After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.033%7d average−0.014%fees + slippage, in and out−$37spread needed0.366%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_WTIOILUSD | 91.870 | −0.0091 | get 0.0011% / 1h | 27m 00s | $272K | $1.3M | 25x |
| Short | QFEX CL-USD | 91.840 | −0.0025 | pay 0.0003% / 1h | 27m 00s | $2.4M | $2.9M | 10x |
Kraken Futures PF_WTIOILUSD
QFEX CL-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
- −$3.25
- Funding while held
- $1.98
- Slippage, 4 orders
- −$16.62
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.89
- Spread needed to break even
- 0.366%
Slippage from Kraken Futures: live order book, 3 min ago; QFEX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0066%
- Per $10,000 a day
- +$1.98
- 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, 3 min ago | 3.22 bp | 10.0 bp −$10 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.18 bp | 7.9 bp −$8 | 8.2 bp −$82 | 9.5 bp −$948 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.538cheapestVariational Omni91.590+0.057%edgeX91.707+0.185%Aftermath Perps91.721+0.200%Phoenix91.760+0.243%Gate91.770+0.253%ApeX Omni91.770+0.253%StandX91.780+0.264%BloFin91.780+0.264%Paradex91.806+0.292%Ondo Perps91.810+0.297%Lighter91.813+0.300%Pacifica91.813+0.300%GMX91.815+0.303%SoDEX91.815+0.303%Aevo91.817+0.305%Bitget91.822+0.310%Bullet91.822+0.310%
gTrade (Gains Network)
Variational Omni
Phoenix
Gate
ApeX Omni
StandX
BloFin
Paradex
Ondo Perps
Lighter
Pacifica
GMX
SoDEX
Aevo
Bitget
BulletQFEX91.840+0.330%
tradeXYZ91.845+0.335%KuCoin91.848+0.339%OKX91.850+0.341%dYdX91.851+0.341%Polymarket Perps91.853+0.344%Nado91.856+0.347%Aster91.860+0.352%Binance91.860+0.352%Bybit91.860+0.352%Deribit91.860+0.352%Coinbase International91.860+0.352%RISEx91.867+0.359%
tradeXYZ
KuCoin
OKX
dYdX
Polymarket Perps
Nado
Aster
Binance
Bybit
Deribit
Coinbase International
RISExKraken Futures91.870+0.363%
Extended91.870+0.363%Vest91.890+0.385%Injective92.595+1.155%
Extended
Vest
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 | −0.361% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.305% | 0.0000% | 4h | $13.2M | $17.9M | — | as long as short |
| edgeX CLUSDC | −0.177% | +0.0014% | 4h | $527K | $351K | 30x | as long as short |
| Aftermath Perps WTIUSD | −0.162% | −0.0078% | 1h | $2K | $35K | 5x | as long as short |
| Phoenix WTIOIL | −0.120% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Gate CL_USDT | −0.109% | 0.0000% | 8h | $21.2M | $60.0M | 100x | as long as short |
| ApeX Omni CLUSDT | −0.109% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| StandX CL-USD | −0.098% | +0.0040% | 1h | $721K | $2.3M | 40x | as long as short |
| BloFin CL-USDT | −0.098% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Paradex CL-USD-PERP | −0.070% | +0.0017% | 8h | $15K | $275 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps WTI-USD.P | −0.065% | −0.0060% | 1h | $3.4M | $6.0M | 20x | as long as short |
| Lighter WTI | −0.062% | −0.0024% | 1h | $11.1M | $12.2M | 20x | as long as short |
| Pacifica CL | −0.062% | +0.0100% | 1h | $330K | $391K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.060% | L +0.0133% / S +0.0028% | 1h | $78K | — | 111x | as long as short |
| SoDEX CL-USD | −0.060% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.057% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bitget CLUSDT | −0.052% | 0.0000% | 4h | $42.5M | $62.1M | 100x | as long as short |
| Bullet WTIOIL-USD | −0.052% | −0.0014% | 1h | $19K | $248K | 10x | as long as short |
| QFEX CL-USDshort | −0.033% | −0.0025% | 1h | $2.4M | $2.9M | 10x | |
| tradeXYZ xyz:CL | −0.027% | −0.0015% | 1h | $183.3M | $264.7M | 20x | as long as short |
| KuCoin CLUSDTM | −0.024% | +0.0100% | 4h | $7.6M | $869K | 50x | as long as short |
| OKX CL-USDT-SWAP | −0.022% | 0.0000% | 4h | $43.3M | $108.0M | 50x | as long as short |
| dYdX WTI-USD | −0.021% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.018% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Nado WTI-PERP | −0.015% | −0.0040% | 1h | $821K | $725K | 10x | as long as short |
| Aster CLUSD1 | −0.011% | −0.0090% | 4h | $24.9M | $63.9M | 20x | as long as short |
| Binance CLUSDT | −0.011% | −0.0018% | 4h | $246.3M | $1.01B | 100x | as long as short |
| Bybit CLUSDT | −0.011% | 0.0000% | 8h | $25.4M | $93.8M | 150x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.011% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.011% | +0.0032% | 1h | $394K | $1.0M | 15x | as long as short |
| RISEx CL/USDC | −0.003% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSDlong | 0.000% | −0.0091% | 1h | $272K | $1.3M | 25x | |
| Extended WTI-USD | 0.000% | +0.0032% | 1h | $1.9M | $30.3M | 10x | as long as short |
| Vest CL-PERP | +0.022% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Injective WTI/USDC PERP | +0.789% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |