Spread before costs (cost unknown: a leg has no order-book sample)+0.063%
7d average—if it closes, per $10,000$6funding while held, a day−$2.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo WTIOIL-PERP | 91.756 | 0.0104 | pay 0.0013% / 1h | 29m 22s | $4K | $49 | 10x |
| Short | Lighter WTI | 91.814 | 0.0032 | get 0.0004% / 1h | 29m 22s | $11.0M | $11.7M | 20x |
Aevo WTIOIL-PERP
Lighter WTIPrice 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
- $6.27
- Funding while held
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.89
- Spread needed to break even
- 0.160%
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0072%
- Per $10,000 a day
- −$2.16
- 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 Lighter live order book, 6 min ago | 0.87 bp | 0.9 bp −$1 | 1.1 bp −$11 | 6.3 bp −$631 | 28.3 bp −$14.2K |
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.gTrade (Gains Network)91.505cheapestOndo Perps91.620+0.126%Paradex91.665+0.175%Pacifica91.687+0.199%Coinbase International91.690+0.202%Gate91.700+0.213%ApeX Omni91.700+0.213%Aster91.720+0.235%QFEX91.720+0.235%Vest91.730+0.246%GMX91.745+0.262%dYdX91.747+0.264%Bullet91.749+0.266%Nado91.754+0.273%RISEx91.755+0.273%tradeXYZ91.755+0.273%
gTrade (Gains Network)
Ondo Perps
Paradex
Pacifica
Coinbase International
Gate
ApeX Omni
Aster
QFEX
Vest
GMX
dYdX
Bullet
Nado
RISEx
tradeXYZAevo91.756+0.275%
Binance91.762+0.281%KuCoin91.767+0.286%StandX91.770+0.290%Kraken Futures91.771+0.290%Polymarket Perps91.778+0.298%Bybit91.780+0.301%Variational Omni91.783+0.304%OKX91.790+0.311%Deribit91.800+0.322%SoDEX91.803+0.326%BloFin91.810+0.333%
Binance
KuCoin
StandX
Kraken Futures
Polymarket Perps
Bybit
Variational Omni
OKX
Deribit
SoDEX
BloFinLighter91.814+0.338%
Extended91.820+0.344%Bitget91.821+0.345%Phoenix91.860+0.388%Aftermath Perps91.888+0.419%edgeX91.917+0.450%Injective92.595+1.191%
Extended
Bitget
Phoenix
InjectiveCL 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 | −0.274% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Ondo Perps WTI-USD.P | −0.149% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.100% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Pacifica CL | −0.076% | +0.0100% | 1h | $342K | $310K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.072% | +0.0024% | 1h | $378K | $935K | 15x | as long as short |
| Gate CL_USDT | −0.062% | −0.0142% | 8h | $21.3M | $56.1M | 100x | as long as short |
| ApeX Omni CLUSDT | −0.062% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Aster CLUSD1 | −0.040% | −0.0025% | 4h | $24.6M | $60.1M | 20x | as long as short |
| QFEX CL-USD | −0.040% | −0.0015% | 1h | $2.3M | $2.7M | 10x | as long as short |
| Vest CL-PERP | −0.029% | +0.0046% | 1h | — | $86K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX WTIOIL/USD [ETH-USDC] | −0.013% | L +0.0137% / S +0.0043% | 1h | $77K | — | 111x | as long as short |
| dYdX WTI-USD | −0.011% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Bullet WTIOIL-USD | −0.009% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| Nado WTI-PERP | −0.002% | −0.0053% | 1h | $816K | $704K | 10x | as long as short |
| RISEx CL/USDC | −0.002% | 0.0000% | 1h | $3.0M | $1.2M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.002% | +0.0011% | 1h | $182.1M | $238.9M | 20x | as long as short |
| Aevo WTIOIL-PERPlong | 0.000% | +0.0104% | 1h | $4K | $49 | 10x | |
| Binance CLUSDT | +0.006% | 0.0000% | 4h | $252.5M | $869.8M | 100x | as long as short |
| KuCoin CLUSDTM | +0.011% | +0.0100% | 4h | $7.4M | $804K | 50x | as long as short |
| StandX CL-USD | +0.015% | +0.0040% | 1h | $726K | $1.6M | 40x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.015% | +0.0058% | 1h | $360K | $1.0M | 25x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.023% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Bybit CLUSDT | +0.026% | 0.0000% | 8h | $23.9M | $80.7M | 150x | as long as short |
| Variational Omni CL | +0.029% | 0.0000% | 4h | $12.4M | $16.9M | — | as long as short |
| OKX CL-USDT-SWAP | +0.037% | 0.0000% | 4h | $44.5M | $94.3M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.047% | −0.0077% | 1h | $96K | $456K | 15x | as long as short |
| SoDEX CL-USD | +0.051% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| BloFin CL-USDT | +0.058% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Lighter WTIshort | +0.063% | +0.0032% | 1h | $11.0M | $11.7M | 20x | |
| Extended WTI-USD | +0.069% | +0.0032% | 1h | $1.8M | $30.2M | 10x | as long as short |
| Bitget CLUSDT | +0.070% | 0.0000% | 4h | $42.6M | $56.1M | 100x | as long as short |
| Phoenix WTIOIL | +0.113% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.143% | −0.0086% | 1h | $1K | $37K | 5x | as long as short |
| edgeX CLUSDC | +0.175% | −0.0028% | 4h | $526K | $320K | 30x | as long as short |
| Injective WTI/USDC PERP | +0.914% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |