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

CL

RWAall CL markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.255%
7d averageif it closes, per $10,000$25funding while held, a day−$4.07
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CL91.4600.0100pay 0.0013% / 1h53m 12s$330K$392K10x
ShortgTrade (Gains Network) WTI/USD91.227L 0.0000% / S +0.0036%pay 0.0004% / 1h53m 12s$4K150x

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
−$25.48
Funding while held
−$4.07
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Net
−$45.55
Spread needed to break even
0.160%
Slippage unknown: Pacifica: live order book, 52 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0136%
Per $10,000 a day
$4.07
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 Pacifica live order book, 52 min ago0.38 bp4.4 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) WTI/USDshort−0.255%L 0.0000% / S +0.0036%1h$4K150x
Gate CL_USDT−0.077%0.0000%8h$21.2M$59.3M100xas long as short
Ondo Perps WTI-USD.P−0.044%−0.0014%1h$3.4M$5.9M20xas long as short
Bullet WTIOIL-USD−0.020%0.0000%1h$18K$248K10xas long as short
Paradex CL-USD-PERP−0.015%+0.0037%8h$15K5xas long as short
Bitget CLUSDT−0.002%0.0000%4h$42.5M$61.4M100xas long as short
BloFin CL-USDT0.000%+0.0240%4h$4.1M$1.4M50xas long as short
Pacifica CLlong0.000%+0.0100%1h$330K$392K10x
Polymarket Perps WTIOIL-USD+0.008%+0.0050%1h$1.6M$1.4M20xas long as short
tradeXYZ xyz:CL+0.009%+0.0030%1h$182.7M$263.1M20xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster CLUSD1+0.011%−0.0029%4h$24.7M$62.7M20xas long as short
Aevo WTIOIL-PERP+0.014%+0.0104%1h$4K$4910xas long as short
Nado WTI-PERP+0.016%+0.0023%1h$816K$725K10xas long as short
GMX WTIOIL/USD [ETH-USDC]+0.016%L +0.0221% / S −0.0145%1h$84K111xas long as short
OKX CL-USDT-SWAP+0.022%0.0000%4h$43.5M$106.5M50xas long as short
QFEX CL-USD+0.022%−0.0025%1h$2.4M$2.9M10xas long as short
KuCoin CLUSDTM+0.025%+0.0100%4h$7.6M$853K50xas long as short
Lighter WTI+0.028%0.0000%1h$11.0M$12.1M20xas long as short
Aftermath Perps WTIUSD+0.032%−0.0074%1h$1K$36K5xas long as short
Binance CLUSDT+0.033%0.0000%4h$245.2M$1.00B100xas long as short
dYdX WTI-USD+0.034%0.0000%1h$5K$495xas long as short
SoDEX CL-USD+0.036%+0.0050%1h$2.0M$41K20xas long as short
Extended WTI-USD+0.044%+0.0032%1h$2.0M$30.4M10xas long as short
StandX CL-USD+0.044%+0.0040%1h$719K$2.3M40xas long as short
Bybit CLUSDT+0.055%0.0000%8h$25.3M$93.4M150xas long as short
RISEx CL/USDC+0.056%0.0000%1h$3.0M$2.5M20xas long as short
Variational Omni CL+0.065%0.0000%4h$12.5M$17.2Mas long as short
Kraken Futures PF_WTIOILUSD+0.065%−0.0091%1h$289K$1.2M25xas long as short
Phoenix WTIOIL+0.066%0.0000%1h$33K$271K20xas long as short
Deribit WTIOIL_USDC-PERPETUAL+0.076%0.0000%1h$95K$478K15xas long as short
ApeX Omni CLUSDT+0.087%+0.0100%1h$55K$272K50xas long as short
Vest CL-PERP+0.098%+0.0046%1h$243K10xas long as short
edgeX CLUSDC+0.119%+0.0056%4h$527K$352K30xas long as short
Coinbase International WTIOIL-PERP-INTX+0.317%+0.0032%1h$373K$917K15xas long as short
Injective WTI/USDC PERP+1.241%+0.0033%1h$18K$14K30xas long as short