After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.055%7d average+0.182%fees + slippage, in and out−$13spread needed0.135%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WTI | 92.322 | 0.0032 | pay 0.0004% / 1h | 34m 22s | $11.0M | $11.7M | 20x |
| Short | Bullet WTIOIL-USD | 92.271 | 0 | get 0.0000% / 1h | 34m 22s | $18K | $246K | 10x |
Lighter WTI
Bullet WTIOIL-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
- −$5.52
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$5.46
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$19.95
- Spread needed to break even
- 0.135%
Slippage from Lighter: live order book, 11 min ago; Bullet: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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, 11 min ago | 0.05 bp | 0.5 bp $0 | 1.2 bp −$12 | 7.5 bp −$753 | 27.7 bp −$13.9K |
| Sell Bullet live order book, 16 min ago | 0.54 bp | 6.5 bp −$7 | 17.7 bp −$177 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.961cheapestPhoenix92.120+0.173%Coinbase International92.240+0.303%GMX92.245+0.309%Binance92.259+0.324%Gate92.270+0.336%
gTrade (Gains Network)
Phoenix
Coinbase International
GMX
Binance
GateBullet92.271+0.337%
Ondo Perps92.280+0.347%Vest92.280+0.347%tradeXYZ92.282+0.349%Bitget92.288+0.356%OKX92.290+0.358%QFEX92.290+0.358%Aftermath Perps92.290+0.358%Bybit92.310+0.380%RISEx92.310+0.380%Polymarket Perps92.312+0.382%
Ondo Perps
Vest
tradeXYZ
Bitget
OKX
QFEX
Bybit
RISEx
Polymarket PerpsLighter92.322+0.393%
Paradex92.323+0.394%Aster92.324+0.395%Pacifica92.326+0.397%StandX92.330+0.401%KuCoin92.339+0.411%edgeX92.345+0.417%Aevo92.347+0.420%BloFin92.350+0.423%Extended92.360+0.434%ApeX Omni92.360+0.434%SoDEX92.360+0.434%Variational Omni92.366+0.441%Kraken Futures92.367+0.441%Nado92.379+0.455%Deribit92.390+0.467%dYdX92.410+0.488%Injective92.595+0.689%
Paradex
Aster
Pacifica
StandX
KuCoin
Aevo
BloFin
Extended
ApeX Omni
SoDEX
Variational Omni
Kraken Futures
Nado
Deribit
dYdX
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 | −0.391% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Phoenix WTIOIL | −0.219% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.089% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.083% | L +0.0134% / S +0.0018% | 1h | $78K | — | 111x | as long as short |
| Binance CLUSDT | −0.068% | 0.0000% | 4h | $248.6M | $916.7M | 100x | as long as short |
| Gate CL_USDT | −0.056% | −0.0089% | 8h | $21.3M | $56.9M | 100x | as long as short |
| Bullet WTIOIL-USDshort | −0.055% | 0.0000% | 1h | $18K | $246K | 10x | |
| Ondo Perps WTI-USD.P | −0.045% | +0.0017% | 1h | $3.4M | $5.1M | 20x | as long as short |
| Vest CL-PERP | −0.045% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| tradeXYZ xyz:CL | −0.043% | +0.0046% | 1h | $185.2M | $248.7M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CLUSDT | −0.037% | 0.0000% | 4h | $43.2M | $56.9M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.035% | 0.0000% | 4h | $44.1M | $99.5M | 50x | as long as short |
| QFEX CL-USD | −0.035% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.034% | −0.0063% | 1h | $2K | $36K | 5x | as long as short |
| Bybit CLUSDT | −0.013% | 0.0000% | 8h | $24.9M | $84.2M | 150x | as long as short |
| RISEx CL/USDC | −0.013% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.011% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Lighter WTIlong | 0.000% | +0.0032% | 1h | $11.0M | $11.7M | 20x | |
| Paradex CL-USD-PERP | +0.001% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Aster CLUSD1 | +0.002% | 0.0000% | 4h | $24.8M | $61.3M | 20x | as long as short |
| Pacifica CL | +0.005% | +0.0100% | 1h | $349K | $318K | 10x | as long as short |
| StandX CL-USD | +0.009% | +0.0040% | 1h | $728K | $1.9M | 40x | as long as short |
| KuCoin CLUSDTM | +0.018% | +0.0100% | 4h | $7.4M | $801K | 50x | as long as short |
| edgeX CLUSDC | +0.025% | −0.0069% | 4h | $529K | $320K | 30x | as long as short |
| Aevo WTIOIL-PERP | +0.028% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| BloFin CL-USDT | +0.030% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Extended WTI-USD | +0.041% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.041% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| SoDEX CL-USD | +0.041% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
| Variational Omni CL | +0.048% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.049% | −0.0001% | 1h | $292K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | +0.062% | −0.0081% | 1h | $796K | $734K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.074% | 0.0000% | 1h | $97K | $467K | 15x | as long as short |
| dYdX WTI-USD | +0.095% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| Injective WTI/USDC PERP | +0.296% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |