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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h +0.014%
Price spread now: ApeX Omni against RISEx−0.045%114s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.044%−$4 on $10k
Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.045%, 7d avg −0.047%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CL/USDC93.0220.0066pay 0.0008% / 1h23m 47s$3.1M$2.9M20x
ShortApeX Omni CLUSDT92.9800.0100get 0.0013% / 1h23m 47s$56K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
$7.14
Price spread: −0.045% → −0.047%
$0.24
Slippage, 4 orders
−$32.11
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.72
Costs to cover
0.481%
Break-even
46.9 days
Slippage from RISEx: live order book, 5 min ago; ApeX Omni: live order book, 38 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 RISEx live order book, 5 min ago0.48 bp3.5 bp −$35.0 bp −$50doesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago8.62 bp20.2 bp −$20210.6 bp −$2,106doesn'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
Deribit WTIOIL_USDC-PERPETUAL−0.0504%1h92.820−0.217%$198K$369K15xas long as short
Aster CLUSD1−0.0253%4h92.920−0.109%$23.9M$68.1M20xas long as short
GRVT CL_USDT_Perp−0.0236%4h92.878−0.154%$61K$625K25xas long as short
Binance CLUSDT−0.0206%4h92.920−0.109%$244.7M$952.6M100xas long as short
Variational Omni CL−0.0202%4h92.856−0.178%$13.6M$11.1Mas long as short
Ondo Perps WTI-USD.P−0.0166%1h92.870−0.163%$3.5M$5.6M20xas long as short
Nado WTI-PERP−0.0154%1h92.866−0.167%$961K$660K10xas long as short
Gate CL_USDT−0.0083%8h92.860−0.174%$20.9M$52.6M100xas long as short
edgeX CLUSDC−0.0079%4h92.903−0.128%$529K$301K30xas long as short
tradeXYZ xyz:CL−0.0066%1h92.927−0.102%$184.7M$217.3M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0059%4h92.910−0.120%$42.9M$102.2M50xas long as short
Aftermath Perps WTIUSD−0.0050%1h92.872−0.161%$2K$27K5xas long as short
Extended WTI-USD−0.0040%1h92.940−0.088%$2.1M$22.6M10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.292%$402K$944K15xas long as short
QFEX CL-USD−0.0032%1h92.780−0.260%$2.5M$1.7M10xas long as short
Lighter WTI0.0000%1h92.924−0.105%$11.2M$10.4M20xas long as short
dYdX WTI-USD0.0000%1h92.937−0.091%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.930−0.098%$26.7M$81.2M150xas long as short
Bitget CLUSDT0.0000%4h92.911−0.119%$42.0M$43.3M100xas long as short
Phoenix WTIOIL0.0000%1h92.910−0.120%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.829−0.207%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.410−0.657%$5K150xas long as short
Paradex CL-USD-PERP+0.0018%8h92.899−0.131%$16K$3675xas long as short
KuCoin CLUSDTM+0.0030%4h92.910−0.120%$7.3M$2.3M50xas long as short
StandX CL-USD+0.0040%1h92.430−0.636%$727K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.850−0.184%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.814−0.223%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.837−0.198%$2.1M$61K20xas long as short
RISEx CL/USDClong+0.0066%1h93.022long leg$3.1M$2.9M20x
Pacifica CL+0.0100%1h92.922−0.107%$331K$619K10xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.980−0.045%$56K$265K50x
Aevo WTIOIL-PERP+0.0104%1h92.813−0.224%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h92.855−0.179%$273K$872K25xas long as short
BloFin CL-USDT+0.0185%4h92.880−0.152%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.845−0.190%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.95+9.603%$19K$11K30xas long as short