CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.009%

Price spread now: Pacifica against ApeX Omni−0.085%51s7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$540.537% of the position

Long on ApeX Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.187%−$19 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.085%, 7d avg −0.022%

Together, before fees−0.109%+ Points / potential airdropPacifica: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.063% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.022%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CLUSDT	93.170	0.0100	pay 0.0013% / 1h	38m 47s	$56K	$266K	50x
Short	Pacifica CL	93.091	0.0068	get 0.0008% / 1h	38m 47s	$329K	$621K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against ApeX Omni. 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 ApeX OmnibpFee PacificabpOrdersPrice spread, now −0.085%Rate

Funding earned: −$6.82
Price spread: −0.085% → −0.022%: −$6.3
Slippage, 4 orders: −$35.68
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$66.8
Costs to cover: 0.537%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 18 min ago; Pacifica: live order book, 20 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 ApeX Omni live order book, 18 min ago	8.59 bp	19.3 bp −$19	184.3 bp −$1,843	doesn't fit	doesn't fit
Sell Pacifica live order book, 20 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	−0.0609%	1h	93.020	−0.161%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0250%	4h	93.100	−0.075%	$24.0M	$67.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0242%	4h	93.158	−0.013%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.078	−0.099%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0193%	4h	93.096	−0.079%	$244.7M	$951.6M	100x	as long as short
Variational Omni CL	−0.0183%	4h	93.158	−0.013%	$13.5M	$11.0M	—	as long as short
Ondo Perps WTI-USD.P	−0.0118%	1h	93.070	−0.107%	$3.5M	$5.6M	20x	as long as short
tradeXYZ xyz:CL	−0.0110%	1h	93.092	−0.084%	$184.8M	$215.5M	20x	as long as short
Aftermath Perps WTIUSD	−0.0093%	1h	93.167	−0.004%	$2K	$27K	5x	as long as short
Bitget CLUSDT	−0.0088%	4h	93.093	−0.083%	$42.0M	$43.9M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0069%	4h	93.090	−0.086%	$42.6M	$102.8M	50x	as long as short
Gate CL_USDT	−0.0056%	8h	93.030	−0.150%	$20.9M	$51.5M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.451%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.070	−0.107%	$2.5M	$1.7M	10x	as long as short
edgeX CLUSDC	−0.0041%	4h	93.173	+0.004%	$530K	$299K	30x	as long as short
Nado WTI-PERP	−0.0029%	1h	93.173	+0.003%	$963K	$653K	10x	as long as short
Lighter WTI	−0.0016%	1h	93.105	−0.070%	$11.2M	$10.5M	20x	as long as short
KuCoin CLUSDTM	−0.0008%	4h	93.154	−0.017%	$7.1M	$2.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	93.113	−0.061%	$8K	$3K	5x	as long as short
Extended WTI-USD	0.0000%	1h	93.140	−0.032%	$2.0M	$21.2M	10x	as long as short
Bybit CLUSDT	0.0000%	8h	93.106	−0.069%	$26.7M	$80.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.160	−0.010%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.210	+0.043%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.085	−0.091%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.620	−0.590%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0014%	8h	93.079	−0.098%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	−0.032%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.130	−0.043%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.102	−0.073%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.057	−0.121%	$2.1M	$60K	20x	as long as short
Pacifica CLshort	+0.0068%	1h	93.091	−0.085%	$329K	$621K	10x
ApeX Omni CLUSDTlong	+0.0100%	1h	93.170	long leg	$56K	$266K	50x
Aevo WTIOIL-PERP	+0.0104%	1h	93.029	−0.151%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0172%	4h	93.130	−0.043%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0210% / S −0.0134%	1h	93.055	−0.123%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.812%	$19K	$11K	30x	as long as short