After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.052%7d average+0.169%fees + slippage, in and out−$30spread needed0.298%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WTI | 92.296 | 0.0032 | pay 0.0004% / 1h | 33m 35s | $11.0M | $11.7M | 20x |
| Short | edgeX CLUSDC | 92.344 | −0.0079 | pay 0.0039% / 4h | 33m 35s | $529K | $320K | 30x |
Lighter WTIPrice 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
- $5.22
- Funding while held
- −$3.32
- Slippage, 4 orders
- −$20.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$27.89
- Spread needed to break even
- 0.298%
Slippage from Lighter: live order book, 11 min ago; edgeX: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0111%
- Per $10,000 a day
- −$3.32
- 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 edgeX live order book, 16 min ago | 10.08 bp | 14.6 bp −$15 | 14.7 bp −$147 | 21.9 bp −$2,192 | 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%Aevo92.238+0.301%Coinbase International92.240+0.303%GMX92.245+0.309%SoDEX92.245+0.309%Gate92.260+0.325%Vest92.270+0.336%Deribit92.270+0.336%Bullet92.271+0.337%Kraken Futures92.280+0.347%Ondo Perps92.280+0.347%Aftermath Perps92.290+0.358%
gTrade (Gains Network)
Phoenix
Aevo
Coinbase International
GMX
SoDEX
Gate
Vest
Deribit
Bullet
Kraken Futures
Ondo PerpsLighter92.296+0.364%
Nado92.298+0.367%Paradex92.300+0.368%Binance92.300+0.369%OKX92.300+0.369%Pacifica92.303+0.372%KuCoin92.305+0.374%Bitget92.305+0.374%Aster92.306+0.375%Bybit92.310+0.380%dYdX92.311+0.381%tradeXYZ92.320+0.390%QFEX92.320+0.390%StandX92.320+0.390%Polymarket Perps92.320+0.390%RISEx92.324+0.395%Extended92.330+0.401%BloFin92.350+0.423%Variational Omni92.366+0.441%ApeX Omni92.420+0.499%Injective92.595+0.689%
Nado
Paradex
Binance
OKX
Pacifica
KuCoin
Bitget
Aster
Bybit
dYdX
tradeXYZ
QFEX
StandX
Polymarket Perps
RISEx
Extended
BloFin
Variational Omni
ApeX Omni
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 | −0.363% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Phoenix WTIOIL | −0.191% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.063% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.061% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.055% | L +0.0134% / S +0.0018% | 1h | $78K | — | 111x | as long as short |
| SoDEX CL-USD | −0.055% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
| Gate CL_USDT | −0.039% | −0.0088% | 8h | $21.3M | $56.9M | 100x | as long as short |
| Vest CL-PERP | −0.028% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.028% | −0.0075% | 1h | $97K | $454K | 15x | as long as short |
| Bullet WTIOIL-USD | −0.027% | 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 | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.017% | −0.0001% | 1h | $292K | $1.2M | 25x | as long as short |
| Ondo Perps WTI-USD.P | −0.017% | +0.0017% | 1h | $3.4M | $5.1M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.006% | −0.0063% | 1h | $2K | $36K | 5x | as long as short |
| Lighter WTIlong | 0.000% | +0.0032% | 1h | $11.0M | $11.7M | 20x | |
| Nado WTI-PERP | +0.003% | −0.0076% | 1h | $795K | $734K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.004% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Binance CLUSDT | +0.004% | 0.0000% | 4h | $248.7M | $916.8M | 100x | as long as short |
| OKX CL-USDT-SWAP | +0.004% | 0.0000% | 4h | $44.1M | $99.5M | 50x | as long as short |
| Pacifica CL | +0.008% | +0.0100% | 1h | $349K | $318K | 10x | as long as short |
| KuCoin CLUSDTM | +0.010% | +0.0100% | 4h | $7.4M | $801K | 50x | as long as short |
| Bitget CLUSDT | +0.010% | 0.0000% | 4h | $43.2M | $56.9M | 100x | as long as short |
| Aster CLUSD1 | +0.011% | 0.0000% | 4h | $24.8M | $61.3M | 20x | as long as short |
| Bybit CLUSDT | +0.015% | 0.0000% | 8h | $24.9M | $84.2M | 150x | as long as short |
| dYdX WTI-USD | +0.017% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| tradeXYZ xyz:CL | +0.026% | +0.0046% | 1h | $185.2M | $248.8M | 20x | as long as short |
| QFEX CL-USD | +0.026% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| StandX CL-USD | +0.026% | +0.0040% | 1h | $728K | $1.9M | 40x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.026% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| RISEx CL/USDC | +0.030% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Extended WTI-USD | +0.037% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| edgeX CLUSDCshort | +0.052% | −0.0079% | 4h | $529K | $320K | 30x | |
| BloFin CL-USDT | +0.059% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Variational Omni CL | +0.076% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| ApeX Omni CLUSDT | +0.134% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.324% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |