Spread before costs (cost unknown: a leg has no order-book sample)+0.074%
7d average−0.986%if it closes, per $10,000$7funding while held, a day+$0.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CL | 92.092 | 0.0021 | pay 0.0003% / 1h | 1m 30s | $189.7M | $272.6M | 20x |
| Short | Vest CL-PERP | 92.160 | 0.0046 | get 0.0006% / 1h | 1m 30s | — | $243K | 10x |
tradeXYZ xyz:CL
Vest CL-PERPPrice 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
- $7.38
- Funding while held
- $0.75
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$11.87
- Spread needed to break even
- 0.200%
Slippage unknown: tradeXYZ: live order book, 10 min ago; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0025%
- Per $10,000 a day
- +$0.75
- 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, 10 min ago | 0.43 bp | 9.5 bp −$10 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.gTrade (Gains Network)91.821cheapestGate92.020+0.217%Ondo Perps92.050+0.249%Paradex92.060+0.260%OKX92.060+0.260%QFEX92.060+0.260%Bitget92.061+0.261%Binance92.061+0.262%Phoenix92.070+0.271%Lighter92.074+0.276%Pacifica92.076+0.278%Aster92.080+0.282%Bybit92.086+0.289%KuCoin92.091+0.294%
gTrade (Gains Network)
Gate
Ondo Perps
Paradex
OKX
QFEX
Bitget
Binance
Phoenix
Lighter
Pacifica
Aster
Bybit
KuCointradeXYZ92.092+0.295%
Extended92.100+0.304%ApeX Omni92.100+0.304%Aevo92.103+0.307%Bullet92.104+0.308%GMX92.105+0.309%Polymarket Perps92.106+0.310%SoDEX92.108+0.313%RISEx92.138+0.345%BloFin92.140+0.347%dYdX92.149+0.357%edgeX92.150+0.358%StandX92.150+0.358%Deribit92.150+0.358%Coinbase International92.150+0.358%Kraken Futures92.154+0.362%Aftermath Perps92.155+0.364%
Extended
ApeX Omni
Aevo
Bullet
GMX
Polymarket Perps
SoDEX
RISEx
BloFin
dYdX
StandX
Deribit
Coinbase International
Kraken FuturesVest92.160+0.369%
Variational Omni92.173+0.383%Nado92.180+0.391%Injective92.595+0.843%
Variational Omni
Nado
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 | −0.294% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.078% | 0.0000% | 8h | $21.1M | $61.1M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.046% | −0.0049% | 1h | $3.5M | $6.1M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.035% | +0.0029% | 8h | $15K | $367 | 5x | as long as short |
| OKX CL-USDT-SWAP | −0.035% | 0.0000% | 4h | $43.3M | $109.4M | 50x | as long as short |
| QFEX CL-USD | −0.035% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Bitget CLUSDT | −0.034% | 0.0000% | 4h | $42.6M | $62.7M | 100x | as long as short |
| Binance CLUSDT | −0.033% | −0.0031% | 4h | $244.4M | $1.02B | 100x | as long as short |
| Phoenix WTIOIL | −0.024% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Lighter WTI | −0.020% | 0.0000% | 1h | $11.1M | $12.5M | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CL | −0.017% | +0.0100% | 1h | $331K | $393K | 10x | as long as short |
| Aster CLUSD1 | −0.013% | −0.0093% | 4h | $24.9M | $64.0M | 20x | as long as short |
| Bybit CLUSDT | −0.007% | 0.0000% | 8h | $25.5M | $94.5M | 150x | as long as short |
| KuCoin CLUSDTM | −0.001% | +0.0100% | 4h | $7.6M | $874K | 50x | as long as short |
| tradeXYZ xyz:CLlong | 0.000% | +0.0021% | 1h | $189.7M | $272.6M | 20x | |
| Extended WTI-USD | +0.009% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.009% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.012% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bullet WTIOIL-USD | +0.013% | 0.0000% | 1h | $18K | $247K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.014% | L +0.0132% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.015% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.017% | +0.0050% | 1h | $2.0M | $43K | 20x | as long as short |
| RISEx CL/USDC | +0.050% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| BloFin CL-USDT | +0.052% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| dYdX WTI-USD | +0.062% | 0.0000% | 1h | $5K | $10 | 5x | as long as short |
| edgeX CLUSDC | +0.063% | +0.0079% | 4h | $530K | $353K | 30x | as long as short |
| StandX CL-USD | +0.063% | +0.0040% | 1h | $726K | $2.3M | 40x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.063% | 0.0000% | 1h | $96K | $478K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.063% | +0.0032% | 1h | $397K | $1.1M | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.067% | −0.0091% | 1h | $261K | $1.3M | 25x | as long as short |
| Aftermath Perps WTIUSD | +0.068% | −0.0083% | 1h | $2K | $34K | 5x | as long as short |
| Vest CL-PERPshort | +0.074% | +0.0046% | 1h | — | $243K | 10x | |
| Variational Omni CL | +0.088% | 0.0000% | 4h | $13.3M | $17.6M | — | as long as short |
| Nado WTI-PERP | +0.096% | −0.0031% | 1h | $826K | $727K | 10x | as long as short |
| Injective WTI/USDC PERP | +0.546% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |