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)−0.014%
7d average−0.018%if it closes, per $10,000$1funding while held, a day−$3.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CL92.1130.0100pay 0.0013% / 1h5m 26s$354K$339K10x
ShortVariational Omni CL92.1010get 0.0000% / 4h5m 26s$12.6M$17.2M

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
−$1.35
Funding while held
−$3
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.35
Spread needed to break even
0.080%
Slippage unknown: Pacifica: live order book, 44 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 44 min ago0.43 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now2.27 bpdoesn't fit2.7 bp −$276.8 bp −$678doesn't fit

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
Coinbase International WTIOIL-PERP-INTX−0.373%+0.0024%1h$376K$937K15xas long as short
gTrade (Gains Network) WTI/USD−0.311%L 0.0000% / S +0.0036%1h$4K150xas long as short
StandX CL-USD−0.308%+0.0040%1h$724K$2.0M40xas long as short
BloFin CL-USDT−0.177%+0.0240%4h$4.2M$1.4M50xas long as short
edgeX CLUSDC−0.126%−0.0064%4h$527K$323K30xas long as short
ApeX Omni CLUSDT−0.101%+0.0100%1h$55K$271K50xas long as short
Phoenix WTIOIL−0.101%0.0000%1h$36K$268K20xas long as short
Gate CL_USDT−0.047%−0.0075%8h$21.4M$57.9M100xas long as short
QFEX CL-USD−0.025%−0.0011%1h$2.3M$2.8M10xas long as short
Vest CL-PERP−0.025%+0.0046%1h$86K10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter WTI−0.023%+0.0032%1h$11.0M$12.0M20xas long as short
Variational Omni CLshort−0.014%0.0000%4h$12.6M$17.2M
Paradex CL-USD-PERP−0.013%+0.0044%8h$15K5xas long as short
Bitget CLUSDT−0.005%0.0000%4h$43.2M$58.1M100xas long as short
Aster CLUSD1−0.004%0.0000%4h$24.7M$61.9M20xas long as short
Ondo Perps WTI-USD.P−0.004%+0.0044%1h$3.5M$5.5M20xas long as short
Nado WTI-PERP−0.003%−0.0064%1h$779K$752K10xas long as short
Aevo WTIOIL-PERP−0.003%+0.0104%1h$4K$4910xas long as short
Pacifica CLlong0.000%+0.0100%1h$354K$339K10x
Aftermath Perps WTIUSD+0.001%−0.0063%1h$1K$36K5xas long as short
GMX WTIOIL/USD [ETH-USDC]+0.002%L +0.0133% / S +0.0019%1h$77K111xas long as short
SoDEX CL-USD+0.002%+0.0050%1h$2.0M$27K20xas long as short
Bullet WTIOIL-USD+0.003%0.0000%1h$19K$246K10xas long as short
RISEx CL/USDC+0.005%0.0000%1h$3.1M$2.3M20xas long as short
Binance CLUSDT+0.007%0.0000%4h$249.2M$947.7M100xas long as short
tradeXYZ xyz:CL+0.015%+0.0037%1h$184.2M$253.4M20xas long as short
Bybit CLUSDT+0.015%0.0000%8h$25.0M$87.4M150xas long as short
OKX CL-USDT-SWAP+0.018%0.0000%4h$44.0M$101.6M50xas long as short
dYdX WTI-USD+0.022%0.0000%1h$5K$1265xas long as short
Polymarket Perps WTIOIL-USD+0.024%+0.0050%1h$1.7M$1.5M20xas long as short
Deribit WTIOIL_USDC-PERPETUAL+0.029%0.0000%1h$97K$450K15xas long as short
Extended WTI-USD+0.040%+0.0032%1h$2.0M$30.4M10xas long as short
KuCoin CLUSDTM+0.044%+0.0100%4h$7.4M$811K50xas long as short
Kraken Futures PF_WTIOILUSD+0.046%−0.0001%1h$301K$1.2M25xas long as short
Injective WTI/USDC PERP+0.523%+0.0220%1h$18K$32K30xas long as short