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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.019%
Price spread now: Injective against Pacifica+9.992%7-day average · 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 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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 9.992% dearer against Pacifica than usual: you sell high and buy low: +$999 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CL92.8560.0100pay 0.0013% / 1h30m 28s$346K$589K10x
ShortInjective WTI/USDC PERP102.130.0220get 0.0028% / 1h30m 28s$19K$5K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$25.2
Price spread: +9.992% → 0.000%
$999.2
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,016.38
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 3 min ago; Injective: 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, 3 min ago0.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 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−0.0397%1h92.740−0.125%$187K$410K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0314%1h92.752−0.112%$271K$936K25xas long as short
Aster CLUSD1−0.0228%4h92.980+0.134%$24.9M$60.4M20xas long as short
Gate CL_USDT−0.0144%8h92.880+0.026%$23.5M$49.8M100xas long as short
Binance CLUSDT−0.0125%4h92.950+0.101%$246.1M$929.5M100xas long as short
Variational Omni CL−0.0109%4h92.750−0.114%$13.5M$10.7Mas long as short
Nado WTI-PERP−0.0101%1h92.950+0.101%$951K$598K10xas long as short
GRVT CL_USDT_Perp−0.0094%4h92.734−0.131%$75K$624K25xas long as short
Bitget CLUSDT−0.0076%4h92.940+0.091%$42.2M$41.6M100xas long as short
Aftermath Perps WTIUSD−0.0071%1h92.819−0.039%$1K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CLUSDC−0.0068%4h92.769−0.094%$541K$343K30xas long as short
OKX CL-USDT-SWAP−0.0047%4h92.930+0.080%$42.5M$102.9M50xas long as short
QFEX CL-USD−0.0026%1h92.910+0.058%$2.3M$2.4M10xas long as short
tradeXYZ xyz:CL−0.0015%1h92.922+0.071%$184.5M$192.3M20xas long as short
dYdX WTI-USD0.0000%1h92.954+0.105%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.960+0.112%$27.4M$81.5M150xas long as short
RISEx CL/USDC0.0000%1h92.965+0.118%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USD0.0000%1h92.923+0.073%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.330−0.566%$5K150xas long as short
Phoenix WTIOIL+0.0009%1h92.790−0.071%$37K$39K20xas long as short
Paradex CL-USD-PERP+0.0016%8h92.863+0.008%$16K$3675xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h92.610−0.265%$412K$814K15xas long as short
Ondo Perps WTI-USD.P+0.0029%1h92.890+0.037%$3.6M$5.2M20xas long as short
Lighter WTI+0.0032%1h92.870+0.015%$11.3M$8.8M20xas long as short
Extended WTI-USD+0.0032%1h92.890+0.037%$1.7M$14.2M10xas long as short
StandX CL-USD+0.0040%1h92.700−0.168%$730K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.890+0.037%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.944+0.095%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.725−0.141%$2.1M$69K20xas long as short
Pacifica CLlong+0.0100%1h92.856long leg$346K$589K10x
KuCoin CLUSDTM+0.0100%4h92.959+0.111%$7.1M$2.5M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.750−0.114%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.720−0.146%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S −0.0007%1h92.735−0.130%$80K111xas long as short
BloFin CL-USDT+0.0190%4h92.700−0.168%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.13+9.992%$19K$5K30x