Spread before costs (cost unknown: a leg has no order-book sample)+1.165%
7d average—if it closes, per $10,000$117funding while held, a day−$1.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CLUSDC | 91.528 | 0.0077 | pay 0.0038% / 4h | 2h 55m | $526K | $352K | 30x |
| Short | Injective WTI/USDC PERP | 92.595 | 0.0033 | get 0.0004% / 1h | 55m 20s | $18K | $14K | 30x |
Injective WTI/USDC PERPPrice 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
- $116.52
- Funding while held
- −$1.31
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $106.19
- Spread needed to break even
- 0.090%
Slippage unknown: edgeX: live order book, 50 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0044%
- Per $10,000 a day
- −$1.31
- 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 edgeX live order book, 50 min ago | 9.94 bp | 14.4 bp −$14 | 14.8 bp −$148 | 21.2 bp −$2,117 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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)91.324cheapestAftermath Perps91.458+0.147%Phoenix91.500+0.193%BloFin91.500+0.193%Variational Omni91.519+0.214%Ondo Perps91.530+0.226%StandX91.530+0.226%Gate91.540+0.237%ApeX Omni91.540+0.237%Bitget91.541+0.238%Nado91.548+0.245%Lighter91.549+0.246%SoDEX91.550+0.247%Paradex91.555+0.252%Pacifica91.560+0.258%Bullet91.565+0.263%dYdX91.569+0.269%QFEX91.570+0.269%KuCoin91.573+0.273%Polymarket Perps91.577+0.277%OKX91.580+0.280%Deribit91.580+0.280%Aster91.582+0.283%Aevo91.584+0.284%GMX91.585+0.286%Binance91.590+0.291%tradeXYZ91.594+0.296%Extended91.600+0.302%Kraken Futures91.605+0.308%Bybit91.610+0.313%RISEx91.629+0.334%Vest91.640+0.346%Coinbase International91.750+0.466%
gTrade (Gains Network)
Phoenix
BloFin
Variational Omni
Ondo Perps
StandX
Gate
ApeX Omni
Bitget
Nado
Lighter
SoDEX
Paradex
Pacifica
Bullet
dYdX
QFEX
KuCoin
Polymarket Perps
OKX
Deribit
Aster
Aevo
GMX
Binance
tradeXYZ
Extended
Kraken Futures
Bybit
RISEx
Vest
Coinbase InternationalInjective92.595+1.392%
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 | −0.223% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Aftermath Perps WTIUSD | −0.077% | −0.0078% | 1h | $2K | $36K | 5x | as long as short |
| Phoenix WTIOIL | −0.031% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| BloFin CL-USDT | −0.031% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| Variational Omni CL | −0.010% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| edgeX CLUSDClong | 0.000% | +0.0077% | 4h | $526K | $352K | 30x | |
| Ondo Perps WTI-USD.P | +0.002% | −0.0019% | 1h | $3.4M | $5.9M | 20x | as long as short |
| StandX CL-USD | +0.002% | +0.0040% | 1h | $719K | $2.2M | 40x | as long as short |
| Gate CL_USDT | +0.013% | 0.0000% | 8h | $21.2M | $59.1M | 100x | as long as short |
| ApeX Omni CLUSDT | +0.013% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CLUSDT | +0.014% | 0.0000% | 4h | $42.6M | $61.4M | 100x | as long as short |
| Nado WTI-PERP | +0.021% | +0.0007% | 1h | $817K | $728K | 10x | as long as short |
| Lighter WTI | +0.022% | +0.0008% | 1h | $11.0M | $12.1M | 20x | as long as short |
| SoDEX CL-USD | +0.023% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Paradex CL-USD-PERP | +0.028% | +0.0037% | 8h | $15K | — | 5x | as long as short |
| Pacifica CL | +0.034% | +0.0100% | 1h | $330K | $392K | 10x | as long as short |
| Bullet WTIOIL-USD | +0.039% | 0.0000% | 1h | $17K | $249K | 10x | as long as short |
| dYdX WTI-USD | +0.045% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| QFEX CL-USD | +0.045% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| KuCoin CLUSDTM | +0.049% | +0.0100% | 4h | $7.6M | $853K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.053% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.056% | 0.0000% | 4h | $43.5M | $106.6M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.056% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Aster CLUSD1 | +0.058% | −0.0024% | 4h | $24.8M | $62.9M | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.060% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.062% | L +0.0221% / S −0.0145% | 1h | $84K | — | 111x | as long as short |
| Binance CLUSDT | +0.067% | 0.0000% | 4h | $245.5M | $1.00B | 100x | as long as short |
| tradeXYZ xyz:CL | +0.072% | +0.0028% | 1h | $183.1M | $264.2M | 20x | as long as short |
| Extended WTI-USD | +0.078% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.084% | −0.0091% | 1h | $289K | $1.2M | 25x | as long as short |
| Bybit CLUSDT | +0.089% | 0.0000% | 8h | $25.2M | $93.2M | 150x | as long as short |
| RISEx CL/USDC | +0.110% | 0.0000% | 1h | $3.0M | $2.5M | 20x | as long as short |
| Vest CL-PERP | +0.122% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.242% | +0.0032% | 1h | $373K | $917K | 15x | as long as short |
| Injective WTI/USDC PERPshort | +1.165% | +0.0033% | 1h | $18K | $14K | 30x |