Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average—if it closes, per $10,000$2funding while held, a day−$1.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CLUSDT | 91.817 | 0 | get 0.0000% / 4h | 1h 32m | $42.6M | $55.8M | 100x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 91.835 | L +0.0137% / S +0.0042% | pay 0.0005% / 1h | 32m 18s | $77K | — | 111x |
Bitget CLUSDT
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
- $1.96
- Funding while held
- −$1.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$23.31
- Spread needed to break even
- 0.240%
Slippage unknown: Bitget: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.27
- 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, 3 min ago | 0.38 bp | 8.4 bp −$8 | 9.9 bp −$99 | 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)91.529cheapestBybit91.793+0.288%Binance91.805+0.301%Lighter91.806+0.303%Gate91.810+0.307%SoDEX91.810+0.307%
gTrade (Gains Network)
Bybit
Binance
Lighter
Gate
SoDEXBitget91.817+0.315%
OKX91.820+0.318%Aevo91.826+0.324%
OKX
AevoGMX91.835+0.334%
Deribit91.840+0.340%Ondo Perps91.860+0.362%Kraken Futures91.866+0.368%Vest91.870+0.373%tradeXYZ91.873+0.376%Bullet91.875+0.378%Aster91.879+0.382%Extended91.880+0.383%QFEX91.880+0.383%Paradex91.892+0.396%Pacifica91.901+0.406%Polymarket Perps91.911+0.417%dYdX91.913+0.420%KuCoin91.921+0.428%BloFin91.930+0.438%Variational Omni91.942+0.452%Nado91.954+0.464%StandX91.970+0.482%RISEx91.983+0.495%edgeX92.018+0.534%Phoenix92.040+0.558%Aftermath Perps92.044+0.563%ApeX Omni92.060+0.580%Coinbase International92.130+0.657%Injective92.595+1.165%
Deribit
Ondo Perps
Kraken Futures
Vest
tradeXYZ
Bullet
Aster
Extended
QFEX
Paradex
Pacifica
Polymarket Perps
dYdX
KuCoin
BloFin
Variational Omni
Nado
StandX
RISEx
Phoenix
ApeX 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 | −0.314% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Bybit CLUSDT | −0.026% | 0.0000% | 8h | $23.8M | $80.3M | 150x | as long as short |
| Binance CLUSDT | −0.013% | 0.0000% | 4h | $253.4M | $863.2M | 100x | as long as short |
| Lighter WTI | −0.012% | +0.0032% | 1h | $11.0M | $11.6M | 20x | as long as short |
| Gate CL_USDT | −0.008% | −0.0145% | 8h | $21.3M | $55.9M | 100x | as long as short |
| SoDEX CL-USD | −0.008% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Bitget CLUSDTlong | 0.000% | 0.0000% | 4h | $42.6M | $55.8M | 100x | |
| OKX CL-USDT-SWAP | +0.003% | 0.0000% | 4h | $44.5M | $93.8M | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.010% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | +0.020% | L +0.0137% / S +0.0042% | 1h | $77K | — | 111x |