After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.079%7d average+0.125%fees + slippage, in and out−$10spread needed0.100%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WTI | 92.725 | 0.0032 | pay 0.0004% / 1h | 34m 27s | $11.2M | $11.1M | 20x |
| Short | Aster CLUSD1 | 92.799 | −0.0095 | pay 0.0047% / 4h | 2h 34m | $25.0M | $58.3M | 20x |
Lighter WTI
Aster CLUSD1Price 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
- $7.94
- Funding while held
- −$3.81
- Slippage, 4 orders
- −$1.99
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$5.86
- Spread needed to break even
- 0.100%
Slippage from Lighter: live order book, 6 min ago; Aster: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0127%
- Per $10,000 a day
- −$3.81
- 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 Lighter live order book, 6 min ago | 0.32 bp | 0.6 bp −$1 | 1.5 bp −$15 | 8.8 bp −$875 | 37.3 bp −$18.6K |
| Sell Aster live order book, 6 min ago | 0.54 bp | 4.5 bp −$5 | 6.2 bp −$62 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.340cheapestedgeX92.528+0.203%Coinbase International92.540+0.217%BloFin92.570+0.249%Variational Omni92.586+0.266%Phoenix92.630+0.314%Aevo92.651+0.337%SoDEX92.672+0.360%GMX92.675+0.363%Gate92.680+0.368%StandX92.680+0.368%Deribit92.680+0.368%Bullet92.683+0.371%Nado92.695+0.385%Aftermath Perps92.697+0.387%Kraken Futures92.704+0.394%
gTrade (Gains Network)
Coinbase International
BloFin
Variational Omni
Phoenix
Aevo
SoDEX
GMX
Gate
StandX
Deribit
Bullet
Nado
Kraken FuturesLighter92.725+0.417%
ApeX Omni92.730+0.422%tradeXYZ92.735+0.428%Paradex92.735+0.428%Pacifica92.748+0.442%dYdX92.757+0.451%Ondo Perps92.760+0.455%Vest92.760+0.455%Extended92.770+0.466%KuCoin92.775+0.471%
ApeX Omni
tradeXYZ
Paradex
Pacifica
dYdX
Ondo Perps
Vest
Extended
KuCoinAster92.799+0.497%
QFEX92.800+0.498%Polymarket Perps92.822+0.522%Bybit92.840+0.541%OKX92.840+0.541%Binance92.850+0.552%RISEx92.852+0.555%Bitget92.870+0.574%Injective93.327+1.069%
QFEX
Polymarket Perps
Bybit
OKX
Binance
RISEx
Bitget
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 | −0.415% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| edgeX CLUSDC | −0.213% | −0.0017% | 4h | $530K | $321K | 30x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.200% | −0.0032% | 1h | $395K | $885K | 15x | as long as short |
| BloFin CL-USDT | −0.167% | +0.0228% | 4h | $4.3M | $1.1M | 50x | as long as short |
| Variational Omni CL | −0.150% | −0.0004% | 4h | $13.1M | $16.7M | — | as long as short |
| Phoenix WTIOIL | −0.102% | −0.0034% | 1h | $31K | $254K | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.080% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USD | −0.057% | +0.0050% | 1h | $2.0M | $29K | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.054% | L +0.0238% / S −0.0173% | 1h | $89K | — | 111x | as long as short |
| Gate CL_USDT | −0.049% | −0.0198% | 8h | $21.4M | $55.1M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| StandX CL-USD | −0.049% | +0.0040% | 1h | $790K | $1.2M | 40x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.049% | 0.0000% | 1h | $96K | $437K | 15x | as long as short |
| Bullet WTIOIL-USD | −0.045% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| Nado WTI-PERP | −0.032% | −0.0037% | 1h | $824K | $668K | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.030% | −0.0158% | 1h | $2K | $38K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.023% | −0.0103% | 1h | $354K | $981K | 25x | as long as short |
| Lighter WTIlong | 0.000% | +0.0032% | 1h | $11.2M | $11.1M | 20x | |
| ApeX Omni CLUSDT | +0.005% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| tradeXYZ xyz:CL | +0.011% | −0.0037% | 1h | $188.0M | $222.7M | 20x | as long as short |
| Paradex CL-USD-PERP | +0.011% | +0.0019% | 8h | $15K | — | 5x | as long as short |
| Pacifica CL | +0.025% | +0.0001% | 1h | $337K | $296K | 10x | as long as short |
| dYdX WTI-USD | +0.034% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| Ondo Perps WTI-USD.P | +0.038% | +0.0001% | 1h | $3.5M | $4.7M | 20x | as long as short |
| Vest CL-PERP | +0.038% | +0.0046% | 1h | — | $250 | 10x | as long as short |
| Extended WTI-USD | +0.049% | +0.0032% | 1h | $2.0M | $30.0M | 10x | as long as short |
| KuCoin CLUSDTM | +0.054% | +0.0100% | 4h | $7.4M | $779K | 50x | as long as short |
| Aster CLUSD1short | +0.079% | −0.0095% | 4h | $25.0M | $58.3M | 20x | |
| QFEX CL-USD | +0.081% | −0.0027% | 1h | $2.3M | $2.4M | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.105% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Bybit CLUSDT | +0.124% | 0.0000% | 8h | $24.2M | $74.9M | 150x | as long as short |
| OKX CL-USDT-SWAP | +0.124% | −0.0009% | 4h | $44.7M | $87.9M | 50x | as long as short |
| Binance CLUSDT | +0.135% | −0.0017% | 4h | $262.3M | $791.9M | 100x | as long as short |
| RISEx CL/USDC | +0.137% | 0.0000% | 1h | $3.0M | $938K | 20x | as long as short |
| Bitget CLUSDT | +0.156% | −0.0022% | 4h | $43.3M | $53.9M | 100x | as long as short |
| Injective WTI/USDC PERP | +0.649% | +0.0209% | 1h | $18K | $31K | 30x | as long as short |