	25x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.180%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.330	+0.002%	$2.3M	$2.0M	10x	as long as short
Paradex CL-USD-PERP	−0.0020%	8h	93.318	−0.011%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.370	+0.045%	$37K	$41K	20x	as long as short
Lighter WTI	0.0000%	1h	93.332	+0.004%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	+0.002%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.359	+0.033%	$26.9M	$80.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.397	+0.074%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.336	+0.009%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.891	−0.468%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	93.370	+0.045%	$2.0M	$18.3M	10x	as long as short
KuCoin CLUSDTM	+0.0018%	4h	93.373	+0.048%	$7.1M	$2.4M	50x	as long as short
StandX CL-USDshort	+0.0040%	1h	93.180	−0.159%	$737K	$2.9M	40x
Vest CL-PERP	+0.0046%	1h	93.350	+0.024%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	93.328	long leg	$1.7M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.332	+0.004%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.338	+0.011%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.400	+0.077%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.307	−0.023%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0175%	4h	93.350	+0.024%	$4.0M	$990K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.689%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0225% / S −0.0152%	1h	93.335	+0.008%	$81K	—	111x	as long as short