After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.032%7d average+0.033%fees + slippage, in and out−$24spread needed0.244%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CL | 91.211 | 0.0100 | pay 0.0013% / 1h | 2m 21s | $330K | $374K | 10x |
| Short | Deribit WTIOIL_USDC-PERPETUAL | 91.240 | 0 | get 0.0000% / 1h | 2m 21s | $95K | $475K | 15x |
Pacifica CL
Deribit WTIOIL_USDC-PERPETUALPrice 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
- $3.17
- Funding while held
- −$3
- Slippage, 4 orders
- −$9.4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$24.24
- Spread needed to break even
- 0.244%
Slippage from Pacifica: live order book, 42 min ago; Deribit: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Pacifica live order book, 42 min ago | 0.38 bp | 4.4 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 8 min ago | 0.55 bp | 10.5 bp −$11 | 11.4 bp −$114 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)90.952cheapestGate91.150+0.218%Bitget91.183+0.254%Ondo Perps91.190+0.262%OKX91.200+0.273%QFEX91.200+0.273%BloFin91.200+0.273%Aevo91.203+0.276%Bullet91.203+0.276%SoDEX91.203+0.276%GMX91.205+0.278%Paradex91.206+0.280%
gTrade (Gains Network)
Gate
Bitget
Ondo Perps
OKX
QFEX
BloFin
Aevo
Bullet
SoDEX
GMX
ParadexPacifica91.211+0.285%
KuCoin91.214+0.288%Lighter91.219+0.294%Binance91.220+0.295%StandX91.220+0.295%Phoenix91.220+0.295%tradeXYZ91.221+0.296%Bybit91.221+0.296%edgeX91.222+0.297%Polymarket Perps91.226+0.301%Aster91.230+0.306%Nado91.232+0.307%
KuCoin
Lighter
Binance
StandX
Phoenix
tradeXYZ
Bybit
Polymarket Perps
Aster
NadoDeribit91.240+0.317%
dYdX91.248+0.326%Extended91.260+0.339%Kraken Futures91.263+0.342%RISEx91.264+0.343%ApeX Omni91.270+0.350%Aftermath Perps91.273+0.352%Variational Omni91.278+0.359%Vest91.300+0.383%Coinbase International91.750+0.877%Injective92.595+1.806%
dYdX
Extended
Kraken Futures
RISEx
ApeX Omni
Variational Omni
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 | −0.284% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.067% | 0.0000% | 8h | $21.1M | $59.7M | 100x | as long as short |
| Bitget CLUSDT | −0.031% | 0.0000% | 4h | $42.5M | $61.3M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.023% | +0.0014% | 1h | $3.4M | $5.9M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.012% | 0.0000% | 4h | $43.3M | $106.2M | 50x | as long as short |
| QFEX CL-USD | −0.012% | −0.0016% | 1h | $2.4M | $2.9M | 10x | as long as short |
| BloFin CL-USDT | −0.012% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| Aevo WTIOIL-PERP | −0.009% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bullet WTIOIL-USD | −0.009% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| SoDEX CL-USD | −0.009% | +0.0050% | 1h | $2.0M | $41K | 20x | 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] | −0.007% | L +0.0220% / S −0.0144% | 1h | $84K | — | 111x | as long as short |
| Paradex CL-USD-PERP | −0.005% | +0.0038% | 8h | $15K | — | 5x | as long as short |
| Pacifica CLlong | 0.000% | +0.0100% | 1h | $330K | $374K | 10x | |
| KuCoin CLUSDTM | +0.003% | +0.0100% | 4h | $7.6M | $860K | 50x | as long as short |
| Lighter WTI | +0.009% | −0.0016% | 1h | $11.0M | $12.3M | 20x | as long as short |
| Binance CLUSDT | +0.010% | 0.0000% | 4h | $245.4M | $1.00B | 100x | as long as short |
| StandX CL-USD | +0.010% | +0.0040% | 1h | $717K | $2.2M | 40x | as long as short |
| Phoenix WTIOIL | +0.010% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| tradeXYZ xyz:CL | +0.011% | −0.0037% | 1h | $183.0M | $263.0M | 20x | as long as short |
| Bybit CLUSDT | +0.011% | 0.0000% | 8h | $25.0M | $93.0M | 150x | as long as short |
| edgeX CLUSDC | +0.012% | +0.0093% | 4h | $525K | $353K | 30x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.016% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
| Aster CLUSD1 | +0.021% | −0.0020% | 4h | $24.7M | $63.4M | 20x | as long as short |
| Nado WTI-PERP | +0.023% | +0.0016% | 1h | $814K | $727K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUALshort | +0.032% | 0.0000% | 1h | $95K | $475K | 15x | |
| dYdX WTI-USD | +0.041% | 0.0000% | 1h | $5K | $87 | 5x | as long as short |
| Extended WTI-USD | +0.054% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.057% | −0.0038% | 1h | $294K | $1.2M | 25x | as long as short |
| RISEx CL/USDC | +0.058% | 0.0000% | 1h | $3.0M | $2.5M | 20x | as long as short |
| ApeX Omni CLUSDT | +0.065% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.067% | −0.0077% | 1h | $2K | $36K | 5x | as long as short |
| Variational Omni CL | +0.074% | 0.0000% | 4h | $12.4M | $17.3M | — | as long as short |
| Vest CL-PERP | +0.097% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.591% | +0.0016% | 1h | $373K | $917K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.517% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |