CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: SoDEX against ApeX Omni+0.091%74s7-day average −0.015% · 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—prices read too far apart to compare

costs, in and out, $10k−$800.800% of the position

Long on ApeX Omni Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.091%, 7d avg −0.015%

Together, before fees−0.162%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.106% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.015%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days. At the pace of the last 3 days (−0.016% in total) that is about 23 days. The two prices were read 74 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	93.460	0.0100	pay 0.0013% / 1h	59m 46s	$54K	$266K	50x
Short	SoDEX CL-USD	93.545	0.0050	get 0.0006% / 1h	59m 46s	$2.1M	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$10.5
Price spread: +0.091% → −0.015%: $10.56
Slippage, 4 orders: −$62.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$79.96
Costs to cover: 0.800%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 42 min ago; SoDEX: live order book, 4 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, 42 min ago	8.55 bp	21.2 bp −$21	185.5 bp −$1,855	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.54 bp	18.8 bp −$19	96.9 bp −$969	doesn't fit	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	−0.0605%	1h	93.520	+0.064%	$196K	$387K	15x	as long as short
GRVT CL_USDT_Perp	−0.0306%	4h	93.372	−0.094%	$53K	$607K	25x	as long as short
Aster CLUSD1	−0.0297%	4h	93.700	+0.257%	$24.7M	$65.2M	20x	as long as short
Binance CLUSDT	−0.0171%	4h	93.680	+0.235%	$248.3M	$919.9M	100x	as long as short
Variational Omni CL	−0.0159%	4h	93.419	−0.044%	$13.4M	$10.7M	—	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.559	+0.106%	$276K	$969K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0136%	1h	93.380	−0.086%	$3.5M	$5.3M	20x	as long as short
Aftermath Perps WTIUSD	−0.0134%	1h	93.468	+0.008%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0128%	4h	93.586	+0.135%	$42.4M	$42.1M	100x	as long as short
Gate CL_USDT	−0.0125%	8h	93.520	+0.064%	$22.8M	$50.8M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0091%	4h	93.408	−0.055%	$525K	$305K	30x	as long as short
Nado WTI-PERP	−0.0083%	1h	93.543	+0.089%	$962K	$631K	10x	as long as short
OKX CL-USDT-SWAP	−0.0058%	4h	93.790	+0.353%	$43.0M	$102.8M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	93.460	0.000%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.540	+0.086%	$405K	$917K	15x	as long as short
Lighter WTI	0.0000%	1h	93.629	+0.181%	$11.3M	$9.1M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.521	+0.066%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.700	+0.257%	$26.9M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.522	+0.066%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.440	−0.021%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.546	+0.092%	$19K	$240K	10x	as long as short
Paradex CL-USD-PERP	0.0000%	8h	93.468	+0.009%	$16K	$367	5x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.094	−0.392%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	93.620	+0.171%	$2.0M	$14.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.470	+0.011%	$741K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.500	+0.043%	—	$313K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	93.617	+0.168%	$184.9M	$204.2M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.505	+0.048%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	93.545	+0.091%	$2.1M	$60K	20x
Pacifica CL	+0.0100%	1h	93.490	+0.032%	$332K	$572K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.582	+0.131%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	93.460	long leg	$54K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	93.513	+0.057%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0179%	4h	93.400	−0.064%	$4.1M	$969K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.82	+10.014%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0251% / S −0.0185%	1h	93.545	+0.091%	$84K	—	111x	as long as short