Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.013%
Price spread now: RISEx against ApeX Omni−0.060%7-day average +0.048% · 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−$60as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 4 days (all we have)+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.060%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.108% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CLUSDT | 93.030 | 0.0100 | pay 0.0013% / 1h | 10m 57s | $56K | $266K | 50x |
| Short | RISEx CL/USDC | 92.974 | 0 | get 0.0000% / 1h | 10m 57s | $3.1M | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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: −0.060% → +0.048%
- −$10.81
- Slippage, 4 orders
- −$33.42
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$81.23
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 46 min ago; RISEx: live order book, 3 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, 46 min ago | 8.59 bp | 19.3 bp −$19 | 184.3 bp −$1,843 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 0.75 bp | 4.9 bp −$5 | 5.9 bp −$59 | 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 | −0.0611% | 1h | 92.860 | −0.183% | $198K | $370K | 15x | as long as short |
| Aster CLUSD1 | −0.0269% | 4h | 92.910 | −0.129% | $24.0M | $66.7M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0242% | 4h | 93.000 | −0.032% | $64K | $648K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0196% | 1h | 92.905 | −0.134% | $273K | $874K | 25x | as long as short |
| Binance CLUSDT | −0.0187% | 4h | 92.894 | −0.146% | $244.5M | $948.2M | 100x | as long as short |
| Variational Omni CL | −0.0179% | 4h | 92.888 | −0.153% | $13.5M | $10.8M | — | as long as short |
| Bitget CLUSDT | −0.0124% | 4h | 92.875 | −0.167% | $42.0M | $43.7M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0112% | 1h | 92.885 | −0.156% | $187.8M | $217.6M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0104% | 1h | 92.973 | −0.062% | $2K | $26K | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.0090% | 1h | 92.870 | −0.172% | $3.5M | $5.4M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX CLUSDC | −0.0076% | 4h | 93.007 | −0.025% | $530K | $301K | 30x | as long as short |
| OKX CL-USDT-SWAP | −0.0054% | 4h | 92.890 | −0.150% | $42.4M | $102.7M | 50x | as long as short |
| Gate CL_USDT | −0.0048% | 8h | 92.830 | −0.215% | $20.8M | $52.2M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0048% | 1h | 92.750 | −0.301% | $402K | $944K | 15x | as long as short |
| QFEX CL-USD | −0.0043% | 1h | 92.900 | −0.140% | $2.3M | $1.8M | 10x | as long as short |
| Nado WTI-PERP | −0.0028% | 1h | 92.964 | −0.071% | $963K | $649K | 10x | as long as short |
| KuCoin CLUSDTM | −0.0026% | 4h | 92.903 | −0.137% | $7.1M | $2.4M | 50x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.893 | −0.147% | $11.2M | $10.6M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.937 | −0.100% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.883 | −0.158% | $26.7M | $80.4M | 150x | as long as short |
| RISEx CL/USDCshort | 0.0000% | 1h | 92.974 | −0.060% | $3.1M | $2.9M | 20x | |
| Phoenix WTIOIL | 0.0000% | 1h | 92.950 | −0.086% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.915 | −0.123% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.463 | −0.609% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0009% | 8h | 92.887 | −0.154% | $16K | $367 | 5x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.940 | −0.097% | $2.0M | $20.3M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.890 | −0.150% | $734K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.920 | −0.118% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.906 | −0.133% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.894 | −0.146% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0068% | 1h | 92.898 | −0.142% | $330K | $622K | 10x | as long as short |
| ApeX Omni CLUSDTlong | +0.0100% | 1h | 93.030 | long leg | $56K | $266K | 50x | |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.871 | −0.171% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0186% | 4h | 92.930 | −0.107% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0216% / S −0.0143% | 1h | 92.895 | −0.145% | $81K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.25 | +9.912% | $19K | $11K | 30x | as long as short |
ApeX Omni CLUSDT
RISEx CL/USDC
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Bitget CLUSDT
tradeXYZ xyz:CL
Aftermath Perps WTIUSD
edgeX CLUSDC
OKX CL-USDT-SWAP
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
KuCoin CLUSDTM
Lighter WTI
Bybit CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP