Spread before costs (cost unknown: a leg has no order-book sample)+0.076%
7d average+0.007%if it closes, per $10,000$8funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CL-USD | 91.973 | 0.0050 | pay 0.0006% / 1h | 37m 11s | $2.0M | $28K | 20x |
| Short | Variational Omni CL | 92.042 | 0 | get 0.0000% / 4h | 1h 37m | $12.5M | $16.9M | — |
SoDEX CL-USD
Variational Omni CLPrice 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
- $7.55
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$1.95
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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 SoDEX live order book, 3 min ago | 1.03 bp | 18.5 bp −$19 | 80.7 bp −$807 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.27 bp | doesn't fit | 2.7 bp −$27 | 7.6 bp −$755 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.672cheapestGate91.890+0.238%OKX91.940+0.292%tradeXYZ91.955+0.309%Bybit91.955+0.309%Aevo91.960+0.314%Lighter91.963+0.317%Binance91.963+0.318%
gTrade (Gains Network)
Gate
OKX
tradeXYZ
Bybit
Aevo
Lighter
BinanceSoDEX91.973+0.328%
GMX91.975+0.331%QFEX91.980+0.336%Bitget91.980+0.336%Vest91.980+0.336%Kraken Futures91.990+0.347%Extended91.990+0.347%dYdX91.992+0.349%Bullet91.995+0.352%Paradex91.996+0.354%Aster92.000+0.358%Deribit92.000+0.358%Polymarket Perps92.002+0.360%KuCoin92.010+0.369%BloFin92.010+0.369%Pacifica92.028+0.389%Ondo Perps92.040+0.401%
GMX
QFEX
Bitget
Vest
Kraken Futures
Extended
dYdX
Bullet
Paradex
Aster
Deribit
Polymarket Perps
KuCoin
BloFin
Pacifica
Ondo PerpsVariational Omni92.042+0.404%
Nado92.089+0.455%RISEx92.094+0.460%Phoenix92.110+0.478%ApeX Omni92.130+0.500%Coinbase International92.130+0.500%edgeX92.142+0.513%Aftermath Perps92.155+0.527%StandX92.200+0.576%Injective92.595+1.007%
Nado
RISEx
Phoenix
ApeX Omni
Coinbase International
StandX
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 | −0.327% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.090% | −0.0148% | 8h | $21.3M | $55.7M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.036% | 0.0000% | 4h | $44.4M | $93.1M | 50x | as long as short |
| tradeXYZ xyz:CL | −0.020% | +0.0024% | 1h | $182.7M | $236.7M | 20x | as long as short |
| Bybit CLUSDT | −0.020% | 0.0000% | 8h | $24.0M | $79.6M | 150x | as long as short |
| Aevo WTIOIL-PERP | −0.014% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Lighter WTI | −0.011% | +0.0032% | 1h | $11.1M | $11.4M | 20x | as long as short |
| Binance CLUSDT | −0.011% | 0.0000% | 4h | $253.6M | $856.0M | 100x | as long as short |
| SoDEX CL-USDlong | 0.000% | +0.0050% | 1h | $2.0M | $28K | 20x | |
| GMX WTIOIL/USD [ETH-USDC] | +0.002% | L +0.0231% / S −0.0152% | 1h | $88K | — | 111x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX CL-USD | +0.008% | −0.0015% | 1h | $2.3M | $2.6M | 10x | as long as short |
| Bitget CLUSDT | +0.008% | 0.0000% | 4h | $42.6M | $55.7M | 100x | as long as short |
| Vest CL-PERP | +0.008% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.018% | +0.0058% | 1h | $361K | $1.0M | 25x | as long as short |
| Extended WTI-USD | +0.018% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| dYdX WTI-USD | +0.021% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Bullet WTIOIL-USD | +0.024% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.025% | +0.0039% | 8h | $15K | — | 5x | as long as short |
| Aster CLUSD1 | +0.029% | −0.0023% | 4h | $24.7M | $59.8M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.029% | 0.0000% | 1h | $96K | $453K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.032% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| KuCoin CLUSDTM | +0.040% | +0.0100% | 4h | $7.4M | $802K | 50x | as long as short |
| BloFin CL-USDT | +0.040% | +0.0240% | 4h | $4.3M | $1.3M | 50x | as long as short |
| Pacifica CL | +0.060% | +0.0100% | 1h | $343K | $310K | 10x | as long as short |
| Ondo Perps WTI-USD.P | +0.073% | +0.0050% | 1h | $3.4M | $4.9M | 20x | as long as short |
| Variational Omni CLshort | +0.076% | 0.0000% | 4h | $12.5M | $16.9M | — | |
| Nado WTI-PERP | +0.126% | −0.0061% | 1h | $810K | $699K | 10x | as long as short |
| RISEx CL/USDC | +0.132% | 0.0000% | 1h | $3.0M | $1.1M | 20x | as long as short |
| Phoenix WTIOIL | +0.149% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.171% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.171% | +0.0024% | 1h | $395K | $909K | 15x | as long as short |
| edgeX CLUSDC | +0.184% | −0.0063% | 4h | $527K | $319K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.198% | −0.0090% | 1h | $2K | $37K | 5x | as long as short |
| StandX CL-USD | +0.247% | +0.0040% | 1h | $732K | $1.5M | 40x | as long as short |
| Injective WTI/USDC PERP | +0.676% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |