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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.17 per $10,000 · paid last 24h +0.035%
Price spread now: Pacifica against tradeXYZ−0.053%7-day average −0.022% · you buy dearer than you sell
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 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.053%, 7d avg −0.022%
Together, before fees+0.140%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.031% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.022%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.064% in total) that is about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CL93.139−0.0037get 0.0005% / 1h33m 20s$184.1M$199.7M20x
ShortPacifica CL93.0900.0100get 0.0013% / 1h33m 20s$347K$593K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against tradeXYZ. 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
$28.79
Price spread: −0.053% → −0.022%
−$3.06
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$0.27
Costs to cover
0.260%
Break-even
7.1 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Pacifica: live order book, 5 min ago. 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 tradeXYZ live order book, 7 min ago0.27 bp9.7 bp −$1010.2 bp −$102doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago0.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0501%1h93.110−0.031%$194K$395K15xas long as short
Aster CLUSD1−0.0288%4h93.153+0.015%$24.7M$64.6M20xas long as short
GRVT CL_USDT_Perp−0.0262%4h93.080−0.063%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h93.135−0.004%$275K$939K25xas long as short
Binance CLUSDT−0.0161%4h93.133−0.007%$247.3M$922.5M100xas long as short
Variational Omni CL−0.0143%4h93.137−0.002%$13.4M$10.6Mas long as short
Gate CL_USDT−0.0128%8h93.060−0.085%$22.9M$49.2M100xas long as short
Bitget CLUSDT−0.0124%4h93.141+0.002%$42.3M$41.7M100xas long as short
Aftermath Perps WTIUSD−0.0111%1h93.161+0.023%$2K$26K5xas long as short
Nado WTI-PERP−0.0098%1h93.156+0.018%$955K$623K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0075%4h93.110−0.031%$42.7M$102.9M50xas long as short
edgeX CLUSDC−0.0057%4h93.176+0.040%$524K$305K30xas long as short
QFEX CL-USD−0.0038%1h93.090−0.053%$2.3M$2.5M10xas long as short
tradeXYZ xyz:CLlong−0.0037%1h93.139long leg$184.1M$199.7M20x
Ondo Perps WTI-USD.P−0.0022%1h93.010−0.139%$3.6M$5.3M20xas long as short
Lighter WTI−0.0016%1h93.085−0.058%$11.2M$9.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.431%$405K$810K15xas long as short
Paradex CL-USD-PERP−0.0005%8h93.062−0.082%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.085−0.058%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.140+0.001%$26.7M$79.1M150xas long as short
RISEx CL/USDC0.0000%1h93.136−0.003%$3.0M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.170+0.033%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.136−0.003%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.692−0.480%$5K150xas long as short
Extended WTI-USD+0.0008%1h93.170+0.033%$1.7M$15.2M10xas long as short
StandX CL-USD+0.0040%1h93.150+0.012%$738K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.120−0.020%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.111−0.030%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.144+0.005%$2.1M$60K20xas long as short
Pacifica CLshort+0.0100%1h93.090−0.053%$347K$593K10x
KuCoin CLUSDTM+0.0100%4h93.117−0.024%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.020−0.128%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.101−0.041%$4K10xas long as short
BloFin CL-USDT+0.0171%4h93.100−0.042%$4.0M$982K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.45+9.997%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0244% / S −0.0169%1h93.125−0.015%$78K111xas long as short