Spread before costs (cost unknown: a leg has no order-book sample)−0.044%
7d average−0.044%if it closes, per $10,000$4funding while held, a day−$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CLUSDT | 91.660 | 0 | get 0.0000% / 8h | 6h 44m | $25.3M | $93.5M | 150x |
| Short | Ondo Perps WTI-USD.P | 91.620 | −0.0046 | pay 0.0006% / 1h | 44m 39s | $3.4M | $6.0M | 20x |
Bybit CLUSDT
Ondo Perps WTI-USD.PPrice 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
- −$4.36
- Funding while held
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.73
- Spread needed to break even
- 0.160%
Slippage unknown: Bybit: live order book, 1 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.37
- 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 Bybit live order book, 1 min ago | 0.55 bp | 6.0 bp −$6 | 7.6 bp −$76 | 17.3 bp −$1,732 | 110.7 bp −$55.3K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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)91.308cheapestStandX91.480+0.188%edgeX91.485+0.193%Variational Omni91.488+0.197%BloFin91.500+0.210%ApeX Omni91.510+0.221%Aftermath Perps91.532+0.245%Aevo91.546+0.261%Phoenix91.550+0.265%GMX91.555+0.271%SoDEX91.555+0.271%Bullet91.556+0.272%Nado91.567+0.283%Deribit91.580+0.298%Polymarket Perps91.586+0.304%Kraken Futures91.588+0.306%Gate91.590+0.309%Binance91.620+0.342%
gTrade (Gains Network)
StandX
Variational Omni
BloFin
ApeX Omni
Aevo
Phoenix
GMX
SoDEX
Bullet
Nado
Deribit
Polymarket Perps
Kraken Futures
Gate
BinanceOndo Perps91.620+0.342%
QFEX91.630+0.353%Bitget91.639+0.363%OKX91.640+0.364%Vest91.640+0.364%Aster91.650+0.375%Pacifica91.650+0.375%tradeXYZ91.651+0.376%Paradex91.653+0.377%
QFEX
Bitget
OKX
Vest
Aster
Pacifica
tradeXYZ
ParadexBybit91.660+0.386%
KuCoin91.672+0.399%Lighter91.673+0.400%dYdX91.677+0.405%Extended91.700+0.429%RISEx91.704+0.433%Coinbase International91.750+0.484%Injective92.595+1.410%
KuCoin
Lighter
dYdX
Extended
RISEx
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 | −0.384% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| StandX CL-USD | −0.196% | +0.0040% | 1h | $719K | $2.3M | 40x | as long as short |
| edgeX CLUSDC | −0.191% | +0.0001% | 4h | $526K | $353K | 30x | as long as short |
| Variational Omni CL | −0.187% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| BloFin CL-USDT | −0.175% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| ApeX Omni CLUSDT | −0.164% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.140% | −0.0073% | 1h | $1K | $36K | 5x | as long as short |
| Aevo WTIOIL-PERP | −0.124% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Phoenix WTIOIL | −0.120% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.115% | L +0.0133% / S +0.0028% | 1h | $78K | — | 111x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.115% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Bullet WTIOIL-USD | −0.113% | 0.0000% | 1h | $18K | $249K | 10x | as long as short |
| Nado WTI-PERP | −0.102% | −0.0001% | 1h | $817K | $726K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.087% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.081% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.079% | −0.0091% | 1h | $289K | $1.2M | 25x | as long as short |
| Gate CL_USDT | −0.076% | 0.0000% | 8h | $21.2M | $59.5M | 100x | as long as short |
| Binance CLUSDT | −0.044% | 0.0000% | 4h | $245.1M | $1.00B | 100x | as long as short |
| Ondo Perps WTI-USD.Pshort | −0.044% | −0.0046% | 1h | $3.4M | $6.0M | 20x | |
| QFEX CL-USD | −0.033% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Bitget CLUSDT | −0.023% | 0.0000% | 4h | $42.6M | $61.4M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.022% | 0.0000% | 4h | $43.5M | $106.7M | 50x | as long as short |
| Vest CL-PERP | −0.022% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Aster CLUSD1 | −0.011% | −0.0045% | 4h | $24.7M | $62.9M | 20x | as long as short |
| Pacifica CL | −0.011% | +0.0100% | 1h | $333K | $388K | 10x | as long as short |
| tradeXYZ xyz:CL | −0.010% | −0.0011% | 1h | $183.1M | $263.5M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.008% | +0.0031% | 8h | $15K | — | 5x | as long as short |
| Bybit CLUSDTlong | 0.000% | 0.0000% | 8h | $25.3M | $93.5M | 150x | |
| KuCoin CLUSDTM | +0.013% | +0.0100% | 4h | $7.6M | $863K | 50x | as long as short |
| Lighter WTI | +0.014% | −0.0016% | 1h | $11.1M | $12.1M | 20x | as long as short |
| dYdX WTI-USD | +0.019% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Extended WTI-USD | +0.044% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| RISEx CL/USDC | +0.048% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.098% | +0.0032% | 1h | $373K | $916K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.020% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |