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: Polymarket Perps against ApeX Omni−0.208%63s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.562% 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 4 days (all we have)+0.323%+$32 · spread now −0.208%, 7d avg +0.032%
Together, before fees+0.257%+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.240% cheaper against ApeX Omni than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.032%). Swap the legs. 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
LongApeX Omni CLUSDT93.2900.0100pay 0.0013% / 1h2m 14s$54K$266K50x
ShortPolymarket Perps WTIOIL-USD93.0960.0050get 0.0006% / 1h2m 14s$1.6M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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: −0.208% → +0.032%
−$24.02
Slippage, 4 orders
−$38.15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$90.68
Costs to cover
0.562%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 35 min ago; Polymarket Perps: live order book, 1 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 ApeX Omni live order book, 35 min ago8.59 bp20.3 bp −$20172.6 bp −$1,726doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago2.31 bp6.6 bp −$77.7 bp −$7711.6 bp −$1,164doesn'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−0.0287%1h93.070−0.236%$188K$405K15xas long as short
Aster CLUSD1−0.0250%4h93.172−0.126%$24.8M$62.3M20xas long as short
GRVT CL_USDT_Perp−0.0218%4h93.231−0.064%$75K$634K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h93.121−0.182%$273K$928K25xas long as short
Gate CL_USDT−0.0139%8h93.020−0.289%$23.2M$50.8M100xas long as short
Binance CLUSDT−0.0139%4h93.146−0.155%$246.6M$925.9M100xas long as short
Variational Omni CL−0.0130%4h93.192−0.105%$13.6M$10.8Mas long as short
Nado WTI-PERP−0.0108%1h93.143−0.157%$953K$613K10xas long as short
Bitget CLUSDT−0.0098%4h93.133−0.168%$42.2M$41.5M100xas long as short
Aftermath Perps WTIUSD−0.0083%1h93.137−0.164%$1K$26K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0065%4h93.130−0.172%$42.6M$103.3M50xas long as short
edgeX CLUSDC−0.0042%4h93.256−0.036%$525K$324K30xas long as short
QFEX CL-USD−0.0038%1h93.110−0.193%$2.3M$2.4M10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.100−0.204%$403K$806K15xas long as short
tradeXYZ xyz:CL−0.0015%1h93.105−0.198%$184.5M$196.7M20xas long as short
Lighter WTI−0.0008%1h93.126−0.176%$11.2M$9.2M20xas long as short
Ondo Perps WTI-USD.P−0.0002%1h93.080−0.225%$3.6M$5.3M20xas long as short
dYdX WTI-USD0.0000%1h93.133−0.168%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.150−0.150%$27.1M$79.9M150xas long as short
RISEx CL/USDC0.0000%1h93.133−0.169%$3.0M$2.8M20xas long as short
Phoenix WTIOIL0.0000%1h93.140−0.161%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.086−0.219%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.704−0.628%$5K150xas long as short
Paradex CL-USD-PERP+0.0012%8h93.087−0.218%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.120−0.182%$1.7M$14.9M10xas long as short
StandX CL-USD+0.0040%1h93.130−0.172%$734K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.090−0.214%$313K10xas long as short
Polymarket Perps WTIOIL-USDshort+0.0050%1h93.096−0.208%$1.6M$1.3M20x
SoDEX CL-USD+0.0050%1h93.120−0.182%$2.1M$62K20xas long as short
Pacifica CL+0.0100%1h93.105−0.198%$347K$589K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.160−0.139%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDTlong+0.0100%1h93.290long leg$54K$266K50x
Aevo WTIOIL-PERP+0.0104%1h93.080−0.226%$4K10xas long as short
BloFin CL-USDT+0.0171%4h93.100−0.204%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.480%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0261% / S −0.0179%1h93.135−0.166%$90K111xas long as short