After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.022%7d average−0.017%fees + slippage, in and out−$33spread needed0.329%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CL | 92.110 | 0.0048 | pay 0.0006% / 1h | 19m 38s | $183.7M | $250.8M | 20x |
| Short | BloFin CL-USDT | 92.090 | 0.0240 | get 0.0120% / 4h | 19m 38s | $4.3M | $1.4M | 50x |
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
- −$2.17
- Funding while held
- $5.76
- Slippage, 4 orders
- −$2.95
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.36
- Spread needed to break even
- 0.329%
Slippage from tradeXYZ: live order book, 12 min ago; BloFin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0192%
- Per $10,000 a day
- +$5.76
- 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 tradeXYZ live order book, 12 min ago | 0.22 bp | 9.4 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.09 bp | 7.1 bp −$7 | 8.1 bp −$81 | 12.7 bp −$1,270 | 30.6 bp −$15.3K |
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 | −0.427% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Vest CL-PERP | −0.141% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.130% | +0.0024% | 1h | $377K | $937K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.127% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.125% | −0.0001% | 1h | $298K | $1.2M | 25x | as long as short |
| Bullet WTIOIL-USD | −0.121% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
| Aevo WTIOIL-PERP | −0.120% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.114% | L +0.0134% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| Nado WTI-PERP | −0.107% | −0.0064% | 1h | $795K | $738K | 10x | as long as short |
| SoDEX CL-USD | −0.105% | +0.0050% | 1h | $2.0M | $22K | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CLUSDT | −0.098% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.087% | 0.0000% | 1h | $97K | $446K | 15x | as long as short |
| Gate CL_USDT | −0.076% | −0.0083% | 8h | $21.3M | $57.4M | 100x | as long as short |
| dYdX WTI-USD | −0.062% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Variational Omni CL | −0.046% | 0.0000% | 4h | $12.7M | $17.3M | — | as long as short |
| edgeX CLUSDC | −0.044% | −0.0082% | 4h | $527K | $324K | 30x | as long as short |
| OKX CL-USDT-SWAP | −0.043% | 0.0000% | 4h | $44.0M | $99.9M | 50x | as long as short |
| Lighter WTI | −0.030% | +0.0032% | 1h | $11.0M | $11.8M | 20x | as long as short |
| Bybit CLUSDT | −0.022% | 0.0000% | 8h | $25.0M | $85.4M | 150x | as long as short |
| Ondo Perps WTI-USD.P | −0.022% | +0.0018% | 1h | $3.5M | $5.4M | 20x | as long as short |
| BloFin CL-USDTshort | −0.022% | +0.0240% | 4h | $4.3M | $1.4M | 50x | |
| RISEx CL/USDC | −0.018% | 0.0000% | 1h | $3.1M | $2.0M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.014% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Aster CLUSD1 | −0.013% | 0.0000% | 4h | $24.7M | $61.6M | 20x | as long as short |
| QFEX CL-USD | −0.011% | −0.0011% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Binance CLUSDT | −0.011% | 0.0000% | 4h | $247.3M | $932.4M | 100x | as long as short |
| Bitget CLUSDT | −0.009% | 0.0000% | 4h | $43.2M | $57.4M | 100x | as long as short |
| tradeXYZ xyz:CLlong | 0.000% | +0.0048% | 1h | $183.7M | $250.8M | 20x | |
| KuCoin CLUSDTM | 0.000% | +0.0100% | 4h | $7.4M | $804K | 50x | as long as short |
| Pacifica CL | +0.002% | +0.0100% | 1h | $347K | $331K | 10x | as long as short |
| Extended WTI-USD | +0.011% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| Aftermath Perps WTIUSD | +0.030% | −0.0057% | 1h | $2K | $36K | 5x | as long as short |
| StandX CL-USD | +0.033% | +0.0040% | 1h | $726K | $1.9M | 40x | as long as short |
| Phoenix WTIOIL | +0.141% | 0.0000% | 1h | $36K | $268K | 20x | as long as short |
| Injective WTI/USDC PERP | +0.527% | +0.0220% | 1h | $18K | $32K | 30x | as long as short |
tradeXYZ xyz:CL
BloFin CL-USDT
gTrade (Gains Network)
Coinbase International
Polymarket Perps
Kraken Futures
Bullet
GMX
SoDEX
ApeX Omni
Deribit
Gate
Variational Omni
OKX
Lighter
Bybit
RISEx
Paradex
Aster
Binance
Bitget
KuCoin
Pacifica
Extended
StandX
Phoenix
Injective