CL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.024%

Price spread now: Extended against ApeX Omni+0.056%52s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.491% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.056%, 7d avg −0.006%

Together, before fees−0.120%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.061% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.006%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.096% in total) that is about 4.5 days. The two prices were read 52 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	90.010	0.0100	pay 0.0013% / 1h	50m 18s	$52K	$267K	50x
Short	Extended WTI-USD	90.060	−0.0048	pay 0.0006% / 1h	50m 18s	$1.3M	$13.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$31.08
Price spread: +0.056% → −0.006%: $6.12
Slippage, 4 orders: −$34.1
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$74.06
Costs to cover: 0.491%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 55 min ago; Extended: live order book, 2 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, 55 min ago	8.92 bp	19.8 bp −$20	177.6 bp −$1,776	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.06 bp	3.7 bp −$4	6.5 bp −$65	22.4 bp −$2,239	doesn't fit

CL on 36 exchanges

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	−0.0231%	1h	90.018	+0.009%	$307K	$1.9M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0194%	1h	90.010	0.000%	$39K	$643K	15x	as long as short
Aftermath Perps WTIUSD	−0.0142%	1h	89.875	−0.150%	$1K	$26K	5x	as long as short
tradeXYZ xyz:CL	−0.0122%	1h	89.971	−0.043%	$173.7M	$248.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0108%	4h	89.900	−0.122%	$67K	$645K	25x	as long as short
Bitget CLUSDT	−0.0098%	4h	90.040	+0.033%	$40.7M	$57.3M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0094%	1h	89.980	−0.033%	$3.4M	$6.5M	20x	as long as short
Aster CLUSD1	−0.0074%	4h	90.076	+0.073%	$24.4M	$72.5M	20x	as long as short
Nado WTI-PERP	−0.0066%	1h	90.094	+0.093%	$890K	$707K	10x	as long as short
Extended WTI-USDshort	−0.0048%	1h	90.060	+0.056%	$1.3M	$13.2M	10x

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0048%	4h	89.892	−0.131%	$500K	$373K	30x	as long as short
Lighter WTI	−0.0040%	1h	90.007	−0.003%	$10.6M	$11.0M	20x	as long as short
Binance CLUSDT	−0.0028%	4h	89.970	−0.044%	$245.7M	$1.21B	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0024%	1h	89.760	−0.278%	$416K	$1.5M	15x	as long as short
QFEX CL-USD	−0.0017%	1h	89.960	−0.056%	$2.2M	$2.9M	10x	as long as short
Gate CL_USDT	−0.0015%	8h	89.930	−0.089%	$24.1M	$54.8M	100x	as long as short
Phoenix WTIOIL	−0.0009%	1h	89.960	−0.056%	$33K	$38K	20x	as long as short
Variational Omni CL	−0.0005%	4h	89.971	−0.043%	$12.6M	$11.3M	—	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.607	−0.448%	$610	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.038	+0.031%	$9K	$4K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.347	+0.374%	$29.2M	$111.4M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	90.330	+0.356%	$40.5M	$137.0M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	90.058	+0.053%	$2.8M	$3.1M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.973	−0.041%	$18K	$234K	10x	as long as short
Paradex CL-USD-PERP	+0.0019%	8h	90.026	+0.018%	$15K	$458	5x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	90.137	+0.141%	$16K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.000	−0.011%	$694K	$2.7M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.990	−0.022%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.954	−0.062%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.984	−0.029%	$2.0M	$85K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.031	+0.023%	$308K	$744K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.022	+0.013%	$6.9M	$3.1M	50x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	90.010	long leg	$52K	$267K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	90.066	+0.062%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0158% / S +0.0008%	1h	89.965	−0.050%	$76K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	90.000	−0.011%	$3.9M	$1.0M	50x	as long as short