Spread before costs (cost unknown: a leg has no order-book sample)−0.007%
7d average—if it closes, per $10,000$1funding while held, a day−$0.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WTIOIL-PERP-INTX | 92.230 | 0.0016 | pay 0.0002% / 1h | 50m 00s | $387K | $1.1M | 15x |
| Short | dYdX WTI-USD | 92.224 | 0 | get 0.0000% / 1h | 50m 00s | $5K | $10 | 5x |
Coinbase International WTIOIL-PERP-INTX
dYdX WTI-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
- −$0.69
- Funding while held
- −$0.48
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$21.17
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0016%
- Per $10,000 a day
- −$0.48
- 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 Coinbase International live order book, 5 min ago | 1.63 bp | 6.9 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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)91.915cheapestOndo Perps92.160+0.267%StandX92.160+0.267%QFEX92.170+0.277%Paradex92.171+0.278%GMX92.175+0.283%Bullet92.180+0.288%Gate92.180+0.288%ApeX Omni92.190+0.299%Aftermath Perps92.197+0.306%Polymarket Perps92.200+0.310%BloFin92.210+0.321%Pacifica92.212+0.323%
gTrade (Gains Network)
Ondo Perps
StandX
QFEX
Paradex
GMX
Bullet
Gate
ApeX Omni
Polymarket Perps
BloFin
PacificadYdX92.224+0.336%
Aevo92.224+0.336%
AevoCoinbase International92.230+0.343%
Kraken Futures92.233+0.346%edgeX92.236+0.349%Lighter92.244+0.358%SoDEX92.245+0.359%Bitget92.249+0.363%Binance92.250+0.364%OKX92.250+0.364%Vest92.250+0.364%Phoenix92.250+0.364%Nado92.251+0.366%Aster92.260+0.375%Extended92.260+0.375%Bybit92.260+0.375%RISEx92.261+0.376%Variational Omni92.267+0.383%KuCoin92.268+0.384%tradeXYZ92.270+0.386%Deribit92.290+0.408%Injective92.595+0.740%
Kraken Futures
Lighter
SoDEX
Bitget
Binance
OKX
Vest
Phoenix
Nado
Aster
Extended
Bybit
RISEx
Variational Omni
KuCoin
tradeXYZ
Deribit
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 | −0.342% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Ondo Perps WTI-USD.P | −0.076% | −0.0010% | 1h | $3.5M | $6.1M | 20x | as long as short |
| StandX CL-USD | −0.076% | +0.0040% | 1h | $726K | $2.4M | 40x | as long as short |
| QFEX CL-USD | −0.065% | −0.0022% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.064% | +0.0032% | 8h | $15K | $367 | 5x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.060% | L +0.0131% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| Bullet WTIOIL-USD | −0.054% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Gate CL_USDT | −0.054% | 0.0000% | 8h | $21.1M | $60.7M | 100x | as long as short |
| ApeX Omni CLUSDT | −0.043% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.036% | −0.0084% | 1h | $2K | $34K | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps WTIOIL-USD | −0.033% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| BloFin CL-USDT | −0.022% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Pacifica CL | −0.019% | +0.0100% | 1h | $321K | $446K | 10x | as long as short |
| dYdX WTI-USDshort | −0.007% | 0.0000% | 1h | $5K | $10 | 5x | |
| Aevo WTIOIL-PERP | −0.006% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTXlong | 0.000% | +0.0016% | 1h | $387K | $1.1M | 15x | |
| Kraken Futures PF_WTIOILUSD | +0.003% | +0.0065% | 1h | $261K | $1.3M | 25x | as long as short |
| edgeX CLUSDC | +0.006% | +0.0003% | 4h | $531K | $352K | 30x | as long as short |
| Lighter WTI | +0.015% | +0.0024% | 1h | $11.1M | $12.4M | 20x | as long as short |
| SoDEX CL-USD | +0.016% | +0.0050% | 1h | $2.0M | $44K | 20x | as long as short |
| Bitget CLUSDT | +0.021% | 0.0000% | 4h | $42.5M | $62.8M | 100x | as long as short |
| Binance CLUSDT | +0.022% | −0.0037% | 4h | $244.5M | $1.03B | 100x | as long as short |
| OKX CL-USDT-SWAP | +0.022% | 0.0000% | 4h | $43.4M | $109.9M | 50x | as long as short |
| Vest CL-PERP | +0.022% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Phoenix WTIOIL | +0.022% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Nado WTI-PERP | +0.023% | +0.0001% | 1h | $826K | $728K | 10x | as long as short |
| Aster CLUSD1 | +0.033% | −0.0093% | 4h | $25.0M | $64.4M | 20x | as long as short |
| Extended WTI-USD | +0.033% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Bybit CLUSDT | +0.033% | 0.0000% | 8h | $25.6M | $94.7M | 150x | as long as short |
| RISEx CL/USDC | +0.034% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Variational Omni CL | +0.040% | −0.0008% | 4h | $13.4M | $17.6M | — | as long as short |
| KuCoin CLUSDTM | +0.041% | +0.0100% | 4h | $7.6M | $865K | 50x | as long as short |
| tradeXYZ xyz:CL | +0.043% | +0.0050% | 1h | $190.9M | $274.3M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.065% | 0.0000% | 1h | $96K | $470K | 15x | as long as short |
| Injective WTI/USDC PERP | +0.396% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |