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+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.028%
Price spread now: Injective against Pacifica+9.793%99s7-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 4 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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 9.793% dearer against Pacifica than usual: you sell high and buy low: +$979 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CL92.7500.0100pay 0.0013% / 1h27m 32s$331K$618K10x
ShortInjective WTI/USDC PERP101.830.0220get 0.0028% / 1h27m 32s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$25.2
Price spread: +9.793% → 0.000%
$979.31
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$996.49
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 41 min ago; Injective: no order-book sample. 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, 41 min ago0.05 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 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
Deribit WTIOIL_USDC-PERPETUAL−0.0612%1h92.720−0.032%$198K$365K15xas long as short
Aster CLUSD1−0.0313%4h92.761+0.012%$23.9M$74.0M20xas long as short
GRVT CL_USDT_Perp−0.0268%4h92.770+0.022%$53K$631K25xas long as short
Binance CLUSDT−0.0261%4h92.754+0.004%$244.1M$983.7M100xas long as short
Variational Omni CL−0.0261%4h92.781+0.033%$13.3M$11.1Mas long as short
Gate CL_USDT−0.0131%8h92.700−0.054%$20.8M$53.5M100xas long as short
tradeXYZ xyz:CL−0.0057%1h92.760+0.011%$184.3M$222.9M20xas long as short
Nado WTI-PERP−0.0049%1h92.795+0.049%$965K$691K10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.820+0.076%$402K$946K15xas long as short
Ondo Perps WTI-USD.P−0.0042%1h92.690−0.065%$3.5M$5.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0038%1h92.798+0.052%$271K$874K25xas long as short
QFEX CL-USD−0.0033%1h92.740−0.011%$2.5M$1.7M10xas long as short
OKX CL-USDT-SWAP−0.0013%4h92.740−0.011%$42.7M$105.7M50xas long as short
dYdX WTI-USD0.0000%1h92.757+0.008%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.783+0.036%$26.9M$82.9M150xas long as short
Bitget CLUSDT0.0000%4h92.742−0.009%$41.9M$44.3M100xas long as short
Phoenix WTIOIL0.0000%1h92.770+0.022%$37K$51K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.754+0.004%$17K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.322−0.461%$5K150xas long as short
Paradex CL-USD-PERP+0.0026%8h92.731−0.020%$16K$3675xas long as short
Aftermath Perps WTIUSD+0.0030%1h92.789+0.042%$2K$28K5xas long as short
Lighter WTI+0.0032%1h92.7500.000%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h92.780+0.032%$2.1M$24.8M10xas long as short
RISEx CL/USDC+0.0037%1h92.868+0.127%$3.3M$2.7M20xas long as short
StandX CL-USD+0.0040%1h92.350−0.431%$726K$3.0M40xas long as short
edgeX CLUSDC+0.0041%4h92.783+0.035%$534K$296K30xas long as short
Vest CL-PERP+0.0046%1h92.790+0.043%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.766+0.017%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.749−0.001%$2.1M$61K20xas long as short
KuCoin CLUSDTM+0.0074%4h92.768+0.019%$7.2M$2.3M50xas long as short
Pacifica CLlong+0.0100%1h92.750long leg$331K$618K10x
ApeX Omni CLUSDT+0.0100%1h92.770+0.022%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.741−0.010%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.775+0.027%$78K111xas long as short
Injective WTI/USDC PERPshort+0.0220%1h101.83+9.793%$19K$11K30x