A gallon of the least expensive latex 'base' paint [its usually white] mixed w/a qt. of 90wt gear oil [no need for hypoid unless you like the smell of sulfur] will give you a very durable mix for the least cost. Use a close nap paint roller on a long extension handle and don't get overly enthusiastic when rolling; it will throw off & is not that easily removed. It makes for a very durable mix for grease plate application and is inexpensive to renew.

note: if you are using white lithium bearing grease, it is least expensive purchased in the cartridges sold for use in grease guns as opposed to in a can.