CL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0332%/8h= +36.3% APRnext payment +$0.41 per $10,000 · paid last 24h +0.022%

Price spread now: Pacifica against tradeXYZ−0.022%7-day average −0.025% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.022%, 7d avg −0.025%

Together, before fees+0.110%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	91.744	−0.0232	get 0.0029% / 1h	48m 29s	$184.8M	$285.1M	20x
Short	Pacifica CL	91.724	0.0100	get 0.0013% / 1h	48m 29s	$331K	$572K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against tradeXYZ. 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 tradeXYZbpFee PacificabpOrdersPrice spread, now −0.022%Rate

Funding earned: $69.68
Price spread: −0.022% → −0.025%: $0.33
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $44.02
Costs to cover: 0.260%
Break-even: 2.6 days

Slippage unknown: tradeXYZ: live order book, 12 min ago; Pacifica: live order book, 35 min ago. Net counts fees only.

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 tradeXYZ live order book, 12 min ago	0.05 bp	9.1 bp −$9	11.3 bp −$113	doesn't fit	doesn't fit
Sell Pacifica live order book, 35 min ago	0.05 bp	doesn't fit	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	−0.0622%	1h	91.710	−0.037%	$95K	$260K	15x	as long as short
ApeX Omni CLUSDT	−0.0383%	1h	91.740	−0.004%	$55K	$266K	50x	as long as short
Lighter WTI	−0.0344%	1h	91.711	−0.036%	$11.0M	$11.1M	20x	as long as short
tradeXYZ xyz:CLlong	−0.0232%	1h	91.744	long leg	$184.8M	$285.1M	20x
Nado WTI-PERP	−0.0228%	1h	91.806	+0.067%	$906K	$757K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0218%	1h	91.680	−0.070%	$3.5M	$6.5M	20x	as long as short
Bullet WTIOIL-USD	−0.0193%	1h	91.712	−0.035%	$19K	$240K	10x	as long as short
Aftermath Perps WTIUSD	−0.0121%	1h	91.720	−0.026%	$2K	$30K	5x	as long as short
Paradex CL-USD-PERP	−0.0076%	8h	91.663	−0.089%	$15K	$367	5x	as long as short
Polymarket Perps WTIOIL-USD	−0.0056%	1h	91.726	−0.020%	$1.6M	$1.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended WTI-USD	−0.0016%	1h	91.810	+0.072%	$2.0M	$29.2M	10x	as long as short
Aster CLUSD1	0.0000%	4h	91.730	−0.015%	$23.9M	$78.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.787	+0.046%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.710	−0.037%	$244.9M	$1.13B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.720	−0.026%	$25.2M	$98.5M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.720	−0.026%	$43.0M	$114.7M	50x	as long as short
QFEX CL-USD	0.0000%	1h	91.720	−0.026%	$2.4M	$2.7M	10x	as long as short
Gate CL_USDT	0.0000%	8h	91.670	−0.081%	$21.2M	$58.7M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.723	−0.023%	$42.0M	$64.3M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.707	−0.040%	$13.4M	$15.2M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.719	−0.027%	$58K	$734K	25x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.337	−0.444%	$86K	—	10x	as long as short
edgeX CLUSDC	+0.0009%	4h	91.726	−0.020%	$527K	$342K	30x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.820	+0.083%	$33K	$99K	20x	as long as short
StandX CL-USD	+0.0040%	1h	91.720	−0.026%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	91.840	+0.105%	—	$243K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.695	−0.053%	$2.0M	$39K	20x	as long as short
Pacifica CLshort	+0.0100%	1h	91.724	−0.022%	$331K	$572K	10x
KuCoin CLUSDTM	+0.0100%	4h	91.708	−0.039%	$7.3M	$2.0M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.715	−0.032%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	91.720	−0.026%	$384K	$1.2M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	101.08	+10.174%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0211% / S −0.0127%	1h	91.715	−0.032%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.720	−0.026%	$4.0M	$1.5M	50x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0452%	1h	91.708	−0.039%	$256K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	91.818	+0.080%	$3.2M	$2.7M	20x	as long as short