Spread before costs (cost unknown: a leg has no order-book sample)−0.294%
7d average—if it closes, per $10,000$29funding while held, a day−$1.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 92.080 | 0.0014 | pay 0.0002% / 1h | 25m 03s | $3.4M | $5.1M | 20x |
| Short | gTrade (Gains Network) WTI/USD | 91.809 | L 0.0000% / S +0.0036% | pay 0.0004% / 1h | 25m 03s | $4K | — | 150x |
Price 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
- −$29.43
- Funding while held
- −$1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Net
- −$43.91
- Spread needed to break even
- 0.130%
Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0049%
- Per $10,000 a day
- −$1.48
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Ondo Perps and gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CL price on every exchange
against the cheapest. Click to use as the short leg.CL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) WTI/USDshort | −0.294% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | |
| Ondo Perps WTI-USD.Plong | 0.000% | +0.0014% | 1h | $3.4M | $5.1M | 20x | |
| Aevo WTIOIL-PERP | +0.013% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| QFEX CL-USD | +0.022% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| SoDEX CL-USD | +0.024% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
| Bullet WTIOIL-USD | +0.027% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.027% | L +0.0134% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| Gate CL_USDT | +0.033% | −0.0085% | 8h | $21.3M | $57.2M | 100x | as long as short |
| Extended WTI-USD | +0.043% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Vest CL-PERP | +0.043% | +0.0046% | 1h | — | $86K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | +0.043% | 0.0000% | 1h | $97K | $445K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.046% | −0.0001% | 1h | $292K | $1.2M | 25x | as long as short |
| RISEx CL/USDC | +0.047% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Paradex CL-USD-PERP | +0.049% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| BloFin CL-USDT | +0.054% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Bybit CLUSDT | +0.055% | 0.0000% | 8h | $24.8M | $85.0M | 150x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.063% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Binance CLUSDT | +0.065% | 0.0000% | 4h | $247.5M | $923.3M | 100x | as long as short |
| OKX CL-USDT-SWAP | +0.065% | 0.0000% | 4h | $44.0M | $99.5M | 50x | as long as short |
| Aster CLUSD1 | +0.067% | 0.0000% | 4h | $24.8M | $61.3M | 20x | as long as short |
| Lighter WTI | +0.067% | +0.0032% | 1h | $11.0M | $11.8M | 20x | as long as short |
| Pacifica CL | +0.070% | +0.0100% | 1h | $347K | $326K | 10x | as long as short |
| Variational Omni CL | +0.084% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| Bitget CLUSDT | +0.085% | 0.0000% | 4h | $43.2M | $57.2M | 100x | as long as short |
| tradeXYZ xyz:CL | +0.087% | +0.0049% | 1h | $184.3M | $250.1M | 20x | as long as short |
| Nado WTI-PERP | +0.089% | −0.0068% | 1h | $797K | $736K | 10x | as long as short |
| KuCoin CLUSDTM | +0.093% | +0.0100% | 4h | $7.4M | $802K | 50x | as long as short |
| dYdX WTI-USD | +0.150% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Phoenix WTIOIL | +0.152% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.152% | +0.0024% | 1h | $379K | $931K | 15x | as long as short |
| StandX CL-USD | +0.163% | +0.0040% | 1h | $727K | $1.9M | 40x | as long as short |
| Aftermath Perps WTIUSD | +0.193% | −0.0057% | 1h | $1K | $36K | 5x | as long as short |
| edgeX CLUSDC | +0.206% | −0.0051% | 4h | $528K | $319K | 30x | as long as short |
| ApeX Omni CLUSDT | +0.217% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.559% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |
gTrade (Gains Network) WTI/USD
SoDEX
Bullet
GMX
Gate
Extended
Deribit
Kraken Futures
RISEx
Paradex
BloFin
Bybit
Polymarket Perps
Binance
OKX
Aster
Lighter
Pacifica
Variational Omni
Bitget
tradeXYZ
KuCoin
Phoenix
Coinbase International
StandX
ApeX Omni
Injective