After costs, if the gap returns to its 7d average, $10k−$22
spread now−0.044%7d average−0.092%fees + slippage, in and out−$27spread needed0.272%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLUSDT | 91.211 | 0 | get 0.0000% / 4h | 3h 02m | $245.4M | $1.00B | 100x |
| Short | Gate CL_USDT | 91.170 | 0 | get 0.0000% / 8h | 7h 02m | $21.1M | $59.7M | 100x |
Binance CLUSDT
Gate CL_USDTPrice 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
- $0
- Slippage, 4 orders
- −$2.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.64
- Spread needed to break even
- 0.272%
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Binance live order book, 13 min ago | 0.55 bp | 5.5 bp −$6 | 5.8 bp −$58 | 9.0 bp −$903 | 26.2 bp −$13.1K |
| Sell Gate live order book, 3 min ago | 0.55 bp | 8.0 bp −$8 | 12.7 bp −$127 | 29.9 bp −$2,987 | 39.0 bp −$19.5K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)90.978cheapestOndo Perps91.140+0.178%Pacifica91.168+0.209%
gTrade (Gains Network)
Ondo Perps
PacificaGate91.170+0.211%
Paradex91.171+0.212%Bullet91.172+0.213%QFEX91.180+0.222%Nado91.190+0.233%Polymarket Perps91.194+0.237%Lighter91.200+0.244%BloFin91.200+0.244%GMX91.205+0.250%Bitget91.210+0.255%
Paradex
Bullet
QFEX
Nado
Polymarket Perps
Lighter
BloFin
GMX
BitgetBinance91.211+0.256%
Aevo91.213+0.258%SoDEX91.215+0.261%OKX91.220+0.266%Phoenix91.220+0.266%edgeX91.222+0.269%tradeXYZ91.227+0.274%RISEx91.234+0.281%Bybit91.240+0.288%dYdX91.248+0.297%Kraken Futures91.250+0.299%StandX91.260+0.310%Deribit91.260+0.310%Aster91.264+0.314%KuCoin91.266+0.317%ApeX Omni91.270+0.321%Variational Omni91.278+0.330%Vest91.280+0.332%Aftermath Perps91.289+0.342%Extended91.290+0.343%Coinbase International91.750+0.849%Injective92.595+1.777%
Aevo
SoDEX
OKX
Phoenix
tradeXYZ
RISEx
Bybit
dYdX
Kraken Futures
StandX
Deribit
Aster
KuCoin
ApeX Omni
Variational Omni
Vest
Extended
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 | −0.255% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Ondo Perps WTI-USD.P | −0.077% | +0.0014% | 1h | $3.4M | $5.9M | 20x | as long as short |
| Pacifica CL | −0.047% | +0.0100% | 1h | $330K | $374K | 10x | as long as short |
| Gate CL_USDTshort | −0.044% | 0.0000% | 8h | $21.1M | $59.7M | 100x | |
| Paradex CL-USD-PERP | −0.043% | +0.0038% | 8h | $15K | — | 5x | as long as short |
| Bullet WTIOIL-USD | −0.042% | 0.0000% | 1h | $19K | $248K | 10x | as long as short |
| QFEX CL-USD | −0.033% | −0.0016% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Nado WTI-PERP | −0.022% | +0.0016% | 1h | $814K | $727K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.018% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
| Lighter WTI | −0.012% | −0.0016% | 1h | $11.0M | $12.3M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin CL-USDT | −0.012% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.006% | L +0.0220% / S −0.0144% | 1h | $84K | — | 111x | as long as short |
| Bitget CLUSDT | −0.001% | 0.0000% | 4h | $42.7M | $61.3M | 100x | as long as short |
| Binance CLUSDTlong | 0.000% | 0.0000% | 4h | $245.4M | $1.00B | 100x | |
| Aevo WTIOIL-PERP | +0.003% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USD | +0.005% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.010% | 0.0000% | 4h | $43.3M | $106.3M | 50x | as long as short |
| Phoenix WTIOIL | +0.010% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| edgeX CLUSDC | +0.013% | +0.0093% | 4h | $525K | $353K | 30x | as long as short |
| tradeXYZ xyz:CL | +0.018% | −0.0037% | 1h | $183.0M | $263.0M | 20x | as long as short |
| RISEx CL/USDC | +0.025% | 0.0000% | 1h | $3.0M | $2.5M | 20x | as long as short |
| Bybit CLUSDT | +0.032% | 0.0000% | 8h | $25.0M | $92.8M | 150x | as long as short |
| dYdX WTI-USD | +0.041% | 0.0000% | 1h | $5K | $87 | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.044% | −0.0038% | 1h | $294K | $1.2M | 25x | as long as short |
| StandX CL-USD | +0.054% | +0.0040% | 1h | $717K | $2.2M | 40x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.054% | 0.0000% | 1h | $95K | $475K | 15x | as long as short |
| Aster CLUSD1 | +0.059% | −0.0017% | 4h | $24.7M | $63.3M | 20x | as long as short |
| KuCoin CLUSDTM | +0.061% | +0.0100% | 4h | $7.6M | $860K | 50x | as long as short |
| ApeX Omni CLUSDT | +0.065% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Variational Omni CL | +0.074% | 0.0000% | 4h | $12.4M | $17.3M | — | as long as short |
| Vest CL-PERP | +0.076% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Aftermath Perps WTIUSD | +0.086% | −0.0079% | 1h | $1K | $35K | 5x | as long as short |
| Extended WTI-USD | +0.087% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.591% | +0.0016% | 1h | $373K | $917K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.518% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |