CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: SoDEX against Pacifica−0.038%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on Pacifica Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.038%, 7d avg +0.007%

Together, before fees−0.044%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.045% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	93.516	0.0047	pay 0.0006% / 1h	13m 27s	$332K	$577K	10x
Short	SoDEX CL-USD	93.480	0.0050	get 0.0006% / 1h	13m 27s	$2.1M	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.038%Rate

Funding earned: $0.69
Price spread: −0.038% → +0.007%: −$4.52
Slippage, 4 orders: −$35.2
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$55.03
Costs to cover: 0.512%
Break-even: 566.2 days

Slippage from Pacifica: live order book, 35 min ago; SoDEX: live order book, 1 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, 35 min ago	1.29 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX live order book, 1 min ago	0.54 bp	18.9 bp −$19	96.9 bp −$969	doesn't fit	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	−0.0392%	1h	93.450	−0.071%	$197K	$376K	15x	as long as short
GRVT CL_USDT_Perp	−0.0288%	4h	93.460	−0.060%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0287%	4h	93.544	+0.030%	$24.4M	$64.8M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.507	−0.009%	$285K	$958K	25x	as long as short
Binance CLUSDT	−0.0180%	4h	93.515	−0.001%	$246.3M	$932.6M	100x	as long as short
Variational Omni CL	−0.0170%	4h	93.440	−0.082%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0154%	1h	93.473	−0.046%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0126%	4h	93.491	−0.027%	$42.2M	$42.7M	100x	as long as short
Nado WTI-PERP	−0.0122%	1h	93.566	+0.053%	$968K	$614K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0083%	1h	93.470	−0.049%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0076%	8h	93.450	−0.071%	$22.0M	$50.1M	100x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	93.488	−0.030%	$185.0M	$213.6M	20x	as long as short
OKX CL-USDT-SWAP	−0.0045%	4h	93.530	+0.015%	$42.7M	$102.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	−0.017%	$404K	$931K	15x	as long as short
edgeX CLUSDC	−0.0040%	4h	93.447	−0.074%	$525K	$307K	30x	as long as short
QFEX CL-USD	−0.0032%	1h	93.500	−0.017%	$2.3M	$2.5M	10x	as long as short
dYdX WTI-USD	0.0000%	1h	93.495	−0.022%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.540	+0.026%	$27.3M	$79.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.576	+0.064%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.500	−0.017%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.506	−0.011%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.054	−0.494%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	93.492	−0.026%	$16K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	93.530	+0.015%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.550	+0.036%	$2.0M	$16.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.480	−0.038%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.500	−0.017%	—	$313K	10x	as long as short
Pacifica CLlong	+0.0047%	1h	93.516	long leg	$332K	$577K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.502	−0.015%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	93.480	−0.038%	$2.1M	$60K	20x
KuCoin CLUSDTM	+0.0086%	4h	93.533	+0.018%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.460	−0.060%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.465	−0.055%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	93.480	−0.038%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.762%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0239% / S −0.0172%	1h	93.535	+0.020%	$84K	—	111x	as long as short