CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.014%

Price spread now: StandX against Pacifica+0.033%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Pacifica Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.585%−$59 · spread now +0.033%, 7d avg −0.044%

Together, before fees−0.545%+ Points / potential airdropPacifica: Active · StandX: Active · farm board−$54 on $10k · with fees, hour by hour

The price spread pays, funding is against you. StandX is 0.077% dearer against Pacifica than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.044%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	93.559	0.0100	pay 0.0013% / 1h	17m 11s	$333K	$573K	10x
Short	StandX CL-USD	93.590	0.0040	get 0.0005% / 1h	17m 11s	$742K	$2.8M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Pacifica. 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 PacificabpFee StandXbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$12.6
Price spread: +0.033% → −0.044%: $7.72
Slippage, 4 orders: −$14.84
Fee Pacifica: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$35.72
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Pacifica: live order book, 27 min ago; StandX: 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 Pacifica live order book, 27 min ago	0.11 bp	6.6 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	4.81 bp	8.8 bp −$9	11.8 bp −$118	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	−0.0391%	1h	93.590	+0.033%	$196K	$385K	15x	as long as short
Aster CLUSD1	−0.0284%	4h	93.640	+0.087%	$24.6M	$65.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0278%	4h	93.509	−0.053%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0154%	4h	93.610	+0.055%	$247.0M	$918.0M	100x	as long as short
Aftermath Perps WTIUSD	−0.0139%	1h	93.595	+0.039%	$2K	$26K	5x	as long as short
Variational Omni CL	−0.0139%	4h	93.559	0.000%	$13.5M	$10.6M	—	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.606	+0.051%	$282K	$962K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0131%	1h	93.550	−0.009%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0118%	8h	93.500	−0.063%	$22.6M	$50.0M	100x	as long as short
Bitget CLUSDT	−0.0114%	4h	93.578	+0.020%	$42.4M	$42.1M	100x	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	−0.0080%	1h	93.597	+0.041%	$185.0M	$205.1M	20x	as long as short
Nado WTI-PERP	−0.0057%	1h	93.615	+0.060%	$965K	$619K	10x	as long as short
OKX CL-USDT-SWAP	−0.0036%	4h	93.580	+0.023%	$42.9M	$101.9M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	93.570	+0.012%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.063%	$404K	$916K	15x	as long as short
edgeX CLUSDC	0.0000%	4h	93.551	−0.008%	$526K	$306K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.562	+0.004%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.590	+0.033%	$26.8M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.610	+0.055%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.620	+0.065%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.577	+0.019%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.141	−0.447%	$5K	—	150x	as long as short
Lighter WTI	+0.0008%	1h	93.597	+0.041%	$11.3M	$9.7M	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.540	−0.020%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.650	+0.097%	$2.0M	$15.4M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	93.590	+0.033%	$742K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	93.580	+0.023%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.561	+0.002%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.602	+0.046%	$2.1M	$60K	20x	as long as short
Pacifica CLlong	+0.0100%	1h	93.559	long leg	$333K	$573K	10x
KuCoin CLUSDTM	+0.0100%	4h	93.625	+0.071%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.660	+0.108%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.571	+0.013%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0207%	4h	93.570	+0.012%	$4.0M	$970K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.82	+9.898%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0248% / S −0.0182%	1h	93.595	+0.039%	$84K	—	111x	as long as short