Spread before costs (cost unknown: a leg has no order-book sample)+0.270%
7d average—if it closes, per $10,000$27funding while held, a day−$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) WTI/USD | 91.902 | L 0.0000% / S +0.0036% | pay 0.0000% / 1h | 50m 58s | $4K | — | 150x |
| Short | Gate CL_USDT | 92.150 | 0 | get 0.0000% / 8h | 5h 50m | $21.1M | $60.7M | 100x |
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
- $26.99
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $3.98
- Spread needed to break even
- 0.230%
Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.00
- 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 Gate live order book, 4 min ago | 0.54 bp | 9.1 bp −$9 | 12.6 bp −$126 | 26.3 bp −$2,629 | 34.0 bp −$17.0K |
gTrade (Gains Network): 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 | |
| Variational Omni CL | +0.227% | −0.0003% | 4h | $13.4M | $17.7M | — | as long as short |
| Gate CL_USDTshort | +0.270% | 0.0000% | 8h | $21.1M | $60.7M | 100x | |
| StandX CL-USD | +0.270% | +0.0040% | 1h | $726K | $2.4M | 40x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.297% | L +0.0131% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| ApeX Omni CLUSDT | +0.313% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| SoDEX CL-USD | +0.313% | +0.0050% | 1h | $2.0M | $44K | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.316% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Lighter WTI | +0.319% | +0.0024% | 1h | $11.1M | $12.4M | 20x | as long as short |
| Bullet WTIOIL-USD | +0.319% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | +0.325% | −0.0083% | 1h | $2K | $34K | 5x | as long as short |
| Binance CLUSDT | +0.335% | −0.0036% | 4h | $244.8M | $1.02B | 100x | as long as short |
| OKX CL-USDT-SWAP | +0.335% | 0.0000% | 4h | $43.3M | $109.8M | 50x | as long as short |
| BloFin CL-USDT | +0.335% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Bitget CLUSDT | +0.337% | 0.0000% | 4h | $42.5M | $63.0M | 100x | as long as short |
| Ondo Perps WTI-USD.P | +0.346% | −0.0009% | 1h | $3.5M | $6.1M | 20x | as long as short |
| tradeXYZ xyz:CL | +0.357% | +0.0050% | 1h | $190.9M | $274.0M | 20x | as long as short |
| QFEX CL-USD | +0.357% | −0.0022% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.357% | 0.0000% | 1h | $96K | $470K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.357% | +0.0016% | 1h | $387K | $1.1M | 15x | as long as short |
| Paradex CL-USD-PERP | +0.357% | +0.0032% | 8h | $15K | $367 | 5x | as long as short |
| Bybit CLUSDT | +0.359% | 0.0000% | 8h | $25.6M | $94.6M | 150x | as long as short |
| edgeX CLUSDC | +0.363% | +0.0003% | 4h | $531K | $352K | 30x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.366% | +0.0065% | 1h | $262K | $1.3M | 25x | as long as short |
| Aster CLUSD1 | +0.368% | −0.0093% | 4h | $25.0M | $63.9M | 20x | as long as short |
| KuCoin CLUSDTM | +0.375% | +0.0100% | 4h | $7.6M | $865K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.378% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Phoenix WTIOIL | +0.379% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Extended WTI-USD | +0.390% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Pacifica CL | +0.394% | +0.0100% | 1h | $321K | $446K | 10x | as long as short |
| Nado WTI-PERP | +0.409% | −0.0002% | 1h | $826K | $728K | 10x | as long as short |
| Vest CL-PERP | +0.411% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| dYdX WTI-USD | +0.441% | 0.0000% | 1h | $6K | $10 | 5x | as long as short |
| RISEx CL/USDC | +0.465% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.754% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |
gTrade (Gains Network) WTI/USD
Gate CL_USDT
Variational Omni
StandX
GMX
ApeX Omni
SoDEX
Lighter
Bullet
Binance
OKX
BloFin
Bitget
tradeXYZ
Deribit
Coinbase International
Paradex
Bybit
Kraken Futures
Aster
KuCoin
Polymarket Perps
Phoenix
Extended
Pacifica
RISEx
Injective