CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h −0.005%

Price spread now: StandX against Pacifica−0.039%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Pacifica Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.522%−$52 · spread now −0.039%, 7d avg −0.034%

Together, before fees−0.483%+ Points / potential airdropPacifica: Active · StandX: Active · farm board−$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	92.246	−0.0020	get 0.0003% / 1h	58m 45s	$353K	$596K	10x
Short	StandX CL-USD	92.210	0.0040	get 0.0005% / 1h	58m 45s	$721K	$3.1M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.039%Rate

Funding earned: $12.7
Price spread: −0.039% → −0.034%: −$0.58
Slippage, 4 orders: −$16.81
Fee Pacifica: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$20.68
Costs to cover: 0.328%
Break-even: 18.4 days

Slippage from Pacifica: live order book, 15 min ago; StandX: live order book, just now.

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, 15 min ago	0.05 bp	6.6 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell StandX live order book, just now	5.96 bp	10.0 bp −$10	11.0 bp −$110	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
GRVT CL_USDT_Perp	−0.0328%	4h	92.193	−0.058%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0299%	4h	92.242	−0.004%	$23.9M	$77.5M	20x	as long as short
Binance CLUSDT	−0.0223%	4h	92.226	−0.022%	$244.4M	$1.08B	100x	as long as short
Variational Omni CL	−0.0206%	4h	92.193	−0.058%	$13.2M	$12.7M	—	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0183%	1h	92.260	+0.015%	$96K	$189K	15x	as long as short
Nado WTI-PERP	−0.0131%	1h	92.294	+0.052%	$925K	$733K	10x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.278	+0.034%	$273K	$1.2M	25x	as long as short
QFEX CL-USD	−0.0054%	1h	92.240	−0.007%	$2.4M	$2.3M	10x	as long as short
Lighter WTI	−0.0048%	1h	92.227	−0.021%	$11.2M	$9.9M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.234%	$399K	$962K	15x	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	−0.0033%	8h	92.160	−0.094%	$21.3M	$53.9M	100x	as long as short
Paradex CL-USD-PERP	−0.0031%	8h	92.224	−0.024%	$15K	$367	5x	as long as short
Ondo Perps WTI-USD.P	−0.0027%	1h	92.180	−0.072%	$3.5M	$6.4M	20x	as long as short
Pacifica CLlong	−0.0020%	1h	92.246	long leg	$353K	$596K	10x
dYdX WTI-USD	0.0000%	1h	92.269	+0.024%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.220	−0.029%	$26.0M	$94.1M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.220	−0.029%	$43.0M	$111.5M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.356	+0.119%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.223	−0.025%	$42.0M	$51.5M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.300	+0.058%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.246	0.000%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.816	−0.466%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0021%	4h	92.241	−0.005%	$530K	$326K	30x	as long as short
tradeXYZ xyz:CL	+0.0022%	1h	92.250	+0.004%	$186.1M	$267.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.260	+0.015%	$2.0M	$26.6M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	92.210	−0.039%	$721K	$3.1M	40x
Vest CL-PERP	+0.0046%	1h	92.280	+0.037%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.259	+0.014%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.246	0.000%	$2.0M	$39K	20x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.232	−0.015%	$7.3M	$2.2M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.220	−0.029%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.225	−0.023%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0130%	1h	92.255	+0.009%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.34	+9.854%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.220	−0.029%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0514%	1h	92.256	+0.010%	$2K	$29K	5x	as long as short