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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WTIOIL-PERP-INTX | 92.750 | −0.0040 | get 0.0005% / 1h | 6m 18s | $402K | $944K | 15x |
| Short | Pacifica CL | 92.964 | 0.0100 | get 0.0013% / 1h | 6m 18s | $331K | $619K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 32 min ago | 1.62 bp | 6.9 bp −$7 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 57 min ago | 0.05 bp | 5.4 bp −$5 | 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 | −0.0610% | 1h | 92.950 | +0.216% | $198K | $369K | 15x | as long as short |
| Aster CLUSD1 | −0.0264% | 4h | 92.994 | +0.263% | $24.0M | $68.1M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0246% | 4h | 92.885 | +0.146% | $53K | $635K | 25x | as long as short |
| Binance CLUSDT | −0.0207% | 4h | 92.981 | +0.249% | $244.7M | $951.8M | 100x | as long as short |
| Variational Omni CL | −0.0197% | 4h | 92.897 | +0.158% | $13.5M | $11.2M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0165% | 1h | 92.890 | +0.151% | $3.5M | $5.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0148% | 1h | 93.029 | +0.301% | $961K | $655K | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0082% | 4h | 92.970 | +0.237% | $42.8M | $102.2M | 50x | as long as short |
| Extended WTI-USD | −0.0080% | 1h | 93.030 | +0.302% | $2.1M | $22.1M | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0073% | 1h | 92.977 | +0.245% | $184.3M | $216.8M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0073% | 1h | 92.955 | +0.221% | $2K | $27K | 5x | as long as short |
| Gate CL_USDT | −0.0066% | 8h | 92.930 | +0.194% | $20.9M | $53.2M | 100x | as long as short |
| edgeX CLUSDC | −0.0065% | 4h | 92.900 | +0.161% | $529K | $302K | 30x | as long as short |
| Coinbase International WTIOIL-PERP-INTXlong | −0.0040% | 1h | 92.750 | long leg | $402K | $944K | 15x | |
| QFEX CL-USD | −0.0032% | 1h | 92.950 | +0.216% | $2.5M | $1.7M | 10x | as long as short |
| Bitget CLUSDT | −0.0020% | 4h | 92.972 | +0.239% | $42.1M | $43.5M | 100x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.978 | +0.246% | $11.2M | $10.6M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.937 | +0.201% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.993 | +0.262% | $26.6M | $80.8M | 150x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.940 | +0.205% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.980 | +0.248% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.549 | −0.217% | $5K | — | 150x | as long as short |
| KuCoin CLUSDTM | +0.0006% | 4h | 92.984 | +0.252% | $7.1M | $2.4M | 50x | as long as short |
| Paradex CL-USD-PERP | +0.0010% | 8h | 92.956 | +0.222% | $16K | $367 | 5x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.940 | +0.205% | $733K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.990 | +0.259% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.989 | +0.258% | $1.6M | $1.2M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.976 | +0.244% | $2.1M | $60K | 20x | as long as short |
| RISEx CL/USDC | +0.0066% | 1h | 93.057 | +0.331% | $3.1M | $2.9M | 20x | as long as short |
| Pacifica CLshort | +0.0100% | 1h | 92.964 | +0.231% | $331K | $619K | 10x | |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.960 | +0.226% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.944 | +0.209% | $4K | — | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0105% | 1h | 93.003 | +0.272% | $274K | $872K | 25x | as long as short |
| BloFin CL-USDT | +0.0162% | 4h | 92.930 | +0.194% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0207% / S −0.0131% | 1h | 92.975 | +0.243% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.10 | +10.079% | $19K | $11K | 30x | as long as short |
Coinbase International WTIOIL-PERP-INTX
Pacifica CL
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
OKX CL-USDT-SWAP
Extended WTI-USD
tradeXYZ xyz:CL
Aftermath Perps WTIUSD
Gate CL_USDT
edgeX CLUSDC
Bitget CLUSDT
Lighter WTI
Bybit CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
KuCoin CLUSDTM
Paradex CL-USD-PERP
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
RISEx CL/USDC
ApeX Omni CLUSDT
Kraken Futures PF_WTIOILUSD
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP