After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.185%7d average+0.106%fees + slippage, in and out−$30spread needed0.304%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WTIOIL-PERP-INTX | 91.690 | 0.0024 | pay 0.0003% / 1h | 28m 31s | $378K | $935K | 15x |
| Short | QFEX CL-USD | 91.860 | −0.0015 | pay 0.0002% / 1h | 28m 31s | $2.3M | $2.7M | 10x |
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
- $18.54
- Funding while held
- −$1.18
- Slippage, 4 orders
- −$10.35
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$13
- Spread needed to break even
- 0.304%
Slippage from Coinbase International: live order book, 26 min ago; QFEX: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0039%
- Per $10,000 a day
- −$1.18
- 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, 26 min ago | 2.16 bp | 7.2 bp −$7 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.63 bp | 7.4 bp −$7 | 7.7 bp −$77 | 9.1 bp −$911 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.CL 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 | −0.202% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Coinbase International WTIOIL-PERP-INTXlong | 0.000% | +0.0024% | 1h | $378K | $935K | 15x | |
| ApeX Omni CLUSDT | +0.011% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Vest CL-PERP | +0.044% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.060% | L +0.0137% / S +0.0043% | 1h | $77K | — | 111x | as long as short |
| Bullet WTIOIL-USD | +0.064% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| Nado WTI-PERP | +0.070% | −0.0053% | 1h | $816K | $704K | 10x | as long as short |
| RISEx CL/USDC | +0.071% | 0.0000% | 1h | $3.0M | $1.2M | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.073% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.088% | +0.0058% | 1h | $360K | $1.0M | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps WTIOIL-USD | +0.096% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Variational Omni CL | +0.102% | 0.0000% | 4h | $12.4M | $16.9M | — | as long as short |
| StandX CL-USD | +0.120% | +0.0040% | 1h | $726K | $1.6M | 40x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.120% | −0.0077% | 1h | $96K | $456K | 15x | as long as short |
| SoDEX CL-USD | +0.123% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Ondo Perps WTI-USD.P | +0.131% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| Gate CL_USDT | +0.131% | −0.0142% | 8h | $21.3M | $56.2M | 100x | as long as short |
| BloFin CL-USDT | +0.131% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| dYdX WTI-USD | +0.158% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Paradex CL-USD-PERP | +0.177% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Lighter WTI | +0.185% | +0.0032% | 1h | $11.0M | $11.7M | 20x | as long as short |
| QFEX CL-USDshort | +0.185% | −0.0015% | 1h | $2.3M | $2.7M | 10x | |
| Phoenix WTIOIL | +0.185% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| Bitget CLUSDT | +0.189% | 0.0000% | 4h | $42.6M | $56.1M | 100x | as long as short |
| Pacifica CL | +0.193% | +0.0100% | 1h | $343K | $310K | 10x | as long as short |
| Bybit CLUSDT | +0.208% | 0.0000% | 8h | $23.8M | $80.7M | 150x | as long as short |
| tradeXYZ xyz:CL | +0.213% | +0.0010% | 1h | $182.4M | $239.0M | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.216% | −0.0086% | 1h | $1K | $37K | 5x | as long as short |
| Aster CLUSD1 | +0.221% | −0.0025% | 4h | $24.7M | $60.1M | 20x | as long as short |
| Extended WTI-USD | +0.229% | +0.0032% | 1h | $1.9M | $30.3M | 10x | as long as short |
| Binance CLUSDT | +0.229% | 0.0000% | 4h | $252.9M | $869.9M | 100x | as long as short |
| OKX CL-USDT-SWAP | +0.229% | 0.0000% | 4h | $44.5M | $94.6M | 50x | as long as short |
| KuCoin CLUSDTM | +0.241% | +0.0100% | 4h | $7.4M | $804K | 50x | as long as short |
| edgeX CLUSDC | +0.248% | −0.0028% | 4h | $526K | $320K | 30x | as long as short |
| Injective WTI/USDC PERP | +0.987% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |
Coinbase International WTIOIL-PERP-INTX
gTrade (Gains Network)
ApeX Omni
GMX
Bullet
RISEx
Kraken Futures
Polymarket Perps
Variational Omni
StandX
Deribit
SoDEX
Gate
BloFin
Paradex
Lighter
Phoenix
Bitget
Pacifica
Bybit
tradeXYZ
Aster
Extended
Binance
OKX
KuCoin
Injective