After costs, if the gap returns to its 7d average, $10k−$34
spread now−0.042%7d average+0.115%fees + slippage, in and out−$19spread needed0.187%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WTI | 92.711 | 0.0008 | pay 0.0001% / 1h | 31m 28s | $11.2M | $11.2M | 20x |
| Short | Bitget CLUSDT | 92.672 | −0.0018 | pay 0.0009% / 4h | 2h 31m | $43.2M | $54.4M | 100x |
Lighter WTI
Bitget CLUSDTPrice 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
- −$4.21
- Funding while held
- −$0.78
- Slippage, 4 orders
- −$6.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.7
- Spread needed to break even
- 0.187%
Slippage from Lighter: live order book, 4 min ago; Bitget: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0026%
- Per $10,000 a day
- −$0.78
- 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, 4 min ago | 1.24 bp | 2.3 bp −$2 | 4.8 bp −$48 | 14.2 bp −$1,419 | 40.9 bp −$20.5K |
| Sell Bitget live order book, 4 min ago | 0.75 bp | 7.5 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.350cheapestVariational Omni92.586+0.256%Gate92.630+0.303%Vest92.660+0.336%Bybit92.670+0.347%OKX92.670+0.347%
gTrade (Gains Network)
Variational Omni
Gate
Vest
Bybit
OKXBitget92.672+0.349%
Binance92.676+0.353%tradeXYZ92.677+0.354%Bullet92.684+0.362%Polymarket Perps92.688+0.366%Ondo Perps92.690+0.368%Paradex92.708+0.387%
Binance
tradeXYZ
Bullet
Polymarket Perps
Ondo Perps
ParadexLighter92.711+0.391%
Pacifica92.714+0.394%KuCoin92.718+0.398%QFEX92.730+0.411%Aftermath Perps92.738+0.420%Aevo92.744+0.427%Extended92.750+0.433%SoDEX92.754+0.437%Aster92.757+0.441%edgeX92.762+0.446%Nado92.779+0.465%Deribit92.780+0.466%GMX92.785+0.471%dYdX92.789+0.475%BloFin92.790+0.476%RISEx92.800+0.487%Kraken Futures92.805+0.493%StandX92.810+0.498%Phoenix92.840+0.531%ApeX Omni92.860+0.552%Coinbase International92.900+0.596%Injective93.327+1.058%
Pacifica
KuCoin
QFEX
Aevo
Extended
SoDEX
Aster
Nado
Deribit
GMX
dYdX
BloFin
RISEx
Kraken Futures
StandX
Phoenix
ApeX Omni
Coinbase International
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 | −0.389% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.135% | −0.0004% | 4h | $13.1M | $16.7M | — | as long as short |
| Gate CL_USDT | −0.087% | −0.0196% | 8h | $21.4M | $55.4M | 100x | as long as short |
| Vest CL-PERP | −0.055% | +0.0046% | 1h | — | $250 | 10x | as long as short |
| Bybit CLUSDT | −0.044% | 0.0000% | 8h | $24.3M | $75.8M | 150x | as long as short |
| OKX CL-USDT-SWAP | −0.044% | −0.0003% | 4h | $44.8M | $88.9M | 50x | as long as short |
| Bitget CLUSDTshort | −0.042% | −0.0018% | 4h | $43.2M | $54.4M | 100x | |
| Binance CLUSDT | −0.038% | −0.0012% | 4h | $260.6M | $801.9M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.037% | −0.0033% | 1h | $189.2M | $225.0M | 20x | as long as short |
| Bullet WTIOIL-USD | −0.029% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps WTIOIL-USD | −0.025% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.023% | +0.0010% | 1h | $3.4M | $4.8M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.004% | +0.0021% | 8h | $15K | — | 5x | as long as short |
| Lighter WTIlong | 0.000% | +0.0008% | 1h | $11.2M | $11.2M | 20x | |
| Pacifica CL | +0.003% | +0.0001% | 1h | $337K | $296K | 10x | as long as short |
| KuCoin CLUSDTM | +0.008% | +0.0100% | 4h | $7.4M | $788K | 50x | as long as short |
| QFEX CL-USD | +0.020% | −0.0027% | 1h | $2.3M | $2.4M | 10x | as long as short |
| Aftermath Perps WTIUSD | +0.029% | −0.0156% | 1h | $2K | $38K | 5x | as long as short |
| Aevo WTIOIL-PERP | +0.036% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Extended WTI-USD | +0.042% | +0.0032% | 1h | $2.0M | $30.1M | 10x | as long as short |
| SoDEX CL-USD | +0.046% | +0.0050% | 1h | $2.0M | $29K | 20x | as long as short |
| Aster CLUSD1 | +0.050% | −0.0090% | 4h | $25.1M | $58.5M | 20x | as long as short |
| edgeX CLUSDC | +0.055% | −0.0031% | 4h | $531K | $322K | 30x | as long as short |
| Nado WTI-PERP | +0.074% | −0.0036% | 1h | $819K | $672K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.074% | 0.0000% | 1h | $96K | $437K | 15x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.080% | L +0.0238% / S −0.0173% | 1h | $89K | — | 111x | as long as short |
| dYdX WTI-USD | +0.084% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| BloFin CL-USDT | +0.085% | +0.0231% | 4h | $4.4M | $1.1M | 50x | as long as short |
| RISEx CL/USDC | +0.096% | 0.0000% | 1h | $3.0M | $939K | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.101% | −0.0103% | 1h | $356K | $1.0M | 25x | as long as short |
| StandX CL-USD | +0.107% | +0.0040% | 1h | $792K | $1.2M | 40x | as long as short |
| Phoenix WTIOIL | +0.139% | −0.0034% | 1h | $31K | $254K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.161% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.204% | −0.0032% | 1h | $397K | $903K | 15x | as long as short |
| Injective WTI/USDC PERP | +0.664% | +0.0209% | 1h | $18K | $31K | 30x | as long as short |