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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: ApeX Omni against dYdX−0.042%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.042% cheaper against dYdX than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD92.9090get 0.0000% / 1h52m 04s$8K$3K5x
ShortApeX Omni CLUSDT92.8700.0100get 0.0013% / 1h52m 04s$56K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$21
Price spread: −0.042% → 0.000%
−$4.17
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$3.17
Costs to cover
0.200%
Break-even
8.1 days
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell ApeX Omni live order book, 10 min ago8.62 bp20.2 bp −$20210.6 bp −$2,106doesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0503%1h92.900−0.009%$198K$369K15xas long as short
Aster CLUSD1−0.0240%4h92.946+0.040%$24.0M$70.8M20xas long as short
GRVT CL_USDT_Perp−0.0210%4h92.871−0.041%$61K$633K25xas long as short
Binance CLUSDT−0.0206%4h92.934+0.027%$244.7M$959.4M100xas long as short
Variational Omni CL−0.0203%4h92.860−0.053%$13.5M$11.1Mas long as short
Nado WTI-PERP−0.0114%1h92.926+0.018%$962K$668K10xas long as short
Ondo Perps WTI-USD.P−0.0102%1h92.810−0.106%$3.5M$5.6M20xas long as short
Gate CL_USDT−0.0096%8h92.880−0.031%$20.9M$52.2M100xas long as short
edgeX CLUSDC−0.0077%4h92.864−0.048%$529K$302K30xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.171%$402K$944K15xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0039%1h92.927+0.020%$184.8M$218.5M20xas long as short
QFEX CL-USD−0.0032%1h92.880−0.031%$2.5M$1.7M10xas long as short
Aftermath Perps WTIUSD−0.0014%1h92.895−0.014%$2K$28K5xas long as short
OKX CL-USDT-SWAP−0.0006%4h92.930+0.023%$42.8M$102.4M50xas long as short
dYdX WTI-USDlong0.0000%1h92.909long leg$8K$3K5x
Bybit CLUSDT0.0000%8h92.961+0.056%$26.9M$81.1M150xas long as short
Bitget CLUSDT0.0000%4h92.931+0.024%$41.9M$43.4M100xas long as short
Phoenix WTIOIL0.0000%1h92.880−0.031%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.946+0.041%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.490−0.451%$5K150xas long as short
Lighter WTI+0.0024%1h92.936+0.029%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h92.980+0.077%$2.1M$23.4M10xas long as short
Paradex CL-USD-PERP+0.0036%8h92.881−0.029%$16K$3675xas long as short
StandX CL-USD+0.0040%1h92.340−0.612%$726K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.950+0.044%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.957+0.052%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.927+0.020%$2.1M$61K20xas long as short
RISEx CL/USDC+0.0066%1h93.007+0.106%$3.3M$2.7M20xas long as short
KuCoin CLUSDTM+0.0080%4h92.931+0.024%$7.3M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.888−0.022%$332K$618K10xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.870−0.042%$56K$266K50x
Aevo WTIOIL-PERP+0.0104%1h92.900−0.010%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h92.963+0.058%$274K$882K25xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.935+0.028%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.15+9.943%$19K$11K30xas long as short