After costs, if the gap returns to its 7d average, $10k−$26
spread now+0.008%7d average−0.010%fees + slippage, in and out−$28spread needed0.275%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CL | 91.853 | 0.0008 | pay 0.0001% / 1h | 20m 15s | $182.5M | $239.7M | 20x |
| Short | Extended WTI-USD | 91.860 | 0.0032 | get 0.0004% / 1h | 20m 15s | $1.9M | $30.2M | 10x |
tradeXYZ xyz:CL
Extended WTI-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
- $0.76
- Funding while held
- $0.72
- Slippage, 4 orders
- −$4.55
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$26.06
- Spread needed to break even
- 0.275%
Slippage from tradeXYZ: live order book, 11 min ago; Extended: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0024%
- Per $10,000 a day
- +$0.72
- 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, 11 min ago | 0.33 bp | 9.4 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.71 bp | 5.0 bp −$5 | 7.1 bp −$71 | 22.5 bp −$2,254 | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.545cheapestGate91.820+0.300%Aevo91.823+0.303%SoDEX91.830+0.311%Bybit91.850+0.333%OKX91.850+0.333%Deribit91.850+0.333%
gTrade (Gains Network)
Gate
Aevo
SoDEX
Bybit
OKX
DeribittradeXYZ91.853+0.336%
GMX91.855+0.339%Binance91.858+0.342%
GMX
BinanceExtended91.860+0.344%
Vest91.860+0.344%BloFin91.860+0.344%Kraken Futures91.867+0.351%Bitget91.867+0.352%Ondo Perps91.870+0.355%Bullet91.873+0.358%Paradex91.879+0.365%Polymarket Perps91.908+0.397%Aster91.912+0.401%Variational Omni91.914+0.403%Lighter91.917+0.406%Pacifica91.917+0.407%Aftermath Perps91.917+0.407%dYdX91.917+0.407%RISEx91.920+0.410%QFEX91.920+0.410%KuCoin91.920+0.410%edgeX91.928+0.419%Nado91.933+0.424%ApeX Omni91.940+0.431%Coinbase International91.950+0.442%Phoenix91.960+0.453%StandX91.990+0.486%Injective92.595+1.147%
Vest
BloFin
Kraken Futures
Bitget
Ondo Perps
Bullet
Paradex
Polymarket Perps
Aster
Variational Omni
Lighter
Pacifica
dYdX
RISEx
QFEX
KuCoin
Nado
ApeX Omni
Coinbase International
Phoenix
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 | −0.335% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.036% | −0.0134% | 8h | $21.3M | $56.5M | 100x | as long as short |
| Aevo WTIOIL-PERP | −0.033% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| SoDEX CL-USD | −0.025% | +0.0050% | 1h | $2.0M | $28K | 20x | as long as short |
| Bybit CLUSDT | −0.003% | 0.0000% | 8h | $23.9M | $81.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | −0.003% | 0.0000% | 4h | $44.5M | $95.1M | 50x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.003% | 0.0000% | 1h | $96K | $458K | 15x | as long as short |
| tradeXYZ xyz:CLlong | 0.000% | +0.0008% | 1h | $182.5M | $239.7M | 20x | |
| GMX WTIOIL/USD [ETH-USDC] | +0.002% | L +0.0136% / S +0.0043% | 1h | $77K | — | 111x | as long as short |
| Binance CLUSDT | +0.006% | 0.0000% | 4h | $253.6M | $878.9M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended WTI-USDshort | +0.008% | +0.0032% | 1h | $1.9M | $30.2M | 10x | |
| Vest CL-PERP | +0.008% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| BloFin CL-USDT | +0.008% | +0.0240% | 4h | $4.3M | $1.4M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.015% | +0.0058% | 1h | $286K | $1.1M | 25x | as long as short |
| Bitget CLUSDT | +0.015% | 0.0000% | 4h | $42.6M | $55.9M | 100x | as long as short |
| Ondo Perps WTI-USD.P | +0.019% | +0.0050% | 1h | $3.4M | $5.0M | 20x | as long as short |
| Bullet WTIOIL-USD | +0.022% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| Paradex CL-USD-PERP | +0.028% | +0.0041% | 8h | $15K | — | 5x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.060% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| Aster CLUSD1 | +0.065% | −0.0011% | 4h | $24.7M | $60.3M | 20x | as long as short |
| Variational Omni CL | +0.067% | 0.0000% | 4h | $12.5M | $17.0M | — | as long as short |
| Lighter WTI | +0.070% | +0.0032% | 1h | $11.0M | $11.7M | 20x | as long as short |
| Pacifica CL | +0.070% | +0.0100% | 1h | $343K | $310K | 10x | as long as short |
| Aftermath Perps WTIUSD | +0.070% | −0.0085% | 1h | $2K | $37K | 5x | as long as short |
| dYdX WTI-USD | +0.070% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| RISEx CL/USDC | +0.073% | 0.0000% | 1h | $3.0M | $1.3M | 20x | as long as short |
| QFEX CL-USD | +0.073% | −0.0015% | 1h | $2.3M | $2.7M | 10x | as long as short |
| KuCoin CLUSDTM | +0.073% | +0.0100% | 4h | $7.4M | $802K | 50x | as long as short |
| edgeX CLUSDC | +0.082% | −0.0006% | 4h | $526K | $320K | 30x | as long as short |
| Nado WTI-PERP | +0.087% | −0.0071% | 1h | $804K | $708K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.095% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.106% | +0.0024% | 1h | $379K | $927K | 15x | as long as short |
| Phoenix WTIOIL | +0.116% | +0.0009% | 1h | $30K | $256K | 20x | as long as short |
| StandX CL-USD | +0.149% | +0.0040% | 1h | $728K | $1.7M | 40x | as long as short |
| Injective WTI/USDC PERP | +0.808% | +0.0033% | 1h | $18K | $32K | 30x | as long as short |