After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.062%7d average+0.095%fees + slippage, in and out−$30spread needed0.303%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CL_USDT | 92.240 | −0.0159 | get 0.0159% / 8h | 1h 47m | $21.3M | $55.1M | 100x |
| Short | Binance CLUSDT | 92.297 | 0 | get 0.0000% / 4h | 1h 47m | $253.7M | $838.0M | 100x |
Gate CL_USDT
Binance CLUSDTPrice 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
- $6.2
- Funding while held
- $4.77
- Slippage, 4 orders
- −$5.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.35
- Spread needed to break even
- 0.303%
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0159%
- Per $10,000 a day
- +$4.77
- 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 Gate live order book, 3 min ago | 1.08 bp | 9.2 bp −$9 | 13.9 bp −$139 | 31.0 bp −$3,101 | 39.6 bp −$19.8K |
| Sell Binance live order book, 13 min ago | 0.54 bp | 5.5 bp −$6 | 6.2 bp −$62 | 10.1 bp −$1,009 | 22.8 bp −$11.4K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.901cheapestLighter92.193+0.318%
gTrade (Gains Network)
LighterGate92.240+0.369%
Aevo92.242+0.371%OKX92.250+0.380%Bitget92.252+0.382%Bybit92.260+0.391%Ondo Perps92.260+0.391%Vest92.260+0.391%Phoenix92.260+0.391%SoDEX92.263+0.394%Deribit92.270+0.402%dYdX92.270+0.402%Kraken Futures92.272+0.404%Pacifica92.281+0.413%tradeXYZ92.289+0.422%Paradex92.294+0.428%GMX92.295+0.429%
Aevo
OKX
Bitget
Bybit
Ondo Perps
Vest
Phoenix
SoDEX
Deribit
dYdX
Kraken Futures
Pacifica
tradeXYZ
Paradex
GMXBinance92.297+0.431%
Extended92.300+0.434%Bullet92.305+0.440%Polymarket Perps92.308+0.443%Aster92.311+0.446%Coinbase International92.320+0.456%BloFin92.320+0.456%KuCoin92.330+0.467%QFEX92.350+0.489%Nado92.377+0.518%RISEx92.382+0.523%Aftermath Perps92.466+0.615%edgeX92.516+0.669%Variational Omni92.551+0.708%ApeX Omni92.560+0.717%StandX92.590+0.750%Injective92.595+0.755%
Extended
Bullet
Polymarket Perps
Aster
Coinbase International
BloFin
KuCoin
QFEX
Nado
RISEx
Variational Omni
ApeX Omni
StandX
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 | −0.368% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Lighter WTI | −0.051% | +0.0032% | 1h | $11.1M | $11.4M | 20x | as long as short |
| Gate CL_USDTlong | 0.000% | −0.0159% | 8h | $21.3M | $55.1M | 100x | |
| Aevo WTIOIL-PERP | +0.002% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| OKX CL-USDT-SWAP | +0.011% | 0.0000% | 4h | $44.4M | $91.5M | 50x | as long as short |
| Bitget CLUSDT | +0.013% | 0.0000% | 4h | $42.8M | $55.3M | 100x | as long as short |
| Bybit CLUSDT | +0.022% | 0.0000% | 8h | $24.2M | $78.3M | 150x | as long as short |
| Ondo Perps WTI-USD.P | +0.022% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| Vest CL-PERP | +0.022% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Phoenix WTIOIL | +0.022% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | +0.025% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.033% | 0.0000% | 1h | $96K | $451K | 15x | as long as short |
| dYdX WTI-USD | +0.033% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.035% | +0.0058% | 1h | $362K | $1.0M | 25x | as long as short |
| Pacifica CL | +0.044% | +0.0100% | 1h | $344K | $291K | 10x | as long as short |
| tradeXYZ xyz:CL | +0.053% | +0.0026% | 1h | $183.7M | $234.1M | 20x | as long as short |
| Paradex CL-USD-PERP | +0.059% | +0.0038% | 8h | $15K | — | 5x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.060% | L +0.0232% / S −0.0163% | 1h | $86K | — | 111x | as long as short |
| Binance CLUSDTshort | +0.062% | 0.0000% | 4h | $253.7M | $838.0M | 100x | |
| Extended WTI-USD | +0.065% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| Bullet WTIOIL-USD | +0.070% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.074% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Aster CLUSD1 | +0.077% | −0.0023% | 4h | $24.8M | $59.6M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.087% | +0.0024% | 1h | $396K | $906K | 15x | as long as short |
| BloFin CL-USDT | +0.087% | +0.0240% | 4h | $4.3M | $1.3M | 50x | as long as short |
| KuCoin CLUSDTM | +0.098% | +0.0100% | 4h | $7.4M | $793K | 50x | as long as short |
| QFEX CL-USD | +0.119% | −0.0015% | 1h | $2.3M | $2.6M | 10x | as long as short |
| Nado WTI-PERP | +0.149% | −0.0067% | 1h | $813K | $683K | 10x | as long as short |
| RISEx CL/USDC | +0.154% | 0.0000% | 1h | $3.0M | $1.0M | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.246% | −0.0101% | 1h | $2K | $38K | 5x | as long as short |
| edgeX CLUSDC | +0.299% | −0.0022% | 4h | $529K | $319K | 30x | as long as short |
| Variational Omni CL | +0.338% | 0.0000% | 4h | $12.6M | $16.9M | — | as long as short |
| ApeX Omni CLUSDT | +0.347% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| StandX CL-USD | +0.379% | +0.0040% | 1h | $734K | $1.4M | 40x | as long as short |
| Injective WTI/USDC PERP | +0.385% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |