After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.011%7d average−0.027%fees + slippage, in and out−$33spread needed0.332%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WTIOILUSD | 92.130 | 0.0058 | pay 0.0007% / 1h | 37m 57s | $361K | $1.0M | 25x |
| Short | Pacifica CL | 92.140 | 0.0100 | get 0.0013% / 1h | 37m 57s | $344K | $310K | 10x |
Kraken Futures PF_WTIOILUSD
Pacifica 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
- $1.09
- Funding while held
- $1.26
- Slippage, 4 orders
- −$15.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$30.81
- Spread needed to break even
- 0.332%
Slippage from Kraken Futures: live order book, 2 min ago; Pacifica: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.26
- 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, 2 min ago | 2.88 bp | 9.5 bp −$10 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 17 min ago | 2.05 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.796cheapestOKX91.950+0.168%Bybit92.013+0.236%Variational Omni92.042+0.268%Gate92.050+0.277%Binance92.078+0.307%Ondo Perps92.080+0.309%QFEX92.080+0.309%ApeX Omni92.080+0.309%Vest92.080+0.309%Aevo92.082+0.312%GMX92.085+0.315%Bitget92.086+0.316%edgeX92.098+0.329%Paradex92.102+0.333%tradeXYZ92.104+0.336%Lighter92.105+0.337%Extended92.110+0.342%Phoenix92.110+0.342%dYdX92.111+0.344%Aster92.117+0.350%Polymarket Perps92.118+0.351%Bullet92.120+0.353%SoDEX92.125+0.358%Deribit92.130+0.364%Coinbase International92.130+0.364%
gTrade (Gains Network)
OKX
Bybit
Variational Omni
Gate
Binance
Ondo Perps
QFEX
ApeX Omni
Vest
Aevo
GMX
Bitget
Paradex
tradeXYZ
Lighter
Extended
Phoenix
dYdX
Aster
Polymarket Perps
Bullet
SoDEX
Deribit
Coinbase InternationalKraken Futures92.130+0.364%
Pacifica92.140+0.375%
KuCoin92.156+0.392%RISEx92.167+0.404%Nado92.168+0.405%BloFin92.180+0.418%Aftermath Perps92.186+0.425%StandX92.200+0.440%Injective92.595+0.870%
KuCoin
RISEx
Nado
BloFin
StandX
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 | −0.363% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| OKX CL-USDT-SWAP | −0.196% | 0.0000% | 4h | $44.4M | $93.0M | 50x | as long as short |
| Bybit CLUSDT | −0.127% | 0.0000% | 8h | $24.0M | $79.6M | 150x | as long as short |
| Variational Omni CL | −0.095% | 0.0000% | 4h | $12.5M | $16.9M | — | as long as short |
| Gate CL_USDT | −0.087% | −0.0150% | 8h | $21.4M | $55.7M | 100x | as long as short |
| Binance CLUSDT | −0.057% | 0.0000% | 4h | $253.9M | $853.4M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.054% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| QFEX CL-USD | −0.054% | −0.0015% | 1h | $2.3M | $2.6M | 10x | as long as short |
| ApeX Omni CLUSDT | −0.054% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Vest CL-PERP | −0.054% | +0.0046% | 1h | — | $86K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo WTIOIL-PERP | −0.052% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.049% | L +0.0231% / S −0.0152% | 1h | $88K | — | 111x | as long as short |
| Bitget CLUSDT | −0.048% | 0.0000% | 4h | $42.7M | $55.7M | 100x | as long as short |
| edgeX CLUSDC | −0.035% | −0.0057% | 4h | $527K | $318K | 30x | as long as short |
| Paradex CL-USD-PERP | −0.031% | +0.0039% | 8h | $15K | — | 5x | as long as short |
| tradeXYZ xyz:CL | −0.028% | +0.0026% | 1h | $183.3M | $236.2M | 20x | as long as short |
| Lighter WTI | −0.027% | +0.0032% | 1h | $11.1M | $11.4M | 20x | as long as short |
| Extended WTI-USD | −0.022% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| Phoenix WTIOIL | −0.022% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| dYdX WTI-USD | −0.020% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Aster CLUSD1 | −0.014% | −0.0024% | 4h | $24.7M | $59.8M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.013% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Bullet WTIOIL-USD | −0.011% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| SoDEX CL-USD | −0.006% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $96K | $453K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | 0.000% | +0.0024% | 1h | $395K | $909K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSDlong | 0.000% | +0.0058% | 1h | $361K | $1.0M | 25x | |
| Pacifica CLshort | +0.011% | +0.0100% | 1h | $344K | $310K | 10x | |
| KuCoin CLUSDTM | +0.028% | +0.0100% | 4h | $7.5M | $791K | 50x | as long as short |
| RISEx CL/USDC | +0.040% | 0.0000% | 1h | $3.0M | $1.1M | 20x | as long as short |
| Nado WTI-PERP | +0.041% | −0.0066% | 1h | $811K | $695K | 10x | as long as short |
| BloFin CL-USDT | +0.054% | +0.0240% | 4h | $4.3M | $1.3M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.061% | −0.0091% | 1h | $2K | $37K | 5x | as long as short |
| StandX CL-USD | +0.076% | +0.0040% | 1h | $732K | $1.5M | 40x | as long as short |
| Injective WTI/USDC PERP | +0.505% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |