Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.061%
Price spread now: GMX against ApeX Omni−0.135%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. GMX is 0.135% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 15 days of funding at the current rate (+$1 a day). The two prices were read 68 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 | 92.340 | 0.0100 | pay 0.0013% / 1h | 24m 21s | $56K | $266K | 50x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 92.215 | L +0.0205% / S −0.0130% | get 0.0016% / 1h | 24m 21s | $77K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.37
- Price spread: −0.135% → 0.000%
- −$13.54
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$29.16
- Costs to cover
- 0.220%
- Break-even
- 39.0 days
Slippage unknown: ApeX Omni: live order book, 53 min ago; GMX: no order-book sample. Net counts fees only.
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, 53 min ago | 8.70 bp | 20.7 bp −$21 | 197.6 bp −$1,976 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0449% | 1h | 92.254 | −0.093% | $274K | $1.2M | 25x | as long as short |
| GRVT CL_USDT_Perp | −0.0316% | 4h | 92.230 | −0.119% | $58K | $702K | 25x | as long as short |
| Aster CLUSD1 | −0.0266% | 4h | 92.254 | −0.093% | $24.0M | $77.4M | 20x | as long as short |
| Binance CLUSDT | −0.0182% | 4h | 92.220 | −0.130% | $244.7M | $1.09B | 100x | as long as short |
| Variational Omni CL | −0.0162% | 4h | 92.224 | −0.125% | $13.4M | $12.5M | — | as long as short |
| Nado WTI-PERP | −0.0145% | 1h | 92.313 | −0.030% | $926K | $737K | 10x | as long as short |
| Lighter WTI | −0.0080% | 1h | 92.250 | −0.097% | $11.2M | $10.9M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0070% | 8h | 92.219 | −0.131% | $15K | $367 | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.0059% | 1h | 92.230 | −0.119% | $3.5M | $6.3M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.0054% | 1h | 92.228 | −0.121% | $186.5M | $274.9M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.0054% | 1h | 92.240 | −0.108% | $2.4M | $2.3M | 10x | as long as short |
| Gate CL_USDT | −0.0031% | 8h | 92.150 | −0.206% | $21.3M | $58.0M | 100x | as long as short |
| Pacifica CL | −0.0020% | 1h | 92.256 | −0.091% | $333K | $576K | 10x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.274 | −0.071% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.232 | −0.117% | $25.9M | $94.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.210 | −0.141% | $43.0M | $113.0M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.356 | +0.018% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.216 | −0.134% | $42.0M | $51.7M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.300 | −0.043% | $37K | $101K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.227 | −0.123% | $18K | $241K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | 0.0000% | 1h | 92.240 | −0.108% | $96K | $189K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | 0.0000% | 1h | 92.030 | −0.336% | $399K | $963K | 15x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.779 | −0.608% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.260 | −0.087% | $2.0M | $26.7M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.240 | −0.108% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.280 | −0.065% | — | $308K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.231 | −0.118% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.210 | −0.141% | $2.0M | $39K | 20x | as long as short |
| edgeX CLUSDC | +0.0079% | 4h | 92.275 | −0.070% | $531K | $334K | 30x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.280 | −0.065% | $7.1M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDTlong | +0.0100% | 1h | 92.340 | long leg | $56K | $266K | 50x | |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.207 | −0.145% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | L +0.0205% / S −0.0130% | 1h | 92.215 | −0.135% | $77K | — | 111x | |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.18 | +9.574% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.250 | −0.097% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0272% | 1h | 92.248 | −0.100% | $2K | $29K | 5x | as long as short |
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
Kraken Futures PF_WTIOILUSD
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Lighter WTI
Paradex CL-USD-PERP
tradeXYZ xyz:CL
Gate CL_USDT
Pacifica CL
Bybit CLUSDT
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
Deribit WTIOIL_USDC-PERPETUAL
Coinbase International WTIOIL-PERP-INTX
gTrade (Gains Network) WTI/USD
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
edgeX CLUSDC
KuCoin CLUSDTM
Injective WTI/USDC PERP
BloFin CL-USDT
Aftermath Perps WTIUSD