CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.013%

Price spread now: StandX against Pacifica−0.034%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Pacifica Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.726%−$73 · spread now −0.034%, 7d avg −0.044%

Together, before fees−0.686%+ Points / potential airdropPacifica: Active · StandX: Active · farm board−$69 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CL	93.202	0.0100	pay 0.0013% / 1h	46m 32s	$331K	$597K	10x
Short	StandX CL-USD	93.170	0.0040	get 0.0005% / 1h	46m 32s	$736K	$2.9M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$12.6
Price spread: −0.034% → −0.044%: $0.99
Slippage, 4 orders: −$20.28
Fee Pacifica: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$47.89
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Pacifica: live order book, 7 min ago; StandX: 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, 7 min ago	0.11 bp	6.5 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	2.15 bp	6.1 bp −$6	6.1 bp −$61	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	−0.0393%	1h	93.200	−0.002%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.222	+0.022%	$24.1M	$67.0M	20x	as long as short
GRVT CL_USDT_Perp	−0.0192%	4h	93.168	−0.036%	$54K	$658K	25x	as long as short
Binance CLUSDT	−0.0171%	4h	93.191	−0.012%	$245.4M	$943.1M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	−0.089%	$13.5M	$10.7M	—	as long as short
Nado WTI-PERP	−0.0125%	1h	93.244	+0.046%	$965K	$645K	10x	as long as short
Bitget CLUSDT	−0.0122%	4h	93.185	−0.018%	$42.0M	$43.3M	100x	as long as short
Aftermath Perps WTIUSD	−0.0113%	1h	93.145	−0.061%	$2K	$27K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0112%	1h	93.200	−0.002%	$3.5M	$5.3M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.227	+0.027%	$269K	$946K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0049%	8h	93.150	−0.055%	$21.0M	$50.8M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.013%	$401K	$928K	15x	as long as short
OKX CL-USDT-SWAP	−0.0035%	4h	93.200	−0.002%	$42.6M	$103.0M	50x	as long as short
QFEX CL-USD	−0.0033%	1h	93.180	−0.023%	$2.3M	$1.8M	10x	as long as short
edgeX CLUSDC	−0.0019%	4h	93.176	−0.027%	$524K	$307K	30x	as long as short
KuCoin CLUSDTM	−0.0012%	4h	93.224	+0.024%	$7.1M	$2.4M	50x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.220	+0.020%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.272	+0.076%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.220	+0.020%	$27.0M	$80.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.270	+0.073%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.232	+0.033%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.785	−0.447%	$5K	—	150x	as long as short
tradeXYZ xyz:CL	+0.0003%	1h	93.202	0.000%	$184.6M	$218.9M	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.182	−0.022%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.195	−0.007%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.230	+0.030%	$2.0M	$19.6M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	93.170	−0.034%	$736K	$2.9M	40x
Vest CL-PERP	+0.0046%	1h	93.230	+0.030%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.236	+0.037%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.222	+0.022%	$2.1M	$60K	20x	as long as short
Pacifica CLlong	+0.0100%	1h	93.202	long leg	$331K	$597K	10x
ApeX Omni CLUSDT	+0.0100%	1h	93.260	+0.063%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.190	−0.013%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0204%	4h	93.210	+0.009%	$4.0M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0219% / S −0.0147%	1h	93.225	+0.025%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.618%	$19K	$11K	30x	as long as short