Funding you earn now, next payment 06:00 UTC+0.0222%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.037%
Price spread now: ApeX Omni against Ondo Perps+0.150%52s7-day average +0.044% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.150%, 7d avg +0.044%
=Together, before fees+0.008%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and ApeX Omni is 0.106% dearer against Ondo Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.044%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 93.260 | −0.0122 | get 0.0015% / 1h | 30m 39s | $3.5M | $5.4M | 20x |
| Short | ApeX Omni CLUSDT | 93.400 | 0.0100 | get 0.0013% / 1h | 30m 39s | $54K | $266K | 50x |
Ondo Perps WTI-USD.P
ApeX Omni CLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.7
- Price spread: +0.150% → +0.044%
- $10.59
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $42.3
- Costs to cover
- 0.150%
- Break-even
- 0.7 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 16 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 16 min ago | 8.57 bp | 20.6 bp −$21 | 210.2 bp −$2,102 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0607% | 1h | 93.310 | +0.054% | $197K | $373K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0330% | 4h | 93.298 | +0.040% | $58K | $639K | 25x | as long as short |
| Aster CLUSD1 | −0.0305% | 4h | 93.370 | +0.118% | $24.4M | $65.2M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0204% | 1h | 93.350 | +0.097% | $284K | $962K | 25x | as long as short |
| Binance CLUSDT | −0.0193% | 4h | 93.360 | +0.107% | $246.4M | $930.6M | 100x | as long as short |
| Variational Omni CL | −0.0184% | 4h | 93.331 | +0.076% | $13.3M | $10.8M | — | as long as short |
| Aftermath Perps WTIUSD | −0.0151% | 1h | 93.337 | +0.083% | $2K | $26K | 5x | as long as short |
| Nado WTI-PERP | −0.0134% | 1h | 93.397 | +0.147% | $966K | $619K | 10x | as long as short |
| Bitget CLUSDT | −0.0134% | 4h | 93.353 | +0.100% | $42.1M | $42.8M | 100x | as long as short |
| Ondo Perps WTI-USD.Plong | −0.0122% | 1h | 93.260 | long leg | $3.5M | $5.4M | 20x |
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Aster CLUSD1
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Aftermath Perps WTIUSD
Nado WTI-PERP
Bitget CLUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX CLUSDC | −0.0078% | 4h | 93.321 | +0.065% | $525K | $306K | 30x | as long as short |
| Gate CL_USDT | −0.0075% | 8h | 93.290 | +0.032% | $21.8M | $49.6M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0070% | 1h | 93.357 | +0.104% | $184.5M | $214.4M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.0064% | 4h | 93.360 | +0.107% | $42.6M | $102.5M | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.160 | −0.107% | $403K | $929K | 15x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 93.370 | +0.118% | $2.3M | $2.3M | 10x | as long as short |
| Lighter WTI | 0.0000% | 1h | 93.351 | +0.098% | $11.2M | $9.9M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.410 | +0.161% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.380 | +0.129% | $27.1M | $79.6M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.404 | +0.154% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.380 | +0.129% | $38K | $41K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.344 | +0.091% | $19K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.901 | −0.385% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0002% | 8h | 93.335 | +0.080% | $16K | $367 | 5x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.385 | +0.134% | $2.0M | $17.4M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.290 | +0.032% | $738K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.350 | +0.097% | — | $313K | 10x | as long as short |
| Pacifica CL | +0.0047% | 1h | 93.364 | +0.111% | $332K | $576K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.332 | +0.077% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.345 | +0.091% | $2.1M | $60K | 20x | as long as short |
| KuCoin CLUSDTM | +0.0052% | 4h | 93.366 | +0.114% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDTshort | +0.0100% | 1h | 93.400 | +0.150% | $54K | $266K | 50x | |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.310 | +0.053% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0175% | 4h | 93.350 | +0.097% | $4.0M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.60 | +10.018% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0236% / S −0.0168% | 1h | 93.345 | +0.091% | $84K | — | 111x | as long as short |
edgeX CLUSDC
Gate CL_USDT
tradeXYZ xyz:CL
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
Lighter WTI
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Pacifica CL
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
KuCoin CLUSDTM
Aevo WTIOIL-PERP
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]