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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.038%
Price spread now: Polymarket Perps against Variational Omni+0.017%7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.101%+$10 on $10k
Price spread, last 7 days−0.065%−$7 · spread now +0.017%, 7d avg −0.010%
Together, before fees+0.036%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.027% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CL93.128−0.0162get 0.0081% / 4h3h 21m$13.3M$10.9M
ShortPolymarket Perps WTIOIL-USD93.1440.0050get 0.0006% / 1h21m 18s$1.7M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. 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
$44.45
Price spread: +0.017% → −0.010%
$2.74
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$39.18
Costs to cover
0.080%
Break-even
0.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Polymarket Perps: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago2.26 bpdoesn't fit2.3 bp −$236.0 bp −$604doesn't fit
Sell Polymarket Perps live order book, 2 min ago2.25 bp6.7 bp −$78.3 bp −$8311.5 bp −$1,149doesn'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−0.0716%1h93.100−0.030%$199K$370K15xas long as short
GRVT CL_USDT_Perp−0.0308%4h93.140+0.013%$54K$645K25xas long as short
Aster CLUSD1−0.0275%4h93.150+0.024%$24.1M$66.0M20xas long as short
Binance CLUSDT−0.0181%4h93.138+0.011%$245.7M$940.2M100xas long as short
Variational Omni CLlong−0.0162%4h93.128long leg$13.3M$10.9M
Ondo Perps WTI-USD.P−0.0130%1h93.120−0.008%$3.5M$5.4M20xas long as short
Bitget CLUSDT−0.0130%4h93.144+0.017%$42.0M$43.2M100xas long as short
Aftermath Perps WTIUSD−0.0123%1h93.162+0.036%$2K$27K5xas long as short
Nado WTI-PERP−0.0120%1h93.194+0.071%$964K$630K10xas long as short
Gate CL_USDT−0.0064%8h93.080−0.051%$21.2M$51.5M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0061%1h93.144+0.018%$280K$957K25xas long as short
OKX CL-USDT-SWAP−0.0057%4h93.120−0.008%$42.6M$102.7M50xas long as short
tradeXYZ xyz:CL−0.0050%1h93.144+0.017%$184.4M$217.6M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160+0.035%$403K$929K15xas long as short
QFEX CL-USD−0.0033%1h93.120−0.008%$2.3M$1.9M10xas long as short
edgeX CLUSDC−0.0025%4h93.174+0.049%$524K$306K30xas long as short
Paradex CL-USD-PERP−0.0025%8h93.118−0.010%$16K$3675xas long as short
Phoenix WTIOIL−0.0009%1h93.210+0.088%$37K$41K20xas long as short
dYdX WTI-USD0.0000%1h93.173+0.048%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.139+0.012%$26.8M$80.5M150xas long as short
RISEx CL/USDC0.0000%1h93.198+0.075%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.135+0.008%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.702−0.457%$5K150xas long as short
KuCoin CLUSDTM+0.0002%4h93.182+0.058%$7.1M$2.4M50xas long as short
Lighter WTI+0.0008%1h93.134+0.007%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0016%1h93.190+0.067%$2.0M$18.8M10xas long as short
StandX CL-USD+0.0040%1h93.160+0.035%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.170+0.045%$313K10xas long as short
Polymarket Perps WTIOIL-USDshort+0.0050%1h93.144+0.017%$1.7M$1.3M20x
SoDEX CL-USD+0.0050%1h93.138+0.011%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.133+0.006%$331K$579K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.170+0.045%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.105−0.025%$4K10xas long as short
BloFin CL-USDT+0.0187%4h93.150+0.024%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.51+10.075%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0222% / S −0.0150%1h93.135+0.008%$81K111xas long as short