After costs, if the gap returns to its 7d average, $10k−$243
spread now+0.343%7d average—fees + slippage, in and out−$277spread needed2.773%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) WTI/USD | 92.165 | L −0.0038% / S +0.0036% | get 0.0005% / 1h | 6m 57s | $179K | — | 150x |
| Short | Nado WTI-PERP | 92.481 | 0.0002 | get 0.0000% / 1h | 6m 57s | $832K | $736K | 10x |
gTrade (Gains Network) WTI/USD
Nado WTI-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
- $34.34
- Funding while held
- $1.2
- Slippage, 4 orders
- −$262.33
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$241.79
- Spread needed to break even
- 2.773%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 19 min ago; Nado: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0040%
- Per $10,000 a day
- +$1.20
- 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) virtual book (oracle venue), 19 min ago | 130.00 bp | 134.0 bp −$134 | 499.7 bp −$4,997 | 4168.8 bp −$416.9K | 17636.6 bp −$8.82M |
| Sell Nado live order book, 28 min ago | 0.05 bp | 4.9 bp −$5 | 9.6 bp −$96 | 28.8 bp −$2,884 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.165cheapest
StandX92.250+0.092%Coinbase International92.340+0.190%BloFin92.400+0.255%Variational Omni92.408+0.264%Gate92.420+0.277%edgeX92.420+0.277%Aftermath Perps92.426+0.283%Paradex92.427+0.284%Aevo92.434+0.292%GMX92.435+0.293%SoDEX92.435+0.293%QFEX92.440+0.298%Bullet92.442+0.301%Lighter92.447+0.306%Ondo Perps92.450+0.309%Pacifica92.455+0.315%Polymarket Perps92.466+0.327%OKX92.470+0.331%Deribit92.470+0.331%dYdX92.473+0.334%Kraken Futures92.475+0.337%tradeXYZ92.477+0.339%Binance92.478+0.340%Aster92.480+0.342%Phoenix92.480+0.342%
StandX
Coinbase International
BloFin
Variational Omni
Gate
Paradex
Aevo
GMX
SoDEX
QFEX
Bullet
Lighter
Ondo Perps
Pacifica
Polymarket Perps
OKX
Deribit
dYdX
Kraken Futures
tradeXYZ
Binance
Aster
PhoenixNado92.481+0.343%
Bitget92.489+0.352%KuCoin92.490+0.353%Bybit92.501+0.365%Extended92.510+0.374%ApeX Omni92.510+0.374%Vest92.520+0.385%RISEx92.551+0.419%Injective92.595+0.467%
Bitget
KuCoin
Bybit
Extended
ApeX Omni
Vest
RISEx
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/USDlong | 0.000% | L −0.0038% / S +0.0036% | 1h | $179K | — | 150x | |
| StandX CL-USD | +0.092% | +0.0040% | 1h | $727K | $2.5M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.190% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| BloFin CL-USDT | +0.255% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Variational Omni CL | +0.264% | −0.0030% | 4h | $13.6M | $17.2M | — | as long as short |
| Gate CL_USDT | +0.277% | 0.0000% | 8h | $21.1M | $61.7M | 100x | as long as short |
| edgeX CLUSDC | +0.277% | +0.0010% | 4h | $531K | $351K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.283% | −0.0074% | 1h | $2K | $34K | 5x | as long as short |
| Paradex CL-USD-PERP | +0.284% | +0.0038% | 8h | $15K | $367 | 5x | as long as short |
| Aevo WTIOIL-PERP | +0.292% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX WTIOIL/USD [ETH-USDC] | +0.293% | L +0.0130% / S +0.0031% | 1h | $79K | — | 111x | as long as short |
| SoDEX CL-USD | +0.293% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| QFEX CL-USD | +0.298% | −0.0022% | 1h | $2.4M | $2.8M | 10x | as long as short |
| Bullet WTIOIL-USD | +0.301% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Lighter WTI | +0.306% | +0.0008% | 1h | $11.2M | $12.8M | 20x | as long as short |
| Ondo Perps WTI-USD.P | +0.309% | −0.0010% | 1h | $3.5M | $6.2M | 20x | as long as short |
| Pacifica CL | +0.315% | +0.0100% | 1h | $312K | $537K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.327% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.331% | 0.0000% | 4h | $43.5M | $111.6M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.331% | 0.0000% | 1h | $96K | $463K | 15x | as long as short |
| dYdX WTI-USD | +0.334% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.337% | +0.0064% | 1h | $259K | $1.3M | 25x | as long as short |
| tradeXYZ xyz:CL | +0.339% | +0.0050% | 1h | $186.2M | $281.3M | 20x | as long as short |
| Binance CLUSDT | +0.340% | −0.0049% | 4h | $245.3M | $1.04B | 100x | as long as short |
| Aster CLUSD1 | +0.342% | −0.0076% | 4h | $25.0M | $70.6M | 20x | as long as short |
| Phoenix WTIOIL | +0.342% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Nado WTI-PERPshort | +0.343% | +0.0002% | 1h | $832K | $736K | 10x | |
| Bitget CLUSDT | +0.352% | 0.0000% | 4h | $42.7M | $63.3M | 100x | as long as short |
| KuCoin CLUSDTM | +0.353% | +0.0100% | 4h | $7.6M | $1.1M | 50x | as long as short |
| Bybit CLUSDT | +0.365% | 0.0000% | 8h | $25.1M | $95.3M | 150x | as long as short |
| Extended WTI-USD | +0.374% | +0.0032% | 1h | $1.9M | $30.0M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.374% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Vest CL-PERP | +0.385% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| RISEx CL/USDC | +0.419% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.467% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |