After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.197%7d average+0.035%fees + slippage, in and out−$30spread needed0.300%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX CL-USD | 91.420 | 0.0035 | pay 0.0004% / 1h | 35m 02s | $720K | $2.1M | 40x |
| Short | OKX CL-USDT-SWAP | 91.600 | 0 | get 0.0000% / 4h | 3h 35m | $43.4M | $104.5M | 50x |
StandX CL-USD
OKX CL-USDT-SWAPPrice 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
- $19.69
- Funding while held
- −$1.06
- Slippage, 4 orders
- −$12.02
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$11.39
- Spread needed to break even
- 0.300%
Slippage from StandX: live order book, just now; OKX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0035%
- Per $10,000 a day
- −$1.06
- 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 StandX live order book, just now | 5.46 bp | 9.5 bp −$9 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.55 bp | 5.5 bp −$6 | 6.4 bp −$64 | 13.8 bp −$1,380 | 55.2 bp −$27.6K |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.266cheapestedgeX91.328+0.068%Variational Omni91.392+0.138%
gTrade (Gains Network)
Variational OmniStandX91.420+0.169%
ApeX Omni91.460+0.213%Aftermath Perps91.497+0.253%QFEX91.510+0.267%dYdX91.518+0.276%Ondo Perps91.520+0.278%Vest91.520+0.278%Bullet91.531+0.290%GMX91.535+0.295%Aevo91.538+0.299%Polymarket Perps91.542+0.302%Pacifica91.544+0.305%Paradex91.550+0.312%Nado91.559+0.321%Gate91.560+0.322%SoDEX91.576+0.340%Phoenix91.590+0.355%Deribit91.590+0.355%BloFin91.590+0.355%Aster91.590+0.355%Lighter91.593+0.358%Kraken Futures91.597+0.362%
ApeX Omni
QFEX
dYdX
Ondo Perps
Vest
Bullet
GMX
Aevo
Polymarket Perps
Pacifica
Paradex
Nado
Gate
SoDEX
Phoenix
Deribit
BloFin
Aster
Lighter
Kraken FuturesOKX91.600+0.366%
Binance91.602+0.368%RISEx91.604+0.370%Bitget91.605+0.371%tradeXYZ91.606+0.373%Bybit91.607+0.374%KuCoin91.620+0.388%Extended91.640+0.410%Coinbase International91.750+0.530%Injective92.595+1.456%
Binance
RISEx
Bitget
tradeXYZ
Bybit
KuCoin
Extended
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 | −0.168% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| edgeX CLUSDC | −0.100% | −0.0057% | 4h | $516K | $336K | 30x | as long as short |
| Variational Omni CL | −0.031% | 0.0000% | 4h | $12.4M | $17.3M | — | as long as short |
| StandX CL-USDlong | 0.000% | +0.0035% | 1h | $720K | $2.1M | 40x | |
| ApeX Omni CLUSDT | +0.044% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.084% | −0.0058% | 1h | $2K | $36K | 5x | as long as short |
| QFEX CL-USD | +0.098% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| dYdX WTI-USD | +0.107% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Ondo Perps WTI-USD.P | +0.109% | +0.0050% | 1h | $3.4M | $5.8M | 20x | as long as short |
| Vest CL-PERP | +0.109% | +0.0046% | 1h | — | $86K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bullet WTIOIL-USD | +0.121% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.126% | L +0.0134% / S +0.0018% | 1h | $77K | — | 111x | as long as short |
| Aevo WTIOIL-PERP | +0.130% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.133% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Pacifica CL | +0.136% | +0.0100% | 1h | $346K | $345K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.143% | +0.0040% | 8h | $15K | — | 5x | as long as short |
| Nado WTI-PERP | +0.152% | −0.0011% | 1h | $811K | $766K | 10x | as long as short |
| Gate CL_USDT | +0.153% | 0.0000% | 8h | $21.1M | $58.2M | 100x | as long as short |
| SoDEX CL-USD | +0.171% | +0.0050% | 1h | $2.0M | $40K | 20x | as long as short |
| Phoenix WTIOIL | +0.186% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.186% | 0.0000% | 1h | $96K | $460K | 15x | as long as short |
| BloFin CL-USDT | +0.186% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Aster CLUSD1 | +0.186% | 0.0000% | 4h | $24.8M | $62.9M | 20x | as long as short |
| Lighter WTI | +0.189% | −0.0024% | 1h | $11.0M | $12.0M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.193% | −0.0038% | 1h | $297K | $1.2M | 25x | as long as short |
| OKX CL-USDT-SWAPshort | +0.197% | 0.0000% | 4h | $43.4M | $104.5M | 50x | |
| Binance CLUSDT | +0.199% | 0.0000% | 4h | $245.3M | $986.9M | 100x | as long as short |
| RISEx CL/USDC | +0.201% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| Bitget CLUSDT | +0.202% | 0.0000% | 4h | $42.9M | $60.0M | 100x | as long as short |
| tradeXYZ xyz:CL | +0.203% | −0.0018% | 1h | $182.9M | $258.7M | 20x | as long as short |
| Bybit CLUSDT | +0.205% | 0.0000% | 8h | $25.0M | $91.6M | 150x | as long as short |
| KuCoin CLUSDTM | +0.219% | +0.0100% | 4h | $7.5M | $858K | 50x | as long as short |
| Extended WTI-USD | +0.241% | +0.0032% | 1h | $2.0M | $30.6M | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.361% | +0.0016% | 1h | $373K | $941K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.285% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |