Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.029%
Price spread now: Phoenix against ApeX Omni+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phoenix is 0.067% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CLUSDT | 89.320 | 0.0100 | pay 0.0013% / 1h | 47m 01s | $52K | $266K | 50x |
| Short | Phoenix WTIOIL | 89.380 | 0 | get 0.0000% / 1h | 47m 01s | $32K | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.067% → 0.000%
- $6.72
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$31.28
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 63 min ago; Phoenix: no order-book sample. 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 ApeX Omni live order book, 63 min ago | 8.77 bp | 20.7 bp −$21 | 179.4 bp −$1,794 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0342% | 1h | 89.339 | +0.022% | $319K | $1.8M | 25x | as long as short |
| Aster CLUSD1 | −0.0133% | 4h | 89.380 | +0.067% | $24.3M | $71.7M | 20x | as long as short |
| Bitget CLUSDT | −0.0110% | 4h | 89.313 | −0.008% | $40.6M | $57.0M | 100x | as long as short |
| GRVT CL_USDT_Perp | −0.0106% | 4h | 89.429 | +0.123% | $66K | $632K | 25x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0086% | 1h | 89.320 | 0.000% | $42K | $653K | 15x | as long as short |
| Binance CLUSDT | −0.0085% | 4h | 89.340 | +0.022% | $240.5M | $1.21B | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.0078% | 1h | 89.330 | +0.011% | $3.4M | $6.2M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.0074% | 1h | 89.291 | −0.032% | $167.0M | $244.6M | 20x | as long as short |
| Variational Omni CL | −0.0066% | 4h | 89.342 | +0.025% | $12.6M | $11.3M | — | as long as short |
| Extended WTI-USD | −0.0064% | 1h | 89.350 | +0.034% | $1.3M | $14.5M | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0062% | 1h | 89.464 | +0.162% | $1K | $26K | 5x | as long as short |
| Gate CL_USDT | −0.0059% | 8h | 89.250 | −0.078% | $23.0M | $53.9M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 89.320 | 0.000% | $408K | $1.5M | 15x | as long as short |
| edgeX CLUSDC | −0.0037% | 4h | 89.403 | +0.092% | $494K | $384K | 30x | as long as short |
| QFEX CL-USD | −0.0025% | 1h | 89.350 | +0.034% | $2.2M | $2.8M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0024% | 4h | 89.330 | +0.011% | $39.7M | $132.8M | 50x | as long as short |
| Nado WTI-PERP | −0.0020% | 1h | 89.380 | +0.067% | $871K | $689K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L −0.0001% / S +0.0036% | 1h | 88.906 | −0.464% | $605 | — | 150x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 89.540 | +0.246% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 89.350 | +0.034% | $26.9M | $109.1M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 89.547 | +0.254% | $2.8M | $3.1M | 20x | as long as short |
| Phoenix WTIOILshort | 0.0000% | 1h | 89.380 | +0.067% | $32K | $39K | 20x | |
| Bullet WTIOIL-USD | 0.0000% | 1h | 89.336 | +0.018% | $17K | $237K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.0015% | 8h | 89.398 | +0.088% | $15K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 89.303 | −0.019% | $10.5M | $10.4M | 20x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 89.420 | +0.112% | $690K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 89.360 | +0.045% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 89.354 | +0.038% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 89.322 | +0.002% | $2.0M | $84K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 89.434 | +0.127% | $299K | $737K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 89.326 | +0.007% | $6.9M | $3.0M | 50x | as long as short |
| ApeX Omni CLUSDTlong | +0.0100% | 1h | 89.320 | long leg | $52K | $266K | 50x | |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 89.306 | −0.015% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0165% / S −0.0004% | 1h | 89.325 | +0.006% | $77K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0217% | 4h | 89.470 | +0.168% | $3.9M | $1.1M | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 90.137 | +0.915% | $16K | $5K | 30x | as long as short |
ApeX Omni CLUSDT
Phoenix WTIOIL
Kraken Futures PF_WTIOILUSD
Aster CLUSD1
Bitget CLUSDT
GRVT CL_USDT_Perp
Deribit WTIOIL_USDC-PERPETUAL
Binance CLUSDT
tradeXYZ xyz:CL
Variational Omni CL
Extended WTI-USD
Aftermath Perps WTIUSD
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
OKX CL-USDT-SWAP
gTrade (Gains Network) WTI/USD
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
Paradex CL-USD-PERP
Lighter WTI
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
Injective WTI/USDC PERP