Spread before costs (cost unknown: a leg has no order-book sample)−0.075%
7d average—if it closes, per $10,000$7funding while held, a day+$0.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WTIOILUSD | 92.202 | −0.0001 | get 0.0000% / 1h | 24m 15s | $292K | $1.2M | 25x |
| Short | dYdX WTI-USD | 92.133 | 0 | get 0.0000% / 1h | 24m 15s | $5K | $126 | 5x |
Kraken Futures PF_WTIOILUSD
dYdX WTI-USDPrice 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
- −$7.47
- Funding while held
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$27.44
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: live order book, 1 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.03
- 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 Kraken Futures live order book, 1 min ago | 3.74 bp | 9.5 bp −$10 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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)91.891cheapestBloFin92.130+0.260%
gTrade (Gains Network)
BloFindYdX92.133+0.263%
Vest92.140+0.271%Gate92.150+0.282%StandX92.150+0.282%Pacifica92.157+0.290%Variational Omni92.157+0.290%Paradex92.158+0.290%Ondo Perps92.160+0.293%QFEX92.160+0.293%Bullet92.174+0.308%Aevo92.175+0.309%GMX92.185+0.320%SoDEX92.187+0.322%RISEx92.188+0.323%Polymarket Perps92.190+0.325%tradeXYZ92.193+0.329%Bitget92.195+0.331%OKX92.200+0.336%Lighter92.201+0.337%
Vest
Gate
StandX
Pacifica
Variational Omni
Paradex
Ondo Perps
QFEX
Bullet
Aevo
GMX
SoDEX
RISEx
Polymarket Perps
tradeXYZ
Bitget
OKX
LighterKraken Futures92.202+0.338%
Extended92.210+0.347%Aster92.210+0.347%Bybit92.210+0.347%KuCoin92.210+0.347%Deribit92.210+0.347%Nado92.212+0.349%Binance92.220+0.358%Phoenix92.220+0.358%Coinbase International92.220+0.358%Aftermath Perps92.230+0.369%edgeX92.270+0.412%ApeX Omni92.280+0.423%Injective92.595+0.766%
Extended
Aster
Bybit
KuCoin
Deribit
Nado
Binance
Phoenix
Coinbase International
ApeX Omni
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 | −0.337% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| BloFin CL-USDT | −0.078% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| dYdX WTI-USDshort | −0.075% | 0.0000% | 1h | $5K | $126 | 5x | |
| Vest CL-PERP | −0.067% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Gate CL_USDT | −0.056% | −0.0084% | 8h | $21.3M | $57.2M | 100x | as long as short |
| StandX CL-USD | −0.056% | +0.0040% | 1h | $726K | $1.9M | 40x | as long as short |
| Pacifica CL | −0.048% | +0.0100% | 1h | $347K | $326K | 10x | as long as short |
| Variational Omni CL | −0.048% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| Paradex CL-USD-PERP | −0.048% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.045% | +0.0016% | 1h | $3.4M | $5.2M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.045% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Bullet WTIOIL-USD | −0.030% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.029% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.018% | L +0.0134% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| SoDEX CL-USD | −0.016% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
| RISEx CL/USDC | −0.015% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.013% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.009% | +0.0049% | 1h | $184.3M | $249.7M | 20x | as long as short |
| Bitget CLUSDT | −0.007% | 0.0000% | 4h | $43.2M | $57.2M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.002% | 0.0000% | 4h | $44.1M | $99.6M | 50x | as long as short |
| Lighter WTI | −0.001% | +0.0032% | 1h | $11.0M | $11.8M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSDlong | 0.000% | −0.0001% | 1h | $292K | $1.2M | 25x | |
| Extended WTI-USD | +0.009% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Aster CLUSD1 | +0.009% | 0.0000% | 4h | $24.8M | $61.3M | 20x | as long as short |
| Bybit CLUSDT | +0.009% | 0.0000% | 8h | $24.8M | $85.0M | 150x | as long as short |
| KuCoin CLUSDTM | +0.009% | +0.0100% | 4h | $7.4M | $803K | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.009% | 0.0000% | 1h | $97K | $445K | 15x | as long as short |
| Nado WTI-PERP | +0.011% | −0.0068% | 1h | $797K | $736K | 10x | as long as short |
| Binance CLUSDT | +0.020% | 0.0000% | 4h | $247.7M | $923.5M | 100x | as long as short |
| Phoenix WTIOIL | +0.020% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.020% | +0.0024% | 1h | $379K | $931K | 15x | as long as short |
| Aftermath Perps WTIUSD | +0.031% | −0.0058% | 1h | $1K | $36K | 5x | as long as short |
| edgeX CLUSDC | +0.074% | −0.0051% | 4h | $528K | $319K | 30x | as long as short |
| ApeX Omni CLUSDT | +0.085% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.427% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |