After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.010%7d average−0.005%fees + slippage, in and out−$53spread needed0.527%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CL-USD | 92.040 | −0.0025 | get 0.0003% / 1h | 25m 04s | $2.4M | $2.9M | 10x |
| Short | SoDEX CL-USD | 92.049 | 0.0050 | get 0.0006% / 1h | 25m 04s | $2.0M | $41K | 20x |
QFEX CL-USD
SoDEX CL-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
- $0.98
- Funding while held
- $2.25
- Slippage, 4 orders
- −$34.71
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$49.48
- Spread needed to break even
- 0.527%
Slippage from QFEX: live order book, 4 min ago; SoDEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0075%
- Per $10,000 a day
- +$2.25
- 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 | 2.18 bp | 7.2 bp −$7 | 7.2 bp −$72 | 8.1 bp −$806 | 17.4 bp −$8,705 |
| Sell SoDEX live order book, 5 min ago | 0.55 bp | 18.8 bp −$19 | 80.9 bp −$809 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.edgeX91.707cheapestPhoenix91.760+0.058%gTrade (Gains Network)91.765+0.063%ApeX Omni91.770+0.069%Aftermath Perps91.793+0.094%StandX91.800+0.101%Variational Omni91.840+0.145%Coinbase International91.860+0.167%dYdX91.968+0.285%Gate91.990+0.309%Ondo Perps92.000+0.320%Pacifica92.020+0.342%OKX92.030+0.352%Binance92.036+0.358%Aevo92.037+0.360%Paradex92.038+0.361%tradeXYZ92.040+0.363%
Phoenix
gTrade (Gains Network)
ApeX Omni
StandX
Variational Omni
Coinbase International
dYdX
Gate
Ondo Perps
Pacifica
OKX
Binance
Aevo
Paradex
tradeXYZQFEX92.040+0.363%
GMX92.045+0.369%Bullet92.048+0.371%Lighter92.049+0.373%
GMX
Bullet
LighterSoDEX92.049+0.373%
Bitget92.053+0.377%Nado92.054+0.378%Bybit92.058+0.383%BloFin92.060+0.385%KuCoin92.075+0.401%Extended92.080+0.407%Polymarket Perps92.081+0.408%Aster92.085+0.412%Vest92.090+0.418%Deribit92.100+0.429%Kraken Futures92.109+0.439%RISEx92.118+0.448%Injective92.595+0.968%
Bitget
Nado
Bybit
BloFin
KuCoin
Extended
Polymarket Perps
Aster
Vest
Deribit
Kraken Futures
RISEx
InjectiveCL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX CLUSDC | −0.362% | +0.0014% | 4h | $527K | $351K | 30x | as long as short |
| Phoenix WTIOIL | −0.304% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| gTrade (Gains Network) WTI/USD | −0.299% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| ApeX Omni CLUSDT | −0.293% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.268% | −0.0078% | 1h | $2K | $35K | 5x | as long as short |
| StandX CL-USD | −0.261% | +0.0040% | 1h | $721K | $2.3M | 40x | as long as short |
| Variational Omni CL | −0.217% | 0.0000% | 4h | $13.2M | $17.8M | — | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.196% | +0.0032% | 1h | $394K | $1.0M | 15x | as long as short |
| dYdX WTI-USD | −0.078% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Gate CL_USDT | −0.054% | 0.0000% | 8h | $21.3M | $60.1M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps WTI-USD.P | −0.043% | −0.0059% | 1h | $3.4M | $6.0M | 20x | as long as short |
| Pacifica CL | −0.021% | +0.0100% | 1h | $331K | $391K | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.011% | 0.0000% | 4h | $43.3M | $108.4M | 50x | as long as short |
| Binance CLUSDT | −0.005% | −0.0018% | 4h | $246.8M | $1.01B | 100x | as long as short |
| Aevo WTIOIL-PERP | −0.003% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Paradex CL-USD-PERP | −0.002% | +0.0019% | 8h | $15K | $275 | 5x | as long as short |
| tradeXYZ xyz:CL | 0.000% | −0.0010% | 1h | $183.8M | $265.0M | 20x | as long as short |
| QFEX CL-USDlong | 0.000% | −0.0025% | 1h | $2.4M | $2.9M | 10x | |
| GMX WTIOIL/USD [ETH-USDC] | +0.005% | L +0.0133% / S +0.0028% | 1h | $79K | — | 111x | as long as short |
| Bullet WTIOIL-USD | +0.008% | −0.0007% | 1h | $19K | $248K | 10x | as long as short |
| Lighter WTI | +0.010% | −0.0024% | 1h | $11.1M | $12.3M | 20x | as long as short |
| SoDEX CL-USDshort | +0.010% | +0.0050% | 1h | $2.0M | $41K | 20x | |
| Bitget CLUSDT | +0.014% | 0.0000% | 4h | $42.6M | $62.0M | 100x | as long as short |
| Nado WTI-PERP | +0.015% | −0.0041% | 1h | $822K | $724K | 10x | as long as short |
| Bybit CLUSDT | +0.020% | 0.0000% | 8h | $25.4M | $93.9M | 150x | as long as short |
| BloFin CL-USDT | +0.022% | +0.0240% | 4h | $4.2M | $1.5M | 50x | as long as short |
| KuCoin CLUSDTM | +0.038% | +0.0100% | 4h | $7.6M | $869K | 50x | as long as short |
| Extended WTI-USD | +0.043% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.045% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Aster CLUSD1 | +0.049% | −0.0089% | 4h | $24.9M | $64.0M | 20x | as long as short |
| Vest CL-PERP | +0.054% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.065% | 0.0000% | 1h | $96K | $478K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.075% | −0.0091% | 1h | $272K | $1.3M | 25x | as long as short |
| RISEx CL/USDC | +0.084% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.603% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |