Spread before costs (cost unknown: a leg has no order-book sample)−0.045%
7d average—if it closes, per $10,000$4funding while held, a day+$4.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps WTIUSD | 92.272 | −0.0065 | get 0.0008% / 1h | 48m 00s | $1K | $37K | 5x |
| Short | Pacifica CL | 92.231 | 0.0100 | get 0.0013% / 1h | 48m 00s | $348K | $318K | 10x |
Pacifica CLPrice 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
- −$4.45
- Funding while held
- $4.95
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$16.5
- Spread needed to break even
- 0.170%
Slippage unknown: Aftermath Perps: no order-book sample; Pacifica: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0165%
- Per $10,000 a day
- +$4.95
- 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 Pacifica live order book, 2 min ago | 0.43 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | 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)91.910cheapestAevo92.187+0.302%GMX92.205+0.321%Vest92.210+0.326%Bullet92.213+0.330%Gate92.220+0.337%Lighter92.224+0.342%SoDEX92.225+0.343%Polymarket Perps92.229+0.347%Extended92.230+0.348%QFEX92.230+0.348%BloFin92.230+0.348%
gTrade (Gains Network)
Aevo
GMX
Vest
Bullet
Gate
Lighter
SoDEX
Polymarket Perps
Extended
QFEX
BloFinPacifica92.231+0.349%
Kraken Futures92.235+0.353%Paradex92.238+0.357%Deribit92.240+0.359%Coinbase International92.240+0.359%RISEx92.250+0.370%Variational Omni92.253+0.374%KuCoin92.257+0.378%Ondo Perps92.260+0.381%dYdX92.262+0.383%StandX92.270+0.392%Aster92.280+0.403%Bybit92.280+0.403%OKX92.280+0.403%tradeXYZ92.284+0.407%Bitget92.284+0.407%Nado92.288+0.412%Binance92.290+0.413%edgeX92.295+0.419%Phoenix92.340+0.468%ApeX Omni92.360+0.490%Injective92.595+0.745%
Kraken Futures
Paradex
Deribit
Coinbase International
RISEx
Variational Omni
KuCoin
Ondo Perps
dYdX
StandX
Aster
Bybit
OKX
tradeXYZ
Bitget
Nado
Binance
Phoenix
ApeX Omni
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 | −0.392% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Aevo WTIOIL-PERP | −0.091% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.072% | L +0.0134% / S +0.0018% | 1h | $78K | — | 111x | as long as short |
| Vest CL-PERP | −0.067% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Bullet WTIOIL-USD | −0.064% | 0.0000% | 1h | $19K | $247K | 10x | as long as short |
| Gate CL_USDT | −0.056% | −0.0102% | 8h | $21.3M | $56.6M | 100x | as long as short |
| Lighter WTI | −0.052% | +0.0032% | 1h | $11.0M | $11.6M | 20x | as long as short |
| SoDEX CL-USD | −0.051% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.046% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Extended WTI-USD | −0.045% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.045% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| BloFin CL-USDT | −0.045% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Pacifica CLshort | −0.045% | +0.0100% | 1h | $348K | $318K | 10x | |
| Kraken Futures PF_WTIOILUSD | −0.040% | −0.0001% | 1h | $290K | $1.2M | 25x | as long as short |
| Paradex CL-USD-PERP | −0.036% | +0.0042% | 8h | $15K | — | 5x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.034% | −0.0075% | 1h | $97K | $463K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.034% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| RISEx CL/USDC | −0.023% | 0.0000% | 1h | $3.0M | $1.8M | 20x | as long as short |
| Variational Omni CL | −0.020% | 0.0000% | 4h | $12.7M | $17.5M | — | as long as short |
| KuCoin CLUSDTM | −0.016% | +0.0100% | 4h | $7.4M | $806K | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.013% | −0.0010% | 1h | $3.4M | $5.1M | 20x | as long as short |
| dYdX WTI-USD | −0.011% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| StandX CL-USD | −0.002% | +0.0040% | 1h | $729K | $1.9M | 40x | as long as short |
| Aftermath Perps WTIUSDlong | 0.000% | −0.0065% | 1h | $1K | $37K | 5x | |
| Aster CLUSD1 | +0.009% | 0.0000% | 4h | $24.8M | $61.0M | 20x | as long as short |
| Bybit CLUSDT | +0.009% | 0.0000% | 8h | $24.8M | $83.4M | 150x | as long as short |
| OKX CL-USDT-SWAP | +0.009% | 0.0000% | 4h | $44.2M | $99.1M | 50x | as long as short |
| tradeXYZ xyz:CL | +0.013% | +0.0037% | 1h | $183.6M | $244.9M | 20x | as long as short |
| Bitget CLUSDT | +0.013% | 0.0000% | 4h | $43.2M | $56.8M | 100x | as long as short |
| Nado WTI-PERP | +0.018% | −0.0141% | 1h | $783K | $727K | 10x | as long as short |
| Binance CLUSDT | +0.020% | 0.0000% | 4h | $252.1M | $903.2M | 100x | as long as short |
| edgeX CLUSDC | +0.026% | −0.0066% | 4h | $528K | $320K | 30x | as long as short |
| Phoenix WTIOIL | +0.074% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.096% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.350% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |