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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
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: ApeX Omni against RISEx+0.060%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$490.494% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.128%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.108% dearer against RISEx than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CL/USDC92.9740get 0.0000% / 1h10m 46s$3.1M$2.9M20x
ShortApeX Omni CLUSDT93.0300.0100get 0.0013% / 1h10m 46s$56K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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: +0.060% → −0.048%
$10.81
Slippage, 4 orders
−$33.42
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$17.61
Costs to cover
0.494%
Break-even
12.9 days
Slippage from RISEx: live order book, 3 min ago; ApeX Omni: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 3 min ago0.75 bp3.8 bp −$44.5 bp −$45doesn't fitdoesn't fit
Sell ApeX Omni live order book, 46 min ago8.59 bp21.4 bp −$21196.5 bp −$1,965doesn't fitdoesn't fit

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
Deribit WTIOIL_USDC-PERPETUAL−0.0611%1h92.860−0.123%$198K$370K15xas long as short
Aster CLUSD1−0.0270%4h92.910−0.069%$24.0M$66.6M20xas long as short
GRVT CL_USDT_Perp−0.0242%4h93.000+0.028%$64K$648K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0196%1h92.905−0.074%$273K$874K25xas long as short
Binance CLUSDT−0.0188%4h92.897−0.083%$244.5M$945.2M100xas long as short
Variational Omni CL−0.0179%4h92.888−0.093%$13.5M$10.8Mas long as short
Bitget CLUSDT−0.0124%4h92.882−0.099%$42.0M$43.7M100xas long as short
tradeXYZ xyz:CL−0.0112%1h92.885−0.096%$187.8M$217.6M20xas long as short
Aftermath Perps WTIUSD−0.0104%1h92.973−0.002%$2K$26K5xas long as short
Ondo Perps WTI-USD.P−0.0090%1h92.870−0.112%$3.5M$5.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CLUSDC−0.0076%4h93.007+0.035%$530K$301K30xas long as short
OKX CL-USDT-SWAP−0.0054%4h92.890−0.090%$42.4M$102.7M50xas long as short
Gate CL_USDT−0.0048%8h92.840−0.144%$20.8M$52.2M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−0.241%$402K$944K15xas long as short
QFEX CL-USD−0.0043%1h92.900−0.080%$2.3M$1.8M10xas long as short
Nado WTI-PERP−0.0028%1h92.964−0.011%$963K$649K10xas long as short
KuCoin CLUSDTM−0.0026%4h92.903−0.076%$7.1M$2.4M50xas long as short
Lighter WTI0.0000%1h92.892−0.088%$11.2M$10.6M20xas long as short
dYdX WTI-USD0.0000%1h92.937−0.040%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.882−0.099%$26.7M$80.4M150xas long as short
RISEx CL/USDClong0.0000%1h92.974long leg$3.1M$2.9M20x
Phoenix WTIOIL0.0000%1h92.950−0.026%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.915−0.063%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.463−0.550%$5K150xas long as short
Paradex CL-USD-PERP+0.0009%8h92.887−0.094%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h92.940−0.037%$2.0M$20.3M10xas long as short
StandX CL-USD+0.0040%1h92.890−0.090%$734K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.920−0.058%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.906−0.073%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.894−0.086%$2.1M$60K20xas long as short
Pacifica CL+0.0068%1h92.898−0.082%$330K$622K10xas long as short
ApeX Omni CLUSDTshort+0.0100%1h93.030+0.060%$56K$266K50x
Aevo WTIOIL-PERP+0.0104%1h92.871−0.111%$4K10xas long as short
BloFin CL-USDT+0.0186%4h92.930−0.047%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0216% / S −0.0143%1h92.895−0.085%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.25+9.978%$19K$11K30xas long as short