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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.07 per $10,000 · paid last 24h −0.022%
Price spread now: StandX against ApeX Omni−0.108%61s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.148%−$15 on $10k
Price spread, last 3 days (all we have)+0.133%+$13 · spread now −0.108%, 7d avg −0.025%
Together, before fees−0.014%+ Points / potential airdropStandX: Active · farm board−$1 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 StandX is 0.083% cheaper against ApeX Omni than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CLUSDT92.2800.0100pay 0.0013% / 1h12m 28s$56K$265K50x
ShortStandX CL-USD92.1800.0040get 0.0005% / 1h12m 28s$721K$3.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$12.6
Price spread: −0.108% → −0.025%
−$8.34
Slippage, 4 orders
−$43.64
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$82.57
Costs to cover
0.616%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 64 min ago; StandX: 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, 64 min ago8.70 bp20.7 bp −$21197.6 bp −$1,976doesn't fitdoesn't fit
Sell StandX live order book, 1 min ago6.51 bp10.5 bp −$1110.8 bp −$108doesn'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
Kraken Futures PF_WTIOILUSD−0.0449%1h92.228−0.057%$273K$1.2M25xas long as short
GRVT CL_USDT_Perp−0.0310%4h92.191−0.096%$58K$702K25xas long as short
Aster CLUSD1−0.0272%4h92.210−0.076%$23.9M$77.6M20xas long as short
Binance CLUSDT−0.0194%4h92.180−0.108%$244.4M$1.09B100xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0184%1h92.210−0.076%$96K$189K15xas long as short
Variational Omni CL−0.0173%4h92.192−0.096%$13.3M$12.7Mas long as short
Nado WTI-PERP−0.0132%1h92.248−0.035%$925K$737K10xas long as short
Lighter WTI−0.0072%1h92.183−0.105%$11.2M$10.9M20xas long as short
QFEX CL-USD−0.0054%1h92.180−0.108%$2.4M$2.2M10xas long as short
Paradex CL-USD-PERP−0.0047%8h92.175−0.114%$15K$3675xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0045%1h92.200−0.087%$186.3M$275.3M20xas long as short
Ondo Perps WTI-USD.P−0.0039%1h92.150−0.141%$3.5M$6.3M20xas long as short
Gate CL_USDT−0.0033%8h92.120−0.173%$21.3M$58.0M100xas long as short
Pacifica CL−0.0020%1h92.187−0.101%$333K$576K10xas long as short
dYdX WTI-USD0.0000%1h92.274−0.006%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.180−0.108%$26.0M$94.4M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.170−0.119%$42.9M$112.5M50xas long as short
RISEx CL/USDC0.0000%1h92.309+0.032%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.175−0.114%$42.0M$51.6M100xas long as short
Phoenix WTIOIL0.0000%1h92.240−0.043%$37K$101K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.190−0.097%$18K$241K10xas long as short
Coinbase International WTIOIL-PERP-INTX0.0000%1h92.030−0.271%$399K$963K15xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.750−0.574%$5K150xas long as short
Extended WTI-USD+0.0032%1h92.240−0.043%$2.0M$26.7M10xas long as short
StandX CL-USDshort+0.0040%1h92.180−0.108%$721K$3.1M40x
Vest CL-PERP+0.0046%1h92.230−0.054%$308K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.184−0.104%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.195−0.092%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0082%4h92.220−0.065%$530K$326K30xas long as short
KuCoin CLUSDTM+0.0100%4h92.195−0.092%$7.3M$2.2M50xas long as short
ApeX Omni CLUSDTlong+0.0100%1h92.280long leg$56K$265K50x
Aevo WTIOIL-PERP+0.0104%1h92.180−0.108%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0205% / S −0.0130%1h92.195−0.092%$77K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.34+9.814%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.200−0.087%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0391%1h92.229−0.056%$2K$29K5xas long as short