CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%

Price spread now: Bullet against ApeX Omni−0.087%66s7-day average +0.008% · 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—prices read too far apart to compare

costs, in and out, $10k−$560.555% of the position

Long on ApeX Omni Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.070%−$7 on $10k

Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.087%, 7d avg +0.008%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bullet is 0.095% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.008%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CLUSDT	90.430	0.0100	pay 0.0013% / 1h	59m 37s	$53K	$266K	50x
Short	Bullet WTIOIL-USD	90.352	0	get 0.0000% / 1h	59m 37s	$18K	$238K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BulletbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$21
Price spread: −0.087% → +0.008%: −$9.5
Slippage, 4 orders: −$37.55
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$86.05
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 32 min ago; Bullet: live order book, 34 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 ApeX Omni live order book, 32 min ago	8.63 bp	19.3 bp −$19	171.0 bp −$1,710	doesn't fit	doesn't fit
Sell Bullet live order book, 34 min ago	1.56 bp	7.6 bp −$8	19.0 bp −$190	doesn't fit	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
Kraken Futures PF_WTIOILUSD	−0.0322%	1h	90.404	−0.029%	$266K	$1.0M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0303%	1h	90.320	−0.122%	$181K	$415K	15x	as long as short
Aster CLUSD1	−0.0200%	4h	90.538	+0.120%	$24.6M	$60.9M	20x	as long as short
Binance CLUSDT	−0.0121%	4h	90.480	+0.055%	$245.6M	$1.03B	100x	as long as short
Gate CL_USDT	−0.0107%	8h	90.290	−0.155%	$22.9M	$53.3M	100x	as long as short
Bitget CLUSDT	−0.0100%	4h	90.395	−0.039%	$40.6M	$45.6M	100x	as long as short
Variational Omni CL	−0.0100%	4h	90.468	+0.042%	$13.0M	$11.0M	—	as long as short
GRVT CL_USDT_Perp	−0.0092%	4h	90.248	−0.202%	$70K	$616K	25x	as long as short
Nado WTI-PERP	−0.0089%	1h	90.411	−0.021%	$936K	$613K	10x	as long as short
edgeX CLUSDC	−0.0071%	4h	90.283	−0.162%	$527K	$342K	30x	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	−0.0045%	4h	90.530	+0.111%	$41.2M	$110.4M	50x	as long as short
Aftermath Perps WTIUSD	−0.0041%	1h	90.639	+0.231%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0026%	1h	90.450	+0.022%	$2.2M	$2.9M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.952	−0.529%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.491	+0.068%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.540	+0.122%	$26.1M	$90.3M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.450	+0.022%	$2.8M	$2.9M	20x	as long as short
Bullet WTIOIL-USDshort	0.0000%	1h	90.352	−0.087%	$18K	$238K	10x
Phoenix WTIOIL	+0.0009%	1h	90.590	+0.177%	$36K	$39K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	90.460	+0.033%	$407K	$1.0M	15x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	90.503	+0.081%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	90.479	+0.054%	$11.0M	$8.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.340	−0.100%	$1.6M	$13.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	90.460	+0.033%	$703K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.380	−0.055%	—	$313K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	90.413	−0.019%	$176.2M	$205.9M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.345	−0.094%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.347	−0.092%	$2.0M	$82K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	90.440	+0.011%	$3.5M	$5.2M	20x	as long as short
Pacifica CL	+0.0100%	1h	90.461	+0.034%	$334K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.471	+0.045%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	90.430	long leg	$53K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	90.318	−0.124%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0188%	4h	90.430	0.000%	$4.0M	$997K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+12.943%	$19K	$5K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.485	+0.061%	$84K	—	111x	as long as short