Spread before costs (cost unknown: a leg has no order-book sample)+0.062%
7d average+0.025%if it closes, per $10,000$6funding while held, a day+$0.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 92.130 | 0.0018 | pay 0.0002% / 1h | 23m 22s | $3.4M | $5.2M | 20x |
| Short | SoDEX CL-USD | 92.187 | 0.0050 | get 0.0006% / 1h | 23m 22s | $2.0M | $22K | 20x |
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
- $6.19
- Funding while held
- $0.95
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$5.87
- Spread needed to break even
- 0.130%
Slippage unknown: Ondo Perps: no order-book sample; SoDEX: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.95
- 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 SoDEX live order book, 2 min ago | 1.03 bp | 19.3 bp −$19 | 85.6 bp −$856 | doesn't fit | doesn't fit |
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.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/USD | −0.309% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.043% | −0.0083% | 8h | $21.3M | $57.2M | 100x | as long as short |
| Vest CL-PERP | −0.022% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.012% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Bitget CLUSDT | −0.011% | 0.0000% | 4h | $43.2M | $57.2M | 100x | as long as short |
| Ondo Perps WTI-USD.Plong | 0.000% | +0.0018% | 1h | $3.4M | $5.2M | 20x | |
| BloFin CL-USDT | 0.000% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Lighter WTI | +0.007% | +0.0032% | 1h | $11.0M | $11.8M | 20x | as long as short |
| Aster CLUSD1 | +0.011% | 0.0000% | 4h | $24.8M | $61.3M | 20x | as long as short |
| Bybit CLUSDT | +0.011% | 0.0000% | 8h | $24.8M | $85.0M | 150x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | +0.011% | 0.0000% | 4h | $44.1M | $99.5M | 50x | as long as short |
| tradeXYZ xyz:CL | +0.012% | +0.0050% | 1h | $184.2M | $249.8M | 20x | as long as short |
| Pacifica CL | +0.012% | +0.0100% | 1h | $347K | $326K | 10x | as long as short |
| Bullet WTIOIL-USD | +0.015% | 0.0000% | 1h | $18K | $246K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.016% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.016% | L +0.0134% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| Extended WTI-USD | +0.022% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Binance CLUSDT | +0.022% | 0.0000% | 4h | $247.5M | $923.8M | 100x | as long as short |
| QFEX CL-USD | +0.022% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.022% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| StandX CL-USD | +0.022% | +0.0040% | 1h | $726K | $1.9M | 40x | as long as short |
| edgeX CLUSDC | +0.025% | −0.0031% | 4h | $528K | $319K | 30x | as long as short |
| RISEx CL/USDC | +0.026% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Variational Omni CL | +0.029% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| KuCoin CLUSDTM | +0.039% | +0.0100% | 4h | $7.4M | $803K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.049% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USDshort | +0.062% | +0.0050% | 1h | $2.0M | $22K | 20x | |
| Kraken Futures PF_WTIOILUSD | +0.078% | −0.0001% | 1h | $292K | $1.2M | 25x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.087% | 0.0000% | 1h | $97K | $445K | 15x | as long as short |
| dYdX WTI-USD | +0.087% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Nado WTI-PERP | +0.088% | −0.0068% | 1h | $797K | $736K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.098% | +0.0024% | 1h | $379K | $931K | 15x | as long as short |
| Aftermath Perps WTIUSD | +0.106% | −0.0056% | 1h | $1K | $36K | 5x | as long as short |
| Phoenix WTIOIL | +0.119% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Injective WTI/USDC PERP | +0.505% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |
SoDEX CL-USD
gTrade (Gains Network)
Gate
Paradex
Bitget
BloFin
Lighter
Aster
Bybit
OKX
tradeXYZ
Pacifica
Bullet
Polymarket Perps
GMX
Extended
Binance
ApeX Omni
StandX
RISEx
Variational Omni
KuCoin
Kraken Futures
Deribit
Coinbase International
Phoenix
Injective