CL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.037%

Price spread now: Deribit against ApeX Omni−0.033%7-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−$64as in the Price arb table

costs, in and out, $10k−$600.598% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.083%−$8 on $10k

Price spread, last 3 days (all we have)−0.156%−$16 · spread now −0.033%, 7d avg +0.008%

Together, before fees−0.239%−$24 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 Deribit is 0.040% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CLUSDT	91.930	0.0100	pay 0.0013% / 1h	9m 09s	$55K	$266K	50x
Short	Deribit WTIOIL_USDC-PERPETUAL	91.900	0	get 0.0000% / 1h	9m 09s	$95K	$260K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$21
Price spread: −0.033% → +0.008%: −$4.03
Slippage, 4 orders: −$42.79
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$84.82
Costs to cover: 0.598%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; Deribit: live order book, 14 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, 13 min ago	0.54 bp	11.5 bp −$11	182.9 bp −$1,829	doesn't fit	doesn't fit
Sell Deribit live order book, 14 min ago	0.54 bp	8.3 bp −$8	9.1 bp −$91	doesn't fit	doesn't fit

CL on 35 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
QFEX CL-USD	−0.0019%	1h	91.880	−0.054%	$2.4M	$2.6M	10x	as long as short
Aster CLUSD1	0.0000%	4h	91.962	+0.034%	$24.5M	$77.2M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.854	−0.083%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.880	−0.054%	$246.1M	$1.14B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.864	−0.072%	$25.1M	$100.0M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.870	−0.065%	$42.9M	$116.5M	50x	as long as short
Gate CL_USDT	0.0000%	8h	91.810	−0.131%	$21.2M	$63.4M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.856	−0.080%	$42.1M	$67.5M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.913	−0.019%	$13.6M	$16.1M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.915	−0.017%	$58K	$774K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet WTIOIL-USD	0.0000%	1h	91.877	−0.058%	$17K	$241K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUALshort	0.0000%	1h	91.900	−0.033%	$95K	$260K	15x
Aftermath Perps WTIUSD	+0.0003%	1h	91.900	−0.032%	$2K	$31K	5x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.990	+0.065%	$33K	$99K	20x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	91.872	−0.063%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	91.838	−0.100%	$11.0M	$12.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	91.965	+0.038%	$2.0M	$29.6M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	91.880	−0.054%	$17K	$18K	30x	as long as short
edgeX CLUSDC	+0.0035%	4h	91.900	−0.033%	$528K	$341K	30x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0040%	1h	91.890	−0.044%	$257K	$1.3M	25x	as long as short
StandX CL-USD	+0.0040%	1h	91.920	−0.011%	$725K	$3.1M	40x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0040%	1h	92.080	+0.163%	$393K	$1.3M	15x	as long as short
Vest CL-PERP	+0.0046%	1h	92.020	+0.098%	—	$243K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	91.872	−0.063%	$182.4M	$289.7M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.879	−0.055%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.874	−0.061%	$2.0M	$39K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	91.860	−0.076%	$3.5M	$6.5M	20x	as long as short
Pacifica CL	+0.0100%	1h	91.882	−0.052%	$336K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.870	−0.065%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	91.930	long leg	$55K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	91.854	−0.082%	$4K	—	10x	as long as short
Nado WTI-PERP	+0.0189%	1h	91.865	−0.070%	$880K	$788K	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0212% / S −0.0127%	1h	91.875	−0.060%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.860	−0.076%	$4.0M	$1.5M	50x	as long as short
RISEx CL/USDC	+0.0266%	1h	91.999	+0.075%	$3.2M	$2.7M	20x	as long as short