CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%

Price spread now: ApeX Omni against Bullet+0.070%7-day average −0.002% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$520.520% of the position

Long on Bullet Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.070%, 7d avg −0.002%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.072% dearer against Bullet than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet WTIOIL-USD	92.775	0	get 0.0000% / 1h	34m 52s	$18K	$240K	10x
Short	ApeX Omni CLUSDT	92.840	0.0100	get 0.0013% / 1h	34m 52s	$56K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bullet. 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 BulletbpFee ApeX OmnibpOrdersPrice spread, now +0.070%Rate

Funding earned: $21
Price spread: +0.070% → −0.002%: $7.18
Slippage, 4 orders: −$34.03
Fee Bullet: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23.85
Costs to cover: 0.520%
Break-even: 15.0 days

Slippage from Bullet: live order book, 34 min ago; ApeX Omni: live order book, 32 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 Bullet live order book, 34 min ago	0.54 bp	6.3 bp −$6	17.2 bp −$172	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 32 min ago	8.63 bp	19.9 bp −$20	193.7 bp −$1,937	doesn't fit	doesn't fit

CL on 36 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	−0.0612%	1h	92.700	−0.081%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0329%	4h	92.760	−0.016%	$23.9M	$74.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0296%	4h	92.686	−0.096%	$50K	$633K	25x	as long as short
Binance CLUSDT	−0.0272%	4h	92.724	−0.055%	$244.2M	$990.2M	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.761	−0.016%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0153%	8h	92.670	−0.113%	$20.9M	$53.1M	100x	as long as short
tradeXYZ xyz:CL	−0.0069%	1h	92.721	−0.058%	$184.9M	$221.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0065%	1h	92.730	−0.049%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.803%	$399K	$938K	15x	as long as short
Nado WTI-PERP	−0.0039%	1h	92.810	+0.038%	$936K	$676K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.783	+0.009%	$275K	$870K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.740	−0.038%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.720	−0.059%	$42.7M	$105.9M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.754	−0.023%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.736	−0.042%	$26.3M	$82.8M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.720	−0.059%	$41.9M	$45.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.820	+0.048%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USDlong	0.0000%	1h	92.775	long leg	$18K	$240K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.309	−0.502%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0018%	4h	92.721	−0.058%	$533K	$297K	30x	as long as short
Paradex CL-USD-PERP	+0.0024%	8h	92.755	−0.021%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0024%	1h	92.760	−0.016%	$2.1M	$25.0M	10x	as long as short
Lighter WTI	+0.0032%	1h	92.737	−0.041%	$11.2M	$10.2M	20x	as long as short
Aftermath Perps WTIUSD	+0.0034%	1h	92.757	−0.019%	$2K	$28K	5x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.887	+0.120%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.350	−0.458%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.800	+0.027%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.775	0.000%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.725	−0.054%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0068%	4h	92.788	+0.014%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.763	−0.013%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	92.840	+0.070%	$56K	$265K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.717	−0.063%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.755	−0.022%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.763%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0228%	4h	92.730	−0.049%	$4.0M	$1.2M	50x	as long as short