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

CL

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]92.115L +0.0205% / S −0.0130%pay 0.0026% / 1h35m 50s$77K111x
ShortApeX Omni CLUSDT92.1700.0100get 0.0013% / 1h35m 50s$56K$266K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell ApeX Omni live order book, 41 min ago8.70 bp19.9 bp −$20187.5 bp −$1,875doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0450%1h92.162+0.051%$274K$1.2M25xas long as short
GRVT CL_USDT_Perp−0.0314%4h92.040−0.081%$58K$702K25xas long as short
Aster CLUSD1−0.0242%4h92.136+0.022%$23.9M$77.5M20xas long as short
Binance CLUSDT−0.0164%4h92.120+0.005%$245.0M$1.10B100xas long as short
Nado WTI-PERP−0.0163%1h92.196+0.088%$924K$740K10xas long as short
Variational Omni CL−0.0145%4h92.124+0.010%$13.4M$12.4Mas long as short
Lighter WTI−0.0104%1h92.1150.000%$11.2M$10.9M20xas long as short
Ondo Perps WTI-USD.P−0.0096%1h92.130+0.016%$3.5M$6.4M20xas long as short
Paradex CL-USD-PERP−0.0093%8h92.110−0.005%$15K$3675xas long as short
tradeXYZ xyz:CL−0.0074%1h92.133+0.020%$187.0M$274.8M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0054%1h92.120+0.005%$2.4M$2.6M10xas long as short
Bullet WTIOIL-USD−0.0036%1h92.134+0.020%$18K$241K10xas long as short
Gate CL_USDT−0.0029%8h92.060−0.060%$21.3M$57.7M100xas long as short
Pacifica CL−0.0020%1h92.150+0.038%$333K$576K10xas long as short
dYdX WTI-USD0.0000%1h92.196+0.088%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.136+0.023%$25.6M$94.4M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.130+0.016%$43.1M$112.9M50xas long as short
RISEx CL/USDC0.0000%1h92.249+0.146%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.109−0.007%$42.0M$51.7M100xas long as short
Phoenix WTIOIL0.0000%1h92.120+0.005%$37K$101K20xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h92.150+0.038%$96K$189K15xas long as short
Coinbase International WTIOIL-PERP-INTX0.0000%1h92.030−0.092%$399K$966K15xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.691−0.460%$5K150xas long as short
Extended WTI-USD+0.0008%1h92.170+0.060%$2.0M$27.4M10xas long as short
edgeX CLUSDC+0.0035%4h92.111−0.005%$530K$332K30xas long as short
StandX CL-USD+0.0040%1h92.130+0.016%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.180+0.071%$308K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.132+0.018%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.125+0.011%$2.0M$39K20xas long as short
KuCoin CLUSDTM+0.0100%4h92.176+0.066%$7.1M$2.1M50xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.170+0.060%$56K$266K50x
Aevo WTIOIL-PERP+0.0104%1h92.111−0.005%$4K10xas long as short
Aftermath Perps WTIUSD+0.0112%1h92.162+0.051%$2K$29K5xas long as short
GMX WTIOIL/USD [ETH-USDC]longL +0.0205% / S −0.0130%1h92.115long leg$77K111x
Injective WTI/USDC PERP+0.0220%1h101.18+9.842%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.150+0.038%$4.0M$1.4M50xas long as short