After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.038%7d average+0.041%fees + slippage, in and out−$42spread needed0.421%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CLUSDC | 91.478 | 0.0028 | pay 0.0014% / 4h | 2h 51m | $526K | $353K | 30x |
| Short | Polymarket Perps WTIOIL-USD | 91.513 | 0.0050 | get 0.0006% / 1h | 51m 39s | $1.6M | $1.4M | 20x |
Polymarket Perps WTIOIL-USDPrice 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
- $3.81
- Funding while held
- $0.67
- Slippage, 4 orders
- −$25.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$37.61
- Spread needed to break even
- 0.421%
Slippage from edgeX: live order book, 53 min ago; Polymarket Perps: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0022%
- Per $10,000 a day
- +$0.67
- 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, 53 min ago | 9.94 bp | 14.4 bp −$14 | 14.8 bp −$148 | 21.2 bp −$2,117 | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.29 bp | 6.8 bp −$7 | 7.7 bp −$77 | 11.3 bp −$1,129 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.217cheapestGate91.420+0.223%StandX91.430+0.234%OKX91.460+0.266%BloFin91.460+0.266%Bitget91.463+0.270%GMX91.465+0.272%SoDEX91.465+0.272%Lighter91.469+0.276%Binance91.470+0.277%Pacifica91.471+0.278%Paradex91.471+0.278%Aevo91.472+0.279%Bullet91.476+0.284%Ondo Perps91.480+0.288%KuCoin91.485+0.294%tradeXYZ91.486+0.295%Bybit91.487+0.296%Aster91.489+0.298%Aftermath Perps91.490+0.299%QFEX91.490+0.299%ApeX Omni91.490+0.299%dYdX91.491+0.301%Deribit91.500+0.310%Nado91.509+0.320%
gTrade (Gains Network)
Gate
StandX
OKX
BloFin
Bitget
GMX
SoDEX
Lighter
Binance
Pacifica
Paradex
Aevo
Bullet
Ondo Perps
KuCoin
tradeXYZ
Bybit
Aster
QFEX
ApeX Omni
dYdX
Deribit
NadoPolymarket Perps91.513+0.325%
Variational Omni91.519+0.331%Extended91.520+0.332%Phoenix91.520+0.332%Kraken Futures91.538+0.352%RISEx91.544+0.358%Vest91.570+0.387%Coinbase International91.750+0.584%Injective92.595+1.511%
Variational Omni
Extended
Phoenix
Kraken Futures
RISEx
Vest
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 | −0.285% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.064% | 0.0000% | 8h | $21.2M | $59.3M | 100x | as long as short |
| StandX CL-USD | −0.053% | +0.0040% | 1h | $718K | $2.3M | 40x | as long as short |
| OKX CL-USDT-SWAP | −0.020% | 0.0000% | 4h | $43.5M | $106.6M | 50x | as long as short |
| BloFin CL-USDT | −0.020% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| Bitget CLUSDT | −0.017% | 0.0000% | 4h | $42.5M | $61.4M | 100x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.014% | L +0.0221% / S −0.0145% | 1h | $84K | — | 111x | as long as short |
| SoDEX CL-USD | −0.014% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Lighter WTI | −0.010% | +0.0008% | 1h | $11.0M | $12.1M | 20x | as long as short |
| Binance CLUSDT | −0.009% | 0.0000% | 4h | $244.8M | $1.00B | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CL | −0.008% | +0.0100% | 1h | $330K | $392K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.008% | +0.0037% | 8h | $15K | — | 5x | as long as short |
| Aevo WTIOIL-PERP | −0.007% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bullet WTIOIL-USD | −0.002% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| edgeX CLUSDClong | 0.000% | +0.0028% | 4h | $526K | $353K | 30x | |
| Ondo Perps WTI-USD.P | +0.002% | −0.0022% | 1h | $3.4M | $5.9M | 20x | as long as short |
| KuCoin CLUSDTM | +0.008% | +0.0100% | 4h | $7.6M | $854K | 50x | as long as short |
| tradeXYZ xyz:CL | +0.009% | +0.0026% | 1h | $182.7M | $263.2M | 20x | as long as short |
| Bybit CLUSDT | +0.010% | 0.0000% | 8h | $25.3M | $93.4M | 150x | as long as short |
| Aster CLUSD1 | +0.012% | −0.0029% | 4h | $24.8M | $62.8M | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.013% | −0.0075% | 1h | $1K | $36K | 5x | as long as short |
| QFEX CL-USD | +0.013% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.013% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| dYdX WTI-USD | +0.014% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.024% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Nado WTI-PERP | +0.034% | +0.0021% | 1h | $816K | $725K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDshort | +0.038% | +0.0050% | 1h | $1.6M | $1.4M | 20x | |
| Variational Omni CL | +0.045% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| Extended WTI-USD | +0.046% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| Phoenix WTIOIL | +0.046% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.066% | −0.0091% | 1h | $289K | $1.2M | 25x | as long as short |
| RISEx CL/USDC | +0.072% | 0.0000% | 1h | $3.0M | $2.5M | 20x | as long as short |
| Vest CL-PERP | +0.100% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.297% | +0.0032% | 1h | $373K | $917K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.221% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |