After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.131%7d average−0.002%fees + slippage, in and out−$51spread needed0.512%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CL-USDT-SWAP | 91.490 | 0 | get 0.0000% / 4h | 3h 36m | $43.4M | $104.3M | 50x |
| Short | ApeX Omni CLUSDT | 91.370 | 0.0100 | get 0.0013% / 1h | 36m 22s | $55K | $272K | 50x |
OKX CL-USDT-SWAP
ApeX Omni CLUSDTPrice 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
- −$13.12
- Funding while held
- $3
- Slippage, 4 orders
- −$31.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$61.34
- Spread needed to break even
- 0.512%
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 OKX live order book, 4 min ago | 0.55 bp | 5.5 bp −$6 | 6.4 bp −$64 | 12.2 bp −$1,222 | doesn't fit |
| Sell ApeX Omni live order book, 7 min ago | 8.74 bp | 20.6 bp −$21 | 194.9 bp −$1,949 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.159cheapestedgeX91.328+0.186%Phoenix91.350+0.210%
gTrade (Gains Network)
PhoenixApeX Omni91.370+0.231%
Variational Omni91.374+0.235%Gate91.390+0.253%BloFin91.410+0.275%StandX91.420+0.286%Ondo Perps91.430+0.297%QFEX91.430+0.297%Vest91.430+0.297%Paradex91.431+0.299%Lighter91.432+0.299%GMX91.435+0.303%dYdX91.436+0.303%Bullet91.436+0.304%Pacifica91.438+0.306%tradeXYZ91.448+0.317%KuCoin91.451+0.320%Aftermath Perps91.453+0.322%Polymarket Perps91.460+0.330%Aster91.460+0.330%Nado91.465+0.335%Bitget91.466+0.337%Aevo91.468+0.339%Extended91.480+0.352%Binance91.480+0.352%Bybit91.490+0.363%
Variational Omni
Gate
BloFin
StandX
Ondo Perps
QFEX
Vest
Paradex
Lighter
GMX
dYdX
Bullet
Pacifica
tradeXYZ
KuCoin
Polymarket Perps
Aster
Nado
Bitget
Aevo
Extended
Binance
BybitOKX91.490+0.363%
SoDEX91.490+0.363%Kraken Futures91.506+0.381%Deribit91.520+0.396%RISEx91.522+0.398%Coinbase International91.750+0.648%Injective92.595+1.575%
SoDEX
Kraken Futures
Deribit
RISEx
Coinbase International
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 | −0.362% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| edgeX CLUSDC | −0.177% | −0.0057% | 4h | $516K | $336K | 30x | as long as short |
| Phoenix WTIOIL | −0.153% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| ApeX Omni CLUSDTshort | −0.131% | +0.0100% | 1h | $55K | $272K | 50x | |
| Variational Omni CL | −0.127% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| Gate CL_USDT | −0.109% | 0.0000% | 8h | $21.1M | $58.1M | 100x | as long as short |
| BloFin CL-USDT | −0.087% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| StandX CL-USD | −0.077% | +0.0035% | 1h | $720K | $2.1M | 40x | as long as short |
| Ondo Perps WTI-USD.P | −0.066% | +0.0050% | 1h | $3.4M | $5.8M | 20x | as long as short |
| QFEX CL-USD | −0.066% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CL-PERP | −0.066% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.064% | +0.0039% | 8h | $15K | — | 5x | as long as short |
| Lighter WTI | −0.063% | −0.0024% | 1h | $11.0M | $12.0M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.060% | L +0.0134% / S +0.0018% | 1h | $77K | — | 111x | as long as short |
| dYdX WTI-USD | −0.060% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Bullet WTIOIL-USD | −0.059% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| Pacifica CL | −0.057% | +0.0100% | 1h | $346K | $345K | 10x | as long as short |
| tradeXYZ xyz:CL | −0.046% | −0.0017% | 1h | $182.8M | $258.5M | 20x | as long as short |
| KuCoin CLUSDTM | −0.043% | +0.0100% | 4h | $7.5M | $858K | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.041% | −0.0057% | 1h | $2K | $36K | 5x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.033% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Aster CLUSD1 | −0.033% | 0.0000% | 4h | $24.8M | $62.9M | 20x | as long as short |
| Nado WTI-PERP | −0.028% | −0.0011% | 1h | $808K | $766K | 10x | as long as short |
| Bitget CLUSDT | −0.026% | 0.0000% | 4h | $42.8M | $59.9M | 100x | as long as short |
| Aevo WTIOIL-PERP | −0.024% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Extended WTI-USD | −0.011% | +0.0032% | 1h | $2.0M | $30.6M | 10x | as long as short |
| Binance CLUSDT | −0.011% | 0.0000% | 4h | $245.0M | $985.8M | 100x | as long as short |
| Bybit CLUSDT | 0.000% | 0.0000% | 8h | $25.0M | $91.5M | 150x | as long as short |
| OKX CL-USDT-SWAPlong | 0.000% | 0.0000% | 4h | $43.4M | $104.3M | 50x | |
| SoDEX CL-USD | 0.000% | +0.0050% | 1h | $2.0M | $40K | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.018% | −0.0038% | 1h | $297K | $1.2M | 25x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.033% | 0.0000% | 1h | $96K | $460K | 15x | as long as short |
| RISEx CL/USDC | +0.035% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.284% | +0.0016% | 1h | $373K | $941K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.208% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |