Spread before costs (cost unknown: a leg has no order-book sample)−0.058%
7d average—if it closes, per $10,000$6funding while held, a day−$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo WTIOIL-PERP | 91.923 | 0.0104 | pay 0.0013% / 1h | 55m 43s | $4K | $49 | 10x |
| Short | Gate CL_USDT | 91.870 | 0 | get 0.0000% / 8h | 7h 55m | $21.4M | $57.1M | 100x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.77
- Funding while held
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.89
- Spread needed to break even
- 0.310%
Slippage unknown: Aevo: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0104%
- Per $10,000 a day
- −$3.12
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 0.54 bp | 9.7 bp −$10 | 13.9 bp −$139 | 29.8 bp −$2,976 | 35.9 bp −$17.9K |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CL price on every exchange
against the cheapest. Click to use as the short leg.CL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) WTI/USD | −0.293% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDTshort | −0.058% | 0.0000% | 8h | $21.4M | $57.1M | 100x | |
| Aster CLUSD1 | −0.014% | 0.0000% | 4h | $24.9M | $62.2M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.014% | 0.0000% | 4h | $44.0M | $101.4M | 50x | as long as short |
| Lighter WTI | −0.007% | 0.0000% | 1h | $11.0M | $11.8M | 20x | as long as short |
| Bitget CLUSDT | −0.007% | 0.0000% | 4h | $43.1M | $58.0M | 100x | as long as short |
| Binance CLUSDT | −0.005% | 0.0000% | 4h | $248.7M | $953.7M | 100x | as long as short |
| Paradex CL-USD-PERP | −0.005% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Bybit CLUSDT | −0.003% | 0.0000% | 8h | $24.9M | $87.7M | 150x | as long as short |
| Ondo Perps WTI-USD.P | −0.003% | +0.0050% | 1h | $3.5M | $5.6M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo WTIOIL-PERPlong | 0.000% | +0.0104% | 1h | $4K | $49 | 10x | |
| SoDEX CL-USD | +0.002% | +0.0050% | 1h | $2.0M | $27K | 20x | as long as short |
| Pacifica CL | +0.006% | +0.0100% | 1h | $349K | $342K | 10x | as long as short |
| tradeXYZ xyz:CL | +0.015% | +0.0003% | 1h | $183.9M | $254.2M | 20x | as long as short |
| RISEx CL/USDC | +0.016% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.018% | 0.0000% | 1h | $96K | $453K | 15x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.024% | L +0.0133% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| Bullet WTIOIL-USD | +0.030% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.032% | −0.0038% | 1h | $300K | $1.2M | 25x | as long as short |
| KuCoin CLUSDTM | +0.037% | +0.0100% | 4h | $7.4M | $811K | 50x | as long as short |
| QFEX CL-USD | +0.040% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Variational Omni CL | +0.045% | 0.0000% | 4h | $12.7M | $17.1M | — | as long as short |
| Extended WTI-USD | +0.051% | +0.0032% | 1h | $2.0M | $30.3M | 10x | as long as short |
| Vest CL-PERP | +0.051% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.063% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Nado WTI-PERP | +0.088% | +0.0035% | 1h | $779K | $751K | 10x | as long as short |
| dYdX WTI-USD | +0.109% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| BloFin CL-USDT | +0.258% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.284% | −0.0059% | 1h | $2K | $36K | 5x | as long as short |
| StandX CL-USD | +0.323% | −0.0208% | 1h | $727K | $2.0M | 40x | as long as short |
| Phoenix WTIOIL | +0.345% | +0.0035% | 1h | $36K | $267K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.388% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.388% | +0.0016% | 1h | $378K | $943K | 15x | as long as short |
| edgeX CLUSDC | +0.403% | −0.0071% | 4h | $528K | $324K | 30x | as long as short |
| Injective WTI/USDC PERP | +0.731% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |
Gate CL_USDT
gTrade (Gains Network)
Aster
OKX
Lighter
Bitget
Binance
Paradex
Bybit
SoDEX
Pacifica
tradeXYZ
RISEx
Deribit
GMX
Bullet
Kraken Futures
KuCoin
Variational Omni
Extended
Polymarket Perps
BloFin
StandX
Phoenix
ApeX Omni
Coinbase International
Injective