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: Pacifica against Polymarket Perps−0.020%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.266% of the position

Long on Polymarket Perps Short on Pacifica

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)+0.559%+$56 · spread now −0.020%, 7d avg −0.019%

Together, before fees+0.438%+ 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 cost −0.121%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	93.133	0.0050	pay 0.0006% / 1h	47m 20s	$1.6M	$1.3M	20x
Short	Pacifica CL	93.114	0.0068	get 0.0008% / 1h	47m 20s	$329K	$622K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Polymarket Perps. 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 Polymarket PerpsbpFee PacificabpOrdersPrice spread, now −0.020%Rate

Funding earned: $3.68
Price spread: −0.020% → −0.019%: −$0.14
Slippage, 4 orders: −$10.64
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.1
Costs to cover: 0.266%
Break-even: 50.9 days

Slippage from Polymarket Perps: live order book, 1 min ago; Pacifica: live order book, 11 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 Polymarket Perps live order book, 1 min ago	2.79 bp	6.9 bp −$7	8.3 bp −$83	10.6 bp −$1,063	doesn't fit
Sell Pacifica live order book, 11 min ago	1.18 bp	6.8 bp −$7	doesn't fit	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	−0.0502%	1h	93.070	−0.068%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0253%	4h	93.130	−0.003%	$24.0M	$67.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0242%	4h	93.128	−0.006%	$54K	$635K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.132	−0.001%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0195%	4h	93.120	−0.014%	$244.8M	$951.0M	100x	as long as short
Variational Omni CL	−0.0187%	4h	93.109	−0.026%	$13.5M	$11.3M	—	as long as short
tradeXYZ xyz:CL	−0.0109%	1h	93.110	−0.025%	$185.0M	$216.1M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0098%	1h	93.080	−0.057%	$3.5M	$5.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0080%	1h	93.134	+0.001%	$2K	$27K	5x	as long as short
OKX CL-USDT-SWAP	−0.0069%	4h	93.100	−0.035%	$42.6M	$103.0M	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	−0.0068%	4h	93.094	−0.042%	$42.0M	$43.8M	100x	as long as short
edgeX CLUSDC	−0.0059%	4h	93.128	−0.006%	$530K	$302K	30x	as long as short
Gate CL_USDT	−0.0052%	8h	93.070	−0.068%	$20.9M	$51.2M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.411%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.080	−0.057%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0032%	1h	93.140	+0.008%	$2.1M	$21.5M	10x	as long as short
Nado WTI-PERP	−0.0021%	1h	93.159	+0.027%	$963K	$653K	10x	as long as short
Lighter WTI	−0.0016%	1h	93.098	−0.038%	$11.2M	$10.5M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.195	+0.067%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.144	+0.012%	$26.9M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.170	+0.039%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.180	+0.050%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.110	−0.025%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.679	−0.487%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0002%	4h	93.104	−0.031%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.085	−0.052%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	+0.008%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.140	+0.008%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	93.133	long leg	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.110	−0.025%	$2.1M	$60K	20x	as long as short
Pacifica CLshort	+0.0068%	1h	93.114	−0.020%	$329K	$622K	10x
ApeX Omni CLUSDT	+0.0100%	1h	93.190	+0.061%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.088	−0.048%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0170%	4h	93.150	+0.018%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0210% / S −0.0134%	1h	93.115	−0.019%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.856%	$19K	$11K	30x	as long as short