After costs, if the gap returns to its 7d average, $10k−$51
spread now−0.270%7d average−0.055%fees + slippage, in and out−$30spread needed0.298%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix WTIOIL | 92.370 | 0.0009 | pay 0.0001% / 1h | 26m 46s | $33K | $271K | 20x |
| Short | Pacifica CL | 92.121 | 0.0100 | get 0.0013% / 1h | 26m 46s | $317K | $524K | 10x |
Phoenix WTIOIL
Pacifica CLPrice 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
- −$26.96
- Funding while held
- $2.74
- Slippage, 4 orders
- −$14.77
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$53.99
- Spread needed to break even
- 0.298%
Slippage from Phoenix: live order book, 38 min ago; Pacifica: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0091%
- Per $10,000 a day
- +$2.74
- 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 Phoenix live order book, 38 min ago | 3.26 bp | 10.0 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 8 min ago | 0.05 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.895cheapestGate92.060+0.180%Paradex92.089+0.211%Binance92.100+0.223%OKX92.100+0.223%Ondo Perps92.100+0.223%Lighter92.101+0.224%Bybit92.110+0.234%Bitget92.112+0.236%
gTrade (Gains Network)
Gate
Paradex
Binance
OKX
Ondo Perps
Lighter
Bybit
BitgetPacifica92.121+0.246%
Aster92.130+0.256%SoDEX92.155+0.283%tradeXYZ92.156+0.284%KuCoin92.158+0.286%GMX92.165+0.294%Aevo92.171+0.300%Kraken Futures92.175+0.304%Bullet92.175+0.305%Extended92.190+0.321%Deribit92.190+0.321%Polymarket Perps92.205+0.337%QFEX92.210+0.343%StandX92.210+0.343%BloFin92.230+0.365%dYdX92.236+0.371%Vest92.280+0.419%RISEx92.311+0.452%Nado92.321+0.463%Aftermath Perps92.325+0.468%Coinbase International92.340+0.484%Variational Omni92.349+0.494%ApeX Omni92.350+0.495%edgeX92.353+0.499%
Aster
SoDEX
tradeXYZ
KuCoin
GMX
Aevo
Kraken Futures
Bullet
Extended
Deribit
Polymarket Perps
QFEX
StandX
BloFin
dYdX
Vest
RISEx
Nado
Coinbase International
Variational Omni
ApeX OmniPhoenix92.370+0.517%
Injective92.595+0.762%
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 | −0.514% | L −0.0903% / S +0.0036% | 1h | $96K | — | 150x | as long as short |
| Gate CL_USDT | −0.336% | 0.0000% | 8h | $21.1M | $61.5M | 100x | as long as short |
| Paradex CL-USD-PERP | −0.304% | +0.0036% | 8h | $15K | $367 | 5x | as long as short |
| Binance CLUSDT | −0.292% | −0.0049% | 4h | $244.1M | $1.03B | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.292% | 0.0000% | 4h | $43.3M | $111.0M | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.292% | −0.0011% | 1h | $3.4M | $6.2M | 20x | as long as short |
| Lighter WTI | −0.291% | +0.0016% | 1h | $11.2M | $12.7M | 20x | as long as short |
| Bybit CLUSDT | −0.281% | 0.0000% | 8h | $25.2M | $95.1M | 150x | as long as short |
| Bitget CLUSDT | −0.279% | 0.0000% | 4h | $42.4M | $63.1M | 100x | as long as short |
| Pacifica CLshort | −0.270% | +0.0100% | 1h | $317K | $524K | 10x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CLUSD1 | −0.260% | −0.0092% | 4h | $25.0M | $70.3M | 20x | as long as short |
| SoDEX CL-USD | −0.233% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| tradeXYZ xyz:CL | −0.232% | +0.0050% | 1h | $187.4M | $280.5M | 20x | as long as short |
| KuCoin CLUSDTM | −0.230% | +0.0100% | 4h | $7.8M | $983K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.222% | L +0.0131% / S +0.0030% | 1h | $79K | — | 111x | as long as short |
| Aevo WTIOIL-PERP | −0.215% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.212% | +0.0065% | 1h | $258K | $1.3M | 25x | as long as short |
| Bullet WTIOIL-USD | −0.211% | 0.0000% | 1h | $19K | $248K | 10x | as long as short |
| Extended WTI-USD | −0.195% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.195% | 0.0000% | 1h | $96K | $470K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.179% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| QFEX CL-USD | −0.173% | −0.0022% | 1h | $2.4M | $2.9M | 10x | as long as short |
| StandX CL-USD | −0.173% | +0.0040% | 1h | $726K | $2.4M | 40x | as long as short |
| BloFin CL-USDT | −0.152% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| dYdX WTI-USD | −0.145% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| Vest CL-PERP | −0.097% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| RISEx CL/USDC | −0.064% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Nado WTI-PERP | −0.053% | +0.0004% | 1h | $827K | $734K | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.048% | −0.0071% | 1h | $2K | $34K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.032% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| Variational Omni CL | −0.023% | −0.0026% | 4h | $13.4M | $17.1M | — | as long as short |
| ApeX Omni CLUSDT | −0.022% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| edgeX CLUSDC | −0.018% | +0.0038% | 4h | $531K | $351K | 30x | as long as short |
| Phoenix WTIOILlong | 0.000% | +0.0009% | 1h | $33K | $271K | 20x | |
| Injective WTI/USDC PERP | +0.244% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |