Funding you earn now, next payment 09:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.033%
Price spread now: Pacifica against Ondo Perps+0.048%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.048%, 7d avg +0.026%
=Together, before fees+0.093%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board+$9 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 Pacifica is 0.022% dearer against Ondo Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.026%. Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 91.300 | 0.0029 | pay 0.0004% / 1h | 12m 02s | $3.6M | $5.1M | 20x |
| Short | Pacifica CL | 91.344 | 0.0100 | get 0.0013% / 1h | 12m 02s | $338K | $574K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.95
- Price spread: +0.048% → +0.026%
- $2.24
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $4.19
- Costs to cover
- 0.130%
- Break-even
- 5.0 days
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 22 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 22 min ago | 0.05 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0628% | 1h | 91.050 | −0.274% | $182K | $415K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0319% | 1h | 91.199 | −0.111% | $255K | $943K | 25x | as long as short |
| Aster CLUSD1 | −0.0220% | 4h | 91.160 | −0.153% | $24.6M | $59.4M | 20x | as long as short |
| Binance CLUSDT | −0.0131% | 4h | 91.120 | −0.197% | $245.8M | $960.9M | 100x | as long as short |
| GRVT CL_USDT_Perp | −0.0114% | 4h | 91.881 | +0.636% | $73K | $611K | 25x | as long as short |
| Gate CL_USDT | −0.0105% | 8h | 91.070 | −0.252% | $23.5M | $51.3M | 100x | as long as short |
| Nado WTI-PERP | −0.0100% | 1h | 91.341 | +0.045% | $938K | $599K | 10x | as long as short |
| Variational Omni CL | −0.0099% | 4h | 91.922 | +0.681% | $13.4M | $10.8M | — | as long as short |
| Bitget CLUSDT | −0.0094% | 4h | 91.120 | −0.197% | $41.6M | $43.0M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.0052% | 4h | 91.100 | −0.219% | $42.0M | $104.4M | 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 | −0.0052% | 1h | 92.006 | +0.773% | $1K | $27K | 5x | as long as short |
| edgeX CLUSDC | −0.0046% | 4h | 91.941 | +0.702% | $536K | $343K | 30x | as long as short |
| QFEX CL-USD | −0.0026% | 1h | 91.310 | +0.011% | $2.2M | $2.5M | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0016% | 1h | 91.125 | −0.192% | $180.9M | $194.1M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 91.710 | +0.449% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 91.100 | −0.219% | $25.7M | $85.7M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 91.305 | +0.006% | $3.0M | $2.8M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 91.218 | −0.090% | $18K | $239K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 90.749 | −0.604% | $5K | — | 150x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 91.700 | +0.438% | $36K | $39K | 20x | as long as short |
| Lighter WTI | +0.0016% | 1h | 91.155 | −0.159% | $11.1M | $9.0M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0016% | 1h | 91.120 | −0.197% | $398K | $986K | 15x | as long as short |
| Paradex CL-USD-PERP | +0.0016% | 8h | 91.285 | −0.016% | $15K | $367 | 5x | as long as short |
| Ondo Perps WTI-USD.Plong | +0.0029% | 1h | 91.300 | long leg | $3.6M | $5.1M | 20x | |
| Extended WTI-USD | +0.0032% | 1h | 91.140 | −0.175% | $1.7M | $13.8M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 91.800 | +0.548% | $720K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 91.350 | +0.055% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 91.315 | +0.016% | $1.6M | $1.2M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 91.145 | −0.170% | $2.0M | $69K | 20x | as long as short |
| Pacifica CLshort | +0.0100% | 1h | 91.344 | +0.048% | $338K | $574K | 10x | |
| KuCoin CLUSDTM | +0.0100% | 4h | 91.176 | −0.136% | $6.9M | $2.5M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 91.930 | +0.690% | $53K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.109 | −0.210% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0165% / S −0.0002% | 1h | 91.155 | −0.159% | $78K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0190% | 4h | 91.500 | +0.219% | $4.0M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.13 | +11.866% | $19K | $5K | 30x | as long as short |
Pacifica CL
Deribit WTIOIL_USDC-PERPETUAL
Kraken Futures PF_WTIOILUSD
Aster CLUSD1
Binance CLUSDT
GRVT CL_USDT_Perp
Gate CL_USDT
Variational Omni CL
Bitget CLUSDT
OKX CL-USDT-SWAP
Aftermath Perps WTIUSD
edgeX CLUSDC
tradeXYZ xyz:CL
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Phoenix WTIOIL
Lighter WTI
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
Injective WTI/USDC PERP