CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.006%

Price spread now: Polymarket Perps against StandX−0.073%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on StandX Short on Polymarket Perps

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+0.015%+$1 · spread now −0.073%, 7d avg +0.006%

Together, before fees+0.096%+ Points / potential airdropStandX: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.078% cheaper against StandX than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.006%). If the spread goes back, that is −$8 on $10k: about 26 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.081% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	93.730	0.0040	pay 0.0005% / 1h	58m 03s	$743K	$2.8M	40x
Short	Polymarket Perps WTIOIL-USD	93.662	0.0050	get 0.0006% / 1h	58m 03s	$1.7M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against StandX. 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 StandXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.073%Rate

Funding earned: $2.1
Price spread: −0.073% → +0.006%: −$7.85
Slippage, 4 orders: −$18.43
Fee StandX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$40.18
Costs to cover: 0.344%
Break-even: 140.9 days

Slippage from StandX: live order book, 1 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 StandX live order book, 1 min ago	3.20 bp	12.4 bp −$12	13.3 bp −$133	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.68 bp	6.8 bp −$7	7.8 bp −$78	11.0 bp −$1,096	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	−0.0390%	1h	93.680	−0.053%	$196K	$388K	15x	as long as short
GRVT CL_USDT_Perp	−0.0308%	4h	93.381	−0.372%	$53K	$607K	25x	as long as short
Aster CLUSD1	−0.0294%	4h	93.730	0.000%	$24.7M	$64.8M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0208%	1h	93.698	−0.034%	$276K	$966K	25x	as long as short
Binance CLUSDT	−0.0169%	4h	93.690	−0.042%	$247.6M	$922.6M	100x	as long as short
Variational Omni CL	−0.0159%	4h	93.419	−0.332%	$13.4M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0128%	4h	93.675	−0.059%	$42.4M	$42.1M	100x	as long as short
Gate CL_USDT	−0.0126%	8h	93.630	−0.107%	$22.9M	$48.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0126%	1h	93.531	−0.212%	$2K	$26K	5x	as long as short
Nado WTI-PERP	−0.0114%	1h	93.721	−0.010%	$963K	$630K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0057%	4h	93.680	−0.053%	$42.8M	$103.3M	50x	as long as short
edgeX CLUSDC	−0.0046%	4h	93.416	−0.335%	$525K	$306K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.700	−0.032%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	−0.203%	$405K	$862K	15x	as long as short
Lighter WTI	0.0000%	1h	93.683	−0.050%	$11.3M	$9.1M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.699	−0.033%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.710	−0.021%	$26.9M	$79.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.687	−0.046%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.440	−0.309%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.667	−0.067%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.216	−0.548%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0001%	8h	93.641	−0.095%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.710	−0.021%	$1.9M	$15.0M	10x	as long as short
Ondo Perps WTI-USD.P	+0.0033%	1h	93.620	−0.117%	$3.5M	$5.4M	20x	as long as short
StandX CL-USDlong	+0.0040%	1h	93.730	long leg	$743K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	93.640	−0.096%	—	$313K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	93.705	−0.027%	$185.3M	$205.1M	20x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	93.662	−0.073%	$1.7M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.705	−0.027%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.673	−0.061%	$350K	$594K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.706	−0.026%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.480	−0.267%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.670	−0.064%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0179%	4h	93.630	−0.107%	$4.1M	$973K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.82	+9.697%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0251% / S −0.0186%	1h	93.685	−0.048%	$84K	—	111x	as long as short