Spread before costs (cost unknown: a leg has no order-book sample)−0.287%
7d average—if it closes, per $10,000$29funding while held, a day−$2.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex CL-USD-PERP | 91.650 | 0.0040 | pay 0.0040% / 8h | 7h 34m | $15K | — | 5x |
| Short | gTrade (Gains Network) WTI/USD | 91.387 | L 0.0000% / S +0.0036% | pay 0.0004% / 1h | 34m 13s | $4K | — | 150x |
Paradex CL-USD-PERP
gTrade (Gains Network) WTI/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
- −$28.67
- Funding while held
- −$2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Net
- −$42.93
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0075%
- Per $10,000 a day
- −$2.26
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Paradex and 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.edgeX91.328cheapest
gTrade (Gains Network)91.387+0.064%
Variational Omni91.392+0.070%ApeX Omni91.460+0.144%StandX91.510+0.199%Aftermath Perps91.523+0.213%Nado91.559+0.252%Phoenix91.590+0.287%BloFin91.590+0.287%Ondo Perps91.610+0.308%Vest91.610+0.308%Gate91.620+0.319%dYdX91.633+0.333%Bitget91.636+0.337%QFEX91.640+0.341%
Variational Omni
ApeX Omni
StandX
Nado
Phoenix
BloFin
Ondo Perps
Vest
Gate
dYdX
Bitget
QFEXParadex91.650+0.352%
Pacifica91.652+0.355%Aevo91.653+0.355%GMX91.655+0.358%SoDEX91.655+0.358%Lighter91.660+0.363%Bullet91.660+0.363%KuCoin91.665+0.369%Polymarket Perps91.665+0.369%Binance91.670+0.374%Aster91.680+0.385%OKX91.680+0.385%tradeXYZ91.684+0.389%Bybit91.688+0.394%Deribit91.690+0.396%Kraken Futures91.707+0.414%Extended91.710+0.418%RISEx91.723+0.432%Coinbase International91.750+0.462%Injective92.595+1.387%
Pacifica
Aevo
GMX
SoDEX
Lighter
Bullet
KuCoin
Polymarket Perps
Binance
Aster
OKX
tradeXYZ
Bybit
Deribit
Kraken Futures
Extended
RISEx
Coinbase International
InjectiveCL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX CLUSDC | −0.351% | −0.0057% | 4h | $516K | $336K | 30x | as long as short |
| gTrade (Gains Network) WTI/USDshort | −0.287% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | |
| Variational Omni CL | −0.281% | 0.0000% | 4h | $12.4M | $17.3M | — | as long as short |
| ApeX Omni CLUSDT | −0.207% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| StandX CL-USD | −0.152% | +0.0040% | 1h | $721K | $2.1M | 40x | as long as short |
| Aftermath Perps WTIUSD | −0.139% | −0.0061% | 1h | $2K | $36K | 5x | as long as short |
| Nado WTI-PERP | −0.099% | −0.0011% | 1h | $811K | $766K | 10x | as long as short |
| Phoenix WTIOIL | −0.065% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| BloFin CL-USDT | −0.065% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.043% | +0.0050% | 1h | $3.4M | $5.8M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CL-PERP | −0.043% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Gate CL_USDT | −0.032% | 0.0000% | 8h | $21.1M | $58.2M | 100x | as long as short |
| dYdX WTI-USD | −0.019% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Bitget CLUSDT | −0.015% | 0.0000% | 4h | $43.1M | $60.0M | 100x | as long as short |
| QFEX CL-USD | −0.011% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Paradex CL-USD-PERPlong | 0.000% | +0.0040% | 8h | $15K | — | 5x | |
| Pacifica CL | +0.003% | +0.0100% | 1h | $346K | $345K | 10x | as long as short |
| Aevo WTIOIL-PERP | +0.003% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.006% | L +0.0134% / S +0.0018% | 1h | $77K | — | 111x | as long as short |
| SoDEX CL-USD | +0.006% | +0.0050% | 1h | $2.0M | $40K | 20x | as long as short |
| Lighter WTI | +0.011% | −0.0024% | 1h | $11.0M | $12.0M | 20x | as long as short |
| Bullet WTIOIL-USD | +0.011% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| KuCoin CLUSDTM | +0.017% | +0.0100% | 4h | $7.5M | $858K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.017% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Binance CLUSDT | +0.022% | 0.0000% | 4h | $245.5M | $987.8M | 100x | as long as short |
| Aster CLUSD1 | +0.033% | 0.0000% | 4h | $24.8M | $63.0M | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.033% | 0.0000% | 4h | $43.4M | $104.9M | 50x | as long as short |
| tradeXYZ xyz:CL | +0.037% | −0.0017% | 1h | $183.0M | $258.9M | 20x | as long as short |
| Bybit CLUSDT | +0.042% | 0.0000% | 8h | $25.1M | $91.7M | 150x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.044% | 0.0000% | 1h | $96K | $461K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.062% | −0.0038% | 1h | $296K | $1.2M | 25x | as long as short |
| Extended WTI-USD | +0.066% | +0.0032% | 1h | $2.0M | $30.6M | 10x | as long as short |
| RISEx CL/USDC | +0.080% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.109% | +0.0016% | 1h | $373K | $941K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.031% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |