Spread before costs (cost unknown: a leg has no order-book sample)+0.011%
7d average+0.035%if it closes, per $10,000$1funding while held, a day+$0.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 91.600 | −0.0054 | get 0.0007% / 1h | 43m 10s | $3.4M | $6.0M | 20x |
| Short | QFEX CL-USD | 91.610 | −0.0025 | pay 0.0003% / 1h | 43m 10s | $2.4M | $2.9M | 10x |
Ondo Perps WTI-USD.P
QFEX CL-USDPrice 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
- $1.09
- Funding while held
- $0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$13.03
- Spread needed to break even
- 0.150%
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0029%
- Per $10,000 a day
- +$0.88
- 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 QFEX live order book, 6 min ago | 2.19 bp | 7.2 bp −$7 | 7.2 bp −$72 | 7.8 bp −$780 | 17.5 bp −$8,766 |
Ondo Perps: 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.gTrade (Gains Network)91.359cheapestVariational Omni91.488+0.141%edgeX91.533+0.191%StandX91.550+0.209%Gate91.560+0.220%Aftermath Perps91.571+0.232%Binance91.598+0.262%
gTrade (Gains Network)
Variational Omni
StandX
Gate
BinanceOndo Perps91.600+0.264%
ApeX Omni91.600+0.264%BloFin91.600+0.264%GMX91.605+0.269%Bullet91.606+0.270%SoDEX91.607+0.271%OKX91.610+0.275%
ApeX Omni
BloFin
GMX
Bullet
SoDEX
OKXQFEX91.610+0.275%
Aevo91.611+0.275%Bitget91.614+0.279%Pacifica91.620+0.285%Bybit91.620+0.286%Phoenix91.620+0.286%Paradex91.621+0.287%Lighter91.624+0.290%Aster91.630+0.297%tradeXYZ91.640+0.308%KuCoin91.650+0.319%Polymarket Perps91.652+0.321%Deribit91.660+0.329%Kraken Futures91.660+0.330%Nado91.664+0.334%dYdX91.677+0.348%Extended91.680+0.351%RISEx91.687+0.359%Vest91.720+0.395%Coinbase International91.750+0.428%Injective92.595+1.353%
Aevo
Bitget
Pacifica
Bybit
Phoenix
Paradex
Lighter
Aster
tradeXYZ
KuCoin
Polymarket Perps
Deribit
Kraken Futures
Nado
dYdX
Extended
RISEx
Vest
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 | −0.263% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.122% | 0.0000% | 4h | $12.5M | $17.2M | — | as long as short |
| edgeX CLUSDC | −0.073% | +0.0010% | 4h | $526K | $354K | 30x | as long as short |
| StandX CL-USD | −0.055% | +0.0040% | 1h | $719K | $2.3M | 40x | as long as short |
| Gate CL_USDT | −0.044% | 0.0000% | 8h | $21.2M | $59.6M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.032% | −0.0077% | 1h | $2K | $36K | 5x | as long as short |
| Binance CLUSDT | −0.002% | 0.0000% | 4h | $245.0M | $1.01B | 100x | as long as short |
| Ondo Perps WTI-USD.Plong | 0.000% | −0.0054% | 1h | $3.4M | $6.0M | 20x | |
| ApeX Omni CLUSDT | 0.000% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| BloFin CL-USDT | 0.000% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX WTIOIL/USD [ETH-USDC] | +0.005% | L +0.0133% / S +0.0028% | 1h | $78K | — | 111x | as long as short |
| Bullet WTIOIL-USD | +0.007% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| SoDEX CL-USD | +0.008% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.011% | 0.0000% | 4h | $43.5M | $106.8M | 50x | as long as short |
| QFEX CL-USDshort | +0.011% | −0.0025% | 1h | $2.4M | $2.9M | 10x | |
| Aevo WTIOIL-PERP | +0.012% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bitget CLUSDT | +0.015% | 0.0000% | 4h | $42.6M | $61.4M | 100x | as long as short |
| Pacifica CL | +0.021% | +0.0100% | 1h | $333K | $388K | 10x | as long as short |
| Bybit CLUSDT | +0.022% | 0.0000% | 8h | $25.3M | $93.4M | 150x | as long as short |
| Phoenix WTIOIL | +0.022% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Paradex CL-USD-PERP | +0.023% | +0.0030% | 8h | $15K | — | 5x | as long as short |
| Lighter WTI | +0.026% | −0.0024% | 1h | $11.1M | $12.1M | 20x | as long as short |
| Aster CLUSD1 | +0.033% | −0.0048% | 4h | $24.7M | $63.0M | 20x | as long as short |
| tradeXYZ xyz:CL | +0.044% | −0.0017% | 1h | $182.8M | $263.9M | 20x | as long as short |
| KuCoin CLUSDTM | +0.055% | +0.0100% | 4h | $7.6M | $863K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.057% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.066% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.066% | −0.0091% | 1h | $288K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | +0.070% | −0.0011% | 1h | $819K | $726K | 10x | as long as short |
| dYdX WTI-USD | +0.084% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Extended WTI-USD | +0.087% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| RISEx CL/USDC | +0.095% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| Vest CL-PERP | +0.131% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.164% | +0.0032% | 1h | $373K | $916K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.086% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |