CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0166%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.043%

Price spread now: ApeX Omni against tradeXYZ+0.006%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.596% of the position

Long on tradeXYZ Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.249%+$25 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.006%, 7d avg −0.005%

Together, before fees+0.233%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	92.924	−0.0066	get 0.0008% / 1h	23m 16s	$184.7M	$217.3M	20x
Short	ApeX Omni CLUSDT	92.930	0.0100	get 0.0013% / 1h	23m 16s	$56K	$265K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against tradeXYZ. 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 tradeXYZbpFee ApeX OmnibpOrdersPrice spread, now +0.006%Rate

Funding earned: $34.79
Price spread: +0.006% → −0.005%: $1.1
Slippage, 4 orders: −$31.63
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$23.74
Costs to cover: 0.596%
Break-even: 11.8 days

Slippage from tradeXYZ: live order book, 6 min ago; ApeX Omni: live order book, 39 min ago.

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 tradeXYZ live order book, 6 min ago	0.05 bp	9.4 bp −$9	10.5 bp −$105	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 39 min ago	8.62 bp	20.2 bp −$20	210.6 bp −$2,106	doesn't fit	doesn't fit

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	−0.0503%	1h	92.880	−0.047%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0253%	4h	92.920	−0.004%	$23.9M	$68.1M	20x	as long as short
GRVT CL_USDT_Perp	−0.0236%	4h	92.878	−0.050%	$61K	$625K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	92.920	−0.004%	$244.7M	$952.5M	100x	as long as short
Variational Omni CL	−0.0202%	4h	92.856	−0.073%	$13.6M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0166%	1h	92.870	−0.058%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0154%	1h	92.981	+0.062%	$962K	$659K	10x	as long as short
Gate CL_USDT	−0.0083%	8h	92.870	−0.058%	$20.9M	$52.6M	100x	as long as short
tradeXYZ xyz:CLlong	−0.0066%	1h	92.924	long leg	$184.7M	$217.3M	20x
OKX CL-USDT-SWAP	−0.0059%	4h	92.910	−0.015%	$42.9M	$102.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0051%	1h	92.890	−0.037%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.187%	$402K	$944K	15x	as long as short
edgeX CLUSDC	−0.0033%	4h	92.877	−0.050%	$529K	$302K	30x	as long as short
QFEX CL-USD	−0.0032%	1h	92.890	−0.037%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0032%	1h	92.950	+0.028%	$2.1M	$22.5M	10x	as long as short
Lighter WTI	0.0000%	1h	92.924	0.000%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	+0.013%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.921	−0.003%	$26.7M	$81.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.903	−0.023%	$41.9M	$43.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.910	−0.015%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.916	−0.008%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.473	−0.485%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	92.899	−0.026%	$16K	$367	5x	as long as short
KuCoin CLUSDTM	+0.0030%	4h	92.902	−0.024%	$7.3M	$2.3M	50x	as long as short
StandX CL-USD	+0.0040%	1h	92.430	−0.532%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	−0.004%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.924	0.000%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.910	−0.015%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.022	+0.105%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.922	−0.003%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDTshort	+0.0100%	1h	92.930	+0.006%	$56K	$265K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	92.875	−0.053%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.953	+0.031%	$274K	$872K	25x	as long as short
BloFin CL-USDT	+0.0185%	4h	92.880	−0.047%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.915	−0.010%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.95	+9.718%	$19K	$11K	30x	as long as short