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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against SoDEX+0.041%74s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.802% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.041%, 7d avg +0.012%
Together, before fees+0.018%+$2 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 0.029% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CL-USD93.1620.0050pay 0.0006% / 1h36m 15s$2.1M$60K20x
ShortApeX Omni CLUSDT93.2000.0100get 0.0013% / 1h36m 15s$54K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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: +0.041% → +0.012%
$2.88
Slippage, 4 orders
−$62.15
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$66.77
Costs to cover
0.802%
Break-even
51.5 days
Slippage from SoDEX: live order book, 3 min ago; ApeX Omni: live order book, 66 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 SoDEX live order book, 3 min ago0.54 bp19.9 bp −$2084.8 bp −$848doesn't fitdoesn't fit
Sell ApeX Omni live order book, 66 min ago8.55 bp20.3 bp −$20204.4 bp −$2,044doesn'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
Deribit WTIOIL_USDC-PERPETUAL−0.0394%1h93.150−0.013%$195K$394K15xas long as short
Aster CLUSD1−0.0288%4h93.201+0.042%$24.7M$64.5M20xas long as short
GRVT CL_USDT_Perp−0.0272%4h93.210+0.052%$75K$636K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h93.169+0.008%$275K$938K25xas long as short
Binance CLUSDT−0.0161%4h93.167+0.006%$246.8M$921.4M100xas long as short
Variational Omni CL−0.0151%4h93.187+0.027%$13.4M$10.6Mas long as short
Gate CL_USDT−0.0128%8h93.100−0.067%$22.9M$49.1M100xas long as short
Bitget CLUSDT−0.0124%4h93.151−0.012%$42.2M$41.6M100xas long as short
Aftermath Perps WTIUSD−0.0112%1h93.237+0.081%$2K$26K5xas long as short
edgeX CLUSDC−0.0095%4h93.207+0.048%$524K$305K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado WTI-PERP−0.0091%1h93.219+0.061%$955K$623K10xas long as short
OKX CL-USDT-SWAP−0.0069%4h93.140−0.024%$42.7M$102.7M50xas long as short
QFEX CL-USD−0.0038%1h93.170+0.009%$2.3M$2.4M10xas long as short
tradeXYZ xyz:CL−0.0030%1h93.153−0.010%$184.0M$199.5M20xas long as short
Ondo Perps WTI-USD.P−0.0018%1h93.170+0.009%$3.6M$5.3M20xas long as short
Lighter WTI−0.0016%1h93.168+0.006%$11.2M$9.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.406%$405K$810K15xas long as short
Paradex CL-USD-PERP−0.0002%8h93.146−0.017%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.1620.000%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.1620.000%$26.7M$79.1M150xas long as short
RISEx CL/USDC0.0000%1h93.200+0.041%$3.0M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.290+0.137%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.156−0.007%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.701−0.495%$5K150xas long as short
Extended WTI-USD+0.0016%1h93.190+0.030%$1.6M$14.9M10xas long as short
StandX CL-USD+0.0040%1h93.220+0.062%$739K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.170+0.009%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.156−0.006%$1.7M$1.3M20xas long as short
SoDEX CL-USDlong+0.0050%1h93.162long leg$2.1M$60K20x
Pacifica CL+0.0100%1h93.173+0.012%$348K$593K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.205+0.046%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDTshort+0.0100%1h93.200+0.041%$54K$266K50x
Aevo WTIOIL-PERP+0.0104%1h93.132−0.032%$4K10xas long as short
BloFin CL-USDT+0.0173%4h93.180+0.019%$4.0M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.45+9.970%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0255% / S −0.0190%1h93.155−0.008%$83K111xas long as short