CL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.032%

Price spread now: ApeX Omni against Phoenix−0.065%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.126%+$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.065% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix WTIOIL	91.990	0.0009	pay 0.0001% / 1h	10m 45s	$33K	$99K	20x
Short	ApeX Omni CLUSDT	91.930	0.0100	get 0.0013% / 1h	10m 45s	$55K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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 PhoenixbpFee ApeX OmnibpOrdersPrice spread, now −0.065%Rate

Funding earned: $19.17
Price spread: −0.065% → 0.000%: −$6.52
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$4.35
Costs to cover: 0.170%
Break-even: 8.6 days

Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 11 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 Phoenix no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 11 min ago	0.54 bp	35.9 bp −$36	209.5 bp −$2,095	doesn't fit	doesn't fit

Phoenix: 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 35 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
QFEX CL-USD	−0.0019%	1h	91.900	−0.098%	$2.4M	$2.8M	10x	as long as short
Aster CLUSD1	0.0000%	4h	91.954	−0.040%	$24.5M	$77.2M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.854	−0.148%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.894	−0.105%	$246.1M	$1.14B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.871	−0.129%	$25.1M	$100.0M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.870	−0.130%	$42.9M	$116.5M	50x	as long as short
Gate CL_USDT	0.0000%	8h	91.820	−0.185%	$21.2M	$63.4M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.866	−0.135%	$42.1M	$67.5M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.911	−0.086%	$13.6M	$16.2M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.879	−0.120%	$58K	$774K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet WTIOIL-USD	0.0000%	1h	91.916	−0.080%	$17K	$241K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	91.940	−0.054%	$95K	$260K	15x	as long as short
Aftermath Perps WTIUSD	+0.0002%	1h	91.910	−0.087%	$2K	$31K	5x	as long as short
edgeX CLUSDC	+0.0004%	4h	91.930	−0.065%	$529K	$343K	30x	as long as short
Phoenix WTIOILlong	+0.0009%	1h	91.990	long leg	$33K	$99K	20x
Paradex CL-USD-PERP	+0.0024%	8h	91.887	−0.112%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	91.850	−0.152%	$11.0M	$12.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	91.971	−0.021%	$2.0M	$29.6M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	91.880	−0.120%	$17K	$18K	30x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0040%	1h	91.937	−0.058%	$257K	$1.3M	25x	as long as short
StandX CL-USD	+0.0040%	1h	91.910	−0.087%	$725K	$3.1M	40x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0040%	1h	92.080	+0.098%	$393K	$1.3M	15x	as long as short
Vest CL-PERP	+0.0046%	1h	92.020	+0.033%	—	$243K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	91.885	−0.114%	$182.5M	$296.6M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.910	−0.087%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.890	−0.109%	$2.0M	$39K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	91.890	−0.109%	$3.5M	$6.5M	20x	as long as short
Pacifica CL	+0.0100%	1h	91.882	−0.117%	$334K	$575K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.895	−0.103%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	91.930	−0.065%	$55K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	91.891	−0.108%	$4K	—	10x	as long as short
Nado WTI-PERP	+0.0191%	1h	91.902	−0.096%	$881K	$788K	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0212% / S −0.0127%	1h	91.935	−0.060%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.880	−0.120%	$4.0M	$1.5M	50x	as long as short
RISEx CL/USDC	+0.0266%	1h	92.026	+0.039%	$3.2M	$2.7M	20x	as long as short