After costs, if the gap returns to its 7d average, $10k−$51
spread now−0.174%7d average+0.097%fees + slippage, in and out−$24spread needed0.242%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WTIOIL-PERP-INTX | 91.750 | 0.0016 | pay 0.0002% / 1h | 44m 45s | $373K | $941K | 15x |
| Short | Extended WTI-USD | 91.590 | 0.0032 | get 0.0004% / 1h | 44m 45s | $2.1M | $30.5M | 10x |
Coinbase International WTIOIL-PERP-INTX
Extended 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
- −$17.44
- Funding while held
- $0.48
- Slippage, 4 orders
- −$9.21
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$41.17
- Spread needed to break even
- 0.242%
Slippage from Coinbase International: live order book, 65 min ago; Extended: live order book, 6 min ago.
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, 65 min ago | 1.08 bp | 6.7 bp −$7 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.82 bp | 4.8 bp −$5 | 5.5 bp −$55 | 21.4 bp −$2,140 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.355cheapestGate91.520+0.181%Binance91.540+0.203%Lighter91.547+0.210%Bitget91.547+0.210%OKX91.550+0.213%edgeX91.551+0.214%Aster91.560+0.224%Bybit91.560+0.224%dYdX91.570+0.235%tradeXYZ91.570+0.235%Phoenix91.580+0.246%
gTrade (Gains Network)
Gate
Binance
Lighter
Bitget
OKX
Aster
Bybit
dYdX
tradeXYZ
PhoenixExtended91.590+0.257%
KuCoin91.606+0.275%Variational Omni91.609+0.278%GMX91.615+0.285%Bullet91.618+0.288%Aevo91.622+0.292%SoDEX91.625+0.296%StandX91.630+0.301%Paradex91.635+0.307%Ondo Perps91.640+0.312%ApeX Omni91.640+0.312%Vest91.640+0.312%Pacifica91.646+0.319%QFEX91.650+0.323%Deribit91.650+0.323%BloFin91.650+0.323%Kraken Futures91.657+0.330%Nado91.662+0.336%Polymarket Perps91.682+0.358%Aftermath Perps91.701+0.379%RISEx91.723+0.403%
KuCoin
Variational Omni
GMX
Bullet
Aevo
SoDEX
StandX
Paradex
Ondo Perps
ApeX Omni
Vest
Pacifica
QFEX
Deribit
BloFin
Kraken Futures
Nado
Polymarket Perps
RISExCoinbase International91.750+0.432%
Injective92.595+1.357%
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 | −0.431% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.251% | 0.0000% | 8h | $21.2M | $57.7M | 100x | as long as short |
| Binance CLUSDT | −0.229% | 0.0000% | 4h | $246.3M | $974.8M | 100x | as long as short |
| Lighter WTI | −0.221% | −0.0040% | 1h | $11.0M | $11.9M | 20x | as long as short |
| Bitget CLUSDT | −0.221% | 0.0000% | 4h | $42.8M | $59.2M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.218% | 0.0000% | 4h | $43.6M | $103.2M | 50x | as long as short |
| edgeX CLUSDC | −0.217% | −0.0088% | 4h | $524K | $331K | 30x | as long as short |
| Aster CLUSD1 | −0.207% | 0.0000% | 4h | $24.8M | $62.7M | 20x | as long as short |
| Bybit CLUSDT | −0.207% | 0.0000% | 8h | $24.9M | $90.2M | 150x | as long as short |
| dYdX WTI-USD | −0.196% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.196% | −0.0015% | 1h | $183.2M | $257.9M | 20x | as long as short |
| Phoenix WTIOIL | −0.185% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| Extended WTI-USDshort | −0.174% | +0.0032% | 1h | $2.1M | $30.5M | 10x | |
| KuCoin CLUSDTM | −0.157% | +0.0100% | 4h | $7.5M | $855K | 50x | as long as short |
| Variational Omni CL | −0.154% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.147% | L +0.0221% / S −0.0150% | 1h | $83K | — | 111x | as long as short |
| Bullet WTIOIL-USD | −0.144% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.139% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USD | −0.136% | +0.0050% | 1h | $2.0M | $31K | 20x | as long as short |
| StandX CL-USD | −0.131% | −0.0084% | 1h | $722K | $2.1M | 40x | as long as short |
| Paradex CL-USD-PERP | −0.125% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.120% | +0.0050% | 1h | $3.5M | $5.8M | 20x | as long as short |
| ApeX Omni CLUSDT | −0.120% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Vest CL-PERP | −0.120% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Pacifica CL | −0.113% | +0.0100% | 1h | $346K | $344K | 10x | as long as short |
| QFEX CL-USD | −0.109% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.109% | 0.0000% | 1h | $96K | $457K | 15x | as long as short |
| BloFin CL-USDT | −0.109% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.102% | −0.0038% | 1h | $297K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | −0.095% | −0.0010% | 1h | $803K | $764K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.074% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.053% | −0.0054% | 1h | $2K | $36K | 5x | as long as short |
| RISEx CL/USDC | −0.030% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTXlong | 0.000% | +0.0016% | 1h | $373K | $941K | 15x | |
| Injective WTI/USDC PERP | +0.921% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |