After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.057%7d average−0.084%fees + slippage, in and out−$35spread needed0.355%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CLUSDT | 92.303 | 0 | get 0.0000% / 4h | 53m 32s | $43.2M | $56.8M | 100x |
| Short | Gate CL_USDT | 92.250 | −0.0103 | pay 0.0103% / 8h | 53m 32s | $21.4M | $56.4M | 100x |
Bitget 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
- −$5.74
- Funding while held
- −$3.09
- Slippage, 4 orders
- −$8.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.31
- Spread needed to break even
- 0.355%
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0103%
- Per $10,000 a day
- −$3.09
- 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 Bitget live order book, 2 min ago | 0.60 bp | 7.6 bp −$8 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.54 bp | 10.6 bp −$11 | 16.8 bp −$168 | 28.9 bp −$2,887 | 33.8 bp −$16.9K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.957cheapestPhoenix92.090+0.145%Aftermath Perps92.224+0.290%Bullet92.237+0.304%Coinbase International92.240+0.308%Aevo92.242+0.310%GMX92.245+0.313%
gTrade (Gains Network)
Phoenix
Bullet
Coinbase International
Aevo
GMXGate92.250+0.319%
SoDEX92.254+0.323%Ondo Perps92.260+0.330%dYdX92.269+0.339%Vest92.270+0.340%Deribit92.270+0.340%Kraken Futures92.270+0.341%OKX92.280+0.351%ApeX Omni92.280+0.351%RISEx92.289+0.361%Paradex92.289+0.361%BloFin92.290+0.362%tradeXYZ92.297+0.370%Pacifica92.299+0.372%Lighter92.299+0.372%QFEX92.300+0.373%StandX92.300+0.373%Variational Omni92.301+0.374%KuCoin92.303+0.376%
SoDEX
Ondo Perps
dYdX
Vest
Deribit
Kraken Futures
OKX
ApeX Omni
RISEx
Paradex
BloFin
tradeXYZ
Pacifica
Lighter
QFEX
StandX
Variational Omni
KuCoinBitget92.303+0.376%
Bybit92.310+0.384%Binance92.311+0.385%edgeX92.312+0.386%Extended92.320+0.395%Aster92.320+0.395%Polymarket Perps92.326+0.401%Nado92.346+0.423%Injective92.595+0.694%
Bybit
Binance
Extended
Aster
Polymarket Perps
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 | −0.375% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Phoenix WTIOIL | −0.231% | 0.0000% | 1h | $36K | $255K | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.086% | −0.0067% | 1h | $1K | $37K | 5x | as long as short |
| Bullet WTIOIL-USD | −0.072% | 0.0000% | 1h | $19K | $248K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.068% | +0.0024% | 1h | $376K | $937K | 15x | as long as short |
| Aevo WTIOIL-PERP | −0.066% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.063% | L +0.0134% / S +0.0018% | 1h | $78K | — | 111x | as long as short |
| Gate CL_USDTshort | −0.057% | −0.0103% | 8h | $21.4M | $56.4M | 100x | |
| SoDEX CL-USD | −0.053% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.047% | +0.0035% | 1h | $3.4M | $5.1M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX WTI-USD | −0.037% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Vest CL-PERP | −0.036% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.036% | 0.0000% | 1h | $97K | $461K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.035% | −0.0001% | 1h | $290K | $1.2M | 25x | as long as short |
| OKX CL-USDT-SWAP | −0.025% | 0.0000% | 4h | $44.3M | $99.0M | 50x | as long as short |
| ApeX Omni CLUSDT | −0.025% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| RISEx CL/USDC | −0.016% | 0.0000% | 1h | $3.1M | $1.5M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.015% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| BloFin CL-USDT | −0.014% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| tradeXYZ xyz:CL | −0.007% | +0.0044% | 1h | $183.6M | $243.9M | 20x | as long as short |
| Pacifica CL | −0.005% | +0.0100% | 1h | $349K | $318K | 10x | as long as short |
| Lighter WTI | −0.004% | +0.0032% | 1h | $11.1M | $11.5M | 20x | as long as short |
| QFEX CL-USD | −0.003% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| StandX CL-USD | −0.003% | +0.0040% | 1h | $730K | $1.9M | 40x | as long as short |
| Variational Omni CL | −0.002% | 0.0000% | 4h | $12.6M | $17.6M | — | as long as short |
| KuCoin CLUSDTM | 0.000% | +0.0100% | 4h | $7.4M | $806K | 50x | as long as short |
| Bitget CLUSDTlong | 0.000% | 0.0000% | 4h | $43.2M | $56.8M | 100x | |
| Bybit CLUSDT | +0.008% | 0.0000% | 8h | $24.7M | $83.2M | 150x | as long as short |
| Binance CLUSDT | +0.009% | 0.0000% | 4h | $252.2M | $902.8M | 100x | as long as short |
| edgeX CLUSDC | +0.009% | −0.0090% | 4h | $528K | $320K | 30x | as long as short |
| Extended WTI-USD | +0.018% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Aster CLUSD1 | +0.018% | 0.0000% | 4h | $24.8M | $60.9M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.025% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Nado WTI-PERP | +0.046% | −0.0164% | 1h | $780K | $726K | 10x | as long as short |
| Injective WTI/USDC PERP | +0.316% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |