After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.097%7d average+0.085%fees + slippage, in and out−$35spread needed0.355%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CL_USDT | 92.540 | −0.0203 | get 0.0203% / 8h | 2h 36m | $21.4M | $55.0M | 100x |
| Short | Bitget CLUSDT | 92.630 | −0.0026 | pay 0.0013% / 4h | 2h 36m | $43.3M | $53.9M | 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
- $9.73
- Funding while held
- $5.31
- Slippage, 4 orders
- −$8.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$20.45
- Spread needed to break even
- 0.355%
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0177%
- Per $10,000 a day
- +$5.31
- 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, 4 min ago | 0.54 bp | 9.5 bp −$9 | 14.2 bp −$142 | 29.7 bp −$2,973 | 36.5 bp −$18.3K |
| Sell Bitget live order book, 4 min ago | 0.22 bp | 8.0 bp −$8 | 10.4 bp −$104 | doesn't fit | doesn't fit |
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/USD | −0.292% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| StandX CL-USD | −0.011% | +0.0040% | 1h | $789K | $1.2M | 40x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.005% | −0.0103% | 1h | $354K | $983K | 25x | as long as short |
| Gate CL_USDTlong | 0.000% | −0.0203% | 8h | $21.4M | $55.0M | 100x | |
| Coinbase International WTIOIL-PERP-INTX | 0.000% | −0.0032% | 1h | $395K | $885K | 15x | as long as short |
| SoDEX CL-USD | +0.010% | +0.0050% | 1h | $2.0M | $29K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.011% | 0.0000% | 1h | $96K | $436K | 15x | as long as short |
| BloFin CL-USDT | +0.011% | +0.0226% | 4h | $4.3M | $1.1M | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.038% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| tradeXYZ xyz:CL | +0.038% | −0.0038% | 1h | $187.6M | $222.4M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX WTI-USD | +0.038% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| Ondo Perps WTI-USD.P | +0.043% | −0.0004% | 1h | $3.5M | $4.7M | 20x | as long as short |
| Vest CL-PERP | +0.043% | +0.0046% | 1h | — | $250 | 10x | as long as short |
| Bybit CLUSDT | +0.050% | 0.0000% | 8h | $24.1M | $74.9M | 150x | as long as short |
| Lighter WTI | +0.059% | +0.0032% | 1h | $11.2M | $11.0M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.059% | L +0.0237% / S −0.0173% | 1h | $89K | — | 111x | as long as short |
| OKX CL-USDT-SWAP | +0.065% | −0.0012% | 4h | $44.7M | $87.4M | 50x | as long as short |
| Bullet WTIOIL-USD | +0.067% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.069% | +0.0018% | 8h | $15K | — | 5x | as long as short |
| Binance CLUSDT | +0.071% | −0.0020% | 4h | $261.7M | $790.2M | 100x | as long as short |
| Pacifica CL | +0.077% | +0.0001% | 1h | $337K | $296K | 10x | as long as short |
| QFEX CL-USD | +0.086% | −0.0027% | 1h | $2.3M | $2.4M | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.086% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Extended WTI-USD | +0.097% | +0.0032% | 1h | $2.0M | $30.0M | 10x | as long as short |
| Bitget CLUSDTshort | +0.097% | −0.0026% | 4h | $43.3M | $53.9M | 100x | |
| Aster CLUSD1 | +0.112% | −0.0103% | 4h | $25.0M | $58.3M | 20x | as long as short |
| KuCoin CLUSDTM | +0.123% | +0.0100% | 4h | $7.4M | $779K | 50x | as long as short |
| Phoenix WTIOIL | +0.130% | −0.0034% | 1h | $31K | $254K | 20x | as long as short |
| Nado WTI-PERP | +0.134% | −0.0038% | 1h | $820K | $666K | 10x | as long as short |
| RISEx CL/USDC | +0.146% | 0.0000% | 1h | $3.0M | $883K | 20x | as long as short |
| edgeX CLUSDC | +0.170% | −0.0016% | 4h | $532K | $320K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.195% | −0.0157% | 1h | $2K | $38K | 5x | as long as short |
| ApeX Omni CLUSDT | +0.205% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| Variational Omni CL | +0.320% | −0.0013% | 4h | $13.4M | $16.4M | — | as long as short |
| Injective WTI/USDC PERP | +0.850% | +0.0209% | 1h | $18K | $31K | 30x | as long as short |
Gate CL_USDT
Bitget CLUSDT
gTrade (Gains Network)
StandX
Kraken Futures
Coinbase International
SoDEX
Deribit
BloFin
tradeXYZ
Bybit
Lighter
GMX
OKX
Bullet
Paradex
Binance
Pacifica
Polymarket Perps
Extended
Aster
KuCoin
Phoenix
RISEx
ApeX Omni
Variational Omni
Injective