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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: ApeX Omni against Bullet−0.011%66s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.061%+$6 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.011%, 7d avg −0.002%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet WTIOIL-USD92.7700get 0.0000% / 1h45m 51s$18K$240K10x
ShortApeX Omni CLUSDT92.7600.0100get 0.0013% / 1h45m 51s$56K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bullet. 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
$21
Price spread: −0.011% → −0.002%
−$0.89
Slippage, 4 orders
−$34.03
Fee Bullet: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.92
Costs to cover
0.520%
Break-even
17.6 days
Slippage from Bullet: live order book, 23 min ago; ApeX Omni: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bullet live order book, 23 min ago0.54 bp6.3 bp −$617.2 bp −$172doesn't fitdoesn't fit
Sell ApeX Omni live order book, 21 min ago8.63 bp19.9 bp −$20193.7 bp −$1,937doesn't fitdoesn't fit

CL on 36 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
Deribit WTIOIL_USDC-PERPETUAL−0.0504%1h92.730−0.043%$198K$366K15xas long as short
Aster CLUSD1−0.0339%4h92.780+0.011%$23.9M$74.7M20xas long as short
GRVT CL_USDT_Perp−0.0322%4h92.720−0.054%$50K$632K25xas long as short
Binance CLUSDT−0.0282%4h92.778+0.008%$244.7M$1.00B100xas long as short
Variational Omni CL−0.0272%4h92.751−0.021%$13.3M$11.2Mas long as short
Gate CL_USDT−0.0167%8h92.730−0.043%$20.9M$52.9M100xas long as short
Ondo Perps WTI-USD.P−0.0087%1h92.730−0.043%$3.5M$5.8M20xas long as short
tradeXYZ xyz:CL−0.0062%1h92.780+0.011%$185.4M$225.0M20xas long as short
Nado WTI-PERP−0.0049%1h92.795+0.027%$935K$685K10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.030−0.798%$399K$942K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0038%1h92.793+0.025%$275K$883K25xas long as short
QFEX CL-USD−0.0033%1h92.750−0.022%$2.5M$1.7M10xas long as short
Extended WTI-USD−0.0016%1h92.810+0.043%$2.1M$25.2M10xas long as short
OKX CL-USDT-SWAP−0.0014%4h92.790+0.022%$43.0M$106.9M50xas long as short
dYdX WTI-USD0.0000%1h92.832+0.066%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.790+0.022%$26.3M$84.0M150xas long as short
Bitget CLUSDT0.0000%4h92.771+0.001%$42.1M$46.3M100xas long as short
Phoenix WTIOIL0.0000%1h92.890+0.129%$37K$51K20xas long as short
Bullet WTIOIL-USDlong0.0000%1h92.770long leg$18K$240K10x
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.319−0.486%$5K150xas long as short
Paradex CL-USD-PERP+0.0019%8h92.731−0.042%$16K$3675xas long as short
Lighter WTI+0.0032%1h92.777+0.008%$11.2M$10.1M20xas long as short
RISEx CL/USDC+0.0037%1h92.871+0.109%$3.3M$2.7M20xas long as short
StandX CL-USD+0.0040%1h92.330−0.474%$726K$3.0M40xas long as short
Vest CL-PERP+0.0046%1h92.790+0.022%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.777+0.008%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.763−0.008%$2.1M$61K20xas long as short
Aftermath Perps WTIUSD+0.0071%1h92.804+0.037%$2K$28K5xas long as short
KuCoin CLUSDTM+0.0072%4h92.828+0.063%$7.2M$2.3M50xas long as short
edgeX CLUSDC+0.0075%4h92.751−0.021%$533K$299K30xas long as short
Pacifica CL+0.0100%1h92.755−0.016%$331K$616K10xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.760−0.011%$56K$265K50x
Aevo WTIOIL-PERP+0.0104%1h92.728−0.045%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.765−0.005%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.93+9.877%$19K$11K30xas long as short
BloFin CL-USDT+0.0228%4h92.730−0.043%$4.0M$1.2M50xas long as short