Spread before costs (cost unknown: a leg has no order-book sample)−0.062%
7d average—if it closes, per $10,000$6funding while held, a day+$5.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps WTIUSD | 92.738 | −0.0156 | get 0.0019% / 1h | 31m 12s | $2K | $38K | 5x |
| Short | Extended WTI-USD | 92.680 | 0.0032 | get 0.0004% / 1h | 31m 12s | $2.0M | $30.1M | 10x |
Extended WTI-USDPrice 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
- −$6.24
- Funding while held
- $5.63
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$14.6
- Spread needed to break even
- 0.140%
Slippage unknown: Aftermath Perps: no order-book sample; Extended: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0188%
- Per $10,000 a day
- +$5.63
- 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 4 min ago | 0.43 bp | 3.1 bp −$3 | 4.5 bp −$45 | 21.3 bp −$2,130 | doesn't fit |
Aftermath Perps: 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)92.350cheapestVariational Omni92.586+0.256%Gate92.630+0.303%Aevo92.655+0.330%Lighter92.656+0.331%Vest92.660+0.336%GMX92.665+0.341%Bybit92.666+0.342%Bitget92.668+0.344%OKX92.670+0.347%SoDEX92.670+0.347%tradeXYZ92.677+0.354%
gTrade (Gains Network)
Variational Omni
Gate
Aevo
Lighter
Vest
GMX
Bybit
Bitget
OKX
SoDEX
tradeXYZExtended92.680+0.357%
Binance92.680+0.357%Bullet92.684+0.362%Polymarket Perps92.688+0.366%Ondo Perps92.690+0.368%Deribit92.690+0.368%BloFin92.690+0.368%Kraken Futures92.695+0.373%Paradex92.708+0.387%Aster92.710+0.390%KuCoin92.711+0.391%Pacifica92.714+0.394%QFEX92.730+0.411%edgeX92.762+0.446%Nado92.779+0.465%dYdX92.789+0.475%RISEx92.800+0.487%StandX92.810+0.498%Phoenix92.840+0.531%ApeX Omni92.860+0.552%Coinbase International92.900+0.596%Injective93.327+1.058%
Binance
Bullet
Polymarket Perps
Ondo Perps
Deribit
BloFin
Kraken Futures
Paradex
Aster
KuCoin
Pacifica
QFEX
Nado
dYdX
RISEx
StandX
Phoenix
ApeX Omni
Coinbase International
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 | −0.418% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.164% | −0.0004% | 4h | $13.1M | $16.7M | — | as long as short |
| Gate CL_USDT | −0.116% | −0.0196% | 8h | $21.4M | $55.4M | 100x | as long as short |
| Aevo WTIOIL-PERP | −0.090% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Lighter WTI | −0.088% | +0.0008% | 1h | $11.2M | $11.2M | 20x | as long as short |
| Vest CL-PERP | −0.084% | +0.0046% | 1h | — | $250 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.079% | L +0.0238% / S −0.0173% | 1h | $89K | — | 111x | as long as short |
| Bybit CLUSDT | −0.077% | 0.0000% | 8h | $24.3M | $75.8M | 150x | as long as short |
| Bitget CLUSDT | −0.075% | −0.0018% | 4h | $43.2M | $54.4M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.073% | −0.0003% | 4h | $44.8M | $88.9M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.073% | +0.0050% | 1h | $2.0M | $29K | 20x | as long as short |
| tradeXYZ xyz:CL | −0.066% | −0.0033% | 1h | $189.2M | $225.0M | 20x | as long as short |
| Extended WTI-USDshort | −0.062% | +0.0032% | 1h | $2.0M | $30.1M | 10x | |
| Binance CLUSDT | −0.062% | −0.0012% | 4h | $260.6M | $802.0M | 100x | as long as short |
| Bullet WTIOIL-USD | −0.058% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.054% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.052% | +0.0010% | 1h | $3.4M | $4.8M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.052% | 0.0000% | 1h | $96K | $437K | 15x | as long as short |
| BloFin CL-USDT | −0.052% | +0.0237% | 4h | $4.3M | $1.1M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.046% | −0.0103% | 1h | $355K | $1.0M | 25x | as long as short |
| Paradex CL-USD-PERP | −0.032% | +0.0021% | 8h | $15K | — | 5x | as long as short |
| Aster CLUSD1 | −0.030% | −0.0090% | 4h | $25.1M | $58.5M | 20x | as long as short |
| KuCoin CLUSDTM | −0.029% | +0.0100% | 4h | $7.4M | $788K | 50x | as long as short |
| Pacifica CL | −0.026% | +0.0001% | 1h | $337K | $296K | 10x | as long as short |
| QFEX CL-USD | −0.008% | −0.0027% | 1h | $2.3M | $2.4M | 10x | as long as short |
| Aftermath Perps WTIUSDlong | 0.000% | −0.0156% | 1h | $2K | $38K | 5x | |
| edgeX CLUSDC | +0.026% | −0.0031% | 4h | $531K | $322K | 30x | as long as short |
| Nado WTI-PERP | +0.045% | −0.0036% | 1h | $819K | $672K | 10x | as long as short |
| dYdX WTI-USD | +0.055% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| RISEx CL/USDC | +0.067% | 0.0000% | 1h | $3.0M | $939K | 20x | as long as short |
| StandX CL-USD | +0.078% | +0.0040% | 1h | $792K | $1.2M | 40x | as long as short |
| Phoenix WTIOIL | +0.110% | −0.0034% | 1h | $31K | $254K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.132% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.175% | −0.0032% | 1h | $397K | $903K | 15x | as long as short |
| Injective WTI/USDC PERP | +0.635% | +0.0209% | 1h | $18K | $31K | 30x | as long as short |