CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: ApeX Omni against Phoenix+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.043% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix WTIOIL	93.640	0	get 0.0000% / 1h	42m 15s	$37K	$39K	20x
Short	ApeX Omni CLUSDT	93.680	0.0100	get 0.0013% / 1h	42m 15s	$54K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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

Position, each leg$Hold fordaysFee PhoenixbpFee ApeX OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: $21
Price spread: +0.043% → 0.000%: $4.27
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $8.27
Costs to cover: 0.170%
Break-even: 4.2 days

Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 65 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 Phoenix no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 65 min ago	8.57 bp	20.6 bp −$21	210.2 bp −$2,102	doesn't fit	doesn't fit

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 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	−0.0498%	1h	93.570	−0.075%	$196K	$381K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.632	−0.008%	$24.5M	$65.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.633	−0.008%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0145%	4h	93.590	−0.053%	$246.2M	$925.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0139%	1h	93.649	+0.009%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.617	−0.024%	$286K	$956K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.599	−0.044%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0100%	4h	93.578	−0.066%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0097%	8h	93.520	−0.128%	$22.3M	$48.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0078%	1h	93.590	−0.053%	$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
tradeXYZ xyz:CL	−0.0057%	1h	93.606	−0.036%	$185.0M	$210.9M	20x	as long as short
edgeX CLUSDC	−0.0055%	4h	93.649	+0.010%	$526K	$307K	30x	as long as short
Nado WTI-PERP	−0.0037%	1h	93.692	+0.056%	$966K	$627K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.630	−0.011%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.590	−0.053%	$42.6M	$101.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.150%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	+0.012%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.601	−0.042%	$27.0M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.690	+0.053%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOILlong	0.0000%	1h	93.640	long leg	$37K	$39K	20x
Bullet WTIOIL-USD	0.0000%	1h	93.638	−0.002%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.166	−0.506%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	93.638	−0.002%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.586	−0.058%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.660	+0.021%	$2.0M	$16.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	+0.043%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.650	+0.011%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.636	−0.004%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.664	+0.026%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.674	+0.036%	$333K	$576K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.616	−0.026%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	93.680	+0.043%	$54K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	93.583	−0.061%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.74	+9.722%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0226%	4h	93.640	0.000%	$4.0M	$978K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0179%	1h	93.615	−0.027%	$84K	—	111x	as long as short