Spread before costs (cost unknown: a leg has no order-book sample)−0.007%
7d average+0.038%if it closes, per $10,000$1funding while held, a day+$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WTI | 91.966 | 0.0032 | pay 0.0004% / 1h | 23m 45s | $11.0M | $11.7M | 20x |
| Short | Ondo Perps WTI-USD.P | 91.960 | 0.0050 | get 0.0006% / 1h | 23m 45s | $3.4M | $5.0M | 20x |
Lighter WTI
Ondo Perps WTI-USD.PPrice 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
- −$0.65
- Funding while held
- $0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.1
- Spread needed to break even
- 0.050%
Slippage unknown: Lighter: live order book, 6 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.55
- 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 | 0.33 bp | 0.7 bp −$1 | 1.7 bp −$17 | 7.2 bp −$717 | 28.1 bp −$14.1K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.edgeX91.686cheapestgTrade (Gains Network)91.726+0.044%BloFin91.870+0.201%StandX91.900+0.233%Gate91.920+0.255%Aftermath Perps91.922+0.257%Coinbase International91.950+0.288%Bybit91.960+0.299%OKX91.960+0.299%
gTrade (Gains Network)
BloFin
StandX
Gate
Coinbase International
Bybit
OKXOndo Perps91.960+0.299%
Phoenix91.960+0.299%Bitget91.964+0.303%tradeXYZ91.965+0.304%
Phoenix
Bitget
tradeXYZLighter91.966+0.305%
Paradex91.968+0.308%Vest91.970+0.310%Variational Omni91.972+0.312%Aster91.974+0.314%Binance91.980+0.321%QFEX91.980+0.321%Pacifica91.987+0.328%Extended91.990+0.332%KuCoin91.993+0.335%dYdX91.997+0.339%Aevo91.999+0.341%SoDEX92.010+0.353%RISEx92.015+0.359%ApeX Omni92.020+0.364%Bullet92.022+0.366%Nado92.023+0.368%Kraken Futures92.026+0.371%GMX92.035+0.381%Deribit92.040+0.386%Polymarket Perps92.050+0.397%Injective92.595+0.991%
Paradex
Vest
Variational Omni
Aster
Binance
QFEX
Pacifica
Extended
KuCoin
dYdX
Aevo
SoDEX
RISEx
ApeX Omni
Bullet
Nado
Kraken Futures
GMX
Deribit
Polymarket Perps
InjectiveCL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX CLUSDC | −0.304% | −0.0064% | 4h | $525K | $322K | 30x | as long as short |
| gTrade (Gains Network) WTI/USD | −0.261% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| BloFin CL-USDT | −0.104% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| StandX CL-USD | −0.072% | +0.0040% | 1h | $727K | $1.6M | 40x | as long as short |
| Gate CL_USDT | −0.050% | −0.0134% | 8h | $21.3M | $56.4M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.048% | −0.0084% | 1h | $2K | $37K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.017% | +0.0024% | 1h | $379K | $927K | 15x | as long as short |
| Bybit CLUSDT | −0.007% | 0.0000% | 8h | $23.9M | $80.9M | 150x | as long as short |
| OKX CL-USDT-SWAP | −0.007% | 0.0000% | 4h | $44.5M | $95.0M | 50x | as long as short |
| Ondo Perps WTI-USD.Pshort | −0.007% | +0.0050% | 1h | $3.4M | $5.0M | 20x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix WTIOIL | −0.007% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| Bitget CLUSDT | −0.002% | 0.0000% | 4h | $42.7M | $56.1M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.001% | +0.0008% | 1h | $182.7M | $239.4M | 20x | as long as short |
| Lighter WTIlong | 0.000% | +0.0032% | 1h | $11.0M | $11.7M | 20x | |
| Paradex CL-USD-PERP | +0.002% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Vest CL-PERP | +0.004% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Variational Omni CL | +0.007% | 0.0000% | 4h | $12.4M | $17.0M | — | as long as short |
| Aster CLUSD1 | +0.009% | −0.0018% | 4h | $24.7M | $60.3M | 20x | as long as short |
| Binance CLUSDT | +0.015% | 0.0000% | 4h | $253.9M | $877.3M | 100x | as long as short |
| QFEX CL-USD | +0.015% | −0.0015% | 1h | $2.3M | $2.7M | 10x | as long as short |
| Pacifica CL | +0.022% | +0.0100% | 1h | $343K | $310K | 10x | as long as short |
| Extended WTI-USD | +0.026% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| KuCoin CLUSDTM | +0.029% | +0.0100% | 4h | $7.4M | $805K | 50x | as long as short |
| dYdX WTI-USD | +0.034% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Aevo WTIOIL-PERP | +0.036% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USD | +0.048% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| RISEx CL/USDC | +0.054% | 0.0000% | 1h | $3.0M | $1.3M | 20x | as long as short |
| ApeX Omni CLUSDT | +0.059% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Bullet WTIOIL-USD | +0.061% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Nado WTI-PERP | +0.062% | −0.0066% | 1h | $811K | $705K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.065% | +0.0058% | 1h | $284K | $1.1M | 25x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.075% | L +0.0136% / S +0.0043% | 1h | $77K | — | 111x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.080% | 0.0000% | 1h | $96K | $457K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.091% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.684% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |