CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%

Price spread now: ApeX Omni against Lighter+0.039%7-day average +0.150% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.858%−$86 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.039%, 7d avg +0.150%

Together, before fees−0.914%+ Points / potential airdropLighter: Season 3 · farm board−$91 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.111% cheaper against Lighter than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.150%). If the spread goes back, that is −$11 on $10k: about 5.5 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.858%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WTI	93.254	0.0032	pay 0.0004% / 1h	41m 19s	$11.2M	$10.3M	20x
Short	ApeX Omni CLUSDT	93.290	0.0100	get 0.0013% / 1h	41m 19s	$56K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now +0.039%Rate

Funding earned: $14.28
Price spread: +0.039% → +0.150%: −$11.12
Slippage, 4 orders: −$32.78
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$39.62
Costs to cover: 0.428%
Break-even: 26.4 days

Slippage from Lighter: live order book, 7 min ago; ApeX Omni: live order book, 11 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 Lighter live order book, 7 min ago	0.54 bp	0.5 bp −$1	0.6 bp −$6	8.5 bp −$846	32.2 bp −$16.1K
Sell ApeX Omni live order book, 11 min ago	8.60 bp	21.8 bp −$22	202.2 bp −$2,022	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	−0.0608%	1h	93.210	−0.047%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	93.310	+0.060%	$24.1M	$66.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0226%	4h	93.196	−0.063%	$54K	$645K	25x	as long as short
Binance CLUSDT	−0.0173%	4h	93.288	+0.037%	$245.5M	$940.7M	100x	as long as short
Variational Omni CL	−0.0160%	4h	93.169	−0.091%	$13.4M	$10.8M	—	as long as short
Nado WTI-PERP	−0.0130%	1h	93.321	+0.072%	$965K	$636K	10x	as long as short
Bitget CLUSDT	−0.0122%	4h	93.277	+0.025%	$42.0M	$43.3M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0118%	1h	93.230	−0.026%	$3.5M	$5.3M	20x	as long as short
Aftermath Perps WTIUSD	−0.0112%	1h	93.222	−0.034%	$2K	$27K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.238	−0.018%	$277K	$960K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0052%	8h	93.240	−0.015%	$21.1M	$51.0M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.069%	$401K	$927K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.260	+0.006%	$2.3M	$1.8M	10x	as long as short
OKX CL-USDT-SWAP	−0.0031%	4h	93.290	+0.039%	$42.7M	$103.0M	50x	as long as short
edgeX CLUSDC	−0.0017%	4h	93.238	−0.017%	$524K	$305K	30x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.300	+0.049%	$37K	$41K	20x	as long as short
KuCoin CLUSDTM	−0.0008%	4h	93.302	+0.051%	$7.1M	$2.4M	50x	as long as short
tradeXYZ xyz:CL	−0.0004%	1h	93.299	+0.048%	$184.8M	$219.0M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.272	+0.020%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.310	+0.060%	$27.0M	$80.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.356	+0.109%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.293	+0.042%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.848	−0.435%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	93.268	+0.015%	$16K	$367	5x	as long as short
Lighter WTIlong	+0.0032%	1h	93.254	long leg	$11.2M	$10.3M	20x
Extended WTI-USD	+0.0032%	1h	93.330	+0.081%	$2.0M	$19.4M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.180	−0.079%	$737K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.280	+0.028%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.286	+0.034%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.245	−0.010%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.276	+0.024%	$331K	$597K	10x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	93.290	+0.039%	$56K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	93.209	−0.048%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0207%	4h	93.220	−0.036%	$4.0M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0220% / S −0.0148%	1h	93.285	+0.033%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.557%	$19K	$11K	30x	as long as short