After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.028%7d average−0.028%fees + slippage, in and out−$28spread needed0.280%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WTIOIL-USD | 92.384 | 0.0050 | pay 0.0006% / 1h | 36m 11s | $1.7M | $1.5M | 20x |
| Short | Bullet WTIOIL-USD | 92.358 | 0 | get 0.0000% / 1h | 36m 11s | $18K | $247K | 10x |
Polymarket Perps WTIOIL-USD
Bullet WTIOIL-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
- −$2.79
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$12.05
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$32.34
- Spread needed to break even
- 0.280%
Slippage from Polymarket Perps: live order book, 4 min ago; Bullet: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 Polymarket Perps live order book, 4 min ago | 2.55 bp | 8.6 bp −$9 | 9.5 bp −$95 | 13.2 bp −$1,319 | doesn't fit |
| Sell Bullet live order book, 14 min ago | 0.54 bp | 6.5 bp −$7 | 17.7 bp −$177 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.060cheapestVariational Omni92.066+0.007%edgeX92.084+0.026%Phoenix92.120+0.065%Coinbase International92.240+0.196%Aftermath Perps92.281+0.240%Gate92.300+0.261%Lighter92.320+0.282%Vest92.320+0.282%Bybit92.327+0.290%OKX92.330+0.293%ApeX Omni92.330+0.293%SoDEX92.330+0.293%Aevo92.339+0.303%Bitget92.339+0.303%Binance92.340+0.304%Ondo Perps92.340+0.304%BloFin92.340+0.304%QFEX92.350+0.315%StandX92.350+0.315%Deribit92.350+0.315%Nado92.354+0.320%Aster92.357+0.322%
gTrade (Gains Network)
Variational Omni
Phoenix
Coinbase International
Gate
Lighter
Vest
Bybit
OKX
ApeX Omni
SoDEX
Aevo
Bitget
Binance
Ondo Perps
BloFin
QFEX
StandX
Deribit
Nado
AsterBullet92.358+0.324%
tradeXYZ92.365+0.331%GMX92.365+0.331%KuCoin92.366+0.332%Kraken Futures92.366+0.333%Paradex92.367+0.334%Pacifica92.378+0.345%Extended92.380+0.348%
tradeXYZ
GMX
KuCoin
Kraken Futures
Paradex
Pacifica
ExtendedPolymarket Perps92.384+0.352%
dYdX92.409+0.379%RISEx92.414+0.384%Injective92.595+0.581%
dYdX
RISEx
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 | −0.351% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Variational Omni CL | −0.344% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| edgeX CLUSDC | −0.325% | −0.0060% | 4h | $527K | $319K | 30x | as long as short |
| Phoenix WTIOIL | −0.286% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.156% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| Aftermath Perps WTIUSD | −0.111% | −0.0061% | 1h | $2K | $37K | 5x | as long as short |
| Gate CL_USDT | −0.091% | −0.0090% | 8h | $21.3M | $56.9M | 100x | as long as short |
| Lighter WTI | −0.069% | +0.0032% | 1h | $11.0M | $11.7M | 20x | as long as short |
| Vest CL-PERP | −0.069% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Bybit CLUSDT | −0.062% | 0.0000% | 8h | $24.9M | $84.1M | 150x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.058% | 0.0000% | 4h | $44.1M | $99.4M | 50x | as long as short |
| ApeX Omni CLUSDT | −0.058% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| SoDEX CL-USD | −0.058% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.049% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bitget CLUSDT | −0.049% | 0.0000% | 4h | $43.2M | $56.9M | 100x | as long as short |
| Binance CLUSDT | −0.048% | 0.0000% | 4h | $251.8M | $914.8M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.048% | +0.0017% | 1h | $3.4M | $5.1M | 20x | as long as short |
| BloFin CL-USDT | −0.048% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| QFEX CL-USD | −0.037% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| StandX CL-USD | −0.037% | +0.0040% | 1h | $728K | $1.9M | 40x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.037% | 0.0000% | 1h | $97K | $467K | 15x | as long as short |
| Nado WTI-PERP | −0.032% | −0.0090% | 1h | $795K | $734K | 10x | as long as short |
| Aster CLUSD1 | −0.030% | 0.0000% | 4h | $24.9M | $61.2M | 20x | as long as short |
| Bullet WTIOIL-USDshort | −0.028% | 0.0000% | 1h | $18K | $247K | 10x | |
| tradeXYZ xyz:CL | −0.021% | +0.0050% | 1h | $185.6M | $248.4M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.021% | L +0.0134% / S +0.0018% | 1h | $78K | — | 111x | as long as short |
| KuCoin CLUSDTM | −0.019% | +0.0100% | 4h | $7.4M | $799K | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.019% | −0.0001% | 1h | $290K | $1.2M | 25x | as long as short |
| Paradex CL-USD-PERP | −0.018% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Pacifica CL | −0.007% | +0.0100% | 1h | $349K | $318K | 10x | as long as short |
| Extended WTI-USD | −0.004% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Polymarket Perps WTIOIL-USDlong | 0.000% | +0.0050% | 1h | $1.7M | $1.5M | 20x | |
| dYdX WTI-USD | +0.027% | 0.0000% | 1h | $6K | $126 | 5x | as long as short |
| RISEx CL/USDC | +0.032% | 0.0000% | 1h | $3.1M | $1.8M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.228% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |