After costs, if the gap returns to its 7d average, $10k−$25
spread now−0.097%7d average−0.113%fees + slippage, in and out−$27spread needed0.267%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WTIOIL_USDC-PERPETUAL | 92.430 | 0 | get 0.0000% / 1h | 11m 30s | $96K | $466K | 15x |
| Short | Coinbase International WTIOIL-PERP-INTX | 92.340 | 0.0016 | get 0.0002% / 1h | 11m 30s | $389K | $1.1M | 15x |
Deribit WTIOIL_USDC-PERPETUAL
Coinbase International WTIOIL-PERP-INTXPrice 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
- −$9.74
- Funding while held
- $0.48
- Slippage, 4 orders
- −$9.71
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.97
- Spread needed to break even
- 0.267%
Slippage from Deribit: live order book, 54 min ago; Coinbase International: live order book, 3 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 Deribit live order book, 54 min ago | 0.54 bp | 4.0 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.16 bp | 7.2 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.124cheapestVariational Omni92.278+0.167%StandX92.290+0.180%Gate92.330+0.224%
gTrade (Gains Network)
Variational Omni
StandX
GateCoinbase International92.340+0.234%
BloFin92.370+0.267%Aftermath Perps92.373+0.270%Binance92.380+0.278%Bitget92.386+0.284%Paradex92.387+0.286%OKX92.390+0.289%Ondo Perps92.390+0.289%GMX92.395+0.294%SoDEX92.395+0.294%Bullet92.397+0.296%Bybit92.400+0.300%QFEX92.400+0.300%ApeX Omni92.400+0.300%Aster92.402+0.301%Aevo92.405+0.305%tradeXYZ92.406+0.306%Lighter92.406+0.306%Pacifica92.418+0.319%Polymarket Perps92.420+0.321%edgeX92.421+0.322%
BloFin
Binance
Bitget
Paradex
OKX
Ondo Perps
GMX
SoDEX
Bullet
Bybit
QFEX
ApeX Omni
Aster
Aevo
tradeXYZ
Lighter
Pacifica
Polymarket PerpsDeribit92.430+0.332%
KuCoin92.435+0.338%Nado92.436+0.339%Kraken Futures92.437+0.340%Extended92.450+0.354%Phoenix92.460+0.365%Vest92.470+0.376%dYdX92.473+0.379%RISEx92.505+0.414%Injective92.595+0.511%
KuCoin
Nado
Kraken Futures
Extended
Phoenix
Vest
dYdX
RISEx
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 | −0.331% | L −0.0038% / S +0.0036% | 1h | $179K | — | 150x | as long as short |
| Variational Omni CL | −0.164% | −0.0027% | 4h | $13.5M | $17.2M | — | as long as short |
| StandX CL-USD | −0.151% | +0.0040% | 1h | $727K | $2.5M | 40x | as long as short |
| Gate CL_USDT | −0.108% | 0.0000% | 8h | $21.1M | $61.7M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTXshort | −0.097% | +0.0016% | 1h | $389K | $1.1M | 15x | |
| BloFin CL-USDT | −0.065% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.062% | −0.0078% | 1h | $2K | $34K | 5x | as long as short |
| Binance CLUSDT | −0.054% | −0.0049% | 4h | $244.9M | $1.04B | 100x | as long as short |
| Bitget CLUSDT | −0.048% | 0.0000% | 4h | $42.6M | $63.3M | 100x | as long as short |
| Paradex CL-USD-PERP | −0.046% | +0.0037% | 8h | $15K | $367 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.043% | 0.0000% | 4h | $43.5M | $111.4M | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.043% | −0.0012% | 1h | $3.5M | $6.2M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.038% | L +0.0130% / S +0.0031% | 1h | $79K | — | 111x | as long as short |
| SoDEX CL-USD | −0.038% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| Bullet WTIOIL-USD | −0.036% | 0.0000% | 1h | $18K | $249K | 10x | as long as short |
| Bybit CLUSDT | −0.032% | 0.0000% | 8h | $25.1M | $95.4M | 150x | as long as short |
| QFEX CL-USD | −0.032% | −0.0022% | 1h | $2.4M | $2.8M | 10x | as long as short |
| ApeX Omni CLUSDT | −0.032% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Aster CLUSD1 | −0.031% | −0.0079% | 4h | $25.0M | $70.6M | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.027% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| tradeXYZ xyz:CL | −0.026% | +0.0050% | 1h | $186.1M | $281.6M | 20x | as long as short |
| Lighter WTI | −0.026% | +0.0016% | 1h | $11.2M | $12.8M | 20x | as long as short |
| Pacifica CL | −0.013% | +0.0100% | 1h | $312K | $537K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.011% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| edgeX CLUSDC | −0.010% | +0.0045% | 4h | $531K | $351K | 30x | as long as short |
| Deribit WTIOIL_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $96K | $466K | 15x | |
| KuCoin CLUSDTM | +0.005% | +0.0100% | 4h | $7.6M | $1.1M | 50x | as long as short |
| Nado WTI-PERP | +0.006% | +0.0004% | 1h | $832K | $736K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.008% | +0.0064% | 1h | $259K | $1.3M | 25x | as long as short |
| Extended WTI-USD | +0.022% | +0.0032% | 1h | $1.9M | $30.0M | 10x | as long as short |
| Phoenix WTIOIL | +0.032% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Vest CL-PERP | +0.043% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| dYdX WTI-USD | +0.046% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| RISEx CL/USDC | +0.082% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.179% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |