After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.043%7d average−0.020%fees + slippage, in and out−$24spread needed0.243%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CL-USDT-SWAP | 92.410 | 0 | get 0.0000% / 4h | 1h 10m | $43.5M | $111.5M | 50x |
| Short | Bybit CLUSDT | 92.450 | 0 | get 0.0000% / 8h | 5h 10m | $25.1M | $95.4M | 150x |
OKX CL-USDT-SWAP
Bybit 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
- $4.33
- Funding while held
- $0
- Slippage, 4 orders
- −$3.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.99
- Spread needed to break even
- 0.243%
Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 0.54 bp | 5.5 bp −$6 | 6.5 bp −$65 | 15.2 bp −$1,524 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.54 bp | 6.2 bp −$6 | 7.5 bp −$75 | 16.3 bp −$1,633 | 98.4 bp −$49.2K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.163cheapestStandX92.250+0.094%Coinbase International92.340+0.192%Gate92.370+0.225%BloFin92.370+0.225%Paradex92.384+0.240%Bullet92.389+0.245%Aftermath Perps92.390+0.246%Ondo Perps92.390+0.246%QFEX92.400+0.257%ApeX Omni92.400+0.257%Pacifica92.406+0.264%Variational Omni92.408+0.266%
gTrade (Gains Network)
StandX
Coinbase International
Gate
BloFin
Paradex
Bullet
Ondo Perps
QFEX
ApeX Omni
Pacifica
Variational OmniOKX92.410+0.268%
edgeX92.421+0.280%SoDEX92.422+0.281%Polymarket Perps92.424+0.283%Lighter92.426+0.285%Aster92.429+0.288%Aevo92.430+0.290%Binance92.430+0.290%Bitget92.431+0.291%GMX92.435+0.295%Nado92.440+0.300%Kraken Futures92.447+0.309%
SoDEX
Polymarket Perps
Lighter
Aster
Aevo
Binance
Bitget
GMX
Nado
Kraken FuturesBybit92.450+0.311%
tradeXYZ92.454+0.316%KuCoin92.455+0.317%Phoenix92.460+0.322%Deribit92.460+0.322%Vest92.470+0.333%dYdX92.473+0.336%Extended92.480+0.344%RISEx92.501+0.367%Injective92.595+0.469%
tradeXYZ
KuCoin
Phoenix
Deribit
Vest
dYdX
Extended
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 | −0.267% | L −0.0038% / S +0.0036% | 1h | $179K | — | 150x | as long as short |
| StandX CL-USD | −0.173% | +0.0040% | 1h | $727K | $2.5M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.076% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| Gate CL_USDT | −0.043% | 0.0000% | 8h | $21.1M | $61.7M | 100x | as long as short |
| BloFin CL-USDT | −0.043% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Paradex CL-USD-PERP | −0.028% | +0.0037% | 8h | $15K | $367 | 5x | as long as short |
| Bullet WTIOIL-USD | −0.023% | 0.0000% | 1h | $18K | $249K | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.022% | −0.0075% | 1h | $2K | $34K | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.022% | −0.0012% | 1h | $3.5M | $6.2M | 20x | as long as short |
| QFEX CL-USD | −0.011% | −0.0022% | 1h | $2.4M | $2.8M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CLUSDT | −0.011% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Pacifica CL | −0.004% | +0.0100% | 1h | $312K | $537K | 10x | as long as short |
| Variational Omni CL | −0.002% | −0.0030% | 4h | $13.6M | $17.2M | — | as long as short |
| OKX CL-USDT-SWAPlong | 0.000% | 0.0000% | 4h | $43.5M | $111.5M | 50x | |
| edgeX CLUSDC | +0.012% | +0.0045% | 4h | $531K | $351K | 30x | as long as short |
| SoDEX CL-USD | +0.013% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.015% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| Lighter WTI | +0.017% | +0.0016% | 1h | $11.2M | $12.8M | 20x | as long as short |
| Aster CLUSD1 | +0.020% | −0.0079% | 4h | $25.0M | $70.6M | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.022% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Binance CLUSDT | +0.022% | −0.0049% | 4h | $245.2M | $1.04B | 100x | as long as short |
| Bitget CLUSDT | +0.023% | 0.0000% | 4h | $42.6M | $63.3M | 100x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.027% | L +0.0130% / S +0.0031% | 1h | $79K | — | 111x | as long as short |
| Nado WTI-PERP | +0.032% | +0.0003% | 1h | $832K | $736K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.040% | +0.0064% | 1h | $259K | $1.3M | 25x | as long as short |
| Bybit CLUSDTshort | +0.043% | 0.0000% | 8h | $25.1M | $95.4M | 150x | |
| tradeXYZ xyz:CL | +0.048% | +0.0050% | 1h | $186.2M | $281.6M | 20x | as long as short |
| KuCoin CLUSDTM | +0.049% | +0.0100% | 4h | $7.6M | $1.1M | 50x | as long as short |
| Phoenix WTIOIL | +0.054% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.054% | 0.0000% | 1h | $96K | $463K | 15x | as long as short |
| Vest CL-PERP | +0.065% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| dYdX WTI-USD | +0.068% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| Extended WTI-USD | +0.076% | +0.0032% | 1h | $1.9M | $30.0M | 10x | as long as short |
| RISEx CL/USDC | +0.098% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.200% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |