data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

CL

RWAall CL markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.147%
7d average—if it closes, per $10,000$15funding while held, a day−$6.63
Long on GMXShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]91.475L +0.0221% / S −0.0150%pay 0.0028% / 1h43m 55s$83K—111x
ShortVariational Omni CL91.6090get 0.0000% / 4h3h 43m$12.5M$17.2M—

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$14.66
Funding while held
−$6.63
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$3.97
Spread needed to break even
0.120%
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0221%
Per $10,000 a day
−$6.63
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample—————
Sell Variational Omni RFQ quote, 2 min ago2.28 bpdoesn't fit3.6 bp −$3612.3 bp −$1,227doesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL price on every exchange

against the cheapest. Click to use as the short leg.
gTrade (Gains Network)91.195cheapestLighter91.470+0.302%Bullet91.473+0.305%
GMX91.475+0.307%
SoDEX91.475+0.307%Aevo91.475+0.308%Deribit91.500+0.334%Kraken Futures91.501+0.335%Gate91.510+0.345%Vest91.510+0.345%Polymarket Perps91.523+0.360%Bitget91.524+0.361%Ondo Perps91.530+0.367%Paradex91.533+0.371%edgeX91.551+0.390%Pacifica91.554+0.394%KuCoin91.559+0.399%QFEX91.560+0.400%dYdX91.570+0.411%OKX91.570+0.411%Aster91.576+0.418%Binance91.580+0.422%Bybit91.580+0.422%Phoenix91.580+0.422%tradeXYZ91.581+0.423%Nado91.590+0.434%
Variational Omni91.609+0.454%
Extended91.620+0.466%RISEx91.631+0.478%ApeX Omni91.640+0.488%BloFin91.650+0.499%StandX91.660+0.510%Aftermath Perps91.696+0.549%Coinbase International91.750+0.609%Injective92.595+1.535%

CL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) WTI/USD−0.306%L 0.0000% / S +0.0036%1h$4K—150xas long as short
Lighter WTI−0.005%−0.0040%1h$11.0M$11.9M20xas long as short
Bullet WTIOIL-USD−0.002%0.0000%1h$19K$246K10xas long as short
GMX WTIOIL/USD [ETH-USDC]long0.000%L +0.0221% / S −0.0150%1h$83K—111x
SoDEX CL-USD0.000%+0.0050%1h$2.0M$31K20xas long as short
Aevo WTIOIL-PERP0.000%+0.0104%1h$4K$4910xas long as short
Deribit WTIOIL_USDC-PERPETUAL+0.027%0.0000%1h$96K$457K15xas long as short
Kraken Futures PF_WTIOILUSD+0.028%−0.0038%1h$297K$1.2M25xas long as short
Gate CL_USDT+0.038%0.0000%8h$21.2M$57.7M100xas long as short
Vest CL-PERP+0.038%+0.0046%1h—$86K10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Polymarket Perps WTIOIL-USD+0.052%+0.0050%1h$1.6M$1.5M20xas long as short
Bitget CLUSDT+0.054%0.0000%4h$42.8M$59.2M100xas long as short
Ondo Perps WTI-USD.P+0.060%+0.0050%1h$3.5M$5.8M20xas long as short
Paradex CL-USD-PERP+0.064%+0.0040%8h$15K—5xas long as short
edgeX CLUSDC+0.083%−0.0088%4h$524K$331K30xas long as short
Pacifica CL+0.086%+0.0100%1h$346K$344K10xas long as short
KuCoin CLUSDTM+0.092%+0.0100%4h$7.5M$855K50xas long as short
QFEX CL-USD+0.093%−0.0016%1h$2.3M$2.8M10xas long as short
dYdX WTI-USD+0.104%0.0000%1h$5K$1265xas long as short
OKX CL-USDT-SWAP+0.104%0.0000%4h$43.6M$103.3M50xas long as short
Aster CLUSD1+0.110%0.0000%4h$24.8M$62.7M20xas long as short
Binance CLUSDT+0.115%0.0000%4h$246.5M$975.7M100xas long as short
Bybit CLUSDT+0.115%0.0000%8h$24.9M$90.3M150xas long as short
Phoenix WTIOIL+0.115%+0.0035%1h$33K$267K20xas long as short
tradeXYZ xyz:CL+0.116%−0.0016%1h$183.2M$257.9M20xas long as short
Nado WTI-PERP+0.126%−0.0008%1h$802K$764K10xas long as short
Variational Omni CLshort+0.147%0.0000%4h$12.5M$17.2M—
Extended WTI-USD+0.159%+0.0032%1h$2.1M$30.5M10xas long as short
RISEx CL/USDC+0.170%0.0000%1h$3.0M$2.4M20xas long as short
ApeX Omni CLUSDT+0.180%+0.0100%1h$55K$271K50xas long as short
BloFin CL-USDT+0.191%+0.0240%4h$4.2M$1.4M50xas long as short
StandX CL-USD+0.202%−0.0058%1h$722K$2.1M40xas long as short
Aftermath Perps WTIUSD+0.242%−0.0053%1h$2K$36K5xas long as short
Coinbase International WTIOIL-PERP-INTX+0.301%+0.0016%1h$373K$941K15xas long as short
Injective WTI/USDC PERP+1.224%+0.0033%1h$18K$14K30xas long as short