CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0161%/8h= −17.7% APRnext payment −$0.20 per $10,000 · paid last 24h −0.040%

Price spread now: Nado against Pacifica+0.023%50s7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.220% of the position

Long on Pacifica Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.096%−$10 on $10k

Price spread, last 4 days (all we have)−0.601%−$60 · spread now +0.023%, 7d avg +0.014%

Together, before fees−0.697%+ Points / potential airdropPacifica: Active · Nado: Active · farm board−$70 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	93.408	0.0047	pay 0.0006% / 1h	8m 35s	$332K	$577K	10x
Short	Nado WTI-PERP	93.430	−0.0115	pay 0.0014% / 1h	8m 35s	$972K	$631K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.023%Rate

Funding earned: −$33.86
Price spread: +0.023% → +0.014%: $0.93
Slippage, 4 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$54.94
Costs to cover: 0.220%
Break-even: never at this rate

Slippage from Pacifica: live order book, 40 min ago; Nado: live order book, 40 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, 40 min ago	1.29 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 40 min ago	0.05 bp	4.5 bp −$5	8.4 bp −$84	28.1 bp −$2,808	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	−0.0285%	1h	93.420	+0.013%	$196K	$377K	15x	as long as short
GRVT CL_USDT_Perp	−0.0280%	4h	93.511	+0.110%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0280%	4h	93.430	+0.023%	$24.4M	$64.6M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.433	+0.027%	$285K	$959K	25x	as long as short
Binance CLUSDT	−0.0173%	4h	93.401	−0.008%	$245.9M	$930.7M	100x	as long as short
Variational Omni CL	−0.0165%	4h	93.509	+0.108%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0155%	1h	93.474	+0.071%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0122%	4h	93.380	−0.030%	$42.1M	$42.7M	100x	as long as short
Nado WTI-PERPshort	−0.0115%	1h	93.430	+0.023%	$972K	$631K	10x
Gate CL_USDT	−0.0077%	8h	93.330	−0.084%	$22.0M	$50.3M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps WTI-USD.P	−0.0074%	1h	93.400	−0.009%	$3.5M	$5.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0074%	1h	93.396	−0.013%	$184.8M	$212.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.098%	$404K	$931K	15x	as long as short
OKX CL-USDT-SWAP	−0.0038%	4h	93.410	+0.002%	$42.7M	$102.4M	50x	as long as short
QFEX CL-USD	−0.0032%	1h	93.400	−0.009%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0020%	4h	93.498	+0.097%	$526K	$305K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.405	−0.003%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.417	+0.010%	$27.0M	$79.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.456	+0.051%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.540	+0.141%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.430	+0.024%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.990	−0.447%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0019%	8h	93.391	−0.019%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.390	−0.019%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.430	+0.024%	$2.0M	$16.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.450	+0.045%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.430	+0.024%	—	$313K	10x	as long as short
Pacifica CLlong	+0.0047%	1h	93.408	long leg	$332K	$577K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.395	−0.014%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.440	+0.034%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0094%	4h	93.428	+0.021%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.580	+0.184%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.414	+0.006%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0199%	4h	93.420	+0.013%	$4.0M	$989K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.889%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0240% / S −0.0173%	1h	93.435	+0.029%	$84K	—	111x	as long as short