Spread before costs (cost unknown: a leg has no order-book sample)+0.298%
7d average+0.067%if it closes, per $10,000$30funding while held, a day+$5.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CL_USDT | 92.560 | −0.0203 | get 0.0203% / 8h | 2h 35m | $21.4M | $55.0M | 100x |
| Short | Variational Omni CL | 92.836 | −0.0013 | pay 0.0006% / 4h | 2h 35m | $13.4M | $16.4M | — |
Gate CL_USDT
Variational Omni CLPrice 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
- $29.82
- Funding while held
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $20.52
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0190%
- Per $10,000 a day
- +$5.70
- 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 Variational Omni RFQ quote, 5 min ago | 2.27 bp | doesn't fit | 2.3 bp −$23 | 7.2 bp −$723 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.270cheapestStandX92.530+0.282%Coinbase International92.540+0.293%SoDEX92.549+0.302%BloFin92.550+0.303%
gTrade (Gains Network)
StandX
Coinbase International
SoDEX
BloFinGate92.560+0.314%
Lighter92.572+0.327%Aevo92.575+0.330%dYdX92.575+0.331%Ondo Perps92.580+0.336%Vest92.580+0.336%GMX92.595+0.352%Bullet92.602+0.360%Paradex92.603+0.361%tradeXYZ92.604+0.362%Binance92.605+0.363%OKX92.610+0.368%Deribit92.610+0.368%Pacifica92.611+0.370%Bybit92.615+0.374%Aster92.618+0.377%Kraken Futures92.618+0.378%Extended92.620+0.379%QFEX92.620+0.379%Polymarket Perps92.620+0.379%Bitget92.635+0.396%KuCoin92.638+0.399%Phoenix92.660+0.423%Nado92.664+0.427%RISEx92.675+0.439%edgeX92.697+0.463%Aftermath Perps92.720+0.488%ApeX Omni92.730+0.499%
Lighter
Aevo
dYdX
Ondo Perps
Vest
GMX
Bullet
Paradex
tradeXYZ
Binance
OKX
Deribit
Pacifica
Bybit
Aster
Kraken Futures
Extended
QFEX
Polymarket Perps
Bitget
KuCoin
Phoenix
Nado
RISEx
ApeX OmniVariational Omni92.836+0.613%
Injective93.327+1.146%
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 | −0.313% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| StandX CL-USD | −0.032% | +0.0040% | 1h | $789K | $1.2M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.022% | −0.0032% | 1h | $395K | $885K | 15x | as long as short |
| SoDEX CL-USD | −0.012% | +0.0050% | 1h | $2.0M | $29K | 20x | as long as short |
| BloFin CL-USDT | −0.011% | +0.0226% | 4h | $4.3M | $1.1M | 50x | as long as short |
| Gate CL_USDTlong | 0.000% | −0.0203% | 8h | $21.4M | $55.0M | 100x | |
| Lighter WTI | +0.013% | +0.0032% | 1h | $11.2M | $11.0M | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.016% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| dYdX WTI-USD | +0.017% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| Ondo Perps WTI-USD.P | +0.022% | −0.0004% | 1h | $3.5M | $4.7M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CL-PERP | +0.022% | +0.0046% | 1h | — | $250 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.038% | L +0.0237% / S −0.0173% | 1h | $89K | — | 111x | as long as short |
| Bullet WTIOIL-USD | +0.046% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.047% | +0.0018% | 8h | $15K | — | 5x | as long as short |
| tradeXYZ xyz:CL | +0.048% | −0.0039% | 1h | $187.7M | $222.4M | 20x | as long as short |
| Binance CLUSDT | +0.048% | −0.0020% | 4h | $261.7M | $790.7M | 100x | as long as short |
| OKX CL-USDT-SWAP | +0.054% | −0.0012% | 4h | $44.7M | $87.5M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.054% | 0.0000% | 1h | $96K | $436K | 15x | as long as short |
| Pacifica CL | +0.055% | +0.0001% | 1h | $337K | $296K | 10x | as long as short |
| Bybit CLUSDT | +0.059% | 0.0000% | 8h | $24.1M | $74.9M | 150x | as long as short |
| Aster CLUSD1 | +0.062% | −0.0103% | 4h | $25.0M | $58.3M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.063% | −0.0103% | 1h | $354K | $983K | 25x | as long as short |
| Extended WTI-USD | +0.065% | +0.0032% | 1h | $2.0M | $30.0M | 10x | as long as short |
| QFEX CL-USD | +0.065% | −0.0027% | 1h | $2.3M | $2.4M | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.065% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Bitget CLUSDT | +0.081% | −0.0026% | 4h | $43.3M | $53.9M | 100x | as long as short |
| KuCoin CLUSDTM | +0.084% | +0.0100% | 4h | $7.4M | $779K | 50x | as long as short |
| Phoenix WTIOIL | +0.108% | −0.0034% | 1h | $31K | $254K | 20x | as long as short |
| Nado WTI-PERP | +0.113% | −0.0038% | 1h | $820K | $666K | 10x | as long as short |
| RISEx CL/USDC | +0.124% | 0.0000% | 1h | $3.0M | $883K | 20x | as long as short |
| edgeX CLUSDC | +0.148% | −0.0016% | 4h | $532K | $320K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.173% | −0.0157% | 1h | $2K | $38K | 5x | as long as short |
| ApeX Omni CLUSDT | +0.184% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| Variational Omni CLshort | +0.298% | −0.0013% | 4h | $13.4M | $16.4M | — | |
| Injective WTI/USDC PERP | +0.829% | +0.0209% | 1h | $18K | $31K | 30x | as long as short |