After costs, if the gap returns to its 7d average, $10k−$32
spread now−0.023%7d average+0.013%fees + slippage, in and out−$28spread needed0.280%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CL | 91.901 | 0.0100 | pay 0.0013% / 1h | 31m 53s | $343K | $310K | 10x |
| Short | QFEX CL-USD | 91.880 | −0.0015 | pay 0.0002% / 1h | 31m 53s | $2.3M | $2.7M | 10x |
Pacifica CL
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
- −$2.29
- Funding while held
- −$3.46
- Slippage, 4 orders
- −$9.99
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.74
- Spread needed to break even
- 0.280%
Slippage from Pacifica: live order book, 23 min ago; QFEX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0115%
- Per $10,000 a day
- −$3.46
- 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, 23 min ago | 2.05 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.63 bp | 7.4 bp −$7 | 7.7 bp −$77 | 9.1 bp −$911 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.529cheapestGate91.760+0.252%Bybit91.794+0.290%Bitget91.802+0.298%tradeXYZ91.806+0.303%Lighter91.806+0.303%Binance91.810+0.307%SoDEX91.810+0.307%OKX91.820+0.318%Aevo91.826+0.324%Aster91.830+0.329%KuCoin91.833+0.332%GMX91.835+0.334%Extended91.840+0.340%Deribit91.840+0.340%Ondo Perps91.860+0.362%Kraken Futures91.866+0.368%Vest91.870+0.373%Bullet91.875+0.378%
gTrade (Gains Network)
Gate
Bybit
Bitget
tradeXYZ
Lighter
Binance
SoDEX
OKX
Aevo
Aster
KuCoin
GMX
Extended
Deribit
Ondo Perps
Kraken Futures
Vest
BulletQFEX91.880+0.383%
Paradex91.892+0.396%
ParadexPacifica91.901+0.406%
Polymarket Perps91.911+0.417%dYdX91.913+0.420%BloFin91.930+0.438%Variational Omni91.942+0.452%Nado91.954+0.464%StandX91.970+0.482%RISEx91.983+0.495%edgeX92.018+0.534%Phoenix92.040+0.558%Aftermath Perps92.044+0.563%ApeX Omni92.060+0.580%Coinbase International92.130+0.657%Injective92.595+1.165%
Polymarket Perps
dYdX
BloFin
Variational Omni
Nado
StandX
RISEx
Phoenix
ApeX Omni
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 | −0.405% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.153% | −0.0145% | 8h | $21.3M | $56.0M | 100x | as long as short |
| Bybit CLUSDT | −0.116% | 0.0000% | 8h | $23.9M | $80.3M | 150x | as long as short |
| Bitget CLUSDT | −0.108% | 0.0000% | 4h | $42.6M | $55.9M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.103% | +0.0016% | 1h | $182.0M | $237.6M | 20x | as long as short |
| Lighter WTI | −0.103% | +0.0032% | 1h | $11.0M | $11.6M | 20x | as long as short |
| Binance CLUSDT | −0.099% | 0.0000% | 4h | $253.4M | $863.7M | 100x | as long as short |
| SoDEX CL-USD | −0.099% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.088% | 0.0000% | 4h | $44.5M | $93.8M | 50x | as long as short |
| Aevo WTIOIL-PERP | −0.082% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CLUSD1 | −0.077% | −0.0022% | 4h | $24.6M | $59.9M | 20x | as long as short |
| KuCoin CLUSDTM | −0.074% | +0.0100% | 4h | $7.4M | $802K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.072% | L +0.0137% / S +0.0042% | 1h | $77K | — | 111x | as long as short |
| Extended WTI-USD | −0.066% | +0.0032% | 1h | $1.8M | $30.1M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.066% | −0.0077% | 1h | $96K | $454K | 15x | as long as short |
| Ondo Perps WTI-USD.P | −0.045% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.038% | +0.0058% | 1h | $361K | $1.0M | 25x | as long as short |
| Vest CL-PERP | −0.034% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Bullet WTIOIL-USD | −0.028% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| QFEX CL-USDshort | −0.023% | −0.0015% | 1h | $2.3M | $2.7M | 10x | |
| Paradex CL-USD-PERP | −0.010% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Pacifica CLlong | 0.000% | +0.0100% | 1h | $343K | $310K | 10x | |
| Polymarket Perps WTIOIL-USD | +0.011% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| dYdX WTI-USD | +0.013% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| BloFin CL-USDT | +0.032% | +0.0240% | 4h | $4.3M | $1.3M | 50x | as long as short |
| Variational Omni CL | +0.045% | 0.0000% | 4h | $12.5M | $16.9M | — | as long as short |
| Nado WTI-PERP | +0.057% | −0.0055% | 1h | $809K | $700K | 10x | as long as short |
| StandX CL-USD | +0.075% | +0.0040% | 1h | $728K | $1.6M | 40x | as long as short |
| RISEx CL/USDC | +0.089% | 0.0000% | 1h | $3.0M | $1.1M | 20x | as long as short |
| edgeX CLUSDC | +0.127% | −0.0056% | 4h | $527K | $319K | 30x | as long as short |
| Phoenix WTIOIL | +0.151% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.156% | −0.0087% | 1h | $1K | $38K | 5x | as long as short |
| ApeX Omni CLUSDT | +0.173% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.249% | +0.0024% | 1h | $395K | $909K | 15x | as long as short |
| Injective WTI/USDC PERP | +0.755% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |