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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against SoDEX+0.263%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$770.771% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.263%, 7d avg +0.011%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.252% dearer against SoDEX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CL-USD92.4670.0050pay 0.0006% / 1h20m 43s$2.1M$69K20x
ShortApeX Omni CLUSDT92.7100.0100get 0.0013% / 1h20m 43s$54K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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
$10.5
Price spread: +0.263% → +0.011%
$25.22
Slippage, 4 orders
−$59.14
Fee SoDEX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$41.42
Costs to cover
0.771%
Break-even
34.6 days
Slippage from SoDEX: live order book, 3 min ago; ApeX Omni: live order book, 11 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 SoDEX live order book, 3 min ago0.54 bp18.7 bp −$1987.1 bp −$871doesn't fitdoesn't fit
Sell ApeX Omni live order book, 11 min ago8.63 bp20.3 bp −$20201.3 bp −$2,013doesn'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−0.0614%1h92.460−0.008%$187K$412K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0315%1h92.487+0.021%$268K$948K25xas long as short
Aster CLUSD1−0.0216%4h92.543+0.082%$24.9M$59.7M20xas long as short
Binance CLUSDT−0.0123%4h92.494+0.029%$245.6M$930.7M100xas long as short
Variational Omni CL−0.0105%4h92.432−0.038%$13.5M$10.7Mas long as short
Gate CL_USDT−0.0103%8h92.420−0.051%$23.7M$50.4M100xas long as short
Nado WTI-PERP−0.0100%1h92.541+0.080%$946K$596K10xas long as short
GRVT CL_USDT_Perp−0.0080%4h92.622+0.167%$74K$611K25xas long as short
Bitget CLUSDT−0.0076%4h92.4670.000%$42.1M$41.9M100xas long as short
Aftermath Perps WTIUSD−0.0066%1h92.698+0.249%$1K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0045%4h92.460−0.008%$42.5M$102.7M50xas long as short
edgeX CLUSDC−0.0031%4h92.632+0.179%$540K$342K30xas long as short
QFEX CL-USD−0.0026%1h92.480+0.014%$2.3M$2.5M10xas long as short
tradeXYZ xyz:CL−0.0010%1h92.517+0.054%$183.8M$190.9M20xas long as short
dYdX WTI-USD0.0000%1h92.579+0.121%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.530+0.068%$27.5M$82.8M150xas long as short
RISEx CL/USDC0.0000%1h92.555+0.095%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USD0.0000%1h92.475+0.009%$19K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.158−0.334%$5K150xas long as short
Phoenix WTIOIL+0.0009%1h92.660+0.209%$37K$39K20xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h92.590+0.133%$427K$869K15xas long as short
Paradex CL-USD-PERP+0.0017%8h92.477+0.011%$15K$3675xas long as short
Lighter WTI+0.0032%1h92.502+0.038%$11.3M$8.9M20xas long as short
Extended WTI-USD+0.0032%1h92.530+0.068%$1.7M$14.0M10xas long as short
Ondo Perps WTI-USD.P+0.0032%1h92.470+0.003%$3.6M$5.2M20xas long as short
StandX CL-USD+0.0040%1h92.590+0.133%$728K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.500+0.036%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.555+0.095%$1.6M$1.2M20xas long as short
SoDEX CL-USDlong+0.0050%1h92.467long leg$2.1M$69K20x
Pacifica CL+0.0100%1h92.508+0.044%$344K$584K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.512+0.049%$7.0M$2.5M50xas long as short
ApeX Omni CLUSDTshort+0.0100%1h92.710+0.263%$54K$266K50x
Aevo WTIOIL-PERP+0.0104%1h92.452−0.016%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0165% / S −0.0007%1h92.465−0.002%$80K111xas long as short
BloFin CL-USDT+0.0195%4h92.520+0.057%$4.1M$999K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+10.455%$19K$5K30xas long as short