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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Polymarket Perps−0.004%63s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 3 days (all we have)−0.067%−$7 · spread now −0.004%, 7d avg −0.029%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.024% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps WTIOIL-USD92.4740.0050pay 0.0006% / 1h35m 54s$1.6M$1.4M20x
ShortApeX Omni CLUSDT92.4700.0100get 0.0013% / 1h35m 54s$56K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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
$10.5
Price spread: −0.004% → −0.029%
$2.44
Slippage, 4 orders
−$33.4
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$38.46
Costs to cover
0.514%
Break-even
32.6 days
Slippage from Polymarket Perps: live order book, 3 min ago; ApeX Omni: live order book, 36 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 Polymarket Perps live order book, 3 min ago2.33 bp6.4 bp −$68.1 bp −$8112.0 bp −$1,204doesn't fit
Sell ApeX Omni live order book, 36 min ago8.68 bp19.2 bp −$19205.8 bp −$2,058doesn'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
GRVT CL_USDT_Perp−0.0364%4h92.380−0.102%$58K$693K25xas long as short
Aster CLUSD1−0.0324%4h92.486+0.013%$24.0M$81.1M20xas long as short
Binance CLUSDT−0.0262%4h92.480+0.006%$245.1M$1.08B100xas long as short
Variational Omni CL−0.0254%4h92.451−0.025%$13.2M$12.2Mas long as short
Gate CL_USDT−0.0217%8h92.410−0.069%$21.3M$54.8M100xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.495+0.023%$274K$1.1M25xas long as short
Nado WTI-PERP−0.0091%1h92.518+0.047%$932K$732K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0074%1h92.480+0.006%$96K$189K15xas long as short
Ondo Perps WTI-USD.P−0.0051%1h92.450−0.026%$3.5M$6.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.480%$399K$960K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0040%1h92.450−0.026%$2.4M$2.1M10xas long as short
tradeXYZ xyz:CL−0.0026%1h92.486+0.013%$186.6M$256.5M20xas long as short
Paradex CL-USD-PERP−0.0018%8h92.464−0.010%$15K$3675xas long as short
Lighter WTI0.0000%1h92.480+0.006%$11.2M$10.1M20xas long as short
dYdX WTI-USD0.0000%1h92.483+0.010%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.491+0.018%$26.1M$92.7M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.440−0.037%$42.9M$111.0M50xas long as short
RISEx CL/USDC0.0000%1h92.599+0.135%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.482+0.009%$42.1M$50.9M100xas long as short
Phoenix WTIOIL0.0000%1h92.530+0.061%$37K$66K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.465−0.010%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.025−0.486%$5K150xas long as short
Extended WTI-USD+0.0032%1h92.510+0.039%$2.3M$27.3M10xas long as short
StandX CL-USD+0.0040%1h92.420−0.058%$723K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.500+0.028%$310K10xas long as short
Polymarket Perps WTIOIL-USDlong+0.0050%1h92.474long leg$1.6M$1.4M20x
SoDEX CL-USD+0.0050%1h92.470−0.004%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0096%4h92.401−0.079%$531K$299K30xas long as short
Pacifica CL+0.0100%1h92.477+0.004%$354K$596K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.496+0.024%$7.2M$2.3M50xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.470−0.004%$56K$265K50x
Aevo WTIOIL-PERP+0.0104%1h92.435−0.042%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0206% / S −0.0131%1h92.465−0.010%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.56+9.821%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.400−0.080%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0305%1h92.413−0.066%$2K$28K5xas long as short