Funding arb · Price arb /

CL

RWAall CL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0004%/8hnext payment +$0.01 per $10,000 · paid last 24h +0.007%

Price spread now: Polymarket Perps against Vest−0.061%7-day average +0.984% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.155%+$15 · spread now −0.061%, 7d avg +0.984%

Together, before fees+0.212%+ Points / potential airdropVest: Active · farm board+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 1.045% cheaper against Vest than usual: you would sell low and buy high, −$104 on $10k if it goes back to its 7-day average of +0.984%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CL-PERP	92.130	0.0046	pay 0.0006% / 1h	23m 23s	—	$243K	10x
Short	Polymarket Perps WTIOIL-USD	92.074	0.0050	get 0.0006% / 1h	23m 23s	$1.6M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Vest. 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 VestbpFee Polymarket PerpsbpOrdersPrice spread, now −0.061%Rate

Funding earned: $0.91
Price spread: −0.061% → +0.984%: −$104.47
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$113.57
Costs to cover: 0.100%
Break-even: 883.3 days

Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 5 min ago. Net counts fees only.

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 Vest no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	1.79 bp	5.9 bp −$6	8.2 bp −$82	11.9 bp −$1,193	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Ondo Perps WTI-USD.P	−0.0106%	1h	91.980	−0.163%	$3.5M	$6.3M	20x	as long as short
Binance CLUSDT	−0.0097%	4h	92.060	−0.076%	$245.4M	$1.05B	100x	as long as short
Aster CLUSD1	−0.0095%	4h	92.040	−0.098%	$24.8M	$70.7M	20x	as long as short
Variational Omni CL	−0.0079%	4h	91.945	−0.201%	$13.4M	$16.7M	—	as long as short
Nado WTI-PERP	−0.0079%	1h	92.072	−0.063%	$843K	$752K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0076%	1h	92.090	−0.043%	$96K	$470K	15x	as long as short
Aftermath Perps WTIUSD	−0.0075%	1h	92.050	−0.087%	$2K	$33K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0059%	1h	92.113	−0.019%	$267K	$1.3M	25x	as long as short
Lighter WTI	−0.0040%	1h	92.012	−0.128%	$11.1M	$12.5M	20x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0038% / S +0.0036%	1h	91.802	−0.356%	$178K	—	150x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT CL_USDT_Perp	−0.0022%	4h	91.960	−0.185%	$58K	$812K	25x	as long as short
QFEX CL-USD	−0.0022%	1h	92.020	−0.119%	$2.4M	$2.8M	10x	as long as short
tradeXYZ xyz:CL	−0.0018%	1h	92.079	−0.055%	$183.5M	$287.0M	20x	as long as short
Bullet WTIOIL-USD	−0.0017%	1h	92.054	−0.083%	$19K	$246K	10x	as long as short
Gate CL_USDT	−0.0007%	8h	92.010	−0.130%	$21.1M	$61.6M	100x	as long as short
dYdX WTI-USD	0.0000%	1h	92.035	−0.104%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.062	−0.074%	$24.7M	$95.5M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.060	−0.076%	$43.2M	$112.5M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.136	+0.007%	$3.1M	$2.6M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.061	−0.075%	$42.5M	$63.7M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.120	−0.011%	$395K	$1.1M	15x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	91.992	−0.150%	$15K	$367	5x	as long as short
Phoenix WTIOIL	+0.0026%	1h	92.020	−0.119%	$33K	$99K	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.120	−0.011%	$1.9M	$29.3M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	92.595	+0.505%	$18K	$14K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.040	−0.098%	$726K	$2.6M	40x	as long as short
Vest CL-PERPlong	+0.0046%	1h	92.130	long leg	—	$243K	10x
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	92.074	−0.061%	$1.6M	$1.2M	20x
SoDEX CL-USD	+0.0050%	1h	91.955	−0.190%	$2.0M	$45K	20x	as long as short
edgeX CLUSDC	+0.0093%	4h	91.977	−0.166%	$529K	$351K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.030	−0.109%	$315K	$542K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.088	−0.046%	$7.5M	$1.2M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.000	−0.141%	$55K	$272K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.039	−0.099%	$4K	$49	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0127% / S +0.0033%	1h	92.055	−0.081%	$79K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.960	−0.185%	$4.1M	$1.5M	50x	as long as short