After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.117%7d average+0.072%fees + slippage, in and out−$41spread needed0.410%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CL_USDT | 92.130 | 0 | get 0.0000% / 8h | 5h 50m | $21.1M | $60.7M | 100x |
| Short | Kraken Futures PF_WTIOILUSD | 92.238 | 0.0065 | get 0.0008% / 1h | 50m 38s | $262K | $1.3M | 25x |
Gate CL_USDT
Kraken Futures PF_WTIOILUSDPrice 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
- $11.72
- Funding while held
- $1.94
- Slippage, 4 orders
- −$15.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$27.32
- Spread needed to break even
- 0.410%
Slippage from Gate: live order book, 5 min ago; Kraken Futures: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0065%
- Per $10,000 a day
- +$1.94
- 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, 5 min ago | 0.54 bp | 10.9 bp −$11 | 15.5 bp −$155 | 27.5 bp −$2,750 | 34.6 bp −$17.3K |
| Sell Kraken Futures live order book, 4 min ago | 2.71 bp | 9.5 bp −$10 | 22.7 bp −$227 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.902cheapest
gTrade (Gains Network)Gate92.130+0.248%
StandX92.150+0.270%Ondo Perps92.160+0.281%Binance92.170+0.292%QFEX92.170+0.292%Paradex92.171+0.292%GMX92.175+0.297%Bybit92.180+0.302%OKX92.190+0.313%ApeX Omni92.190+0.313%SoDEX92.190+0.313%Aevo92.192+0.316%Lighter92.194+0.318%Bullet92.195+0.319%Bitget92.198+0.322%Aftermath Perps92.201+0.325%BloFin92.210+0.335%Pacifica92.212+0.337%Extended92.220+0.346%dYdX92.224+0.350%Aster92.227+0.354%Deribit92.230+0.357%Coinbase International92.230+0.357%KuCoin92.234+0.361%edgeX92.236+0.363%tradeXYZ92.236+0.363%
StandX
Ondo Perps
Binance
QFEX
Paradex
GMX
Bybit
OKX
ApeX Omni
SoDEX
Aevo
Lighter
Bullet
Bitget
BloFin
Pacifica
Extended
dYdX
Aster
Deribit
Coinbase International
KuCoin
tradeXYZKraken Futures92.238+0.366%
Polymarket Perps92.249+0.378%Phoenix92.250+0.379%RISEx92.261+0.391%Variational Omni92.267+0.397%Nado92.278+0.409%Vest92.280+0.411%Injective92.595+0.754%
Polymarket Perps
Phoenix
RISEx
Variational Omni
Nado
Vest
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 | −0.247% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDTlong | 0.000% | 0.0000% | 8h | $21.1M | $60.7M | 100x | |
| StandX CL-USD | +0.022% | +0.0040% | 1h | $726K | $2.4M | 40x | as long as short |
| Ondo Perps WTI-USD.P | +0.033% | −0.0010% | 1h | $3.5M | $6.1M | 20x | as long as short |
| Binance CLUSDT | +0.043% | −0.0037% | 4h | $244.7M | $1.02B | 100x | as long as short |
| QFEX CL-USD | +0.043% | −0.0022% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Paradex CL-USD-PERP | +0.044% | +0.0032% | 8h | $15K | $367 | 5x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.049% | L +0.0131% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| Bybit CLUSDT | +0.054% | 0.0000% | 8h | $25.6M | $94.6M | 150x | as long as short |
| OKX CL-USDT-SWAP | +0.065% | 0.0000% | 4h | $43.3M | $109.8M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CLUSDT | +0.065% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| SoDEX CL-USD | +0.065% | +0.0050% | 1h | $2.0M | $44K | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.068% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Lighter WTI | +0.069% | +0.0024% | 1h | $11.1M | $12.4M | 20x | as long as short |
| Bullet WTIOIL-USD | +0.071% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Bitget CLUSDT | +0.074% | 0.0000% | 4h | $42.4M | $62.8M | 100x | as long as short |
| Aftermath Perps WTIUSD | +0.077% | −0.0083% | 1h | $2K | $34K | 5x | as long as short |
| BloFin CL-USDT | +0.087% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Pacifica CL | +0.089% | +0.0100% | 1h | $321K | $446K | 10x | as long as short |
| Extended WTI-USD | +0.098% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| dYdX WTI-USD | +0.102% | 0.0000% | 1h | $5K | $10 | 5x | as long as short |
| Aster CLUSD1 | +0.105% | −0.0093% | 4h | $25.0M | $64.1M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.109% | 0.0000% | 1h | $96K | $470K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.109% | +0.0016% | 1h | $387K | $1.1M | 15x | as long as short |
| KuCoin CLUSDTM | +0.113% | +0.0100% | 4h | $7.6M | $865K | 50x | as long as short |
| edgeX CLUSDC | +0.115% | +0.0003% | 4h | $531K | $352K | 30x | as long as short |
| tradeXYZ xyz:CL | +0.115% | +0.0050% | 1h | $191.0M | $274.0M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSDshort | +0.117% | +0.0065% | 1h | $262K | $1.3M | 25x | |
| Polymarket Perps WTIOIL-USD | +0.129% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Phoenix WTIOIL | +0.130% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| RISEx CL/USDC | +0.142% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Variational Omni CL | +0.149% | −0.0008% | 4h | $13.4M | $17.6M | — | as long as short |
| Nado WTI-PERP | +0.160% | −0.0002% | 1h | $826K | $728K | 10x | as long as short |
| Vest CL-PERP | +0.163% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Injective WTI/USDC PERP | +0.505% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |