After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.103%7d average−0.027%fees + slippage, in and out−$49spread needed0.488%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLUSDT | 92.310 | 0 | get 0.0000% / 4h | 30m 28s | $248.7M | $919.7M | 100x |
| Short | SoDEX CL-USD | 92.405 | 0.0050 | get 0.0006% / 1h | 30m 28s | $2.0M | $22K | 20x |
Binance CLUSDT
SoDEX CL-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
- $10.29
- Funding while held
- $1.5
- Slippage, 4 orders
- −$30.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$37.02
- Spread needed to break even
- 0.488%
Slippage from Binance: live order book, 15 min ago; SoDEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 15 min ago | 0.54 bp | 5.5 bp −$6 | 5.7 bp −$57 | 8.3 bp −$832 | 22.3 bp −$11.1K |
| Sell SoDEX live order book, 5 min ago | 1.62 bp | 19.8 bp −$20 | 87.3 bp −$873 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.003cheapestCoinbase International92.240+0.258%Ondo Perps92.250+0.268%Gate92.250+0.268%Lighter92.255+0.274%Paradex92.267+0.287%Bitget92.292+0.314%Pacifica92.298+0.321%Extended92.300+0.323%KuCoin92.304+0.327%Bullet92.304+0.327%GMX92.305+0.328%edgeX92.305+0.329%Bybit92.308+0.332%
gTrade (Gains Network)
Coinbase International
Ondo Perps
Gate
Lighter
Paradex
Bitget
Pacifica
Extended
KuCoin
Bullet
GMX
BybitBinance92.310+0.334%
OKX92.310+0.334%Vest92.310+0.334%RISEx92.317+0.341%Aster92.320+0.345%QFEX92.320+0.345%tradeXYZ92.322+0.347%Aftermath Perps92.333+0.359%Polymarket Perps92.338+0.364%ApeX Omni92.340+0.366%Phoenix92.360+0.388%StandX92.370+0.399%Aevo92.379+0.409%BloFin92.380+0.410%Variational Omni92.386+0.417%
OKX
Vest
RISEx
Aster
QFEX
tradeXYZ
Polymarket Perps
ApeX Omni
Phoenix
StandX
Aevo
BloFin
Variational OmniSoDEX92.405+0.437%
Deribit92.430+0.464%dYdX92.432+0.467%Kraken Futures92.434+0.469%Nado92.436+0.471%Injective92.595+0.643%
Deribit
dYdX
Kraken Futures
Nado
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 | −0.333% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.076% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| Ondo Perps WTI-USD.P | −0.065% | +0.0015% | 1h | $3.4M | $5.1M | 20x | as long as short |
| Gate CL_USDT | −0.065% | −0.0085% | 8h | $21.3M | $57.0M | 100x | as long as short |
| Lighter WTI | −0.060% | +0.0032% | 1h | $11.0M | $11.7M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.046% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Bitget CLUSDT | −0.019% | 0.0000% | 4h | $43.2M | $57.0M | 100x | as long as short |
| Pacifica CL | −0.013% | +0.0100% | 1h | $349K | $318K | 10x | as long as short |
| Extended WTI-USD | −0.011% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| KuCoin CLUSDTM | −0.006% | +0.0100% | 4h | $7.4M | $802K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bullet WTIOIL-USD | −0.006% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.005% | L +0.0134% / S +0.0019% | 1h | $78K | — | 111x | as long as short |
| edgeX CLUSDC | −0.005% | −0.0096% | 4h | $528K | $320K | 30x | as long as short |
| Bybit CLUSDT | −0.002% | 0.0000% | 8h | $24.8M | $84.4M | 150x | as long as short |
| Binance CLUSDTlong | 0.000% | 0.0000% | 4h | $248.7M | $919.7M | 100x | |
| OKX CL-USDT-SWAP | 0.000% | 0.0000% | 4h | $44.1M | $99.4M | 50x | as long as short |
| Vest CL-PERP | 0.000% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| RISEx CL/USDC | +0.007% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Aster CLUSD1 | +0.011% | 0.0000% | 4h | $24.8M | $61.2M | 20x | as long as short |
| QFEX CL-USD | +0.011% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:CL | +0.013% | +0.0048% | 1h | $185.2M | $249.0M | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.025% | −0.0063% | 1h | $2K | $36K | 5x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.030% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni CLUSDT | +0.032% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Phoenix WTIOIL | +0.054% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| StandX CL-USD | +0.065% | +0.0040% | 1h | $728K | $1.9M | 40x | as long as short |
| Aevo WTIOIL-PERP | +0.075% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| BloFin CL-USDT | +0.076% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Variational Omni CL | +0.083% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| SoDEX CL-USDshort | +0.103% | +0.0050% | 1h | $2.0M | $22K | 20x | |
| Deribit WTIOIL_USDC-PERPETUAL | +0.130% | 0.0000% | 1h | $97K | $455K | 15x | as long as short |
| dYdX WTI-USD | +0.133% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.135% | −0.0001% | 1h | $292K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | +0.137% | −0.0073% | 1h | $799K | $736K | 10x | as long as short |
| Injective WTI/USDC PERP | +0.309% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |