Spread before costs (cost unknown: a leg has no order-book sample)−0.057%
7d average+0.024%if it closes, per $10,000$6funding while held, a day−$0.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CL | 92.043 | 0 | get 0.0000% / 4h | 2h 17m | $13.2M | $17.7M | — |
| Short | Binance CLUSDT | 91.990 | −0.0027 | pay 0.0013% / 4h | 2h 17m | $245.2M | $1.02B | 100x |
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
- −$5.74
- Funding while held
- −$0.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.54
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Binance: live order book, 13 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0027%
- Per $10,000 a day
- −$0.80
- 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, 3 min ago | 2.27 bp | doesn't fit | 3.1 bp −$31 | 7.6 bp −$760 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.55 bp | 5.5 bp −$6 | 6.2 bp −$62 | 9.1 bp −$912 | 23.4 bp −$11.7K |
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 | −0.271% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.199% | +0.0032% | 1h | $394K | $1.0M | 15x | as long as short |
| Gate CL_USDT | −0.090% | 0.0000% | 8h | $21.0M | $60.4M | 100x | as long as short |
| BloFin CL-USDT | −0.068% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.058% | −0.0077% | 1h | $2K | $35K | 5x | as long as short |
| Binance CLUSDTshort | −0.057% | −0.0027% | 4h | $245.2M | $1.02B | 100x | |
| OKX CL-USDT-SWAP | −0.057% | 0.0000% | 4h | $43.1M | $108.4M | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.057% | −0.0065% | 1h | $3.4M | $6.0M | 20x | as long as short |
| Bitget CLUSDT | −0.057% | 0.0000% | 4h | $42.6M | $62.2M | 100x | as long as short |
| StandX CL-USD | −0.057% | +0.0040% | 1h | $724K | $2.4M | 40x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CLUSDT | −0.025% | 0.0000% | 8h | $25.4M | $93.9M | 150x | as long as short |
| QFEX CL-USD | −0.025% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.017% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Phoenix WTIOIL | −0.014% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| Paradex CL-USD-PERP | −0.013% | +0.0022% | 8h | $15K | $275 | 5x | as long as short |
| Pacifica CL | −0.007% | +0.0100% | 1h | $331K | $392K | 10x | as long as short |
| Lighter WTI | −0.005% | −0.0016% | 1h | $11.1M | $12.3M | 20x | as long as short |
| Variational Omni CLlong | 0.000% | 0.0000% | 4h | $13.2M | $17.7M | — | |
| ApeX Omni CLUSDT | +0.008% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| dYdX WTI-USD | +0.008% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| edgeX CLUSDC | +0.010% | +0.0087% | 4h | $529K | $353K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.013% | L +0.0132% / S +0.0029% | 1h | $79K | — | 111x | as long as short |
| Aster CLUSD1 | +0.015% | −0.0090% | 4h | $24.9M | $63.7M | 20x | as long as short |
| RISEx CL/USDC | +0.016% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.018% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Extended WTI-USD | +0.019% | +0.0032% | 1h | $1.9M | $30.1M | 10x | as long as short |
| KuCoin CLUSDTM | +0.023% | +0.0100% | 4h | $7.6M | $875K | 50x | as long as short |
| Bullet WTIOIL-USD | +0.026% | −0.0002% | 1h | $20K | $247K | 10x | as long as short |
| tradeXYZ xyz:CL | +0.030% | −0.0002% | 1h | $184.2M | $266.2M | 20x | as long as short |
| SoDEX CL-USD | +0.035% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Nado WTI-PERP | +0.043% | −0.0043% | 1h | $823K | $726K | 10x | as long as short |
| Vest CL-PERP | +0.062% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.073% | 0.0000% | 1h | $96K | $478K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.074% | −0.0091% | 1h | $270K | $1.3M | 25x | as long as short |
| Injective WTI/USDC PERP | +0.600% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |
Variational Omni CL
Binance CLUSDT
gTrade (Gains Network)
Coinbase International
Gate
BloFin
OKX
Bitget
StandX
Bybit
Polymarket Perps
Phoenix
Paradex
Pacifica
Lighter
ApeX Omni
GMX
Aster
RISEx
Extended
KuCoin
Bullet
tradeXYZ
SoDEX
Deribit
Kraken Futures
Injective