CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%

Price spread now: Bullet against ApeX Omni−0.088%54s7-day average +0.004% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.577% of the position

Long on ApeX Omni Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.067%−$7 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.088%, 7d avg +0.004%

Together, before fees+0.065%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bullet is 0.092% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CLUSDT	93.750	0.0100	pay 0.0013% / 1h	25m 33s	$54K	$266K	50x
Short	Bullet WTIOIL-USD	93.667	0	get 0.0000% / 1h	25m 33s	$19K	$239K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BulletbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$21
Price spread: −0.088% → +0.004%: −$9.25
Slippage, 4 orders: −$39.67
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$87.92
Costs to cover: 0.577%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 16 min ago; Bullet: live order book, 18 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 ApeX Omni live order book, 16 min ago	8.55 bp	21.2 bp −$21	185.5 bp −$1,855	doesn't fit	doesn't fit
Sell Bullet live order book, 18 min ago	1.55 bp	7.5 bp −$8	18.7 bp −$187	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	−0.0497%	1h	93.610	−0.149%	$196K	$383K	15x	as long as short
Aster CLUSD1	−0.0273%	4h	93.672	−0.084%	$24.6M	$65.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0262%	4h	93.658	−0.099%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0148%	4h	93.644	−0.113%	$247.1M	$916.6M	100x	as long as short
Aftermath Perps WTIUSD	−0.0141%	1h	93.684	−0.070%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.663	−0.093%	$283K	$960K	25x	as long as short
Variational Omni CL	−0.0136%	4h	93.629	−0.129%	$13.5M	$10.6M	—	as long as short
Ondo Perps WTI-USD.P	−0.0118%	1h	93.600	−0.160%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0109%	8h	93.550	−0.213%	$22.5M	$49.4M	100x	as long as short
Bitget CLUSDT	−0.0102%	4h	93.613	−0.146%	$42.3M	$42.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0076%	1h	93.613	−0.146%	$185.1M	$207.0M	20x	as long as short
Nado WTI-PERP	−0.0055%	1h	93.681	−0.074%	$966K	$620K	10x	as long as short
edgeX CLUSDC	−0.0037%	4h	93.643	−0.114%	$526K	$305K	30x	as long as short
QFEX CL-USD	−0.0023%	1h	93.610	−0.149%	$2.3M	$2.4M	10x	as long as short
OKX CL-USDT-SWAP	−0.0019%	4h	93.620	−0.139%	$42.9M	$101.8M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.267%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.729	−0.022%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.640	−0.117%	$27.0M	$79.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.710	−0.042%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.690	−0.064%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USDshort	0.0000%	1h	93.667	−0.088%	$19K	$239K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.189	−0.598%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	93.618	−0.141%	$11.3M	$9.6M	20x	as long as short
Paradex CL-USD-PERP	+0.0022%	8h	93.596	−0.164%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.660	−0.096%	$2.0M	$15.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	−0.075%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.660	−0.096%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.654	−0.102%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.629	−0.129%	$2.1M	$61K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.614	−0.146%	$333K	$574K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.636	−0.122%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDTlong	+0.0100%	1h	93.750	long leg	$54K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	93.620	−0.139%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.97	+9.838%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0224%	4h	93.640	−0.117%	$4.0M	$977K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0180%	1h	93.695	−0.059%	$84K	—	111x	as long as short