Settings8H · net · $10k
Funding arb · Price arb /

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.022%
Price spread now: Pacifica against Coinbase International−0.505%7-day average +0.093% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.226%+$23 on $10k
Price spread, last 4 days (all we have)+0.552%+$55 · spread now −0.505%, 7d avg +0.093%
Together, before fees+0.778%+ Points / potential airdropPacifica: Active · farm board+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.597% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.505% now, against its 7-day average of +0.093%). If the spread goes back, that is −$60 on $10k: about 17 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WTIOIL-PERP-INTX93.540−0.0016get 0.0002% / 1h11m 34s$405K$810K15x
ShortPacifica CL93.0680.0100get 0.0013% / 1h11m 34s$347K$591K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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

Funding earned
$24.36
Price spread: −0.505% → +0.093%
−$59.72
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$53.36
Costs to cover
0.180%
Break-even
22.3 days
Slippage unknown: Coinbase International: live order book, 2 min ago; Pacifica: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago1.08 bp6.6 bp −$79.3 bp −$93doesn't fitdoesn't fit
Sell Pacifica live order book, 27 min ago0.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0395%1h93.030−0.545%$194K$397K15xas long as short
Aster CLUSD1−0.0269%4h93.100−0.470%$24.8M$62.7M20xas long as short
GRVT CL_USDT_Perp−0.0234%4h92.930−0.652%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h93.037−0.538%$275K$929K25xas long as short
Binance CLUSDT−0.0149%4h93.070−0.502%$247.1M$920.8M100xas long as short
Variational Omni CL−0.0143%4h92.971−0.609%$13.5M$10.7Mas long as short
Gate CL_USDT−0.0135%8h93.000−0.577%$23.1M$50.4M100xas long as short
Bitget CLUSDT−0.0114%4h93.059−0.514%$42.3M$41.6M100xas long as short
Nado WTI-PERP−0.0112%1h93.021−0.555%$953K$614K10xas long as short
Aftermath Perps WTIUSD−0.0098%1h92.991−0.587%$2K$26K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0080%4h93.060−0.513%$42.7M$102.8M50xas long as short
QFEX CL-USD−0.0038%1h93.060−0.513%$2.3M$2.4M10xas long as short
edgeX CLUSDC−0.0021%4h93.014−0.562%$523K$306K30xas long as short
tradeXYZ xyz:CL−0.0019%1h93.067−0.506%$184.3M$198.1M20xas long as short
Lighter WTI−0.0016%1h93.047−0.527%$11.2M$9.2M20xas long as short
Coinbase International WTIOIL-PERP-INTXlong−0.0016%1h93.540long leg$405K$810K15x
Ondo Perps WTI-USD.P−0.0009%1h93.030−0.545%$3.6M$5.3M20xas long as short
dYdX WTI-USD0.0000%1h93.077−0.495%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.090−0.481%$27.0M$79.4M150xas long as short
RISEx CL/USDC0.0000%1h93.103−0.467%$3.0M$2.8M20xas long as short
Phoenix WTIOIL0.0000%1h92.950−0.631%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.014−0.562%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.611−0.993%$5K150xas long as short
Paradex CL-USD-PERP+0.0006%8h93.040−0.534%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.100−0.470%$1.7M$15.1M10xas long as short
StandX CL-USD+0.0040%1h92.970−0.609%$737K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.990−0.588%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.000−0.577%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.060−0.513%$2.1M$60K20xas long as short
Pacifica CLshort+0.0100%1h93.068−0.505%$347K$591K10x
KuCoin CLUSDTM+0.0100%4h93.063−0.510%$7.0M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.950−0.631%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.026−0.549%$4K10xas long as short
BloFin CL-USDT+0.0159%4h92.940−0.641%$4.0M$982K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.188%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0259% / S −0.0205%1h93.045−0.529%$83K111xas long as short