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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.021%
Price spread now: ApeX Omni against StandX+0.101%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$600.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.101%, 7d avg +0.034%
Together, before fees+0.008%+ Points / potential airdropStandX: Active · farm board+$1 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 0.067% dearer against StandX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX CL-USD89.5100.0040pay 0.0005% / 1h55m 11s$691K$2.8M40x
ShortApeX Omni CLUSDT89.6000.0100get 0.0013% / 1h55m 11s$52K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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
$12.6
Price spread: +0.101% → +0.034%
$6.69
Slippage, 4 orders
−$41.58
Fee StandX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.29
Costs to cover
0.596%
Break-even
29.4 days
Slippage from StandX: live order book, 2 min ago; ApeX Omni: live order book, 55 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 StandX live order book, 2 min ago3.35 bp7.4 bp −$710.2 bp −$102doesn't fitdoesn't fit
Sell ApeX Omni live order book, 55 min ago8.77 bp20.9 bp −$21208.5 bp −$2,085doesn't fitdoesn't fit

CL on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0342%1h89.375−0.150%$318K$1.8M25xas long as short
Aster CLUSD1−0.0148%4h89.455−0.061%$24.4M$70.9M20xas long as short
Ondo Perps WTI-USD.P−0.0129%1h89.270−0.268%$3.4M$6.1M20xas long as short
Bitget CLUSDT−0.0120%4h89.387−0.137%$40.6M$55.9M100xas long as short
tradeXYZ xyz:CL−0.0119%1h89.335−0.196%$169.8M$245.7M20xas long as short
GRVT CL_USDT_Perp−0.0108%4h89.526+0.018%$73K$632K25xas long as short
Binance CLUSDT−0.0102%4h89.411−0.110%$238.8M$1.20B100xas long as short
Extended WTI-USD−0.0088%1h89.410−0.112%$1.2M$14.7M10xas long as short
edgeX CLUSDC−0.0080%4h89.515+0.006%$495K$383K30xas long as short
Variational Omni CL−0.0080%4h89.432−0.087%$12.6M$11.3Mas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0071%8h89.310−0.223%$22.8M$53.1M100xas long as short
Aftermath Perps WTIUSD−0.0048%1h89.779+0.301%$1K$27K5xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h89.640+0.145%$409K$1.5M15xas long as short
Nado WTI-PERP−0.0039%1h89.380−0.145%$869K$682K10xas long as short
OKX CL-USDT-SWAP−0.0034%4h89.420−0.101%$39.9M$129.9M50xas long as short
Lighter WTI−0.0032%1h89.413−0.108%$10.6M$10.1M20xas long as short
QFEX CL-USD−0.0025%1h89.310−0.223%$2.2M$2.8M10xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.147−0.406%$606150xas long as short
dYdX WTI-USD0.0000%1h89.333−0.198%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h89.414−0.107%$26.8M$108.3M150xas long as short
RISEx CL/USDC0.0000%1h89.532+0.024%$2.8M$3.1M20xas long as short
Bullet WTIOIL-USD0.0000%1h89.354−0.174%$17K$238K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h89.420−0.101%$69K$628K15xas long as short
Paradex CL-USD-PERP+0.0010%8h89.305−0.229%$15K$3675xas long as short
StandX CL-USDlong+0.0040%1h89.510long leg$691K$2.8M40x
Vest CL-PERP+0.0046%1h89.370−0.156%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h89.309−0.225%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h89.428−0.092%$2.0M$82K20xas long as short
Phoenix WTIOIL+0.0053%1h89.500−0.011%$32K$39K20xas long as short
Pacifica CL+0.0100%1h89.351−0.178%$299K$729K10xas long as short
KuCoin CLUSDTM+0.0100%4h89.420−0.101%$6.9M$3.0M50xas long as short
ApeX Omni CLUSDTshort+0.0100%1h89.600+0.101%$52K$266K50x
Aevo WTIOIL-PERP+0.0104%1h89.380−0.146%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S +0.0055%1h89.405−0.117%$73K111xas long as short
BloFin CL-USDT+0.0210%4h89.380−0.145%$3.9M$1.1M50xas long as short
Injective WTI/USDC PERP+0.0220%1h90.137+0.700%$16K$5K30xas long as short