Spread before costs (cost unknown: a leg has no order-book sample)−0.038%
7d average—if it closes, per $10,000$4funding while held, a day+$4.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CLUSD1 | 91.630 | 0 | get 0.0000% / 4h | 3h 47m | $24.8M | $62.6M | 20x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 91.595 | L +0.0221% / S −0.0149% | get 0.0019% / 1h | 47m 00s | $83K | — | 111x |
Aster CLUSD1
GMX WTIOIL/USD [ETH-USDC]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
- −$3.82
- Funding while held
- $4.48
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$19.34
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0149%
- Per $10,000 a day
- +$4.48
- 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 Aster live order book, 4 min ago | 0.55 bp | 4.5 bp −$5 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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)91.348cheapestBloFin91.460+0.123%Nado91.509+0.176%Paradex91.532+0.202%Ondo Perps91.540+0.210%Pacifica91.544+0.214%Gate91.550+0.221%dYdX91.558+0.230%Aevo91.573+0.247%SoDEX91.585+0.259%
gTrade (Gains Network)
BloFin
Nado
Paradex
Ondo Perps
Pacifica
Gate
dYdX
Aevo
SoDEXGMX91.595+0.270%
Bullet91.597+0.273%Lighter91.600+0.276%Bybit91.600+0.276%Vest91.600+0.276%tradeXYZ91.602+0.278%Binance91.610+0.287%OKX91.610+0.287%Deribit91.610+0.287%Kraken Futures91.613+0.290%Bitget91.616+0.293%StandX91.620+0.298%
Bullet
Lighter
Bybit
Vest
tradeXYZ
Binance
OKX
Deribit
Kraken Futures
Bitget
StandXAster91.630+0.309%
QFEX91.630+0.309%ApeX Omni91.630+0.309%RISEx91.631+0.310%edgeX91.641+0.320%Extended91.650+0.331%KuCoin91.651+0.332%Polymarket Perps91.660+0.342%Phoenix91.720+0.407%Variational Omni91.733+0.421%Aftermath Perps91.748+0.438%Coinbase International91.750+0.440%Injective92.595+1.365%
QFEX
ApeX Omni
RISEx
Extended
KuCoin
Polymarket Perps
Phoenix
Variational 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 | −0.308% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| BloFin CL-USDT | −0.186% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Nado WTI-PERP | −0.132% | −0.0001% | 1h | $802K | $769K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.107% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.098% | +0.0050% | 1h | $3.4M | $5.7M | 20x | as long as short |
| Pacifica CL | −0.094% | +0.0100% | 1h | $346K | $344K | 10x | as long as short |
| Gate CL_USDT | −0.087% | 0.0000% | 8h | $21.3M | $57.7M | 100x | as long as short |
| dYdX WTI-USD | −0.079% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Aevo WTIOIL-PERP | −0.062% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USD | −0.049% | +0.0050% | 1h | $2.0M | $31K | 20x | 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]short | −0.038% | L +0.0221% / S −0.0149% | 1h | $83K | — | 111x | |
| Bullet WTIOIL-USD | −0.036% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| Lighter WTI | −0.033% | −0.0048% | 1h | $10.9M | $11.9M | 20x | as long as short |
| Bybit CLUSDT | −0.033% | 0.0000% | 8h | $25.0M | $90.0M | 150x | as long as short |
| Vest CL-PERP | −0.033% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| tradeXYZ xyz:CL | −0.031% | −0.0016% | 1h | $183.2M | $257.6M | 20x | as long as short |
| Binance CLUSDT | −0.022% | 0.0000% | 4h | $246.5M | $971.9M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.022% | 0.0000% | 4h | $43.6M | $103.1M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.022% | 0.0000% | 1h | $96K | $456K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.018% | −0.0038% | 1h | $297K | $1.2M | 25x | as long as short |
| Bitget CLUSDT | −0.015% | 0.0000% | 4h | $42.8M | $59.2M | 100x | as long as short |
| StandX CL-USD | −0.011% | −0.0106% | 1h | $722K | $2.1M | 40x | as long as short |
| Aster CLUSD1long | 0.000% | 0.0000% | 4h | $24.8M | $62.6M | 20x | |
| QFEX CL-USD | 0.000% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| ApeX Omni CLUSDT | 0.000% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| RISEx CL/USDC | +0.002% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| edgeX CLUSDC | +0.012% | −0.0039% | 4h | $525K | $330K | 30x | as long as short |
| Extended WTI-USD | +0.022% | +0.0032% | 1h | $2.1M | $30.4M | 10x | as long as short |
| KuCoin CLUSDTM | +0.023% | +0.0100% | 4h | $7.5M | $825K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.033% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Phoenix WTIOIL | +0.098% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| Variational Omni CL | +0.112% | 0.0000% | 4h | $12.6M | $17.2M | — | as long as short |
| Aftermath Perps WTIUSD | +0.129% | −0.0054% | 1h | $2K | $36K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.131% | +0.0016% | 1h | $373K | $941K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.053% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |