Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.029%

Price spread now: ApeX Omni against Paradex−0.006%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CL-USD-PERP	92.946	0.0036	pay 0.0036% / 8h	5h 51m	$16K	$367	5x
Short	ApeX Omni CLUSDT	92.940	0.0100	get 0.0013% / 1h	51m 02s	$56K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now −0.006%Rate

Funding earned: $13.51
Price spread: −0.006% → 0.000%: −$0.64
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$1.12
Costs to cover: 0.140%
Break-even: 7.6 days

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 11 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 11 min ago	8.62 bp	20.2 bp −$20	210.6 bp −$2,106	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0610%	1h	92.920	−0.028%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0240%	4h	92.960	+0.015%	$24.0M	$70.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.849	−0.104%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0205%	4h	92.940	−0.006%	$244.7M	$959.3M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	−0.020%	$13.5M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0119%	1h	93.022	+0.082%	$963K	$668K	10x	as long as short
Gate CL_USDT	−0.0091%	8h	92.900	−0.049%	$20.9M	$52.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0088%	1h	92.910	−0.039%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.211%	$402K	$944K	15x	as long as short
tradeXYZ xyz:CL	−0.0039%	1h	92.956	+0.011%	$184.9M	$218.5M	20x	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	92.940	−0.006%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0017%	1h	92.910	−0.039%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0008%	4h	92.940	−0.006%	$42.8M	$102.6M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.133%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.998	+0.057%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.970	+0.026%	$27.0M	$81.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.936	−0.011%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.071%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.966	+0.021%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.515	−0.464%	$5K	—	150x	as long as short
Lighter WTI	+0.0024%	1h	92.956	+0.011%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.990	+0.047%	$2.1M	$23.4M	10x	as long as short
Paradex CL-USD-PERPlong	+0.0036%	8h	92.946	long leg	$16K	$367	5x
StandX CL-USD	+0.0040%	1h	92.340	−0.652%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.970	+0.026%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.968	+0.024%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.945	−0.001%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.082	+0.147%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0080%	4h	92.969	+0.025%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.973	+0.029%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	92.940	−0.006%	$56K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.929	−0.019%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.972	+0.028%	$274K	$882K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.945	−0.001%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.899%	$19K	$11K	30x	as long as short