Spread before costs (cost unknown: a leg has no order-book sample)−0.078%
7d average—if it closes, per $10,000$8funding while held, a day−$0.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WTI-USD | 91.350 | 0 | get 0.0000% / 1h | 7m 10s | $5K | $87 | 5x |
| Short | tradeXYZ xyz:CL | 91.279 | −0.0033 | pay 0.0004% / 1h | 7m 10s | $183.2M | $261.5M | 20x |
dYdX WTI-USD
tradeXYZ xyz:CLPrice 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
- −$7.79
- Funding while held
- −$0.98
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.77
- Spread needed to break even
- 0.280%
Slippage unknown: dYdX: no order-book sample; tradeXYZ: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0033%
- Per $10,000 a day
- −$0.98
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 4 min ago | 0.33 bp | 9.3 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
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)91.024cheapestGate91.230+0.226%Ondo Perps91.240+0.237%Bitget91.246+0.244%Pacifica91.264+0.264%Paradex91.264+0.264%GMX91.265+0.265%Aevo91.267+0.267%Bullet91.270+0.270%Polymarket Perps91.271+0.271%SoDEX91.273+0.274%
gTrade (Gains Network)
Gate
Ondo Perps
Bitget
Pacifica
Paradex
GMX
Aevo
Bullet
Polymarket Perps
SoDEXtradeXYZ91.279+0.280%
Nado91.279+0.281%Binance91.280+0.281%BloFin91.280+0.281%Lighter91.286+0.288%Bybit91.290+0.292%OKX91.290+0.292%QFEX91.290+0.292%KuCoin91.293+0.296%ApeX Omni91.300+0.303%StandX91.300+0.303%Kraken Futures91.316+0.321%Extended91.320+0.325%Aster91.320+0.325%Deribit91.320+0.325%RISEx91.326+0.331%edgeX91.336+0.343%Aftermath Perps91.341+0.348%
Nado
Binance
BloFin
Lighter
Bybit
OKX
QFEX
KuCoin
ApeX Omni
StandX
Kraken Futures
Extended
Aster
Deribit
RISExdYdX91.350+0.358%
Vest91.360+0.369%Variational Omni91.394+0.406%Phoenix91.410+0.424%Coinbase International91.750+0.798%Injective92.595+1.726%
Vest
Variational Omni
Phoenix
Coinbase International
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 | −0.357% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.132% | 0.0000% | 8h | $21.0M | $59.3M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.121% | +0.0023% | 1h | $3.4M | $5.9M | 20x | as long as short |
| Bitget CLUSDT | −0.114% | 0.0000% | 4h | $42.7M | $61.0M | 100x | as long as short |
| Pacifica CL | −0.094% | +0.0100% | 1h | $330K | $374K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.094% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.093% | L +0.0220% / S −0.0149% | 1h | $82K | — | 111x | as long as short |
| Aevo WTIOIL-PERP | −0.091% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bullet WTIOIL-USD | −0.088% | 0.0000% | 1h | $19K | $248K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.087% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.084% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| tradeXYZ xyz:CLshort | −0.078% | −0.0033% | 1h | $183.2M | $261.5M | 20x | |
| Nado WTI-PERP | −0.077% | +0.0015% | 1h | $814K | $765K | 10x | as long as short |
| Binance CLUSDT | −0.077% | 0.0000% | 4h | $245.1M | $999.6M | 100x | as long as short |
| BloFin CL-USDT | −0.077% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| Lighter WTI | −0.070% | −0.0016% | 1h | $11.0M | $12.2M | 20x | as long as short |
| Bybit CLUSDT | −0.066% | 0.0000% | 8h | $25.0M | $93.1M | 150x | as long as short |
| OKX CL-USDT-SWAP | −0.066% | 0.0000% | 4h | $43.3M | $106.2M | 50x | as long as short |
| QFEX CL-USD | −0.066% | −0.0016% | 1h | $2.4M | $2.9M | 10x | as long as short |
| KuCoin CLUSDTM | −0.063% | +0.0100% | 4h | $7.5M | $857K | 50x | as long as short |
| ApeX Omni CLUSDT | −0.055% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| StandX CL-USD | −0.055% | +0.0040% | 1h | $718K | $2.2M | 40x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.037% | −0.0038% | 1h | $294K | $1.2M | 25x | as long as short |
| Extended WTI-USD | −0.033% | +0.0032% | 1h | $2.0M | $30.5M | 10x | as long as short |
| Aster CLUSD1 | −0.033% | −0.0013% | 4h | $24.7M | $63.3M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.033% | 0.0000% | 1h | $95K | $473K | 15x | as long as short |
| RISEx CL/USDC | −0.027% | 0.0000% | 1h | $3.0M | $2.5M | 20x | as long as short |
| edgeX CLUSDC | −0.015% | +0.0054% | 4h | $525K | $353K | 30x | as long as short |
| Aftermath Perps WTIUSD | −0.010% | −0.0078% | 1h | $2K | $35K | 5x | as long as short |
| dYdX WTI-USDlong | 0.000% | 0.0000% | 1h | $5K | $87 | 5x | |
| Vest CL-PERP | +0.011% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Variational Omni CL | +0.048% | 0.0000% | 4h | $12.4M | $17.4M | — | as long as short |
| Phoenix WTIOIL | +0.066% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.438% | +0.0016% | 1h | $373K | $917K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.363% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |