CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0237%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h +0.040%

Price spread now: Pacifica against Kraken Futures−0.025%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on Kraken Futures Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.359%+$36 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.025%, 7d avg −0.027%

Together, before fees+0.424%+ Points / potential airdropPacifica: Active · farm board+$42 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WTIOILUSD	93.617	−0.0137	get 0.0017% / 1h	41m 25s	$286K	$956K	25x
Short	Pacifica CL	93.594	0.0100	get 0.0013% / 1h	41m 25s	$333K	$576K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Kraken Futures. 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 Kraken FuturesbpFee PacificabpOrdersPrice spread, now −0.025%Rate

Funding earned: $49.78
Price spread: −0.025% → −0.027%: $0.23
Slippage, 4 orders: −$14.26
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $17.75
Costs to cover: 0.323%
Break-even: 4.5 days

Slippage from Kraken Futures: live order book, 7 min ago; Pacifica: live order book, 2 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 Kraken Futures live order book, 7 min ago	2.08 bp	9.3 bp −$9	23.4 bp −$234	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	0.11 bp	6.6 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	−0.0498%	1h	93.570	−0.050%	$196K	$381K	15x	as long as short
Aster CLUSD1	−0.0261%	4h	93.630	+0.014%	$24.5M	$65.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.620	+0.003%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0145%	4h	93.594	−0.024%	$246.3M	$924.8M	100x	as long as short
Aftermath Perps WTIUSD	−0.0140%	1h	93.627	+0.011%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSDlong	−0.0137%	1h	93.617	long leg	$286K	$956K	25x
Variational Omni CL	−0.0135%	4h	93.599	−0.020%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0102%	4h	93.606	−0.012%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0098%	8h	93.510	−0.114%	$22.3M	$48.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0086%	1h	93.540	−0.082%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0058%	1h	93.625	+0.008%	$185.0M	$211.0M	20x	as long as short
edgeX CLUSDC	−0.0055%	4h	93.649	+0.034%	$526K	$307K	30x	as long as short
Nado WTI-PERP	−0.0037%	1h	93.692	+0.080%	$966K	$627K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.590	−0.029%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.610	−0.008%	$42.6M	$101.8M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.125%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	+0.036%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.604	−0.014%	$27.0M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.639	+0.024%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.640	+0.024%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.627	+0.011%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.181	−0.466%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0029%	8h	93.589	−0.030%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.589	−0.030%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.630	+0.014%	$2.0M	$16.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	+0.067%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.640	+0.024%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.595	−0.024%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.621	+0.004%	$2.1M	$60K	20x	as long as short
Pacifica CLshort	+0.0100%	1h	93.594	−0.025%	$333K	$576K	10x
KuCoin CLUSDTM	+0.0100%	4h	93.633	+0.017%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.680	+0.067%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.583	−0.037%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.74	+9.749%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0226%	4h	93.640	+0.024%	$4.0M	$978K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0179%	1h	93.615	−0.002%	$84K	—	111x	as long as short