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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0121%/8h= −13.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.047%
Price spread now: Pacifica against GMX+0.043%7-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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.043% dearer against GMX than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]93.175L +0.0221% / S −0.0149%pay 0.0028% / 1h30m 52s$81K111x
ShortPacifica CL93.2150.0100get 0.0013% / 1h30m 52s$331K$597K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$25.43
Price spread: +0.043% → 0.000%
$4.29
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$41.14
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 23 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 Pacifica live order book, 23 min ago0.11 bp6.0 bp −$6doesn't fitdoesn'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
Deribit WTIOIL_USDC-PERPETUAL−0.0501%1h93.140−0.038%$199K$370K15xas long as short
GRVT CL_USDT_Perp−0.0272%4h93.220+0.049%$54K$645K25xas long as short
Aster CLUSD1−0.0261%4h93.210+0.038%$24.1M$66.6M20xas long as short
Binance CLUSDT−0.0173%4h93.175−0.001%$245.5M$942.3M100xas long as short
Variational Omni CL−0.0156%4h93.159−0.017%$13.4M$10.9Mas long as short
Nado WTI-PERP−0.0124%1h93.273+0.105%$964K$631K10xas long as short
Bitget CLUSDT−0.0124%4h93.165−0.011%$41.9M$43.3M100xas long as short
Ondo Perps WTI-USD.P−0.0118%1h93.220+0.048%$3.5M$5.4M20xas long as short
Aftermath Perps WTIUSD−0.0115%1h93.205+0.032%$2K$27K5xas long as short
edgeX CLUSDC−0.0074%4h93.201+0.028%$524K$306K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0061%1h93.174−0.001%$277K$958K25xas long as short
Gate CL_USDT−0.0057%8h93.130−0.048%$21.2M$51.3M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.190+0.016%$401K$927K15xas long as short
OKX CL-USDT-SWAP−0.0039%4h93.160−0.016%$42.7M$102.8M50xas long as short
QFEX CL-USD−0.0033%1h93.210+0.038%$2.3M$1.8M10xas long as short
tradeXYZ xyz:CL−0.0032%1h93.1750.000%$184.4M$217.9M20xas long as short
Phoenix WTIOIL−0.0009%1h93.260+0.091%$37K$41K20xas long as short
dYdX WTI-USD0.0000%1h93.263+0.094%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.190+0.016%$26.9M$80.6M150xas long as short
RISEx CL/USDC0.0000%1h93.287+0.120%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.174−0.001%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.736−0.471%$5K150xas long as short
KuCoin CLUSDTM+0.0004%4h93.238+0.068%$7.1M$2.4M50xas long as short
Paradex CL-USD-PERP+0.0015%8h93.218+0.046%$16K$3675xas long as short
Lighter WTI+0.0024%1h93.174−0.001%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0024%1h93.220+0.048%$2.0M$19.0M10xas long as short
StandX CL-USD+0.0040%1h93.170−0.005%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.210+0.038%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.180+0.005%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.177+0.002%$2.1M$60K20xas long as short
Pacifica CLshort+0.0100%1h93.215+0.043%$331K$597K10x
ApeX Omni CLUSDT+0.0100%1h93.240+0.070%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.156−0.021%$4K10xas long as short
BloFin CL-USDT+0.0204%4h93.230+0.059%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.51+10.019%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]longL +0.0221% / S −0.0149%1h93.175long leg$81K111x