Spread before costs (cost unknown: a leg has no order-book sample)+0.470%
7d average—if it closes, per $10,000$47funding while held, a day−$0.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WTIOIL-USD | 92.162 | 0.0050 | pay 0.0006% / 1h | 3m 15s | $1.6M | $1.3M | 20x |
| Short | Injective WTI/USDC PERP | 92.595 | 0.0033 | get 0.0004% / 1h | 3m 15s | $18K | $14K | 30x |
Polymarket Perps WTIOIL-USD
Injective WTI/USDC PERPPrice 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
- $46.98
- Funding while held
- −$0.5
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $38.46
- Spread needed to break even
- 0.080%
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0017%
- Per $10,000 a day
- −$0.50
- 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, 2 min ago | 2.23 bp | 6.9 bp −$7 | 7.2 bp −$72 | 11.2 bp −$1,124 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.gTrade (Gains Network)91.883cheapestApeX Omni92.040+0.171%Phoenix92.070+0.204%OKX92.100+0.236%Gate92.100+0.236%Ondo Perps92.120+0.258%StandX92.120+0.258%Binance92.122+0.260%Bitget92.132+0.271%Aftermath Perps92.137+0.277%Bybit92.140+0.280%BloFin92.140+0.280%Paradex92.140+0.280%Lighter92.144+0.284%SoDEX92.145+0.285%Pacifica92.147+0.287%Bullet92.147+0.287%Aevo92.148+0.288%dYdX92.149+0.289%Coinbase International92.150+0.291%Aster92.153+0.293%GMX92.155+0.296%QFEX92.160+0.301%KuCoin92.162+0.304%
gTrade (Gains Network)
ApeX Omni
Phoenix
OKX
Gate
Ondo Perps
StandX
Binance
Bitget
Bybit
BloFin
Paradex
Lighter
SoDEX
Pacifica
Bullet
Aevo
dYdX
Coinbase International
Aster
GMX
QFEX
KuCoinPolymarket Perps92.162+0.304%
Nado92.170+0.312%Variational Omni92.173+0.315%tradeXYZ92.180+0.323%Extended92.200+0.345%Vest92.200+0.345%Deribit92.200+0.345%Kraken Futures92.207+0.353%RISEx92.224+0.372%edgeX92.251+0.401%
Nado
Variational Omni
tradeXYZ
Extended
Vest
Deribit
Kraken Futures
RISExInjective92.595+0.775%
CL 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 | −0.303% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| ApeX Omni CLUSDT | −0.132% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| Phoenix WTIOIL | −0.100% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.067% | 0.0000% | 4h | $43.3M | $109.4M | 50x | as long as short |
| Gate CL_USDT | −0.067% | 0.0000% | 8h | $21.1M | $61.0M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.046% | −0.0050% | 1h | $3.5M | $6.1M | 20x | as long as short |
| StandX CL-USD | −0.046% | +0.0040% | 1h | $725K | $2.3M | 40x | as long as short |
| Binance CLUSDT | −0.044% | −0.0031% | 4h | $244.5M | $1.02B | 100x | as long as short |
| Bitget CLUSDT | −0.033% | 0.0000% | 4h | $42.7M | $62.7M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.027% | −0.0083% | 1h | $2K | $34K | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CLUSDT | −0.024% | 0.0000% | 8h | $25.5M | $94.5M | 150x | as long as short |
| BloFin CL-USDT | −0.024% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Paradex CL-USD-PERP | −0.024% | +0.0028% | 8h | $15K | $367 | 5x | as long as short |
| Lighter WTI | −0.020% | 0.0000% | 1h | $11.1M | $12.5M | 20x | as long as short |
| SoDEX CL-USD | −0.018% | +0.0050% | 1h | $2.0M | $43K | 20x | as long as short |
| Pacifica CL | −0.016% | +0.0100% | 1h | $331K | $393K | 10x | as long as short |
| Bullet WTIOIL-USD | −0.016% | 0.0000% | 1h | $19K | $247K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.016% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| dYdX WTI-USD | −0.014% | 0.0000% | 1h | $5K | $10 | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.013% | +0.0032% | 1h | $397K | $1.1M | 15x | as long as short |
| Aster CLUSD1 | −0.010% | −0.0096% | 4h | $25.0M | $64.1M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.008% | L +0.0132% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| QFEX CL-USD | −0.002% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| KuCoin CLUSDTM | 0.000% | +0.0100% | 4h | $7.6M | $867K | 50x | as long as short |
| Polymarket Perps WTIOIL-USDlong | 0.000% | +0.0050% | 1h | $1.6M | $1.3M | 20x | |
| Nado WTI-PERP | +0.008% | −0.0031% | 1h | $826K | $727K | 10x | as long as short |
| Variational Omni CL | +0.012% | 0.0000% | 4h | $13.3M | $17.6M | — | as long as short |
| tradeXYZ xyz:CL | +0.020% | +0.0018% | 1h | $189.9M | $272.2M | 20x | as long as short |
| Extended WTI-USD | +0.041% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Vest CL-PERP | +0.041% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.041% | 0.0000% | 1h | $96K | $478K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.049% | −0.0091% | 1h | $261K | $1.3M | 25x | as long as short |
| RISEx CL/USDC | +0.068% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| edgeX CLUSDC | +0.097% | +0.0098% | 4h | $531K | $353K | 30x | as long as short |
| Injective WTI/USDC PERPshort | +0.470% | +0.0033% | 1h | $18K | $14K | 30x |