Spread before costs (cost unknown: a leg has no order-book sample)+0.294%
7d average—if it closes, per $10,000$29funding while held, a day+$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) WTI/USD | 92.099 | L 0.0000% / S +0.0036% | pay 0.0000% / 1h | 32m 09s | $4K | — | 150x |
| Short | Aevo WTIOIL-PERP | 92.370 | 0.0104 | get 0.0013% / 1h | 32m 09s | $4K | $49 | 10x |
Price 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
- $29.38
- Funding while held
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $8.5
- Spread needed to break even
- 0.240%
Slippage unknown: gTrade (Gains Network): no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Aevo: 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.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/USDlong | 0.000% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | |
| Coinbase International WTIOIL-PERP-INTX | +0.153% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| BloFin CL-USDT | +0.153% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.228% | −0.0066% | 1h | $2K | $36K | 5x | as long as short |
| Ondo Perps WTI-USD.P | +0.240% | +0.0012% | 1h | $3.4M | $5.1M | 20x | as long as short |
| StandX CL-USD | +0.251% | +0.0040% | 1h | $728K | $1.9M | 40x | as long as short |
| Gate CL_USDT | +0.262% | −0.0087% | 8h | $21.3M | $57.0M | 100x | as long as short |
| edgeX CLUSDC | +0.266% | −0.0079% | 4h | $529K | $320K | 30x | as long as short |
| Vest CL-PERP | +0.273% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| QFEX CL-USD | +0.283% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix WTIOIL | +0.283% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Variational Omni CL | +0.290% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| Aevo WTIOIL-PERPshort | +0.294% | +0.0104% | 1h | $4K | $49 | 10x | |
| Paradex CL-USD-PERP | +0.297% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| RISEx CL/USDC | +0.307% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.311% | L +0.0134% / S +0.0019% | 1h | $78K | — | 111x | as long as short |
| Bullet WTIOIL-USD | +0.313% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| SoDEX CL-USD | +0.315% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.316% | 0.0000% | 4h | $44.1M | $99.6M | 50x | as long as short |
| Pacifica CL | +0.319% | +0.0100% | 1h | $349K | $318K | 10x | as long as short |
| Lighter WTI | +0.319% | +0.0032% | 1h | $11.0M | $11.7M | 20x | as long as short |
| Bitget CLUSDT | +0.319% | 0.0000% | 4h | $43.2M | $56.9M | 100x | as long as short |
| Binance CLUSDT | +0.327% | 0.0000% | 4h | $248.9M | $917.6M | 100x | as long as short |
| Bybit CLUSDT | +0.327% | 0.0000% | 8h | $24.9M | $84.3M | 150x | as long as short |
| KuCoin CLUSDTM | +0.336% | +0.0100% | 4h | $7.4M | $801K | 50x | as long as short |
| Aster CLUSD1 | +0.336% | 0.0000% | 4h | $24.8M | $61.3M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.338% | −0.0075% | 1h | $97K | $455K | 15x | as long as short |
| tradeXYZ xyz:CL | +0.339% | +0.0046% | 1h | $185.4M | $248.8M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.342% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.343% | −0.0001% | 1h | $292K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | +0.345% | −0.0075% | 1h | $797K | $735K | 10x | as long as short |
| Extended WTI-USD | +0.349% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.349% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| dYdX WTI-USD | +0.362% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| Injective WTI/USDC PERP | +0.539% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |
gTrade (Gains Network) WTI/USD
Coinbase International
BloFin
StandX
Gate
Phoenix
Variational Omni
Paradex
RISEx
GMX
Bullet
SoDEX
OKX
Pacifica
Lighter
Bitget
Binance
Bybit
KuCoin
Aster
Deribit
tradeXYZ
Polymarket Perps
Kraken Futures
Extended
ApeX Omni
Injective