Settings8H · net · $10k
Funding arb · Price arb /

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.032%
Price spread now: Ondo Perps against ApeX Omni−0.076%52s7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.138%−$14 on $10k
Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.076%, 7d avg −0.044%
Together, before fees−0.139%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.032% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.044%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CLUSDT91.9100.0100pay 0.0013% / 1h4m 38s$55K$266K50x
ShortOndo Perps WTI-USD.P91.8400.0050get 0.0006% / 1h4m 38s$3.5M$6.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$10.42
Price spread: −0.076% → −0.044%
−$3.21
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$28.63
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 17 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 17 min ago0.54 bp11.5 bp −$11182.9 bp −$1,829doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0019%1h91.940+0.033%$2.4M$2.6M10xas long as short
Aster CLUSD10.0000%4h91.960+0.054%$24.5M$77.4M20xas long as short
dYdX WTI-USD0.0000%1h91.937+0.030%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.970+0.065%$246.4M$1.14B100xas long as short
Bybit CLUSDT0.0000%8h91.960+0.054%$25.2M$99.9M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.940+0.033%$43.0M$116.6M50xas long as short
Gate CL_USDT0.0000%8h91.900−0.011%$21.2M$63.4M100xas long as short
Bitget CLUSDT0.0000%4h91.949+0.042%$42.1M$67.2M100xas long as short
Variational Omni CL0.0000%4h91.951+0.044%$13.4M$16.1Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.871−0.043%$58K$774K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet WTIOIL-USD0.0000%1h91.956+0.050%$17K$241K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h91.980+0.076%$95K$260K15xas long as short
Aftermath Perps WTIUSD+0.0003%1h91.882−0.031%$2K$31K5xas long as short
Phoenix WTIOIL+0.0009%1h91.990+0.087%$33K$99K20xas long as short
Paradex CL-USD-PERP+0.0013%8h91.943+0.036%$15K$3675xas long as short
edgeX CLUSDC+0.0022%4h91.866−0.047%$528K$341K30xas long as short
Lighter WTI+0.0032%1h91.893−0.018%$11.0M$12.3M20xas long as short
Extended WTI-USD+0.0032%1h91.959+0.053%$2.0M$29.5M10xas long as short
Injective WTI/USDC PERP+0.0033%1h91.880−0.033%$17K$18K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h91.980+0.077%$257K$1.3M25xas long as short
StandX CL-USD+0.0040%1h91.970+0.065%$725K$3.1M40xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0040%1h92.080+0.185%$393K$1.3M15xas long as short
Vest CL-PERP+0.0046%1h92.020+0.120%$243K10xas long as short
tradeXYZ xyz:CL+0.0050%1h91.955+0.049%$182.5M$289.8M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h91.933+0.025%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h91.953+0.047%$2.0M$39K20xas long as short
Ondo Perps WTI-USD.Pshort+0.0050%1h91.840−0.076%$3.5M$6.5M20x
Pacifica CL+0.0100%1h91.957+0.051%$336K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.926+0.017%$7.3M$2.1M50xas long as short
ApeX Omni CLUSDTlong+0.0100%1h91.910long leg$55K$266K50x
Aevo WTIOIL-PERP+0.0104%1h91.932+0.024%$4K10xas long as short
Nado WTI-PERP+0.0181%1h91.947+0.040%$881K$788K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h91.965+0.060%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.920+0.011%$4.0M$1.5M50xas long as short
RISEx CL/USDC+0.0266%1h92.058+0.161%$3.2M$2.7M20xas long as short