CL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0428%/8h= +46.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.005%

Price spread now: Pacifica against Lighter+0.032%7-day average +0.133% · you sell dearer than you buy

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

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−1.055%−$106 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.032%, 7d avg +0.133%

Together, before fees−1.053%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$105 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.100% cheaper against Lighter than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.133%). If the spread goes back, that is −$10 on $10k: about 19 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −1.055%, 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	Lighter WTI	91.756	−0.0328	get 0.0041% / 1h	44m 39s	$11.0M	$11.2M	20x
Short	Pacifica CL	91.786	0.0100	get 0.0013% / 1h	44m 39s	$332K	$572K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter. 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 LighterbpFee PacificabpOrdersPrice spread, now +0.032%Rate

Funding earned: $89.88
Price spread: +0.032% → +0.133%: −$10.04
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $71.84
Costs to cover: 0.080%
Break-even: 1.4 days

Slippage unknown: Lighter: live order book, 4 min ago; Pacifica: live order book, 39 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 Lighter live order book, 4 min ago	0.76 bp	0.9 bp −$1	1.5 bp −$15	8.6 bp −$858	62.6 bp −$31.3K
Sell Pacifica live order book, 39 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
ApeX Omni CLUSDT	−0.0408%	1h	91.820	+0.070%	$55K	$266K	50x	as long as short
Lighter WTIlong	−0.0328%	1h	91.756	long leg	$11.0M	$11.2M	20x
Deribit WTIOIL_USDC-PERPETUAL	−0.0294%	1h	91.790	+0.037%	$95K	$260K	15x	as long as short
Nado WTI-PERP	−0.0229%	1h	91.849	+0.101%	$908K	$755K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0211%	1h	91.740	−0.017%	$3.5M	$6.5M	20x	as long as short
tradeXYZ xyz:CL	−0.0204%	1h	91.795	+0.043%	$184.9M	$285.5M	20x	as long as short
Bullet WTIOIL-USD	−0.0173%	1h	91.778	+0.024%	$19K	$240K	10x	as long as short
Aftermath Perps WTIUSD	−0.0141%	1h	91.775	+0.020%	$2K	$30K	5x	as long as short
Paradex CL-USD-PERP	−0.0083%	8h	91.759	+0.003%	$15K	$367	5x	as long as short
Polymarket Perps WTIOIL-USD	−0.0038%	1h	91.772	+0.017%	$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	−0.0032%	1h	91.850	+0.102%	$2.0M	$29.2M	10x	as long as short
Aster CLUSD1	0.0000%	4h	91.780	+0.026%	$23.9M	$78.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.787	+0.033%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.780	+0.026%	$245.1M	$1.13B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.790	+0.037%	$25.2M	$98.4M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.780	+0.026%	$43.0M	$114.5M	50x	as long as short
QFEX CL-USD	0.0000%	1h	91.760	+0.004%	$2.4M	$2.7M	10x	as long as short
Gate CL_USDT	0.0000%	8h	91.720	−0.039%	$21.2M	$58.8M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.782	+0.028%	$42.0M	$64.4M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.756	0.000%	$13.4M	$14.5M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.751	−0.006%	$58K	$734K	25x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.376	−0.414%	$40K	—	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.820	+0.070%	$33K	$99K	20x	as long as short
edgeX CLUSDC	+0.0010%	4h	91.766	+0.011%	$528K	$342K	30x	as long as short
StandX CL-USD	+0.0040%	1h	91.720	−0.039%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	91.880	+0.135%	—	$243K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.775	+0.021%	$2.0M	$39K	20x	as long as short
Pacifica CLshort	+0.0100%	1h	91.786	+0.032%	$332K	$572K	10x
KuCoin CLUSDTM	+0.0100%	4h	91.788	+0.035%	$7.3M	$2.0M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.746	−0.010%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	91.720	−0.039%	$384K	$1.2M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	101.08	+10.160%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0211% / S −0.0127%	1h	91.765	+0.010%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.770	+0.015%	$4.0M	$1.5M	50x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0451%	1h	91.792	+0.040%	$256K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	91.882	+0.138%	$3.2M	$2.7M	20x	as long as short