Spread before costs (cost unknown: a leg has no order-book sample)−0.031%
7d average—if it closes, per $10,000$3funding while held, a day−$3.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CLUSDTM | 92.234 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $7.7M | $873K | 50x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 92.205 | L +0.0132% / S +0.0029% | pay 0.0004% / 1h | 9m 51s | $79K | — | 111x |
KuCoin CLUSDTM
GMX WTIOIL/USD [ETH-USDC]Price 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
- −$3.14
- Funding while held
- −$3.86
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$31.01
- Spread needed to break even
- 0.240%
Slippage unknown: KuCoin: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0129%
- Per $10,000 a day
- −$3.86
- 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 KuCoin live order book, 5 min ago | 2.39 bp | 8.5 bp −$8 | 59.8 bp −$598 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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)91.936cheapestedgeX92.101+0.179%ApeX Omni92.130+0.211%StandX92.130+0.211%Aftermath Perps92.133+0.214%Gate92.140+0.222%Ondo Perps92.150+0.233%Coinbase International92.150+0.233%BloFin92.150+0.233%Paradex92.160+0.243%Pacifica92.170+0.254%Variational Omni92.173+0.258%QFEX92.190+0.276%Bullet92.193+0.279%Aevo92.199+0.287%Binance92.200+0.287%OKX92.200+0.287%SoDEX92.200+0.287%Lighter92.202+0.289%
gTrade (Gains Network)
ApeX Omni
StandX
Gate
Ondo Perps
Coinbase International
BloFin
Paradex
Pacifica
Variational Omni
QFEX
Bullet
Aevo
Binance
OKX
SoDEX
LighterGMX92.205+0.293%
Bitget92.209+0.297%Bybit92.220+0.309%Aster92.230+0.320%tradeXYZ92.231+0.321%Kraken Futures92.232+0.322%Polymarket Perps92.233+0.323%
Bitget
Bybit
Aster
tradeXYZ
Kraken Futures
Polymarket PerpsKuCoin92.234+0.324%
dYdX92.240+0.331%RISEx92.244+0.335%Nado92.250+0.341%Extended92.250+0.342%Phoenix92.260+0.352%Deribit92.260+0.352%Vest92.270+0.363%Injective92.595+0.717%
dYdX
RISEx
Nado
Extended
Phoenix
Deribit
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 | −0.323% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| edgeX CLUSDC | −0.145% | +0.0060% | 4h | $530K | $354K | 30x | as long as short |
| ApeX Omni CLUSDT | −0.113% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| StandX CL-USD | −0.113% | +0.0040% | 1h | $725K | $2.4M | 40x | as long as short |
| Aftermath Perps WTIUSD | −0.110% | −0.0079% | 1h | $2K | $35K | 5x | as long as short |
| Gate CL_USDT | −0.102% | 0.0000% | 8h | $21.2M | $60.7M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.091% | −0.0062% | 1h | $3.5M | $6.0M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.091% | +0.0032% | 1h | $397K | $1.0M | 15x | as long as short |
| BloFin CL-USDT | −0.091% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Paradex CL-USD-PERP | −0.081% | +0.0025% | 8h | $15K | $275 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CL | −0.070% | +0.0100% | 1h | $331K | $392K | 10x | as long as short |
| Variational Omni CL | −0.066% | 0.0000% | 4h | $13.3M | $17.7M | — | as long as short |
| QFEX CL-USD | −0.048% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Bullet WTIOIL-USD | −0.045% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.037% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Binance CLUSDT | −0.037% | −0.0032% | 4h | $245.2M | $1.02B | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.037% | 0.0000% | 4h | $43.3M | $109.1M | 50x | as long as short |
| SoDEX CL-USD | −0.037% | +0.0050% | 1h | $2.0M | $43K | 20x | as long as short |
| Lighter WTI | −0.035% | 0.0000% | 1h | $11.2M | $12.4M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | −0.031% | L +0.0132% / S +0.0029% | 1h | $79K | — | 111x | |
| Bitget CLUSDT | −0.027% | 0.0000% | 4h | $42.8M | $62.4M | 100x | as long as short |
| Bybit CLUSDT | −0.015% | 0.0000% | 8h | $25.5M | $94.2M | 150x | as long as short |
| Aster CLUSD1 | −0.004% | −0.0095% | 4h | $25.0M | $64.4M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.003% | +0.0008% | 1h | $184.6M | $267.0M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.003% | −0.0091% | 1h | $268K | $1.3M | 25x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.001% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| KuCoin CLUSDTMlong | 0.000% | +0.0100% | 4h | $7.7M | $873K | 50x | |
| dYdX WTI-USD | +0.007% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| RISEx CL/USDC | +0.011% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Nado WTI-PERP | +0.017% | −0.0040% | 1h | $826K | $727K | 10x | as long as short |
| Extended WTI-USD | +0.017% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| Phoenix WTIOIL | +0.028% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.028% | 0.0000% | 1h | $96K | $478K | 15x | as long as short |
| Vest CL-PERP | +0.039% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Injective WTI/USDC PERP | +0.391% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |