data as of
Settings8H · net · $10k
Price arb /

CL

RWAall CL markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.066%
7d average+0.148%if it closes, per $10,000$7funding while held, a day−$0.21
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WTI92.8090.0008pay 0.0001% / 1h33m 45s$11.2M$11.1M20x
ShortPacifica CL92.7480.0001get 0.0000% / 1h33m 45s$337K$296K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$6.57
Funding while held
−$0.21
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$14.78
Spread needed to break even
0.080%
Slippage unknown: Lighter: live order book, 6 min ago; Pacifica: live order book, 26 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0007%
Per $10,000 a day
$0.21
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago0.32 bp0.6 bp −$11.5 bp −$158.8 bp −$87537.3 bp −$18.6K
Sell Pacifica live order book, 26 min ago0.11 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit

CL price on every exchange

against the cheapest. Click to use as the short leg.

CL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) WTI/USD−0.339%L 0.0000% / S +0.0036%1h$4K150xas long as short
edgeX CLUSDC−0.303%−0.0017%4h$530K$321K30xas long as short
Coinbase International WTIOIL-PERP-INTX−0.290%−0.0032%1h$395K$885K15xas long as short
BloFin CL-USDT−0.258%+0.0228%4h$4.3M$1.1M50xas long as short
Variational Omni CL−0.240%−0.0004%4h$13.1M$16.7Mas long as short
Phoenix WTIOIL−0.193%−0.0034%1h$31K$254K20xas long as short
StandX CL-USD−0.139%+0.0040%1h$790K$1.2M40xas long as short
ApeX Omni CLUSDT−0.085%+0.0100%1h$56K$272K50xas long as short
Paradex CL-USD-PERP−0.079%+0.0019%8h$15K5xas long as short
Aftermath Perps WTIUSD−0.076%−0.0156%1h$2K$38K5xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica CLshort−0.066%+0.0001%1h$337K$296K10x
dYdX WTI-USD−0.056%0.0000%1h$6K$1265xas long as short
Ondo Perps WTI-USD.P−0.053%+0.0001%1h$3.5M$4.7M20xas long as short
Vest CL-PERP−0.053%+0.0046%1h$25010xas long as short
Gate CL_USDT−0.031%−0.0198%8h$21.4M$55.2M100xas long as short
Nado WTI-PERP−0.010%−0.0038%1h$821K$668K10xas long as short
QFEX CL-USD−0.010%−0.0027%1h$2.3M$2.4M10xas long as short
Aevo WTIOIL-PERP−0.004%+0.0104%1h$4K$4910xas long as short
Lighter WTIlong0.000%+0.0008%1h$11.2M$11.1M20x
Bullet WTIOIL-USD+0.004%0.0000%1h$18K$246K10xas long as short
Polymarket Perps WTIOIL-USD+0.014%+0.0050%1h$1.7M$1.5M20xas long as short
tradeXYZ xyz:CL+0.019%−0.0035%1h$188.2M$223.0M20xas long as short
OKX CL-USDT-SWAP+0.023%−0.0009%4h$44.6M$87.9M50xas long as short
Bitget CLUSDT+0.025%−0.0022%4h$43.3M$53.9M100xas long as short
SoDEX CL-USD+0.027%+0.0050%1h$2.0M$29K20xas long as short
Bybit CLUSDT+0.028%0.0000%8h$24.2M$75.1M150xas long as short
Binance CLUSDT+0.036%−0.0017%4h$261.0M$793.9M100xas long as short
Deribit WTIOIL_USDC-PERPETUAL+0.044%0.0000%1h$96K$437K15xas long as short
RISEx CL/USDC+0.047%0.0000%1h$3.0M$938K20xas long as short
Kraken Futures PF_WTIOILUSD+0.063%−0.0103%1h$352K$983K25xas long as short
KuCoin CLUSDTM+0.079%+0.0100%4h$7.5M$779K50xas long as short
Extended WTI-USD+0.087%+0.0032%1h$2.0M$30.0M10xas long as short
GMX WTIOIL/USD [ETH-USDC]+0.093%L +0.0238% / S −0.0173%1h$89K111xas long as short
Aster CLUSD1+0.106%−0.0095%4h$25.1M$58.4M20xas long as short
Injective WTI/USDC PERP+0.558%+0.0209%1h$18K$31K30xas long as short