Spread before costs (cost unknown: a leg has no order-book sample)−0.164%
7d average+0.015%if it closes, per $10,000$16funding while held, a day+$2.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado WTI-PERP | 92.194 | −0.0070 | get 0.0009% / 1h | 40m 02s | $811K | $694K | 10x |
| Short | Variational Omni CL | 92.042 | 0 | get 0.0000% / 4h | 1h 40m | $12.5M | $16.9M | — |
Nado WTI-PERP
Variational Omni 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
- −$16.44
- Funding while held
- $2.09
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.35
- Spread needed to break even
- 0.070%
Slippage unknown: Nado: live order book, 15 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.09
- 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, 15 min ago | 0.05 bp | 5.4 bp −$5 | 9.0 bp −$90 | 29.2 bp −$2,916 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.27 bp | doesn't fit | 2.7 bp −$27 | 7.6 bp −$755 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.792cheapest
gTrade (Gains Network)Variational Omni92.042+0.273%
Ondo Perps92.070+0.303%Gate92.070+0.303%Lighter92.078+0.312%ApeX Omni92.080+0.314%Aevo92.090+0.325%tradeXYZ92.091+0.326%Bitget92.095+0.330%Bybit92.097+0.332%SoDEX92.098+0.333%Paradex92.099+0.334%Aster92.100+0.336%Vest92.100+0.336%BloFin92.100+0.336%Pacifica92.103+0.339%OKX92.110+0.346%QFEX92.110+0.346%Deribit92.110+0.346%dYdX92.111+0.348%Binance92.114+0.351%Extended92.120+0.357%Kraken Futures92.124+0.361%GMX92.125+0.363%Coinbase International92.130+0.368%Bullet92.134+0.373%KuCoin92.138+0.377%Polymarket Perps92.142+0.381%StandX92.160+0.401%Phoenix92.180+0.423%Aftermath Perps92.185+0.428%
Ondo Perps
Gate
Lighter
ApeX Omni
Aevo
tradeXYZ
Bitget
Bybit
SoDEX
Paradex
Aster
Vest
BloFin
Pacifica
OKX
QFEX
Deribit
dYdX
Binance
Extended
Kraken Futures
GMX
Coinbase International
Bullet
KuCoin
Polymarket Perps
StandX
PhoenixNado92.194+0.438%
edgeX92.201+0.446%RISEx92.217+0.463%Injective92.595+0.875%
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 | −0.436% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CLshort | −0.164% | 0.0000% | 4h | $12.5M | $16.9M | — | |
| Ondo Perps WTI-USD.P | −0.135% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| Gate CL_USDT | −0.135% | −0.0153% | 8h | $21.4M | $55.6M | 100x | as long as short |
| Lighter WTI | −0.126% | +0.0032% | 1h | $11.1M | $11.4M | 20x | as long as short |
| ApeX Omni CLUSDT | −0.124% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Aevo WTIOIL-PERP | −0.113% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| tradeXYZ xyz:CL | −0.112% | +0.0025% | 1h | $183.2M | $235.8M | 20x | as long as short |
| Bitget CLUSDT | −0.107% | 0.0000% | 4h | $42.6M | $55.6M | 100x | as long as short |
| Bybit CLUSDT | −0.105% | 0.0000% | 8h | $24.0M | $79.3M | 150x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.104% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Paradex CL-USD-PERP | −0.103% | +0.0039% | 8h | $15K | — | 5x | as long as short |
| Aster CLUSD1 | −0.102% | −0.0026% | 4h | $24.7M | $59.8M | 20x | as long as short |
| Vest CL-PERP | −0.102% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| BloFin CL-USDT | −0.102% | +0.0240% | 4h | $4.3M | $1.3M | 50x | as long as short |
| Pacifica CL | −0.098% | +0.0100% | 1h | $344K | $291K | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.091% | 0.0000% | 4h | $44.4M | $92.9M | 50x | as long as short |
| QFEX CL-USD | −0.091% | −0.0015% | 1h | $2.3M | $2.6M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.091% | 0.0000% | 1h | $96K | $452K | 15x | as long as short |
| dYdX WTI-USD | −0.090% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Binance CLUSDT | −0.086% | 0.0000% | 4h | $254.0M | $851.1M | 100x | as long as short |
| Extended WTI-USD | −0.080% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.076% | +0.0058% | 1h | $361K | $1.0M | 25x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.075% | L +0.0231% / S −0.0152% | 1h | $88K | — | 111x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.069% | +0.0024% | 1h | $395K | $909K | 15x | as long as short |
| Bullet WTIOIL-USD | −0.065% | 0.0000% | 1h | $17K | $247K | 10x | as long as short |
| KuCoin CLUSDTM | −0.061% | +0.0100% | 4h | $7.5M | $799K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.056% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| StandX CL-USD | −0.037% | +0.0040% | 1h | $733K | $1.5M | 40x | as long as short |
| Phoenix WTIOIL | −0.015% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.010% | −0.0098% | 1h | $2K | $37K | 5x | as long as short |
| Nado WTI-PERPlong | 0.000% | −0.0070% | 1h | $811K | $694K | 10x | |
| edgeX CLUSDC | +0.008% | −0.0038% | 4h | $528K | $320K | 30x | as long as short |
| RISEx CL/USDC | +0.025% | 0.0000% | 1h | $3.0M | $1.1M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.435% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |