CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.006%

Price spread now: RISEx against Pacifica+0.056%7-day average +0.067% · 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−$21as in the Price arb table

costs, in and out, $10k−$200.200% of the position

Long on Pacifica Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.056%, 7d avg +0.067%

Together, before fees+0.049%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.104%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	93.454	0.0047	pay 0.0006% / 1h	26m 33s	$332K	$576K	10x
Short	RISEx CL/USDC	93.507	0	get 0.0000% / 1h	26m 33s	$3.1M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$9.81
Price spread: +0.056% → +0.067%: −$1.03
Slippage, 4 orders: −$6.05
Fee Pacifica: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$30.89
Costs to cover: 0.200%
Break-even: never at this rate

Slippage from Pacifica: live order book, 22 min ago; RISEx: live order book, 2 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, 22 min ago	1.29 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.80 bp	3.8 bp −$4	4.7 bp −$47	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	−0.0499%	1h	93.390	−0.068%	$197K	$374K	15x	as long as short
GRVT CL_USDT_Perp	−0.0320%	4h	93.424	−0.032%	$58K	$639K	25x	as long as short
Aster CLUSD1	−0.0303%	4h	93.474	+0.022%	$24.4M	$65.1M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.456	+0.002%	$285K	$960K	25x	as long as short
Binance CLUSDT	−0.0190%	4h	93.462	+0.008%	$246.6M	$933.5M	100x	as long as short
Variational Omni CL	−0.0184%	4h	93.331	−0.132%	$13.3M	$10.8M	—	as long as short
Aftermath Perps WTIUSD	−0.0149%	1h	93.406	−0.052%	$2K	$26K	5x	as long as short
Nado WTI-PERP	−0.0133%	1h	93.484	+0.033%	$967K	$617K	10x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.451	−0.003%	$42.1M	$42.9M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0117%	1h	93.400	−0.058%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0081%	4h	93.377	−0.082%	$525K	$305K	30x	as long as short
Gate CL_USDT	−0.0078%	8h	93.390	−0.068%	$21.8M	$49.7M	100x	as long as short
tradeXYZ xyz:CL	−0.0064%	1h	93.459	+0.005%	$185.0M	$214.8M	20x	as long as short
OKX CL-USDT-SWAP	−0.0060%	4h	93.450	−0.004%	$42.7M	$102.6M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.315%	$403K	$928K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.460	+0.006%	$2.3M	$2.4M	10x	as long as short
Lighter WTI	0.0000%	1h	93.443	−0.012%	$11.2M	$9.9M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.496	+0.044%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.480	+0.028%	$27.1M	$79.7M	150x	as long as short
RISEx CL/USDCshort	0.0000%	1h	93.507	+0.056%	$3.1M	$2.9M	20x
Phoenix WTIOIL	0.0000%	1h	93.380	−0.079%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.463	+0.010%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.005	−0.480%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0006%	8h	93.434	−0.021%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.480	+0.028%	$2.0M	$17.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.440	−0.015%	$740K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.450	−0.004%	—	$313K	10x	as long as short
Pacifica CLlong	+0.0047%	1h	93.454	long leg	$332K	$576K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.450	−0.004%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.425	−0.031%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0058%	4h	93.484	+0.032%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.500	+0.049%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.413	−0.044%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0179%	4h	93.490	+0.039%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.60	+9.790%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0237% / S −0.0169%	1h	93.465	+0.012%	$84K	—	111x	as long as short