CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.047%

Price spread now: Nado against ApeX Omni+0.091%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$480.480% of the position

Long on ApeX Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.134%−$13 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.091%, 7d avg +0.025%

Together, before fees−0.107%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.066% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.025%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CLUSDT	92.740	0.0100	pay 0.0013% / 1h	44m 40s	$56K	$265K	50x
Short	Nado WTI-PERP	92.824	−0.0049	pay 0.0006% / 1h	44m 40s	$935K	$684K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.091%Rate

Funding earned: −$31.25
Price spread: +0.091% → +0.025%: $6.61
Slippage, 4 orders: −$30.99
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$72.63
Costs to cover: 0.480%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 22 min ago; Nado: live order book, 24 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, 22 min ago	8.63 bp	19.3 bp −$19	176.9 bp −$1,769	doesn't fit	doesn't fit
Sell Nado live order book, 24 min ago	0.05 bp	4.7 bp −$5	9.2 bp −$92	29.7 bp −$2,974	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	−0.0612%	1h	92.730	−0.011%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0335%	4h	92.800	+0.065%	$24.0M	$74.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0322%	4h	92.720	−0.022%	$50K	$632K	25x	as long as short
Binance CLUSDT	−0.0279%	4h	92.803	+0.068%	$244.7M	$1.00B	100x	as long as short
Variational Omni CL	−0.0272%	4h	92.751	+0.011%	$13.3M	$11.2M	—	as long as short
Gate CL_USDT	−0.0162%	8h	92.730	−0.011%	$20.9M	$52.9M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0079%	1h	92.740	0.000%	$3.5M	$5.8M	20x	as long as short
tradeXYZ xyz:CL	−0.0062%	1h	92.776	+0.039%	$185.4M	$225.0M	20x	as long as short
Nado WTI-PERPshort	−0.0049%	1h	92.824	+0.091%	$935K	$684K	10x
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.766%	$399K	$942K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.809	+0.074%	$275K	$883K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.760	+0.022%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0016%	1h	92.810	+0.075%	$2.1M	$25.1M	10x	as long as short
OKX CL-USDT-SWAP	−0.0012%	4h	92.800	+0.065%	$42.9M	$106.7M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.832	+0.099%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.814	+0.080%	$26.4M	$83.8M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.770	+0.032%	$42.1M	$46.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.790	+0.054%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.785	+0.049%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.346	−0.425%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0021%	8h	92.787	+0.051%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.785	+0.049%	$11.2M	$10.1M	20x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.888	+0.159%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.340	−0.431%	$726K	$3.0M	40x	as long as short
edgeX CLUSDC	+0.0041%	4h	92.772	+0.035%	$533K	$300K	30x	as long as short
Vest CL-PERP	+0.0046%	1h	92.790	+0.054%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.778	+0.041%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.782	+0.045%	$2.1M	$61K	20x	as long as short
Aftermath Perps WTIUSD	+0.0068%	1h	92.791	+0.055%	$2K	$28K	5x	as long as short
KuCoin CLUSDTM	+0.0072%	4h	92.835	+0.102%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.791	+0.055%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	92.740	long leg	$56K	$265K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.749	+0.009%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.795	+0.059%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.93	+9.913%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0228%	4h	92.730	−0.011%	$4.0M	$1.2M	50x	as long as short