CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Polymarket Perps against RISEx−0.109%7-day average −0.071% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.050%−$5 on $10k

Price spread, last 7 days+0.028%+$3 · spread now −0.109%, 7d avg −0.071%

Together, before fees−0.022%−$2 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 Polymarket Perps is 0.038% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.071%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	92.999	0.0066	pay 0.0008% / 1h	48m 33s	$3.3M	$2.7M	20x
Short	Polymarket Perps WTIOIL-USD	92.897	0.0050	get 0.0006% / 1h	48m 33s	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$3.36
Price spread: −0.109% → −0.071%: −$3.81
Slippage, 4 orders: −$5.68
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$26.85
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Polymarket Perps: 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 RISEx live order book, 5 min ago	0.48 bp	3.5 bp −$3	4.0 bp −$40	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.26 bp	6.4 bp −$6	7.6 bp −$76	10.7 bp −$1,070	doesn't fit

CL on 35 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	−0.0718%	1h	92.840	−0.170%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0238%	4h	92.904	−0.102%	$24.0M	$70.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.953	−0.049%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	92.880	−0.127%	$244.6M	$957.3M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	−0.077%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0138%	1h	92.820	−0.192%	$3.5M	$5.7M	20x	as long as short
Nado WTI-PERP	−0.0125%	1h	92.945	−0.058%	$962K	$668K	10x	as long as short
Gate CL_USDT	−0.0099%	8h	92.830	−0.181%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0050%	1h	92.890	−0.117%	$184.8M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.267%	$402K	$944K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.860	−0.149%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0018%	1h	92.914	−0.091%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0012%	4h	92.870	−0.138%	$42.8M	$102.4M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.189%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.917	−0.088%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.899	−0.107%	$26.9M	$81.0M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.876	−0.132%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.127%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.888	−0.119%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.446	−0.594%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	92.894	−0.112%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.930	−0.074%	$2.1M	$23.3M	10x	as long as short
Paradex CL-USD-PERP	+0.0034%	8h	92.865	−0.143%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.440	−0.601%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.910	−0.095%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	92.897	−0.109%	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	92.875	−0.133%	$2.1M	$61K	20x	as long as short
RISEx CL/USDClong	+0.0066%	1h	92.999	long leg	$3.3M	$2.7M	20x
KuCoin CLUSDTM	+0.0072%	4h	92.895	−0.111%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.887	−0.120%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	−0.063%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.851	−0.159%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.879	−0.129%	$273K	$881K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.875	−0.133%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.837%	$19K	$11K	30x	as long as short