After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.006%7d average−0.019%fees + slippage, in and out−$41spread needed0.414%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WTIOIL_USDC-PERPETUAL | 92.230 | 0 | get 0.0000% / 1h | 51m 24s | $96K | $470K | 15x |
| Short | edgeX CLUSDC | 92.236 | 0.0003 | get 0.0002% / 4h | 1h 51m | $531K | $352K | 30x |
Deribit WTIOIL_USDC-PERPETUALPrice 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
- $0.61
- Funding while held
- $0.09
- Slippage, 4 orders
- −$25.36
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$40.65
- Spread needed to break even
- 0.414%
Slippage from Deribit: live order book, 14 min ago; edgeX: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0003%
- Per $10,000 a day
- +$0.09
- 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, 14 min ago | 0.54 bp | 4.0 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 49 min ago | 9.99 bp | 14.5 bp −$14 | 14.8 bp −$148 | 22.2 bp −$2,216 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.902cheapestVariational Omni92.111+0.227%Gate92.140+0.259%StandX92.150+0.270%BloFin92.170+0.292%GMX92.175+0.297%Binance92.180+0.302%OKX92.190+0.313%ApeX Omni92.190+0.313%SoDEX92.190+0.313%Bitget92.191+0.314%Aevo92.192+0.316%Bullet92.195+0.319%Aftermath Perps92.201+0.325%Extended92.210+0.335%Bybit92.210+0.335%tradeXYZ92.220+0.346%Ondo Perps92.220+0.346%Nado92.226+0.352%QFEX92.230+0.357%
gTrade (Gains Network)
Variational Omni
Gate
StandX
BloFin
GMX
Binance
OKX
ApeX Omni
SoDEX
Bitget
Aevo
Bullet
Extended
Bybit
tradeXYZ
Ondo Perps
Nado
QFEXDeribit92.230+0.357%
Coinbase International92.230+0.357%Paradex92.230+0.357%Kraken Futures92.238+0.366%Lighter92.243+0.371%Aster92.245+0.373%Polymarket Perps92.249+0.378%Phoenix92.250+0.379%KuCoin92.263+0.393%Pacifica92.264+0.394%Vest92.280+0.411%dYdX92.308+0.441%RISEx92.330+0.465%Injective92.595+0.754%
Coinbase International
Paradex
Kraken Futures
Lighter
Aster
Polymarket Perps
Phoenix
KuCoin
Pacifica
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 | −0.356% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.129% | −0.0003% | 4h | $13.4M | $17.7M | — | as long as short |
| Gate CL_USDT | −0.098% | 0.0000% | 8h | $21.1M | $60.7M | 100x | as long as short |
| StandX CL-USD | −0.087% | +0.0040% | 1h | $726K | $2.4M | 40x | as long as short |
| BloFin CL-USDT | −0.065% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.060% | L +0.0131% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| Binance CLUSDT | −0.054% | −0.0036% | 4h | $244.8M | $1.02B | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.043% | 0.0000% | 4h | $43.3M | $109.8M | 50x | as long as short |
| ApeX Omni CLUSDT | −0.043% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| SoDEX CL-USD | −0.043% | +0.0050% | 1h | $2.0M | $44K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CLUSDT | −0.042% | 0.0000% | 4h | $42.5M | $63.0M | 100x | as long as short |
| Aevo WTIOIL-PERP | −0.041% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bullet WTIOIL-USD | −0.038% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.032% | −0.0083% | 1h | $2K | $34K | 5x | as long as short |
| Extended WTI-USD | −0.022% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Bybit CLUSDT | −0.022% | 0.0000% | 8h | $25.6M | $94.6M | 150x | as long as short |
| tradeXYZ xyz:CL | −0.011% | +0.0050% | 1h | $190.9M | $273.9M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.011% | −0.0009% | 1h | $3.5M | $6.1M | 20x | as long as short |
| Nado WTI-PERP | −0.005% | −0.0002% | 1h | $826K | $728K | 10x | as long as short |
| QFEX CL-USD | 0.000% | −0.0022% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $96K | $470K | 15x | |
| Coinbase International WTIOIL-PERP-INTX | 0.000% | +0.0016% | 1h | $387K | $1.1M | 15x | as long as short |
| Paradex CL-USD-PERP | 0.000% | +0.0032% | 8h | $15K | $367 | 5x | as long as short |
| edgeX CLUSDCshort | +0.006% | +0.0003% | 4h | $531K | $352K | 30x | |
| Kraken Futures PF_WTIOILUSD | +0.009% | +0.0065% | 1h | $262K | $1.3M | 25x | as long as short |
| Lighter WTI | +0.014% | +0.0024% | 1h | $11.1M | $12.4M | 20x | as long as short |
| Aster CLUSD1 | +0.016% | −0.0093% | 4h | $25.0M | $63.9M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.021% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Phoenix WTIOIL | +0.022% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| KuCoin CLUSDTM | +0.036% | +0.0100% | 4h | $7.6M | $865K | 50x | as long as short |
| Pacifica CL | +0.037% | +0.0100% | 1h | $321K | $446K | 10x | as long as short |
| Vest CL-PERP | +0.054% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| dYdX WTI-USD | +0.084% | 0.0000% | 1h | $6K | $10 | 5x | as long as short |
| RISEx CL/USDC | +0.108% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.396% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |