CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.029%

Price spread now: Coinbase International against ApeX Omni+0.021%7-day average −0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$560.562% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.420%−$42 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.021%, 7d avg −0.113%

Together, before fees−0.536%−$54 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.134% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.113%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CLUSDT	93.170	0.0100	pay 0.0013% / 1h	29m 02s	$56K	$266K	50x
Short	Coinbase International WTIOIL-PERP-INTX	93.190	−0.0040	pay 0.0005% / 1h	29m 02s	$401K	$927K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$29.4
Price spread: +0.021% → −0.113%: $13.44
Slippage, 4 orders: −$36.25
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$72.21
Costs to cover: 0.562%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 23 min ago; Coinbase International: live order book, 64 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, 23 min ago	8.60 bp	19.7 bp −$20	195.4 bp −$1,954	doesn't fit	doesn't fit
Sell Coinbase International live order book, 64 min ago	2.15 bp	7.3 bp −$7	9.0 bp −$90	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0715%	1h	93.130	−0.043%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0274%	4h	93.161	−0.010%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0261%	4h	93.210	+0.043%	$24.2M	$66.6M	20x	as long as short
Binance CLUSDT	−0.0174%	4h	93.178	+0.009%	$245.5M	$941.0M	100x	as long as short
Variational Omni CL	−0.0156%	4h	93.159	−0.012%	$13.4M	$10.9M	—	as long as short
Bitget CLUSDT	−0.0126%	4h	93.171	+0.001%	$41.9M	$43.2M	100x	as long as short
Nado WTI-PERP	−0.0122%	1h	93.231	+0.065%	$964K	$631K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0118%	1h	93.220	+0.054%	$3.5M	$5.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0112%	1h	93.225	+0.059%	$2K	$27K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.176	+0.006%	$278K	$958K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0057%	8h	93.120	−0.054%	$21.2M	$51.4M	100x	as long as short
edgeX CLUSDC	−0.0049%	4h	93.216	+0.049%	$524K	$307K	30x	as long as short
OKX CL-USDT-SWAP	−0.0042%	4h	93.170	0.000%	$42.7M	$102.8M	50x	as long as short
Coinbase International WTIOIL-PERP-INTXshort	−0.0040%	1h	93.190	+0.021%	$401K	$927K	15x
tradeXYZ xyz:CL	−0.0035%	1h	93.175	+0.005%	$184.4M	$217.9M	20x	as long as short
QFEX CL-USD	−0.0033%	1h	93.170	0.000%	$2.3M	$1.8M	10x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.210	+0.043%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.263	+0.100%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.190	+0.021%	$26.9M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.248	+0.083%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.187	+0.018%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.734	−0.468%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.206	+0.039%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.218	+0.052%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.180	+0.011%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.220	+0.054%	$2.0M	$19.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	−0.032%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.190	+0.021%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.178	+0.009%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.176	+0.006%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.170	0.000%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	93.170	long leg	$56K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	93.161	−0.010%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0200%	4h	93.160	−0.011%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.51	+10.025%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0221% / S −0.0149%	1h	93.175	+0.005%	$81K	—	111x	as long as short