data as of
Settings8H · net · $10k
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Price arb /

CL

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.141%
7d average+0.038%if it closes, per $10,000$14funding while held, a day+$1.01
Long on Ondo PerpsShort on tradeXYZ
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps WTI-USD.P91.9800.0014pay 0.0002% / 1h19m 43s$3.5M$5.3M20x
ShorttradeXYZ xyz:CL92.1100.0048get 0.0006% / 1h19m 43s$183.7M$250.8M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$14.13
Funding while held
$1.01
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$7.86
Spread needed to break even
0.230%
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 12 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0034%
Per $10,000 a day
+$1.01
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample—————
Sell tradeXYZ live order book, 12 min ago0.22 bp9.4 bp −$910.1 bp −$101doesn't fitdoesn'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.
gTrade (Gains Network)91.717cheapestParadex91.963+0.268%Pacifica91.969+0.275%
Ondo Perps91.980+0.287%
Vest91.980+0.287%RISEx91.990+0.298%ApeX Omni91.990+0.298%Coinbase International91.990+0.298%Polymarket Perps91.993+0.301%Kraken Futures91.995+0.303%Bullet91.999+0.307%Aevo92.000+0.308%QFEX92.000+0.309%GMX92.005+0.314%Nado92.011+0.321%SoDEX92.013+0.323%Gate92.020+0.330%Deribit92.030+0.341%dYdX92.053+0.367%KuCoin92.066+0.381%Variational Omni92.067+0.382%Extended92.080+0.396%Lighter92.082+0.398%Bitget92.083+0.399%Aster92.090+0.407%BloFin92.090+0.407%Bybit92.100+0.418%OKX92.100+0.418%
tradeXYZ92.110+0.428%
Binance92.110+0.428%Aftermath Perps92.138+0.459%StandX92.140+0.461%edgeX92.153+0.475%Phoenix92.240+0.570%Injective92.595+0.957%

CL on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) WTI/USD−0.286%L 0.0000% / S +0.0036%1h$4K—150xas long as short
Paradex CL-USD-PERP−0.019%+0.0043%8h$15K—5xas long as short
Pacifica CL−0.011%+0.0100%1h$346K$326K10xas long as short
Ondo Perps WTI-USD.Plong0.000%+0.0014%1h$3.5M$5.3M20x
Vest CL-PERP0.000%+0.0046%1h—$86K10xas long as short
RISEx CL/USDC+0.011%0.0000%1h$3.1M$2.0M20xas long as short
ApeX Omni CLUSDT+0.011%+0.0100%1h$55K$271K50xas long as short
Coinbase International WTIOIL-PERP-INTX+0.011%+0.0024%1h$377K$937K15xas long as short
Polymarket Perps WTIOIL-USD+0.014%+0.0050%1h$1.7M$1.5M20xas long as short
Kraken Futures PF_WTIOILUSD+0.016%−0.0001%1h$298K$1.2M25xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bullet WTIOIL-USD+0.020%0.0000%1h$19K$246K10xas long as short
Aevo WTIOIL-PERP+0.022%+0.0104%1h$4K$4910xas long as short
QFEX CL-USD+0.022%−0.0011%1h$2.3M$2.8M10xas long as short
GMX WTIOIL/USD [ETH-USDC]+0.027%L +0.0134% / S +0.0019%1h$77K—111xas long as short
Nado WTI-PERP+0.034%−0.0064%1h$795K$738K10xas long as short
SoDEX CL-USD+0.036%+0.0050%1h$2.0M$22K20xas long as short
Gate CL_USDT+0.043%−0.0085%8h$21.3M$57.4M100xas long as short
Deribit WTIOIL_USDC-PERPETUAL+0.054%0.0000%1h$97K$446K15xas long as short
dYdX WTI-USD+0.080%0.0000%1h$5K$1265xas long as short
KuCoin CLUSDTM+0.093%+0.0100%4h$7.4M$804K50xas long as short
Variational Omni CL+0.095%0.0000%4h$12.7M$17.3M—as long as short
Extended WTI-USD+0.109%+0.0032%1h$1.9M$30.1M10xas long as short
Lighter WTI+0.111%+0.0032%1h$11.0M$11.8M20xas long as short
Bitget CLUSDT+0.112%0.0000%4h$43.2M$57.4M100xas long as short
Aster CLUSD1+0.120%0.0000%4h$24.7M$61.6M20xas long as short
BloFin CL-USDT+0.120%+0.0240%4h$4.3M$1.4M50xas long as short
Bybit CLUSDT+0.130%0.0000%8h$25.0M$85.4M150xas long as short
OKX CL-USDT-SWAP+0.130%0.0000%4h$44.0M$99.9M50xas long as short
tradeXYZ xyz:CLshort+0.141%+0.0048%1h$183.7M$250.8M20x
Binance CLUSDT+0.141%0.0000%4h$247.4M$932.3M100xas long as short
Aftermath Perps WTIUSD+0.171%−0.0057%1h$2K$36K5xas long as short
StandX CL-USD+0.174%+0.0040%1h$726K$1.9M40xas long as short
edgeX CLUSDC+0.188%−0.0031%4h$528K$319K30xas long as short
Phoenix WTIOIL+0.283%0.0000%1h$36K$268K20xas long as short
Injective WTI/USDC PERP+0.669%+0.0220%1h$18K$32K30xas long as short