Settings8H · net · $10k
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Funding arb · Price arb /

CL

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: Polymarket Perps against QFEX+0.026%7-day average −0.007% · 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−$26as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Long on QFEXShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.112%+$11 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.026%, 7d avg −0.007%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.033% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CL-USD93.310−0.0032get 0.0004% / 1h47m 55s$2.3M$2.1M10x
ShortPolymarket Perps WTIOIL-USD93.3340.0050get 0.0006% / 1h47m 55s$1.7M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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

Funding earned
$17.29
Price spread: +0.026% → −0.007%
$3.27
Slippage, 4 orders
−$11.66
Fee QFEX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$9.1
Costs to cover
0.297%
Break-even
10.7 days
Slippage from QFEX: live order book, 4 min ago; Polymarket Perps: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago1.61 bp7.4 bp −$77.7 bp −$779.8 bp −$980doesn't fit
Sell Polymarket Perps live order book, 6 min ago2.57 bp6.7 bp −$78.1 bp −$8110.7 bp −$1,074doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0714%1h93.300−0.011%$197K$372K15xas long as short
GRVT CL_USDT_Perp−0.0346%4h93.320+0.011%$58K$649K25xas long as short
Aster CLUSD1−0.0298%4h93.373+0.067%$24.4M$66.5M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.352+0.045%$283K$962K25xas long as short
Binance CLUSDT−0.0198%4h93.350+0.043%$246.5M$936.0M100xas long as short
Variational Omni CL−0.0185%4h93.329+0.020%$13.3M$10.9M—as long as short
Ondo Perps WTI-USD.P−0.0160%1h93.280−0.032%$3.5M$5.3M20xas long as short
Aftermath Perps WTIUSD−0.0139%1h93.325+0.016%$2K$26K5xas long as short
Bitget CLUSDT−0.0134%4h93.339+0.031%$42.1M$43.1M100xas long as short
Nado WTI-PERP−0.0131%1h93.388+0.083%$967K$621K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0077%1h93.344+0.036%$184.5M$215.5M20xas long as short
Gate CL_USDT−0.0074%8h93.290−0.021%$21.6M$49.2M100xas long as short
OKX CL-USDT-SWAP−0.0068%4h93.340+0.032%$42.6M$102.6M50xas long as short
edgeX CLUSDC−0.0065%4h93.3100.000%$524K$306K30xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.161%$403K$929K15xas long as short
QFEX CL-USDlong−0.0032%1h93.310long leg$2.3M$2.1M10x
Lighter WTI−0.0016%1h93.337+0.029%$11.2M$9.8M20xas long as short
Paradex CL-USD-PERP−0.0012%8h93.315+0.005%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.329+0.021%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.360+0.054%$27.1M$79.9M150xas long as short
RISEx CL/USDC0.0000%1h93.391+0.087%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.390+0.086%$37K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.333+0.025%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.888−0.452%$5K—150xas long as short
Extended WTI-USD+0.0032%1h93.380+0.075%$2.0M$18.0M10xas long as short
KuCoin CLUSDTM+0.0032%4h93.367+0.061%$7.1M$2.4M50xas long as short
StandX CL-USD+0.0040%1h93.340+0.032%$739K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.340+0.032%—$313K10xas long as short
Pacifica CL+0.0047%1h93.337+0.028%$331K$576K10xas long as short
Polymarket Perps WTIOIL-USDshort+0.0050%1h93.334+0.026%$1.7M$1.3M20x
SoDEX CL-USD+0.0050%1h93.335+0.027%$2.1M$60K20xas long as short
ApeX Omni CLUSDT+0.0100%1h93.420+0.118%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.305−0.005%$4K—10xas long as short
BloFin CL-USDT+0.0173%4h93.3100.000%$4.0M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.57+9.926%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0232% / S −0.0164%1h93.335+0.027%$84K—111xas long as short