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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0123%/8h= −13.5% APRnext payment $0.15 per $10,000 · paid last 24h +0.012%
Price spread now: GMX against Pacifica−0.018%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CL89.3110.0100pay 0.0013% / 1h6m 34s$306K$747K10x
ShortGMX WTIOIL/USD [ETH-USDC]89.295L +0.0161% / S +0.0023%pay 0.0003% / 1h6m 34s$71K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$25.89
Price spread: −0.018% → 0.000%
−$1.79
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$47.68
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 40 min ago; GMX: no order-book sample. 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 Pacifica live order book, 40 min ago0.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0342%1h89.269−0.047%$304K$1.9M25xas long as short
Aftermath Perps WTIUSD−0.0139%1h89.482+0.191%$1K$26K5xas long as short
GRVT CL_USDT_Perp−0.0102%4h89.477+0.186%$67K$645K25xas long as short
tradeXYZ xyz:CL−0.0098%1h89.270−0.046%$174.1M$248.2M20xas long as short
Bitget CLUSDT−0.0088%4h89.325+0.016%$40.7M$56.6M100xas long as short
Aster CLUSD1−0.0070%4h89.340+0.032%$24.2M$72.4M20xas long as short
edgeX CLUSDC−0.0059%4h89.581+0.302%$499K$374K30xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h89.760+0.503%$416K$1.5M15xas long as short
Ondo Perps WTI-USD.P−0.0029%1h89.250−0.068%$3.3M$6.4M20xas long as short
QFEX CL-USD−0.0025%1h89.320+0.010%$2.2M$2.8M10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CLUSDT−0.0024%4h89.291−0.023%$241.2M$1.20B100xas long as short
Nado WTI-PERP−0.0023%1h89.368+0.064%$874K$684K10xas long as short
Gate CL_USDT−0.0009%8h89.270−0.046%$23.7M$56.8M100xas long as short
Variational Omni CL−0.0002%4h89.722+0.460%$12.5M$11.2Mas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.009−0.338%$606150xas long as short
dYdX WTI-USD0.0000%1h89.322+0.013%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h89.282−0.032%$28.8M$110.0M150xas long as short
OKX CL-USDT-SWAP0.0000%4h89.260−0.057%$40.3M$133.6M50xas long as short
RISEx CL/USDC0.0000%1h89.385+0.082%$2.8M$3.1M20xas long as short
Phoenix WTIOIL0.0000%1h89.710+0.447%$33K$39K20xas long as short
Bullet WTIOIL-USD0.0000%1h89.319+0.009%$18K$235K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h89.300−0.012%$39K$650K15xas long as short
Extended WTI-USD+0.0008%1h89.350+0.044%$1.3M$13.6M10xas long as short
Paradex CL-USD-PERP+0.0027%8h89.331+0.022%$15K$4585xas long as short
Lighter WTI+0.0032%1h89.293−0.020%$10.5M$11.0M20xas long as short
StandX CL-USD+0.0040%1h89.330+0.021%$689K$2.7M40xas long as short
Vest CL-PERP+0.0046%1h89.330+0.021%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h89.279−0.036%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h89.300−0.012%$2.0M$83K20xas long as short
Pacifica CLlong+0.0100%1h89.311long leg$306K$747K10x
KuCoin CLUSDTM+0.0100%4h89.253−0.065%$6.9M$3.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h89.360+0.055%$52K$268K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h89.284−0.030%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0161% / S +0.0023%1h89.295−0.018%$71K111x
Injective WTI/USDC PERP+0.0220%1h90.137+0.925%$16K$5K30xas long as short
BloFin CL-USDT+0.0240%4h89.360+0.055%$3.9M$1.0M50xas long as short