Spread before costs (cost unknown: a leg has no order-book sample)−0.163%
7d average−0.049%if it closes, per $10,000$16funding while held, a day+$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CL | 91.609 | 0 | get 0.0000% / 4h | 3h 42m | $12.5M | $17.2M | — |
| Short | Ondo Perps WTI-USD.P | 91.460 | 0.0050 | get 0.0006% / 1h | 42m 44s | $3.5M | $5.8M | 20x |
Variational Omni CL
Ondo Perps WTI-USD.PPrice 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
- −$16.28
- Funding while held
- $1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$19.77
- Spread needed to break even
- 0.050%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.51
- 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 | 2.28 bp | doesn't fit | 2.8 bp −$28 | 5.3 bp −$528 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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)91.242cheapestGate91.450+0.228%
gTrade (Gains Network)
GateOndo Perps91.460+0.239%
Bitget91.486+0.267%OKX91.500+0.283%Binance91.502+0.285%Lighter91.503+0.286%Paradex91.510+0.293%Bybit91.510+0.294%Pacifica91.511+0.295%SoDEX91.515+0.299%tradeXYZ91.519+0.304%Aster91.520+0.305%StandX91.520+0.305%BloFin91.520+0.305%Aevo91.523+0.308%GMX91.525+0.310%Bullet91.529+0.315%Vest91.530+0.316%Deribit91.540+0.327%QFEX91.550+0.338%edgeX91.551+0.338%Kraken Futures91.552+0.340%KuCoin91.554+0.342%Extended91.560+0.349%Polymarket Perps91.561+0.350%Nado91.567+0.356%dYdX91.570+0.359%
Bitget
OKX
Binance
Lighter
Paradex
Bybit
Pacifica
SoDEX
tradeXYZ
Aster
StandX
BloFin
Aevo
GMX
Bullet
Vest
Deribit
QFEX
Kraken Futures
KuCoin
Extended
Polymarket Perps
Nado
dYdXVariational Omni91.609+0.402%
RISEx91.611+0.405%Phoenix91.630+0.425%ApeX Omni91.640+0.436%Aftermath Perps91.665+0.464%Coinbase International91.750+0.557%Injective92.595+1.483%
RISEx
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 | −0.401% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Gate CL_USDT | −0.174% | 0.0000% | 8h | $21.2M | $57.8M | 100x | as long as short |
| Ondo Perps WTI-USD.Pshort | −0.163% | +0.0050% | 1h | $3.5M | $5.8M | 20x | |
| Bitget CLUSDT | −0.134% | 0.0000% | 4h | $42.8M | $59.4M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.119% | 0.0000% | 4h | $43.5M | $103.3M | 50x | as long as short |
| Binance CLUSDT | −0.117% | 0.0000% | 4h | $246.7M | $977.0M | 100x | as long as short |
| Lighter WTI | −0.116% | −0.0032% | 1h | $11.0M | $11.9M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.109% | +0.0039% | 8h | $15K | — | 5x | as long as short |
| Bybit CLUSDT | −0.108% | 0.0000% | 8h | $25.0M | $90.4M | 150x | as long as short |
| Pacifica CL | −0.107% | +0.0100% | 1h | $346K | $344K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.103% | +0.0050% | 1h | $2.0M | $31K | 20x | as long as short |
| tradeXYZ xyz:CL | −0.098% | −0.0018% | 1h | $183.1M | $258.2M | 20x | as long as short |
| Aster CLUSD1 | −0.097% | 0.0000% | 4h | $24.8M | $62.7M | 20x | as long as short |
| StandX CL-USD | −0.097% | −0.0048% | 1h | $721K | $2.1M | 40x | as long as short |
| BloFin CL-USDT | −0.097% | +0.0240% | 4h | $4.2M | $1.4M | 50x | as long as short |
| Aevo WTIOIL-PERP | −0.094% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.092% | L +0.0221% / S −0.0150% | 1h | $83K | — | 111x | as long as short |
| Bullet WTIOIL-USD | −0.087% | 0.0000% | 1h | $19K | $247K | 10x | as long as short |
| Vest CL-PERP | −0.086% | +0.0046% | 1h | — | $86K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.075% | 0.0000% | 1h | $95K | $458K | 15x | as long as short |
| QFEX CL-USD | −0.065% | −0.0016% | 1h | $2.3M | $2.8M | 10x | as long as short |
| edgeX CLUSDC | −0.064% | −0.0088% | 4h | $524K | $331K | 30x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.062% | −0.0038% | 1h | $297K | $1.2M | 25x | as long as short |
| KuCoin CLUSDTM | −0.060% | +0.0100% | 4h | $7.5M | $856K | 50x | as long as short |
| Extended WTI-USD | −0.054% | +0.0032% | 1h | $2.1M | $30.5M | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.053% | +0.0050% | 1h | $1.6M | $1.5M | 20x | as long as short |
| Nado WTI-PERP | −0.046% | −0.0007% | 1h | $805K | $764K | 10x | as long as short |
| dYdX WTI-USD | −0.043% | 0.0000% | 1h | $5K | $126 | 5x | as long as short |
| Variational Omni CLlong | 0.000% | 0.0000% | 4h | $12.5M | $17.2M | — | |
| RISEx CL/USDC | +0.002% | 0.0000% | 1h | $3.0M | $2.4M | 20x | as long as short |
| Phoenix WTIOIL | +0.023% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.034% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.061% | −0.0053% | 1h | $2K | $36K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.154% | +0.0016% | 1h | $373K | $941K | 15x | as long as short |
| Injective WTI/USDC PERP | +1.076% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |