CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%

Price spread now: Polymarket Perps against Pacifica+0.026%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.252% of the position

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 4 days (all we have)−0.565%−$57 · spread now +0.026%, 7d avg +0.019%

Together, before fees−0.444%+ Points / potential airdropPacifica: Active · farm board−$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.121%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	93.114	0.0068	pay 0.0008% / 1h	48m 23s	$329K	$622K	10x
Short	Polymarket Perps WTIOIL-USD	93.138	0.0050	get 0.0006% / 1h	48m 23s	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee PacificabpFee Polymarket PerpsbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$3.68
Price spread: +0.026% → +0.019%: $0.72
Slippage, 4 orders: −$9.22
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$28.18
Costs to cover: 0.252%
Break-even: never at this rate

Slippage from Pacifica: live order book, 10 min ago; Polymarket Perps: live order book, 5 min ago.

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 Pacifica live order book, 10 min ago	1.18 bp	6.1 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.09 bp	6.1 bp −$6	7.7 bp −$77	10.4 bp −$1,038	doesn't fit

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	−0.0502%	1h	93.070	−0.047%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0253%	4h	93.120	+0.007%	$24.0M	$67.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.132	+0.020%	$54K	$635K	25x	as long as short
Binance CLUSDT	−0.0196%	4h	93.116	+0.003%	$244.8M	$950.8M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.132	+0.019%	$274K	$872K	25x	as long as short
Variational Omni CL	−0.0187%	4h	93.109	−0.005%	$13.5M	$11.3M	—	as long as short
tradeXYZ xyz:CL	−0.0108%	1h	93.116	+0.002%	$185.0M	$216.1M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0100%	1h	93.080	−0.036%	$3.5M	$5.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0081%	1h	93.136	+0.024%	$2K	$27K	5x	as long as short
OKX CL-USDT-SWAP	−0.0069%	4h	93.130	+0.017%	$42.6M	$103.1M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CLUSDT	−0.0066%	4h	93.094	−0.021%	$42.0M	$43.8M	100x	as long as short
Gate CL_USDT	−0.0053%	8h	93.080	−0.036%	$20.9M	$51.2M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.391%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.100	−0.015%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0032%	1h	93.150	+0.039%	$2.1M	$21.5M	10x	as long as short
Nado WTI-PERP	−0.0022%	1h	93.164	+0.054%	$963K	$652K	10x	as long as short
Lighter WTI	−0.0016%	1h	93.106	−0.008%	$11.2M	$10.5M	20x	as long as short
edgeX CLUSDC	−0.0012%	4h	93.174	+0.065%	$531K	$301K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.195	+0.088%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.140	+0.028%	$26.8M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.186	+0.077%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.180	+0.071%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.129	+0.017%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.674	−0.472%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0002%	4h	93.122	+0.009%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.088	−0.028%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	+0.028%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.150	+0.039%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	93.138	+0.026%	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.110	−0.004%	$2.1M	$60K	20x	as long as short
Pacifica CLlong	+0.0068%	1h	93.114	long leg	$329K	$622K	10x
ApeX Omni CLUSDT	+0.0100%	1h	93.190	+0.082%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.085	−0.031%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0170%	4h	93.150	+0.039%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0210% / S −0.0134%	1h	93.105	−0.009%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.878%	$19K	$11K	30x	as long as short