Funding you earn now, next payment 00:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h −0.055%
Price spread now: ApeX Omni against GMX+0.060%68s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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. ApeX Omni is 0.060% dearer against GMX than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. The two prices were read 68 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 | GMX WTIOIL/USD [ETH-USDC] | 92.115 | L +0.0205% / S −0.0130% | pay 0.0026% / 1h | 35m 50s | $77K | — | 111x |
| Short | ApeX Omni CLUSDT | 92.170 | 0.0100 | get 0.0013% / 1h | 35m 50s | $56K | $266K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$22.04
- Price spread: +0.060% → 0.000%
- $5.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$38.07
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 41 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 41 min ago | 8.70 bp | 19.9 bp −$20 | 187.5 bp −$1,875 | doesn't fit | doesn't fit |
GMX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0450% | 1h | 92.162 | +0.051% | $274K | $1.2M | 25x | as long as short |
| GRVT CL_USDT_Perp | −0.0314% | 4h | 92.040 | −0.081% | $58K | $702K | 25x | as long as short |
| Aster CLUSD1 | −0.0242% | 4h | 92.136 | +0.022% | $23.9M | $77.5M | 20x | as long as short |
| Binance CLUSDT | −0.0164% | 4h | 92.120 | +0.005% | $245.0M | $1.10B | 100x | as long as short |
| Nado WTI-PERP | −0.0163% | 1h | 92.196 | +0.088% | $924K | $740K | 10x | as long as short |
| Variational Omni CL | −0.0145% | 4h | 92.124 | +0.010% | $13.4M | $12.4M | — | as long as short |
| Lighter WTI | −0.0104% | 1h | 92.115 | 0.000% | $11.2M | $10.9M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.0096% | 1h | 92.130 | +0.016% | $3.5M | $6.4M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0093% | 8h | 92.110 | −0.005% | $15K | $367 | 5x | as long as short |
| tradeXYZ xyz:CL | −0.0074% | 1h | 92.133 | +0.020% | $187.0M | $274.8M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.0054% | 1h | 92.120 | +0.005% | $2.4M | $2.6M | 10x | as long as short |
| Bullet WTIOIL-USD | −0.0036% | 1h | 92.134 | +0.020% | $18K | $241K | 10x | as long as short |
| Gate CL_USDT | −0.0029% | 8h | 92.060 | −0.060% | $21.3M | $57.7M | 100x | as long as short |
| Pacifica CL | −0.0020% | 1h | 92.150 | +0.038% | $333K | $576K | 10x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.196 | +0.088% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.136 | +0.023% | $25.6M | $94.4M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.130 | +0.016% | $43.1M | $112.9M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.249 | +0.146% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.109 | −0.007% | $42.0M | $51.7M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.120 | +0.005% | $37K | $101K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | 0.0000% | 1h | 92.150 | +0.038% | $96K | $189K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | 0.0000% | 1h | 92.030 | −0.092% | $399K | $966K | 15x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.691 | −0.460% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0008% | 1h | 92.170 | +0.060% | $2.0M | $27.4M | 10x | as long as short |
| edgeX CLUSDC | +0.0035% | 4h | 92.111 | −0.005% | $530K | $332K | 30x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.130 | +0.016% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.180 | +0.071% | — | $308K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.132 | +0.018% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.125 | +0.011% | $2.0M | $39K | 20x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.176 | +0.066% | $7.1M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDTshort | +0.0100% | 1h | 92.170 | +0.060% | $56K | $266K | 50x | |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.111 | −0.005% | $4K | — | 10x | as long as short |
| Aftermath Perps WTIUSD | +0.0112% | 1h | 92.162 | +0.051% | $2K | $29K | 5x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]long | L +0.0205% / S −0.0130% | 1h | 92.115 | long leg | $77K | — | 111x | |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.18 | +9.842% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.150 | +0.038% | $4.0M | $1.4M | 50x | as long as short |
GMX WTIOIL/USD [ETH-USDC]
ApeX Omni CLUSDT
Kraken Futures PF_WTIOILUSD
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Lighter WTI
Paradex CL-USD-PERP
tradeXYZ xyz:CL
Bullet WTIOIL-USD
Gate CL_USDT
Pacifica CL
Bybit CLUSDT
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Deribit WTIOIL_USDC-PERPETUAL
Coinbase International WTIOIL-PERP-INTX
gTrade (Gains Network) WTI/USD
Extended WTI-USD
edgeX CLUSDC
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
KuCoin CLUSDTM
Aftermath Perps WTIUSD
Injective WTI/USDC PERP
BloFin CL-USDT