After costs, if the gap returns to its 7d average, $10k−$11
spread now+0.285%7d average+0.045%fees + slippage, in and out−$35spread needed0.353%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CL-USDT | 91.370 | 0.0240 | pay 0.0120% / 4h | 3h 40m | $4.2M | $1.4M | 50x |
| Short | Phoenix WTIOIL | 91.630 | 0.0035 | get 0.0004% / 1h | 40m 19s | $33K | $267K | 20x |
BloFin CL-USDT
Phoenix WTIOILPrice 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
- $28.46
- Funding while held
- −$6.16
- Slippage, 4 orders
- −$16.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$12.96
- Spread needed to break even
- 0.353%
Slippage from BloFin: live order book, 5 min ago; Phoenix: live order book, 34 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0205%
- Per $10,000 a day
- −$6.16
- 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 BloFin live order book, 5 min ago | 1.64 bp | 7.6 bp −$8 | 7.6 bp −$76 | 11.6 bp −$1,161 | 32.9 bp −$16.4K |
| Sell Phoenix live order book, 34 min ago | 3.26 bp | 10.0 bp −$10 | 19.2 bp −$192 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.037cheapestGate91.280+0.267%Ondo Perps91.290+0.278%Binance91.291+0.279%Lighter91.293+0.281%Aevo91.302+0.291%Bitget91.305+0.294%Bullet91.305+0.295%Aster91.310+0.300%Vest91.310+0.300%SoDEX91.312+0.302%Polymarket Perps91.318+0.309%Bybit91.320+0.311%QFEX91.320+0.311%Kraken Futures91.321+0.312%tradeXYZ91.322+0.313%GMX91.325+0.316%Pacifica91.327+0.319%OKX91.330+0.322%Deribit91.330+0.322%Nado91.333+0.326%Paradex91.347+0.341%Extended91.350+0.344%KuCoin91.350+0.344%dYdX91.355+0.349%StandX91.360+0.355%
gTrade (Gains Network)
Gate
Ondo Perps
Binance
Lighter
Aevo
Bitget
Bullet
Aster
Vest
SoDEX
Polymarket Perps
Bybit
QFEX
Kraken Futures
tradeXYZ
GMX
Pacifica
OKX
Deribit
Nado
Paradex
Extended
KuCoin
dYdX
StandXBloFin91.370+0.366%
Variational Omni91.374+0.370%RISEx91.389+0.387%edgeX91.550+0.563%Aftermath Perps91.550+0.564%ApeX Omni91.570+0.585%
Variational Omni
RISEx
ApeX OmniPhoenix91.630+0.651%
Coinbase International91.750+0.783%Injective92.595+1.711%
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 | −0.364% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.099% | 0.0000% | 8h | $21.1M | $57.9M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.088% | +0.0050% | 1h | $3.4M | $5.8M | 20x | as long as short |
| Binance CLUSDT | −0.087% | 0.0000% | 4h | $246.1M | $983.9M | 100x | as long as short |
| Lighter WTI | −0.084% | −0.0040% | 1h | $10.9M | $11.9M | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.075% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bitget CLUSDT | −0.071% | 0.0000% | 4h | $42.7M | $59.8M | 100x | as long as short |
| Bullet WTIOIL-USD | −0.071% | 0.0000% | 1h | $19K | $247K | 10x | as long as short |
| Aster CLUSD1 | −0.066% | 0.0000% | 4h | $24.7M | $62.9M | 20x | as long as short |
| Vest CL-PERP | −0.066% | +0.0046% | 1h | — | $86K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.063% | +0.0050% | 1h | $2.0M | $38K | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.057% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Bybit CLUSDT | −0.055% | 0.0000% | 8h | $25.0M | $91.3M | 150x | as long as short |
| QFEX CL-USD | −0.055% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.054% | −0.0038% | 1h | $296K | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CL | −0.053% | −0.0017% | 1h | $182.5M | $258.6M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.049% | L +0.0221% / S −0.0150% | 1h | $82K | — | 111x | as long as short |
| Pacifica CL | −0.047% | +0.0100% | 1h | $345K | $344K | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.044% | 0.0000% | 4h | $43.3M | $103.7M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.044% | 0.0000% | 1h | $95K | $458K | 15x | as long as short |
| Nado WTI-PERP | −0.040% | −0.0011% | 1h | $804K | $767K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.025% | +0.0039% | 8h | $15K | — | 5x | as long as short |
| Extended WTI-USD | −0.022% | +0.0032% | 1h | $2.1M | $30.5M | 10x | as long as short |
| KuCoin CLUSDTM | −0.022% | +0.0100% | 4h | $7.5M | $856K | 50x | as long as short |
| dYdX WTI-USD | −0.017% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| StandX CL-USD | −0.011% | −0.0019% | 1h | $719K | $2.1M | 40x | as long as short |
| BloFin CL-USDTlong | 0.000% | +0.0240% | 4h | $4.2M | $1.4M | 50x | |
| Variational Omni CL | +0.004% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| RISEx CL/USDC | +0.021% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| edgeX CLUSDC | +0.196% | −0.0100% | 4h | $517K | $336K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.197% | −0.0053% | 1h | $1K | $36K | 5x | as long as short |
| ApeX Omni CLUSDT | +0.219% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Phoenix WTIOILshort | +0.285% | +0.0035% | 1h | $33K | $267K | 20x | |
| Coinbase International WTIOIL-PERP-INTX | +0.416% | +0.0016% | 1h | $373K | $941K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.341% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |