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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.031%
Price spread now: ApeX Omni against gTrade (Gains Network)+0.388%53s7-day average +0.360% · you sell dearer than you buy
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−$3093.086% of the position
What this pair did over the last
the charts below follow
Funding, last 1 day (all we have)+0.031%+$3 on $10k
Price spread, last 3 days (all we have)+0.054%+$5 · spread now +0.388%, 7d avg +0.360%
Together, before fees+0.085%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.028% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.360%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WTI/USD91.654L 0.0000% / S +0.0036%pay 0.0000% / 1h3m 35s$4K150x
ShortApeX Omni CLUSDT92.0100.0100get 0.0013% / 1h3m 35s$55K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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
$20.98
Price spread: +0.388% → +0.360%
$2.82
Slippage, 4 orders
−$290.64
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$284.84
Costs to cover
3.086%
Break-even
102.1 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 45 min ago; ApeX Omni: live order book, 13 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 gTrade (Gains Network) virtual book (oracle venue), 45 min ago130.01 bp134.0 bp −$134499.7 bp −$4,9974168.8 bp −$416.9K17636.6 bp −$8.82M
Sell ApeX Omni live order book, 13 min ago8.70 bp19.9 bp −$20187.5 bp −$1,875doesn'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−0.0293%1h92.080+0.465%$96K$189K15xas long as short
Lighter WTI−0.0264%1h92.105+0.492%$11.2M$11.5M20xas long as short
GRVT CL_USDT_Perp−0.0228%4h92.010+0.388%$58K$715K25xas long as short
Aster CLUSD1−0.0161%4h92.127+0.516%$24.0M$77.6M20xas long as short
Nado WTI-PERP−0.0160%1h92.161+0.553%$924K$746K10xas long as short
Ondo Perps WTI-USD.P−0.0150%1h92.070+0.454%$3.5M$6.4M20xas long as short
tradeXYZ xyz:CL−0.0129%1h92.130+0.519%$185.7M$278.2M20xas long as short
Paradex CL-USD-PERP−0.0097%8h92.086+0.471%$15K$3675xas long as short
Bullet WTIOIL-USD−0.0096%1h92.108+0.495%$18K$241K10xas long as short
Aftermath Perps WTIUSD−0.0073%1h92.041+0.422%$2K$29K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CLUSDT−0.0067%4h92.110+0.498%$244.9M$1.11B100xas long as short
Variational Omni CL−0.0035%4h92.003+0.380%$13.4M$13.3Mas long as short
Gate CL_USDT−0.0011%8h92.050+0.432%$21.3M$59.7M100xas long as short
dYdX WTI-USD0.0000%1h92.108+0.495%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.143+0.534%$25.5M$95.5M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.100+0.487%$43.2M$113.3M50xas long as short
QFEX CL-USD0.0000%1h92.090+0.476%$2.4M$2.6M10xas long as short
Bitget CLUSDT0.0000%4h92.095+0.481%$42.1M$52.1M100xas long as short
gTrade (Gains Network) WTI/USDlongL 0.0000% / S +0.0036%1h91.654long leg$4K150x
Phoenix WTIOIL+0.0009%1h92.140+0.530%$37K$99K20xas long as short
Polymarket Perps WTIOIL-USD+0.0015%1h92.120+0.508%$1.6M$1.4M20xas long as short
Extended WTI-USD+0.0032%1h92.180+0.574%$2.0M$28.8M10xas long as short
edgeX CLUSDC+0.0036%4h92.048+0.430%$529K$335K30xas long as short
StandX CL-USD+0.0040%1h92.050+0.432%$724K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.170+0.563%$308K10xas long as short
SoDEX CL-USD+0.0050%1h92.067+0.451%$2.0M$39K20xas long as short
Pacifica CL+0.0100%1h92.103+0.490%$332K$578K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.101+0.488%$7.2M$2.0M50xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.010+0.388%$55K$266K50x
Aevo WTIOIL-PERP+0.0104%1h92.038+0.420%$4K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0112%1h92.030+0.410%$399K$1.0M15xas long as short
Injective WTI/USDC PERP+0.0172%1h101.16+10.371%$19K$18K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0203% / S −0.0127%1h92.065+0.448%$76K111xas long as short
BloFin CL-USDT+0.0240%4h92.000+0.378%$4.0M$1.4M50xas long as short
Kraken Futures PF_WTIOILUSD+0.0450%1h92.079+0.464%$275K$1.2M25xas long as short
RISEx CL/USDC+0.0977%1h92.235+0.634%$3.3M$2.7M20xas long as short