CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: SoDEX against ApeX Omni−0.029%46s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.797% of the position

Long on ApeX Omni Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.013%−$1 on $10k

Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.029%, 7d avg −0.018%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 46 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	ApeX Omni CLUSDT	92.940	0.0100	pay 0.0013% / 1h	49m 25s	$56K	$266K	50x
Short	SoDEX CL-USD	92.913	0.0050	get 0.0006% / 1h	49m 25s	$2.1M	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee SoDEXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$10.5
Price spread: −0.029% → −0.018%: −$1.15
Slippage, 4 orders: −$61.73
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$91.39
Costs to cover: 0.797%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 12 min ago; SoDEX: live order book, 5 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 ApeX Omni live order book, 12 min ago	8.62 bp	21.0 bp −$21	195.1 bp −$1,951	doesn't fit	doesn't fit
Sell SoDEX live order book, 5 min ago	0.54 bp	18.8 bp −$19	96.4 bp −$964	doesn't fit	doesn't fit

CL on 35 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0611%	1h	92.870	−0.075%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0237%	4h	92.895	−0.049%	$24.0M	$70.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.953	+0.013%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0205%	4h	92.878	−0.067%	$244.6M	$958.8M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	−0.014%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0125%	1h	92.820	−0.129%	$3.5M	$5.7M	20x	as long as short
Nado WTI-PERP	−0.0122%	1h	92.942	+0.002%	$962K	$668K	10x	as long as short
Gate CL_USDT	−0.0098%	8h	92.830	−0.118%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0048%	1h	92.901	−0.042%	$184.8M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.204%	$402K	$944K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.870	−0.075%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0018%	1h	92.914	−0.028%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.870	−0.075%	$42.8M	$102.4M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.126%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.998	+0.063%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.906	−0.037%	$26.9M	$81.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.870	−0.075%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.065%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.888	−0.056%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.446	−0.532%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	92.892	−0.052%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.920	−0.022%	$2.1M	$23.3M	10x	as long as short
Paradex CL-USD-PERP	+0.0035%	8h	92.865	−0.081%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.440	−0.538%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	−0.022%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.902	−0.041%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.913	−0.029%	$2.1M	$61K	20x
RISEx CL/USDC	+0.0066%	1h	92.993	+0.058%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0072%	4h	92.882	−0.062%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.886	−0.059%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	92.940	long leg	$56K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.890	−0.054%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.917	−0.025%	$273K	$882K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.905	−0.038%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.906%	$19K	$11K	30x	as long as short