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 − costs—prices read too far apart to compare
costs, in and out, $10k−$510.514% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WTIOIL-USD | 92.474 | 0.0050 | pay 0.0006% / 1h | 35m 54s | $1.6M | $1.4M | 20x |
| Short | ApeX Omni CLUSDT | 92.470 | 0.0100 | get 0.0013% / 1h | 35m 54s | $56K | $265K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 3 min ago | 2.33 bp | 6.4 bp −$6 | 8.1 bp −$81 | 12.0 bp −$1,204 | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 8.68 bp | 19.2 bp −$19 | 205.8 bp −$2,058 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CL_USDT_Perp | −0.0364% | 4h | 92.380 | −0.102% | $58K | $693K | 25x | as long as short |
| Aster CLUSD1 | −0.0324% | 4h | 92.486 | +0.013% | $24.0M | $81.1M | 20x | as long as short |
| Binance CLUSDT | −0.0262% | 4h | 92.480 | +0.006% | $245.1M | $1.08B | 100x | as long as short |
| Variational Omni CL | −0.0254% | 4h | 92.451 | −0.025% | $13.2M | $12.2M | — | as long as short |
| Gate CL_USDT | −0.0217% | 8h | 92.410 | −0.069% | $21.3M | $54.8M | 100x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0120% | 1h | 92.495 | +0.023% | $274K | $1.1M | 25x | as long as short |
| Nado WTI-PERP | −0.0091% | 1h | 92.518 | +0.047% | $932K | $732K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0074% | 1h | 92.480 | +0.006% | $96K | $189K | 15x | as long as short |
| Ondo Perps WTI-USD.P | −0.0051% | 1h | 92.450 | −0.026% | $3.5M | $6.2M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.030 | −0.480% | $399K | $960K | 15x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.0040% | 1h | 92.450 | −0.026% | $2.4M | $2.1M | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0026% | 1h | 92.486 | +0.013% | $186.6M | $256.5M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0018% | 8h | 92.464 | −0.010% | $15K | $367 | 5x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.480 | +0.006% | $11.2M | $10.1M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.483 | +0.010% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.491 | +0.018% | $26.1M | $92.7M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.440 | −0.037% | $42.9M | $111.0M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.599 | +0.135% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.482 | +0.009% | $42.1M | $50.9M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.530 | +0.061% | $37K | $66K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.465 | −0.010% | $19K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.025 | −0.486% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.510 | +0.039% | $2.3M | $27.3M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.420 | −0.058% | $723K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.500 | +0.028% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDlong | +0.0050% | 1h | 92.474 | long leg | $1.6M | $1.4M | 20x | |
| SoDEX CL-USD | +0.0050% | 1h | 92.470 | −0.004% | $2.0M | $39K | 20x | as long as short |
| edgeX CLUSDC | +0.0096% | 4h | 92.401 | −0.079% | $531K | $299K | 30x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.477 | +0.004% | $354K | $596K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.496 | +0.024% | $7.2M | $2.3M | 50x | as long as short |
| ApeX Omni CLUSDTshort | +0.0100% | 1h | 92.470 | −0.004% | $56K | $265K | 50x | |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.435 | −0.042% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0206% / S −0.0131% | 1h | 92.465 | −0.010% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.56 | +9.821% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.400 | −0.080% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0305% | 1h | 92.413 | −0.066% | $2K | $28K | 5x | as long as short |
Polymarket Perps WTIOIL-USD
ApeX Omni CLUSDT
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
Kraken Futures PF_WTIOILUSD
Deribit WTIOIL_USDC-PERPETUAL
Coinbase International WTIOIL-PERP-INTX
tradeXYZ xyz:CL
Paradex CL-USD-PERP
Lighter WTI
Bybit CLUSDT
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Extended WTI-USD
StandX CL-USD
SoDEX CL-USD
edgeX CLUSDC
Pacifica CL
KuCoin CLUSDTM
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP
BloFin CL-USDT
Aftermath Perps WTIUSD