CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%

Price spread now: ApeX Omni against Lighter+0.133%48s7-day average +0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as 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−$430.426% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.859%−$86 on $10k

Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.133%, 7d avg +0.141%

Together, before fees−0.993%+ Points / potential airdropLighter: Season 3 · farm board−$99 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.141%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.859%, so the current rate has only just turned in your favour. The two prices were read 48 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	Lighter WTI	92.737	0.0032	pay 0.0004% / 1h	32m 47s	$11.3M	$8.8M	20x
Short	ApeX Omni CLUSDT	92.860	0.0100	get 0.0013% / 1h	32m 47s	$54K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now +0.133%Rate

Funding earned: $14.28
Price spread: +0.133% → +0.141%: −$0.81
Slippage, 4 orders: −$32.57
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$29.1
Costs to cover: 0.426%
Break-even: 21.3 days

Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 64 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 Lighter live order book, 6 min ago	0.05 bp	1.5 bp −$1	2.2 bp −$22	12.5 bp −$1,246	46.2 bp −$23.1K
Sell ApeX Omni live order book, 64 min ago	8.59 bp	20.7 bp −$21	195.6 bp −$1,956	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	−0.0396%	1h	92.780	+0.046%	$187K	$410K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0314%	1h	92.804	+0.072%	$271K	$934K	25x	as long as short
Aster CLUSD1	−0.0228%	4h	92.760	+0.025%	$24.8M	$60.6M	20x	as long as short
Gate CL_USDT	−0.0157%	8h	92.690	−0.051%	$23.4M	$49.6M	100x	as long as short
Binance CLUSDT	−0.0126%	4h	92.740	+0.003%	$245.5M	$930.4M	100x	as long as short
Variational Omni CL	−0.0113%	4h	92.780	+0.046%	$13.5M	$10.7M	—	as long as short
Nado WTI-PERP	−0.0099%	1h	92.853	+0.125%	$950K	$600K	10x	as long as short
GRVT CL_USDT_Perp	−0.0094%	4h	92.734	−0.003%	$75K	$624K	25x	as long as short
Bitget CLUSDT	−0.0078%	4h	92.733	−0.004%	$42.2M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0072%	1h	92.810	+0.078%	$2K	$26K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0063%	4h	92.758	+0.023%	$541K	$342K	30x	as long as short
OKX CL-USDT-SWAP	−0.0050%	4h	92.720	−0.018%	$42.5M	$102.6M	50x	as long as short
QFEX CL-USD	−0.0026%	1h	92.770	+0.036%	$2.3M	$2.4M	10x	as long as short
tradeXYZ xyz:CL	−0.0017%	1h	92.761	+0.026%	$184.1M	$192.2M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.833	+0.104%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.763	+0.028%	$27.4M	$81.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.824	+0.094%	$3.0M	$2.8M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.818	+0.087%	$19K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.335	−0.433%	$5K	—	150x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.850	+0.122%	$37K	$39K	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	92.799	+0.067%	$16K	$367	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	92.610	−0.137%	$412K	$831K	15x	as long as short
Lighter WTIlong	+0.0032%	1h	92.737	long leg	$11.3M	$8.8M	20x
Extended WTI-USD	+0.0032%	1h	92.790	+0.057%	$1.7M	$14.3M	10x	as long as short
Ondo Perps WTI-USD.P	+0.0034%	1h	92.750	+0.014%	$3.6M	$5.2M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.750	+0.014%	$730K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.790	+0.057%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.825	+0.095%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.795	+0.063%	$2.1M	$69K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.800	+0.068%	$346K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.778	+0.044%	$7.1M	$2.5M	50x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	92.860	+0.133%	$54K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.786	+0.053%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0166% / S −0.0007%	1h	92.805	+0.073%	$80K	—	111x	as long as short
BloFin CL-USDT	+0.0189%	4h	92.780	+0.046%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+10.133%	$19K	$5K	30x	as long as short