After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.025%7d average−0.029%fees + slippage, in and out−$21spread needed0.211%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CL_USDT | 92.110 | −0.0096 | get 0.0096% / 8h | 40m 13s | $21.3M | $56.8M | 100x |
| Short | Lighter WTI | 92.133 | 0.0032 | get 0.0004% / 1h | 40m 13s | $11.0M | $11.7M | 20x |
Gate CL_USDT
Lighter WTIPrice 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
- $2.5
- Funding while held
- $3.84
- Slippage, 4 orders
- −$6.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.75
- Spread needed to break even
- 0.211%
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0128%
- Per $10,000 a day
- +$3.84
- 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 | 10.4 bp −$10 | 16.0 bp −$160 | 28.7 bp −$2,868 | 36.6 bp −$18.3K |
| Sell Lighter live order book, 5 min ago | 0.05 bp | 0.2 bp $0 | 1.3 bp −$13 | 7.4 bp −$736 | 29.8 bp −$14.9K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.846cheapestVariational Omni92.066+0.240%edgeX92.089+0.265%BloFin92.090+0.266%StandX92.100+0.277%
gTrade (Gains Network)
Variational Omni
BloFin
StandXGate92.110+0.287%
ApeX Omni92.130+0.309%
ApeX OmniLighter92.133+0.312%
OKX92.140+0.320%SoDEX92.140+0.320%Aevo92.146+0.326%Binance92.150+0.331%Vest92.150+0.331%Phoenix92.150+0.331%GMX92.155+0.336%Bybit92.160+0.342%Deribit92.160+0.342%Bullet92.164+0.346%Ondo Perps92.170+0.353%Bitget92.170+0.353%Aftermath Perps92.177+0.360%KuCoin92.178+0.361%tradeXYZ92.180+0.364%Extended92.180+0.364%QFEX92.180+0.364%Aster92.181+0.365%Paradex92.194+0.379%Kraken Futures92.197+0.382%Pacifica92.200+0.386%Polymarket Perps92.209+0.395%Nado92.219+0.406%dYdX92.219+0.406%RISEx92.224+0.411%Coinbase International92.240+0.429%Injective92.595+0.815%
OKX
SoDEX
Aevo
Binance
Vest
Phoenix
GMX
Bybit
Deribit
Bullet
Ondo Perps
Bitget
KuCoin
tradeXYZ
Extended
QFEX
Aster
Paradex
Kraken Futures
Pacifica
Polymarket Perps
Nado
dYdX
RISEx
Coinbase International
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 | −0.287% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.047% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| edgeX CLUSDC | −0.022% | −0.0029% | 4h | $527K | $319K | 30x | as long as short |
| BloFin CL-USDT | −0.022% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| StandX CL-USD | −0.011% | +0.0040% | 1h | $726K | $1.9M | 40x | as long as short |
| Gate CL_USDTlong | 0.000% | −0.0096% | 8h | $21.3M | $56.8M | 100x | |
| ApeX Omni CLUSDT | +0.022% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Lighter WTIshort | +0.025% | +0.0032% | 1h | $11.0M | $11.7M | 20x | |
| OKX CL-USDT-SWAP | +0.033% | 0.0000% | 4h | $44.1M | $99.0M | 50x | as long as short |
| SoDEX CL-USD | +0.033% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |