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

CL

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.024%7d average+0.084%fees + slippage, in and out−$21spread needed0.210%
Long on LighterShort on tradeXYZ
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WTI91.238−0.0008get 0.0001% / 1h8m 47s$11.0M$12.2M20x
ShorttradeXYZ xyz:CL91.260−0.0033pay 0.0004% / 1h8m 47s$183.1M$261.3M20x

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
$2.41
Funding while held
−$0.75
Slippage, 4 orders
−$3.03
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$19.36
Spread needed to break even
0.210%
Slippage from Lighter: live order book, 6 min ago; tradeXYZ: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
−0.0025%
Per $10,000 a day
−$0.75
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 ago0.05 bp1.9 bp −$23.5 bp −$3510.1 bp −$1,00743.0 bp −$21.5K
Sell tradeXYZ live order book, 13 min ago0.33 bp9.7 bp −$1010.7 bp −$107doesn't fitdoesn't fit

CL price on every exchange

against the cheapest. Click to use as the short leg.
gTrade (Gains Network)91.025cheapestOKX91.230+0.225%
Lighter91.238+0.234%
Binance91.244+0.240%Bybit91.250+0.247%Gate91.250+0.247%
tradeXYZ91.260+0.258%
Bitget91.262+0.260%Paradex91.279+0.280%Aevo91.289+0.290%SoDEX91.295+0.297%QFEX91.300+0.302%Bullet91.303+0.305%GMX91.305+0.308%Ondo Perps91.310+0.313%Deribit91.320+0.324%Polymarket Perps91.321+0.325%Pacifica91.327+0.332%Aster91.330+0.335%KuCoin91.335+0.341%Kraken Futures91.335+0.341%Extended91.340+0.346%Nado91.342+0.349%BloFin91.350+0.357%dYdX91.350+0.357%RISEx91.360+0.368%Aftermath Perps91.380+0.390%Variational Omni91.394+0.405%Vest91.400+0.412%StandX91.410+0.423%Phoenix91.410+0.423%ApeX Omni91.420+0.434%edgeX91.421+0.436%Coinbase International91.750+0.796%Injective92.595+1.725%

CL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) WTI/USD−0.233%L 0.0000% / S +0.0036%1h$4K—150xas long as short
OKX CL-USDT-SWAP−0.009%0.0000%4h$43.3M$106.1M50xas long as short
Lighter WTIlong0.000%−0.0008%1h$11.0M$12.2M20x
Binance CLUSDT+0.006%0.0000%4h$245.0M$999.3M100xas long as short
Bybit CLUSDT+0.013%0.0000%8h$24.9M$93.0M150xas long as short
Gate CL_USDT+0.013%0.0000%8h$21.0M$59.2M100xas long as short
tradeXYZ xyz:CLshort+0.024%−0.0033%1h$183.1M$261.3M20x
Bitget CLUSDT+0.026%0.0000%4h$42.7M$61.0M100xas long as short
Paradex CL-USD-PERP+0.045%+0.0040%8h$15K—5xas long as short
Aevo WTIOIL-PERP+0.056%+0.0104%1h$4K$4910xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SoDEX CL-USD+0.062%+0.0050%1h$2.0M$41K20xas long as short
QFEX CL-USD+0.068%−0.0016%1h$2.4M$2.9M10xas long as short
Bullet WTIOIL-USD+0.071%0.0000%1h$18K$248K10xas long as short
GMX WTIOIL/USD [ETH-USDC]+0.073%L +0.0219% / S −0.0149%1h$82K—111xas long as short
Ondo Perps WTI-USD.P+0.079%+0.0027%1h$3.4M$5.9M20xas long as short
Deribit WTIOIL_USDC-PERPETUAL+0.090%0.0000%1h$95K$472K15xas long as short
Polymarket Perps WTIOIL-USD+0.091%+0.0050%1h$1.6M$1.4M20xas long as short
Pacifica CL+0.098%+0.0100%1h$330K$374K10xas long as short
Aster CLUSD1+0.101%−0.0013%4h$24.7M$63.3M20xas long as short
KuCoin CLUSDTM+0.106%+0.0100%4h$7.5M$857K50xas long as short
Kraken Futures PF_WTIOILUSD+0.107%−0.0038%1h$294K$1.2M25xas long as short
Extended WTI-USD+0.112%+0.0032%1h$2.0M$30.5M10xas long as short
Nado WTI-PERP+0.114%+0.0014%1h$814K$765K10xas long as short
BloFin CL-USDT+0.123%+0.0240%4h$4.1M$1.4M50xas long as short
dYdX WTI-USD+0.123%0.0000%1h$5K$875xas long as short
RISEx CL/USDC+0.134%0.0000%1h$3.0M$2.5M20xas long as short
Aftermath Perps WTIUSD+0.155%−0.0080%1h$2K$35K5xas long as short
Variational Omni CL+0.171%0.0000%4h$12.4M$17.4M—as long as short
Vest CL-PERP+0.178%+0.0046%1h—$243K10xas long as short
StandX CL-USD+0.189%+0.0040%1h$719K$2.2M40xas long as short
Phoenix WTIOIL+0.189%+0.0035%1h$33K$267K20xas long as short
ApeX Omni CLUSDT+0.199%+0.0100%1h$55K$272K50xas long as short
edgeX CLUSDC+0.201%−0.0036%4h$526K$352K30xas long as short
Coinbase International WTIOIL-PERP-INTX+0.561%+0.0016%1h$373K$917K15xas long as short
Injective WTI/USDC PERP+1.487%+0.0033%1h$18K$14K30xas long as short