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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0085%/8h= −9.3% APRnext payment $0.11 per $10,000 · paid last 24h +0.025%
Price spread now: Pacifica against Nado+0.028%50s7-day average −0.010% · 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)+0.081%+$8 on $10k
Price spread, last 4 days (all we have)+0.577%+$58 · spread now +0.028%, 7d avg −0.010%
Together, before fees+0.658%+ Points / potential airdropNado: Active · Pacifica: Active · farm board+$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.038% dearer against Nado than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.010%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 3 days funding on this pair paid +0.081%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WTI-PERP91.9640.0185pay 0.0023% / 1h23m 41s$879K$786K10x
ShortPacifica CL91.9900.0100get 0.0013% / 1h23m 41s$332K$573K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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
−$17.84
Price spread: +0.028% → −0.010%
$3.83
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.01
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 64 min ago; Pacifica: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 64 min ago0.05 bp5.1 bp −$510.1 bp −$101doesn't fitdoesn't fit
Sell Pacifica live order book, 65 min ago0.27 bp6.2 bp −$6doesn't fitdoesn't fitdoesn't fit

CL on 35 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
QFEX CL-USD−0.0019%1h91.980+0.017%$2.4M$2.8M10xas long as short
Aster CLUSD10.0000%4h92.006+0.046%$24.6M$77.0M20xas long as short
dYdX WTI-USD0.0000%1h91.916−0.052%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.985+0.023%$247.0M$1.14B100xas long as short
Bybit CLUSDT0.0000%8h91.970+0.007%$25.3M$100.3M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.960−0.004%$43.1M$117.1M50xas long as short
Gate CL_USDT0.0000%8h91.900−0.070%$21.2M$63.1M100xas long as short
Bitget CLUSDT0.0000%4h91.958−0.006%$42.2M$69.1M100xas long as short
Variational Omni CL0.0000%4h91.992+0.030%$13.7M$16.1Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.989+0.027%$58K$782K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h91.990+0.028%$95K$291K15xas long as short
Aftermath Perps WTIUSD+0.0001%1h91.967+0.003%$2K$31K5xas long as short
Bullet WTIOIL-USD+0.0005%1h91.976+0.013%$18K$241K10xas long as short
Phoenix WTIOIL+0.0009%1h92.000+0.039%$33K$99K20xas long as short
Lighter WTI+0.0032%1h91.948−0.017%$11.0M$12.3M20xas long as short
Extended WTI-USD+0.0032%1h92.015+0.056%$1.9M$29.7M10xas long as short
Injective WTI/USDC PERP+0.0033%1h92.044+0.087%$17K$18K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h91.988+0.026%$258K$1.3M25xas long as short
StandX CL-USD+0.0040%1h92.000+0.039%$725K$3.0M40xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0040%1h92.080+0.126%$393K$1.3M15xas long as short
edgeX CLUSDC+0.0042%4h91.987+0.025%$529K$341K30xas long as short
Vest CL-PERP+0.0046%1h92.020+0.061%$243K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h91.977+0.014%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h91.981+0.019%$2.0M$40K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h91.980+0.017%$3.5M$6.6M20xas long as short
tradeXYZ xyz:CL+0.0055%1h91.962−0.002%$182.3M$294.2M20xas long as short
Paradex CL-USD-PERP+0.0096%8h91.958−0.007%$15K$3675xas long as short
Pacifica CLshort+0.0100%1h91.990+0.028%$332K$573K10x
KuCoin CLUSDTM+0.0100%4h91.971+0.008%$7.4M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.080+0.126%$55K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.972+0.009%$4K$4910xas long as short
Nado WTI-PERPlong+0.0185%1h91.964long leg$879K$786K10x
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h91.985+0.023%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.910−0.059%$4.0M$1.5M50xas long as short
RISEx CL/USDC+0.0266%1h92.121+0.171%$3.2M$2.7M20xas long as short