Spread before costs (cost unknown: a leg has no order-book sample)−0.143%
7d average+0.019%if it closes, per $10,000$14funding while held, a day+$0.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CL | 92.458 | −0.0023 | get 0.0012% / 4h | 1h 31m | $13.4M | $17.1M | — |
| Short | Bitget CLUSDT | 92.326 | 0 | get 0.0000% / 4h | 1h 31m | $42.5M | $63.1M | 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
- −$14.3
- Funding while held
- $0.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.6
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bitget: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0023%
- Per $10,000 a day
- +$0.70
- 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, 4 min ago | 2.27 bp | doesn't fit | 2.8 bp −$28 | 5.3 bp −$532 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.54 bp | 7.7 bp −$8 | 9.9 bp −$99 | doesn't fit | doesn't fit |
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 | −0.457% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| StandX CL-USD | −0.301% | +0.0040% | 1h | $726K | $2.4M | 40x | as long as short |
| Gate CL_USDT | −0.182% | 0.0000% | 8h | $21.1M | $61.4M | 100x | as long as short |
| Paradex CL-USD-PERP | −0.173% | +0.0035% | 8h | $15K | $367 | 5x | as long as short |
| KuCoin CLUSDTM | −0.166% | +0.0100% | 4h | $7.8M | $983K | 50x | as long as short |
| Bullet WTIOIL-USD | −0.166% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.166% | L +0.0131% / S +0.0030% | 1h | $79K | — | 111x | as long as short |
| Ondo Perps WTI-USD.P | −0.160% | −0.0015% | 1h | $3.5M | $6.2M | 20x | as long as short |
| Lighter WTI | −0.158% | +0.0016% | 1h | $11.2M | $12.6M | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.154% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance CLUSDT | −0.146% | −0.0047% | 4h | $244.6M | $1.03B | 100x | as long as short |
| Bitget CLUSDTshort | −0.143% | 0.0000% | 4h | $42.5M | $63.1M | 100x | |
| SoDEX CL-USD | −0.142% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| tradeXYZ xyz:CL | −0.139% | +0.0050% | 1h | $188.9M | $278.5M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.139% | 0.0000% | 4h | $43.5M | $111.2M | 50x | as long as short |
| ApeX Omni CLUSDT | −0.139% | +0.0100% | 1h | $56K | $272K | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.135% | +0.0065% | 1h | $260K | $1.3M | 25x | as long as short |
| Pacifica CL | −0.135% | +0.0100% | 1h | $318K | $456K | 10x | as long as short |
| edgeX CLUSDC | −0.133% | +0.0036% | 4h | $531K | $353K | 30x | as long as short |
| dYdX WTI-USD | −0.132% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| QFEX CL-USD | −0.128% | −0.0022% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.128% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| BloFin CL-USDT | −0.128% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Bybit CLUSDT | −0.126% | 0.0000% | 8h | $25.3M | $95.3M | 150x | as long as short |
| Aster CLUSD1 | −0.125% | −0.0091% | 4h | $24.9M | $69.4M | 20x | as long as short |
| Nado WTI-PERP | −0.111% | +0.0004% | 1h | $827K | $731K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.103% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.101% | −0.0075% | 1h | $2K | $34K | 5x | as long as short |
| Phoenix WTIOIL | −0.095% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.095% | 0.0000% | 1h | $96K | $470K | 15x | as long as short |
| Extended WTI-USD | −0.085% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Vest CL-PERP | −0.052% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| RISEx CL/USDC | −0.025% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Variational Omni CLlong | 0.000% | −0.0023% | 4h | $13.4M | $17.1M | — | |
| Injective WTI/USDC PERP | +0.148% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |
Variational Omni CL
Bitget CLUSDT
gTrade (Gains Network)
StandX
Gate
Paradex
KuCoin
Bullet
GMX
Lighter
Binance
SoDEX
tradeXYZ
OKX
ApeX Omni
Kraken Futures
Pacifica
Coinbase International
BloFin
Bybit
Aster
Polymarket Perps
Phoenix
Deribit
Extended
RISEx
Injective