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

USO

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0931%/8h= +102.0% APRnext payment +$1.16 per $10,000 · paid last 24h +0.023%
Price spread now: ApeX Omni against Arcus+0.504%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and ApeX Omni is 0.504% dearer against Arcus than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus USO-USD144.94−0.0831get 0.0104% / 1h47m 22s$432K$236K20x
ShortApeX Omni USOUSDT145.670.0100get 0.0013% / 1h47m 22s$65K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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
$195.53
Price spread: +0.504% → 0.000%
$50.37
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$231.4
Costs to cover
0.145%
Break-even
from the start
Slippage unknown: Arcus: live order book, 59 min ago; ApeX Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 59 min ago1.39 bp3.6 bp −$47.5 bp −$7558.6 bp −$5,856doesn't fit
Sell ApeX Omni no order-book sample
ApeX Omni: 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.

USO on 5 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
Arcus USO-USDlong−0.0831%1h144.94long leg$432K$236K20x
MEXC USO_USDT−0.0056%8h144.80−0.097%$709K$106K20xas long as short
OKX USO-USDT-SWAP−0.0055%8h144.67−0.186%$182K$324K20xas long as short
Lighter RH USO+0.0032%1h145.27+0.228%$305K$169K10xas long as short
ApeX Omni USOUSDTshort+0.0100%1h145.67+0.504%$65K$17K50x