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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0140%/8h= −15.3% APRnext payment $0.18 per $10,000 · paid last 24h −0.017%
Price spread now: Coinbase International against Pacifica−0.046%7-day average −0.089% · you buy dearer than you sell
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 7 days−0.238%−$24 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now −0.046%, 7d avg −0.089%
Together, before fees−0.375%+ Points / potential airdropPacifica: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.043% dearer against Pacifica than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.089%): +$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 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CL92.7930.0100pay 0.0013% / 1h40m 20s$331K$618K10x
ShortCoinbase International WTIOIL-PERP-INTX92.750−0.0040pay 0.0005% / 1h40m 20s$402K$944K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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
−$29.4
Price spread: −0.046% → −0.089%
$4.29
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$43.11
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 23 min ago; Coinbase International: live order book, 63 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 Pacifica live order book, 23 min ago0.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 63 min ago2.16 bp8.7 bp −$910.0 bp −$100doesn'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−0.0719%1h92.780−0.014%$198K$369K15xas long as short
Aster CLUSD1−0.0244%4h92.820+0.029%$23.9M$69.1M20xas long as short
GRVT CL_USDT_Perp−0.0220%4h92.820+0.029%$61K$633K25xas long as short
Binance CLUSDT−0.0209%4h92.820+0.029%$244.3M$955.9M100xas long as short
Variational Omni CL−0.0203%4h92.777−0.017%$13.6M$11.1Mas long as short
Ondo Perps WTI-USD.P−0.0160%1h92.730−0.068%$3.5M$5.6M20xas long as short
Nado WTI-PERP−0.0139%1h92.863+0.075%$961K$668K10xas long as short
Gate CL_USDT−0.0097%8h92.760−0.036%$20.9M$52.3M100xas long as short
edgeX CLUSDC−0.0087%4h92.830+0.039%$529K$301K30xas long as short
tradeXYZ xyz:CL−0.0066%1h92.828+0.038%$184.6M$218.5M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International WTIOIL-PERP-INTXshort−0.0040%1h92.750−0.046%$402K$944K15x
QFEX CL-USD−0.0032%1h92.810+0.018%$2.5M$1.7M10xas long as short
OKX CL-USDT-SWAP−0.0029%4h92.800+0.007%$42.8M$102.0M50xas long as short
Aftermath Perps WTIUSD−0.0022%1h92.853+0.065%$2K$27K5xas long as short
Lighter WTI0.0000%1h92.802+0.010%$11.2M$10.3M20xas long as short
dYdX WTI-USD0.0000%1h92.838+0.048%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.840+0.051%$26.8M$81.1M150xas long as short
Bitget CLUSDT0.0000%4h92.820+0.029%$41.9M$43.3M100xas long as short
Phoenix WTIOIL0.0000%1h92.820+0.029%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.817+0.026%$18K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.391−0.433%$5K150xas long as short
Extended WTI-USD+0.0016%1h92.870+0.083%$2.1M$23.1M10xas long as short
Paradex CL-USD-PERP+0.0026%8h92.798+0.005%$16K$3675xas long as short
StandX CL-USD+0.0040%1h92.450−0.370%$727K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.850+0.061%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.832+0.042%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.815+0.024%$2.1M$61K20xas long as short
KuCoin CLUSDTM+0.0054%4h92.812+0.020%$7.3M$2.3M50xas long as short
RISEx CL/USDC+0.0066%1h92.927+0.144%$3.3M$2.7M20xas long as short
Pacifica CLlong+0.0100%1h92.793long leg$331K$618K10x
ApeX Omni CLUSDT+0.0100%1h92.800+0.007%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.789−0.005%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h92.823+0.033%$273K$872K25xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.815+0.024%$78K111xas long as short
BloFin CL-USDT+0.0216%4h92.800+0.007%$4.0M$1.1M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.15+10.080%$19K$11K30xas long as short