CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0123%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h +0.030%

Price spread now: Pacifica against QFEX−0.009%7-day average −0.009% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on QFEX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.058%+$6 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.009%, 7d avg −0.009%

Together, before fees+0.076%+ Points / potential airdropPacifica: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CL-USD	93.670	−0.0023	get 0.0003% / 1h	29m 58s	$2.3M	$2.5M	10x
Short	Pacifica CL	93.662	0.0100	get 0.0013% / 1h	29m 58s	$333K	$575K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against QFEX. 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 QFEXbpFee PacificabpOrdersPrice spread, now −0.009%Rate

Funding earned: $25.92
Price spread: −0.009% → −0.009%: $0.05
Slippage, 4 orders: −$11.09
Fee QFEX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.11
Costs to cover: 0.291%
Break-even: 7.8 days

Slippage from QFEX: live order book, 3 min ago; Pacifica: live order book, 14 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 QFEX live order book, 3 min ago	2.14 bp	7.1 bp −$7	7.1 bp −$71	8.9 bp −$891	doesn't fit
Sell Pacifica live order book, 14 min ago	0.11 bp	6.6 bp −$7	doesn't fit	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	−0.0391%	1h	93.600	−0.075%	$197K	$383K	15x	as long as short
Aster CLUSD1	−0.0269%	4h	93.659	−0.011%	$24.6M	$65.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0256%	4h	93.710	+0.043%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0146%	4h	93.630	−0.043%	$247.1M	$918.1M	100x	as long as short
Aftermath Perps WTIUSD	−0.0142%	1h	93.667	−0.003%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.640	−0.032%	$283K	$960K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.659	−0.012%	$13.5M	$10.6M	—	as long as short
Ondo Perps WTI-USD.P	−0.0115%	1h	93.610	−0.064%	$3.5M	$5.4M	20x	as long as short
Gate CL_USDT	−0.0105%	8h	93.550	−0.128%	$22.4M	$49.2M	100x	as long as short
Bitget CLUSDT	−0.0100%	4h	93.599	−0.076%	$42.2M	$42.0M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0096%	4h	93.693	+0.025%	$527K	$306K	30x	as long as short
tradeXYZ xyz:CL	−0.0072%	1h	93.624	−0.049%	$185.0M	$206.7M	20x	as long as short
Nado WTI-PERP	−0.0053%	1h	93.717	+0.050%	$966K	$621K	10x	as long as short
QFEX CL-USDlong	−0.0023%	1h	93.670	long leg	$2.3M	$2.5M	10x
OKX CL-USDT-SWAP	−0.0014%	4h	93.620	−0.053%	$42.6M	$101.4M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.181%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.733	+0.067%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.638	−0.034%	$27.0M	$79.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.721	+0.054%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.760	+0.096%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.637	−0.035%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.188	−0.515%	$5K	—	150x	as long as short
Lighter WTI	+0.0024%	1h	93.629	−0.044%	$11.3M	$9.6M	20x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	93.651	−0.020%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.660	−0.011%	$2.0M	$15.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	+0.011%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.640	−0.032%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.655	−0.016%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.629	−0.044%	$2.1M	$61K	20x	as long as short
Pacifica CLshort	+0.0100%	1h	93.662	−0.009%	$333K	$575K	10x
KuCoin CLUSDTM	+0.0100%	4h	93.683	+0.014%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.690	+0.021%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.597	−0.078%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.97	+9.932%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0224%	4h	93.660	−0.011%	$4.0M	$977K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0179%	1h	93.675	+0.005%	$84K	—	111x	as long as short