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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.017%
Price spread now: Pacifica against Coinbase International+0.231%7-day average +0.089% · you sell dearer than you buy
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+0.238%+$24 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.231%, 7d avg +0.089%
Together, before fees+0.191%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.142% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WTIOIL-PERP-INTX92.750−0.0040get 0.0005% / 1h6m 18s$402K$944K15x
ShortPacifica CL92.9640.0100get 0.0013% / 1h6m 18s$331K$619K10x

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
$29.4
Price spread: +0.231% → +0.089%
$14.17
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$25.57
Costs to cover
0.180%
Break-even
0.9 days
Slippage unknown: Coinbase International: live order book, 32 min ago; Pacifica: live order book, 57 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, 32 min ago1.62 bp6.9 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Pacifica live order book, 57 min ago0.05 bp5.4 bp −$5doesn'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−0.0610%1h92.950+0.216%$198K$369K15xas long as short
Aster CLUSD1−0.0264%4h92.994+0.263%$24.0M$68.1M20xas long as short
GRVT CL_USDT_Perp−0.0246%4h92.885+0.146%$53K$635K25xas long as short
Binance CLUSDT−0.0207%4h92.981+0.249%$244.7M$951.8M100xas long as short
Variational Omni CL−0.0197%4h92.897+0.158%$13.5M$11.2Mas long as short
Ondo Perps WTI-USD.P−0.0165%1h92.890+0.151%$3.5M$5.6M20xas long as short
Nado WTI-PERP−0.0148%1h93.029+0.301%$961K$655K10xas long as short
OKX CL-USDT-SWAP−0.0082%4h92.970+0.237%$42.8M$102.2M50xas long as short
Extended WTI-USD−0.0080%1h93.030+0.302%$2.1M$22.1M10xas long as short
tradeXYZ xyz:CL−0.0073%1h92.977+0.245%$184.3M$216.8M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0073%1h92.955+0.221%$2K$27K5xas long as short
Gate CL_USDT−0.0066%8h92.930+0.194%$20.9M$53.2M100xas long as short
edgeX CLUSDC−0.0065%4h92.900+0.161%$529K$302K30xas long as short
Coinbase International WTIOIL-PERP-INTXlong−0.0040%1h92.750long leg$402K$944K15x
QFEX CL-USD−0.0032%1h92.950+0.216%$2.5M$1.7M10xas long as short
Bitget CLUSDT−0.0020%4h92.972+0.239%$42.1M$43.5M100xas long as short
Lighter WTI0.0000%1h92.978+0.246%$11.2M$10.6M20xas long as short
dYdX WTI-USD0.0000%1h92.937+0.201%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.993+0.262%$26.6M$80.8M150xas long as short
Phoenix WTIOIL0.0000%1h92.940+0.205%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.980+0.248%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.549−0.217%$5K150xas long as short
KuCoin CLUSDTM+0.0006%4h92.984+0.252%$7.1M$2.4M50xas long as short
Paradex CL-USD-PERP+0.0010%8h92.956+0.222%$16K$3675xas long as short
StandX CL-USD+0.0040%1h92.940+0.205%$733K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.990+0.259%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.989+0.258%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.976+0.244%$2.1M$60K20xas long as short
RISEx CL/USDC+0.0066%1h93.057+0.331%$3.1M$2.9M20xas long as short
Pacifica CLshort+0.0100%1h92.964+0.231%$331K$619K10x
ApeX Omni CLUSDT+0.0100%1h92.960+0.226%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.944+0.209%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h93.003+0.272%$274K$872K25xas long as short
BloFin CL-USDT+0.0162%4h92.930+0.194%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.975+0.243%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.10+10.079%$19K$11K30xas long as short