After costs, if the gap returns to its 7d average, $10k−$21
spread now−0.026%7d average−0.009%fees + slippage, in and out−$19spread needed0.191%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WTI-PERP | 92.442 | 0.0004 | pay 0.0001% / 1h | 11m 42s | $832K | $736K | 10x |
| Short | Pacifica CL | 92.418 | 0.0100 | get 0.0013% / 1h | 11m 42s | $312K | $537K | 10x |
Nado WTI-PERP
Pacifica CLPrice 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
- −$2.57
- Funding while held
- $2.87
- Slippage, 4 orders
- −$4.12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$18.81
- Spread needed to break even
- 0.191%
Slippage from Nado: live order book, 23 min ago; Pacifica: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.87
- 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 Nado live order book, 23 min ago | 0.05 bp | 4.4 bp −$4 | 8.0 bp −$80 | 27.6 bp −$2,761 | doesn't fit |
| Sell Pacifica live order book, 23 min ago | 0.05 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.124cheapestVariational Omni92.278+0.167%StandX92.290+0.180%Gate92.330+0.224%Coinbase International92.340+0.234%BloFin92.370+0.267%Aftermath Perps92.373+0.270%Phoenix92.380+0.278%Paradex92.387+0.286%Ondo Perps92.390+0.289%Bitget92.393+0.292%GMX92.395+0.294%SoDEX92.395+0.294%edgeX92.395+0.295%Bullet92.397+0.296%Binance92.400+0.300%OKX92.400+0.300%ApeX Omni92.400+0.300%Aevo92.405+0.305%Lighter92.406+0.306%Aster92.410+0.310%QFEX92.410+0.310%Bybit92.412+0.313%
gTrade (Gains Network)
Variational Omni
StandX
Gate
Coinbase International
BloFin
Phoenix
Paradex
Ondo Perps
Bitget
GMX
SoDEX
Bullet
Binance
OKX
ApeX Omni
Aevo
Lighter
Aster
QFEX
BybitPacifica92.418+0.319%
tradeXYZ92.425+0.327%Deribit92.430+0.332%Polymarket Perps92.433+0.335%KuCoin92.435+0.338%Kraken Futures92.437+0.340%
tradeXYZ
Deribit
Polymarket Perps
KuCoin
Kraken FuturesNado92.442+0.345%
Extended92.450+0.354%dYdX92.473+0.379%Vest92.480+0.386%RISEx92.505+0.414%Injective92.595+0.511%
Extended
dYdX
Vest
RISEx
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 | −0.344% | L −0.0038% / S +0.0036% | 1h | $179K | — | 150x | as long as short |
| Variational Omni CL | −0.177% | −0.0027% | 4h | $13.5M | $17.2M | — | as long as short |
| StandX CL-USD | −0.164% | +0.0040% | 1h | $727K | $2.5M | 40x | as long as short |
| Gate CL_USDT | −0.121% | 0.0000% | 8h | $21.1M | $61.7M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.110% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| BloFin CL-USDT | −0.078% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.075% | −0.0078% | 1h | $2K | $34K | 5x | as long as short |
| Phoenix WTIOIL | −0.067% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Paradex CL-USD-PERP | −0.059% | +0.0037% | 8h | $15K | $367 | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.056% | −0.0012% | 1h | $3.5M | $6.2M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CLUSDT | −0.053% | 0.0000% | 4h | $42.6M | $63.3M | 100x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.051% | L +0.0130% / S +0.0031% | 1h | $79K | — | 111x | as long as short |
| SoDEX CL-USD | −0.051% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| edgeX CLUSDC | −0.050% | +0.0067% | 4h | $531K | $353K | 30x | as long as short |
| Bullet WTIOIL-USD | −0.048% | 0.0000% | 1h | $18K | $249K | 10x | as long as short |
| Binance CLUSDT | −0.045% | −0.0049% | 4h | $244.9M | $1.04B | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.045% | 0.0000% | 4h | $43.5M | $111.5M | 50x | as long as short |
| ApeX Omni CLUSDT | −0.045% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Aevo WTIOIL-PERP | −0.040% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Lighter WTI | −0.039% | +0.0016% | 1h | $11.2M | $12.8M | 20x | as long as short |
| Aster CLUSD1 | −0.034% | −0.0079% | 4h | $25.0M | $70.6M | 20x | as long as short |
| QFEX CL-USD | −0.034% | −0.0022% | 1h | $2.4M | $2.8M | 10x | as long as short |
| Bybit CLUSDT | −0.032% | 0.0000% | 8h | $25.1M | $95.4M | 150x | as long as short |
| Pacifica CLshort | −0.026% | +0.0100% | 1h | $312K | $537K | 10x | |
| tradeXYZ xyz:CL | −0.018% | +0.0050% | 1h | $186.1M | $281.6M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.013% | 0.0000% | 1h | $96K | $466K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.009% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| KuCoin CLUSDTM | −0.007% | +0.0100% | 4h | $7.6M | $1.1M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.005% | +0.0064% | 1h | $259K | $1.3M | 25x | as long as short |
| Nado WTI-PERPlong | 0.000% | +0.0004% | 1h | $832K | $736K | 10x | |
| Extended WTI-USD | +0.009% | +0.0032% | 1h | $1.9M | $30.0M | 10x | as long as short |
| dYdX WTI-USD | +0.034% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| Vest CL-PERP | +0.041% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| RISEx CL/USDC | +0.069% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.166% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |