Spread before costs (cost unknown: a leg has no order-book sample)−0.008%
7d average—if it closes, per $10,000$1funding while held, a day+$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CL-USD | 91.605 | 0.0050 | pay 0.0006% / 1h | 31m 03s | $2.0M | $41K | 20x |
| Short | Aevo WTIOIL-PERP | 91.597 | 0.0104 | get 0.0013% / 1h | 31m 03s | $4K | $49 | 10x |
Price 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
- −$0.84
- Funding while held
- $1.62
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$23.22
- Spread needed to break even
- 0.240%
Slippage unknown: SoDEX: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.62
- 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 SoDEX live order book, 4 min ago | 0.55 bp | 18.8 bp −$19 | 84.0 bp −$840 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.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 | −0.290% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.049% | 0.0000% | 8h | $21.2M | $59.9M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.027% | −0.0065% | 1h | $3.4M | $5.9M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.011% | L +0.0133% / S +0.0028% | 1h | $78K | — | 111x | as long as short |
| Aevo WTIOIL-PERPshort | −0.008% | +0.0104% | 1h | $4K | $49 | 10x | |
| QFEX CL-USD | −0.005% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| StandX CL-USD | −0.005% | +0.0040% | 1h | $720K | $2.3M | 40x | as long as short |
| Bullet WTIOIL-USD | −0.004% | −0.0022% | 1h | $19K | $248K | 10x | as long as short |
| SoDEX CL-USDlong | 0.000% | +0.0050% | 1h | $2.0M | $41K | 20x | |
| Lighter WTI | +0.004% | −0.0032% | 1h | $11.0M | $12.2M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin CL-USDT | +0.005% | +0.0240% | 4h | $4.2M | $1.5M | 50x | as long as short |
| Paradex CL-USD-PERP | +0.014% | +0.0017% | 8h | $15K | $275 | 5x | as long as short |
| KuCoin CLUSDTM | +0.017% | +0.0100% | 4h | $7.6M | $863K | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.019% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Pacifica CL | +0.022% | +0.0100% | 1h | $332K | $388K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.038% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Aftermath Perps WTIUSD | +0.040% | −0.0079% | 1h | $2K | $35K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.043% | −0.0091% | 1h | $288K | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CL | +0.048% | −0.0024% | 1h | $183.0M | $264.0M | 20x | as long as short |
| Binance CLUSDT | +0.049% | −0.0012% | 4h | $245.3M | $1.01B | 100x | as long as short |
| Phoenix WTIOIL | +0.049% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Bitget CLUSDT | +0.053% | 0.0000% | 4h | $42.8M | $61.7M | 100x | as long as short |
| Aster CLUSD1 | +0.060% | −0.0083% | 4h | $24.8M | $63.5M | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.060% | 0.0000% | 4h | $43.4M | $107.0M | 50x | as long as short |
| Bybit CLUSDT | +0.071% | 0.0000% | 8h | $25.3M | $93.3M | 150x | as long as short |
| edgeX CLUSDC | +0.072% | +0.0034% | 4h | $527K | $353K | 30x | as long as short |
| Nado WTI-PERP | +0.072% | −0.0040% | 1h | $818K | $725K | 10x | as long as short |
| RISEx CL/USDC | +0.073% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| dYdX WTI-USD | +0.079% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Variational Omni CL | +0.084% | 0.0000% | 4h | $12.9M | $17.6M | — | as long as short |
| ApeX Omni CLUSDT | +0.093% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Vest CL-PERP | +0.104% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Extended WTI-USD | +0.115% | +0.0032% | 1h | $1.9M | $30.4M | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.158% | +0.0032% | 1h | $373K | $916K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.081% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |
SoDEX CL-USD
gTrade (Gains Network)
Gate
GMX
StandX
Bullet
Lighter
BloFin
Paradex
KuCoin
Polymarket Perps
Pacifica
Deribit
Kraken Futures
tradeXYZ
Binance
Phoenix
Bitget
Aster
OKX
Bybit
RISEx
Variational Omni
ApeX Omni
Extended
Coinbase International
Injective