After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.132%7d average+0.012%fees + slippage, in and out−$29spread needed0.292%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CL-USD | 92.080 | −0.0011 | get 0.0001% / 1h | 40m 47s | $2.3M | $2.8M | 10x |
| Short | Bybit CLUSDT | 92.202 | 0 | get 0.0000% / 8h | 40m 47s | $24.7M | $83.7M | 150x |
QFEX CL-USD
Bybit CLUSDTPrice 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
- $13.25
- Funding while held
- $0.33
- Slippage, 4 orders
- −$8.23
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$15.64
- Spread needed to break even
- 0.292%
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0011%
- Per $10,000 a day
- +$0.33
- 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 QFEX live order book, 4 min ago | 1.63 bp | 8.1 bp −$8 | 8.7 bp −$87 | 9.9 bp −$988 | 19.8 bp −$9,922 |
| Sell Bybit live order book, 5 min ago | 0.54 bp | 6.5 bp −$6 | 8.3 bp −$83 | 18.4 bp −$1,836 | 96.1 bp −$48.0K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.794cheapestOndo Perps92.040+0.268%Vest92.050+0.279%Paradex92.059+0.288%Variational Omni92.066+0.297%Pacifica92.069+0.300%Aevo92.071+0.301%
gTrade (Gains Network)
Ondo Perps
Vest
Paradex
Variational Omni
Pacifica
AevoQFEX92.080+0.312%
Bullet92.081+0.313%Lighter92.082+0.314%GMX92.085+0.317%SoDEX92.089+0.321%edgeX92.089+0.322%BloFin92.090+0.322%dYdX92.091+0.324%Polymarket Perps92.097+0.330%Nado92.102+0.335%Kraken Futures92.102+0.336%RISEx92.104+0.338%StandX92.110+0.344%Deribit92.120+0.355%ApeX Omni92.130+0.366%Extended92.140+0.377%Gate92.150+0.388%Phoenix92.150+0.388%Aster92.167+0.406%KuCoin92.173+0.413%Aftermath Perps92.176+0.416%OKX92.190+0.431%
Bullet
Lighter
GMX
SoDEX
BloFin
dYdX
Polymarket Perps
Nado
Kraken Futures
RISEx
StandX
Deribit
ApeX Omni
Extended
Gate
Phoenix
Aster
KuCoin
OKXBybit92.202+0.444%
Binance92.213+0.457%Bitget92.220+0.464%tradeXYZ92.224+0.468%Coinbase International92.240+0.486%Injective92.595+0.873%
Binance
Bitget
tradeXYZ
Coinbase International
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 | −0.311% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Ondo Perps WTI-USD.P | −0.043% | −0.0007% | 1h | $3.4M | $5.1M | 20x | as long as short |
| Vest CL-PERP | −0.033% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.023% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Variational Omni CL | −0.015% | 0.0000% | 4h | $12.7M | $17.4M | — | as long as short |
| Pacifica CL | −0.012% | +0.0100% | 1h | $348K | $318K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.010% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| QFEX CL-USDlong | 0.000% | −0.0011% | 1h | $2.3M | $2.8M | 10x | |
| Bullet WTIOIL-USD | +0.001% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| Lighter WTI | +0.002% | +0.0032% | 1h | $11.0M | $11.7M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX WTIOIL/USD [ETH-USDC] | +0.005% | L +0.0134% / S +0.0018% | 1h | $77K | — | 111x | as long as short |
| SoDEX CL-USD | +0.010% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| edgeX CLUSDC | +0.010% | −0.0029% | 4h | $527K | $319K | 30x | as long as short |
| BloFin CL-USDT | +0.011% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| dYdX WTI-USD | +0.012% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.018% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Nado WTI-PERP | +0.024% | −0.0103% | 1h | $791K | $732K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.024% | −0.0001% | 1h | $290K | $1.2M | 25x | as long as short |
| RISEx CL/USDC | +0.026% | 0.0000% | 1h | $3.0M | $1.8M | 20x | as long as short |
| StandX CL-USD | +0.033% | +0.0040% | 1h | $727K | $1.9M | 40x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.043% | 0.0000% | 1h | $97K | $465K | 15x | as long as short |
| ApeX Omni CLUSDT | +0.054% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Extended WTI-USD | +0.065% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Gate CL_USDT | +0.076% | −0.0097% | 8h | $21.3M | $56.8M | 100x | as long as short |
| Phoenix WTIOIL | +0.076% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Aster CLUSD1 | +0.095% | 0.0000% | 4h | $24.7M | $61.1M | 20x | as long as short |
| KuCoin CLUSDTM | +0.101% | +0.0100% | 4h | $7.4M | $799K | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.104% | −0.0069% | 1h | $1K | $37K | 5x | as long as short |
| OKX CL-USDT-SWAP | +0.119% | 0.0000% | 4h | $44.1M | $99.1M | 50x | as long as short |
| Bybit CLUSDTshort | +0.132% | 0.0000% | 8h | $24.7M | $83.7M | 150x | |
| Binance CLUSDT | +0.145% | 0.0000% | 4h | $251.5M | $908.0M | 100x | as long as short |
| Bitget CLUSDT | +0.152% | 0.0000% | 4h | $43.2M | $56.8M | 100x | as long as short |
| tradeXYZ xyz:CL | +0.156% | +0.0044% | 1h | $184.8M | $247.4M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.174% | +0.0024% | 1h | $376K | $928K | 15x | as long as short |
| Injective WTI/USDC PERP | +0.559% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |