Spread before costs (cost unknown: a leg has no order-book sample)−0.086%
7d average—if it closes, per $10,000$9funding while held, a day+$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CL | 91.965 | 0 | get 0.0000% / 4h | 3h 55m | $12.7M | $17.1M | — |
| Short | Aevo WTIOIL-PERP | 91.886 | 0.0104 | get 0.0013% / 1h | 55m 15s | $4K | $49 | 10x |
Variational Omni CL
Aevo WTIOIL-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
- −$8.59
- Funding while held
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$21.47
- Spread needed to break even
- 0.160%
Slippage unknown: Variational Omni: RFQ quote, just now; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- 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 Variational Omni RFQ quote, just now | 2.27 bp | doesn't fit | 2.3 bp −$23 | 5.9 bp −$585 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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)91.622cheapestGate91.840+0.238%SoDEX91.875+0.276%Bybit91.876+0.277%OKX91.880+0.282%
gTrade (Gains Network)
Gate
SoDEX
Bybit
OKXAevo91.886+0.288%
Bitget91.888+0.290%Binance91.891+0.294%GMX91.895+0.298%Bullet91.901+0.305%Kraken Futures91.906+0.309%tradeXYZ91.909+0.313%Aster91.910+0.314%QFEX91.910+0.314%Deribit91.910+0.314%Lighter91.917+0.322%Paradex91.918+0.324%Ondo Perps91.920+0.325%Vest91.920+0.325%Pacifica91.929+0.335%Polymarket Perps91.931+0.337%RISEx91.938+0.345%KuCoin91.939+0.346%Extended91.940+0.347%
Bitget
Binance
GMX
Bullet
Kraken Futures
tradeXYZ
Aster
QFEX
Deribit
Lighter
Paradex
Ondo Perps
Vest
Pacifica
Polymarket Perps
RISEx
KuCoin
ExtendedVariational Omni91.965+0.374%
StandX91.980+0.391%Nado92.004+0.417%dYdX92.023+0.438%edgeX92.129+0.554%Aftermath Perps92.142+0.567%BloFin92.160+0.587%Phoenix92.240+0.675%ApeX Omni92.280+0.718%Coinbase International92.280+0.718%Injective92.595+1.062%
StandX
Nado
dYdX
BloFin
Phoenix
ApeX Omni
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 | −0.372% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.135% | 0.0000% | 8h | $21.3M | $57.1M | 100x | as long as short |
| SoDEX CL-USD | −0.097% | +0.0050% | 1h | $2.0M | $27K | 20x | as long as short |
| Bybit CLUSDT | −0.096% | 0.0000% | 8h | $24.9M | $87.7M | 150x | as long as short |
| OKX CL-USDT-SWAP | −0.092% | 0.0000% | 4h | $43.9M | $101.4M | 50x | as long as short |
| Aevo WTIOIL-PERPshort | −0.086% | +0.0104% | 1h | $4K | $49 | 10x | |
| Bitget CLUSDT | −0.083% | 0.0000% | 4h | $43.1M | $58.0M | 100x | as long as short |
| Binance CLUSDT | −0.080% | 0.0000% | 4h | $248.6M | $954.1M | 100x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.076% | L +0.0133% / S +0.0019% | 1h | $77K | — | 111x | as long as short |
| Bullet WTIOIL-USD | −0.069% | 0.0000% | 1h | $19K | $246K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.064% | −0.0038% | 1h | $300K | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CL | −0.060% | +0.0001% | 1h | $183.8M | $254.2M | 20x | as long as short |
| Aster CLUSD1 | −0.059% | 0.0000% | 4h | $24.9M | $62.2M | 20x | as long as short |
| QFEX CL-USD | −0.059% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.059% | 0.0000% | 1h | $96K | $454K | 15x | as long as short |
| Lighter WTI | −0.052% | 0.0000% | 1h | $11.0M | $11.8M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.050% | +0.0043% | 8h | $15K | — | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.048% | +0.0050% | 1h | $3.5M | $5.6M | 20x | as long as short |
| Vest CL-PERP | −0.048% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Pacifica CL | −0.039% | +0.0100% | 1h | $349K | $342K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.036% | +0.0050% | 1h | $1.7M | $1.5M | 20x | as long as short |
| RISEx CL/USDC | −0.029% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| KuCoin CLUSDTM | −0.028% | +0.0100% | 4h | $7.4M | $811K | 50x | as long as short |
| Extended WTI-USD | −0.027% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| Variational Omni CLlong | 0.000% | 0.0000% | 4h | $12.7M | $17.1M | — | |
| StandX CL-USD | +0.017% | −0.0182% | 1h | $725K | $2.0M | 40x | as long as short |
| Nado WTI-PERP | +0.042% | +0.0035% | 1h | $779K | $751K | 10x | as long as short |
| dYdX WTI-USD | +0.064% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| edgeX CLUSDC | +0.179% | −0.0026% | 4h | $527K | $322K | 30x | as long as short |
| Aftermath Perps WTIUSD | +0.192% | −0.0057% | 1h | $1K | $36K | 5x | as long as short |
| BloFin CL-USDT | +0.213% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Phoenix WTIOIL | +0.300% | +0.0035% | 1h | $36K | $267K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.343% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.343% | +0.0016% | 1h | $378K | $943K | 15x | as long as short |
| Injective WTI/USDC PERP | +0.686% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |