CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: Polymarket Perps against ApeX Omni+0.022%63s7-day average +0.029% · 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−$520.522% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.022%, 7d avg +0.029%

Together, before fees+0.027%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 63 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	92.720	0.0100	pay 0.0013% / 1h	21m 52s	$56K	$265K	50x
Short	Polymarket Perps WTIOIL-USD	92.740	0.0050	get 0.0006% / 1h	21m 52s	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$10.5
Price spread: +0.022% → +0.029%: −$0.73
Slippage, 4 orders: −$34.19
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$63.42
Costs to cover: 0.522%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 45 min ago; Polymarket Perps: 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, 45 min ago	8.63 bp	19.3 bp −$19	176.9 bp −$1,769	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.16 bp	6.7 bp −$7	7.5 bp −$75	10.5 bp −$1,050	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0504%	1h	92.720	0.000%	$198K	$365K	15x	as long as short
Aster CLUSD1	−0.0305%	4h	92.756	+0.039%	$23.9M	$73.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0266%	4h	92.740	+0.022%	$53K	$631K	25x	as long as short
Binance CLUSDT	−0.0257%	4h	92.715	−0.006%	$244.1M	$978.9M	100x	as long as short
Variational Omni CL	−0.0256%	4h	92.710	−0.011%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0124%	8h	92.670	−0.054%	$20.8M	$53.7M	100x	as long as short
Nado WTI-PERP	−0.0058%	1h	92.781	+0.066%	$965K	$676K	10x	as long as short
tradeXYZ xyz:CL	−0.0053%	1h	92.750	+0.032%	$184.3M	$220.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	+0.032%	$402K	$946K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0039%	1h	92.720	0.000%	$3.5M	$5.7M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.777	+0.062%	$270K	$877K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.720	0.000%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0018%	4h	92.700	−0.022%	$42.8M	$105.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.757	+0.040%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.741	+0.023%	$26.8M	$82.4M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.719	−0.001%	$41.9M	$44.1M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.780	+0.065%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.740	+0.022%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.311	−0.441%	$5K	—	150x	as long as short
Aftermath Perps WTIUSD	+0.0027%	1h	92.783	+0.068%	$2K	$28K	5x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	92.711	−0.010%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.755	+0.038%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.770	+0.054%	$2.1M	$24.6M	10x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.846	+0.136%	$3.3M	$2.7M	20x	as long as short
edgeX CLUSDC	+0.0038%	4h	92.754	+0.036%	$533K	$297K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.340	−0.410%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.750	+0.032%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	92.740	+0.022%	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	92.745	+0.027%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0074%	4h	92.753	+0.036%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.732	+0.013%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	92.720	long leg	$56K	$265K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.706	−0.015%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.745	+0.027%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.829%	$19K	$11K	30x	as long as short