After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.166%7d average−0.047%fees + slippage, in and out−$36spread needed0.359%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WTIOIL-USD | 91.812 | 0.0050 | pay 0.0006% / 1h | 50m 36s | $1.7M | $1.5M | 20x |
| Short | Gate CL_USDT | 91.660 | 0 | get 0.0000% / 8h | 7h 50m | $21.2M | $57.5M | 100x |
Polymarket Perps WTIOIL-USD
Gate CL_USDTPrice 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
- −$16.56
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$12.93
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$53.98
- Spread needed to break even
- 0.359%
Slippage from Polymarket Perps: live order book, 4 min ago; Gate: live order book, 5 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 | 2.23 bp | 8.0 bp −$8 | 10.1 bp −$101 | 14.0 bp −$1,402 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.54 bp | 9.8 bp −$10 | 14.0 bp −$140 | 29.4 bp −$2,936 | 35.6 bp −$17.8K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.470cheapestSoDEX91.635+0.180%
gTrade (Gains Network)
SoDEXGate91.660+0.208%
StandX91.660+0.208%Coinbase International91.670+0.219%Bybit91.681+0.231%Pacifica91.688+0.238%Binance91.690+0.241%Ondo Perps91.690+0.241%BloFin91.690+0.241%OKX91.700+0.251%Paradex91.703+0.255%Bitget91.703+0.255%QFEX91.710+0.262%Lighter91.715+0.268%Aster91.720+0.273%KuCoin91.720+0.273%GMX91.725+0.279%tradeXYZ91.729+0.283%Variational Omni91.733+0.287%Bullet91.742+0.297%Aevo91.743+0.298%Kraken Futures91.752+0.308%Extended91.760+0.317%RISEx91.779+0.338%dYdX91.779+0.338%Vest91.780+0.339%Deribit91.780+0.339%
StandX
Coinbase International
Bybit
Pacifica
Binance
Ondo Perps
BloFin
OKX
Paradex
Bitget
QFEX
Lighter
Aster
KuCoin
GMX
tradeXYZ
Variational Omni
Bullet
Aevo
Kraken Futures
Extended
RISEx
dYdX
Vest
DeribitPolymarket Perps91.812+0.374%
Nado91.825+0.388%Phoenix91.920+0.492%edgeX91.965+0.541%Aftermath Perps91.982+0.560%ApeX Omni92.010+0.590%Injective92.595+1.230%
Nado
Phoenix
ApeX Omni
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 | −0.373% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| SoDEX CL-USD | −0.193% | +0.0050% | 1h | $2.0M | $31K | 20x | as long as short |
| Gate CL_USDTshort | −0.166% | 0.0000% | 8h | $21.2M | $57.5M | 100x | |
| StandX CL-USD | −0.166% | −0.0141% | 1h | $723K | $2.1M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.155% | +0.0016% | 1h | $376K | $937K | 15x | as long as short |
| Bybit CLUSDT | −0.143% | 0.0000% | 8h | $25.2M | $89.2M | 150x | as long as short |
| Pacifica CL | −0.135% | +0.0100% | 1h | $348K | $342K | 10x | as long as short |
| Binance CLUSDT | −0.133% | 0.0000% | 4h | $247.9M | $965.8M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.133% | +0.0050% | 1h | $3.4M | $5.7M | 20x | as long as short |
| BloFin CL-USDT | −0.133% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.122% | 0.0000% | 4h | $43.9M | $102.5M | 50x | as long as short |
| Paradex CL-USD-PERP | −0.119% | +0.0042% | 8h | $15K | — | 5x | as long as short |
| Bitget CLUSDT | −0.119% | 0.0000% | 4h | $42.9M | $58.8M | 100x | as long as short |
| QFEX CL-USD | −0.111% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Lighter WTI | −0.106% | −0.0048% | 1h | $11.0M | $11.9M | 20x | as long as short |
| Aster CLUSD1 | −0.100% | 0.0000% | 4h | $24.8M | $62.5M | 20x | as long as short |
| KuCoin CLUSDTM | −0.100% | +0.0100% | 4h | $7.4M | $825K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.095% | L +0.0133% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| tradeXYZ xyz:CL | −0.090% | −0.0010% | 1h | $183.4M | $256.2M | 20x | as long as short |
| Variational Omni CL | −0.086% | 0.0000% | 4h | $12.6M | $17.2M | — | as long as short |
| Bullet WTIOIL-USD | −0.076% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.075% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.066% | −0.0038% | 1h | $300K | $1.2M | 25x | as long as short |
| Extended WTI-USD | −0.057% | +0.0032% | 1h | $2.1M | $30.4M | 10x | as long as short |
| RISEx CL/USDC | −0.036% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| dYdX WTI-USD | −0.036% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Vest CL-PERP | −0.035% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.035% | −0.0077% | 1h | $96K | $455K | 15x | as long as short |
| Polymarket Perps WTIOIL-USDlong | 0.000% | +0.0050% | 1h | $1.7M | $1.5M | 20x | |
| Nado WTI-PERP | +0.014% | +0.0002% | 1h | $798K | $765K | 10x | as long as short |
| Phoenix WTIOIL | +0.118% | +0.0035% | 1h | $36K | $267K | 20x | as long as short |
| edgeX CLUSDC | +0.166% | −0.0037% | 4h | $526K | $330K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.186% | −0.0054% | 1h | $2K | $36K | 5x | as long as short |
| ApeX Omni CLUSDT | +0.216% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.853% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |