Spread before costs (cost unknown: a leg has no order-book sample)−0.369%
7d average—if it closes, per $10,000$37funding while held, a day−$2.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CL-PERP | 92.560 | 0.0046 | pay 0.0006% / 1h | 5m 55s | — | $243K | 10x |
| Short | gTrade (Gains Network) WTI/USD | 92.218 | L −0.0038% / S +0.0036% | pay 0.0005% / 1h | 5m 55s | $179K | — | 150x |
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
- −$36.95
- Funding while held
- −$2.45
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Net
- −$49.4
- Spread needed to break even
- 0.100%
Slippage unknown: Vest: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0082%
- Per $10,000 a day
- −$2.45
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle venue), 20 min ago | 130.00 bp | 134.0 bp −$134 | 192.8 bp −$1,928 | 1368.8 bp −$136.9K | doesn't fit |
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.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/USDshort | −0.369% | L −0.0038% / S +0.0036% | 1h | $179K | — | 150x | |
| StandX CL-USD | −0.335% | +0.0040% | 1h | $727K | $2.5M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.238% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| BloFin CL-USDT | −0.173% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Variational Omni CL | −0.164% | −0.0030% | 4h | $13.6M | $17.2M | — | as long as short |
| Gate CL_USDT | −0.162% | 0.0000% | 8h | $21.1M | $61.7M | 100x | as long as short |
| edgeX CLUSDC | −0.151% | +0.0010% | 4h | $531K | $351K | 30x | as long as short |
| Aftermath Perps WTIUSD | −0.130% | −0.0073% | 1h | $2K | $34K | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.119% | −0.0010% | 1h | $3.5M | $6.2M | 20x | as long as short |
| Binance CLUSDT | −0.108% | −0.0049% | 4h | $245.2M | $1.04B | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.108% | 0.0000% | 4h | $43.4M | $111.8M | 50x | as long as short |
| Bitget CLUSDT | −0.102% | 0.0000% | 4h | $42.6M | $63.3M | 100x | as long as short |
| Paradex CL-USD-PERP | −0.100% | +0.0038% | 8h | $15K | $367 | 5x | as long as short |
| dYdX WTI-USD | −0.094% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.092% | L +0.0130% / S +0.0031% | 1h | $79K | — | 111x | as long as short |
| Bullet WTIOIL-USD | −0.088% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Phoenix WTIOIL | −0.086% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Aster CLUSD1 | −0.083% | −0.0075% | 4h | $25.0M | $70.6M | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.083% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Bybit CLUSDT | −0.078% | 0.0000% | 8h | $25.1M | $95.3M | 150x | as long as short |
| QFEX CL-USD | −0.076% | −0.0022% | 1h | $2.4M | $2.8M | 10x | as long as short |
| KuCoin CLUSDTM | −0.075% | +0.0100% | 4h | $7.6M | $1.1M | 50x | as long as short |
| SoDEX CL-USD | −0.070% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| Pacifica CL | −0.067% | +0.0100% | 1h | $312K | $537K | 10x | as long as short |
| Lighter WTI | −0.066% | +0.0008% | 1h | $11.2M | $12.8M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.065% | −0.0182% | 1h | $96K | $463K | 15x | as long as short |
| tradeXYZ xyz:CL | −0.058% | +0.0050% | 1h | $186.2M | $281.3M | 20x | as long as short |
| Extended WTI-USD | −0.054% | +0.0032% | 1h | $1.9M | $30.0M | 10x | as long as short |
| ApeX Omni CLUSDT | −0.054% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Nado WTI-PERP | −0.053% | +0.0002% | 1h | $832K | $736K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.043% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.038% | +0.0064% | 1h | $259K | $1.3M | 25x | as long as short |
| Vest CL-PERPlong | 0.000% | +0.0046% | 1h | — | $243K | 10x | |
| Injective WTI/USDC PERP | +0.038% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |
| RISEx CL/USDC | +0.039% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
gTrade (Gains Network) WTI/USD
StandX
Coinbase International
BloFin
Variational Omni
Gate
Binance
OKX
Bitget
Paradex
GMX
Bullet
Phoenix
Aster
Bybit
KuCoin
SoDEX
Pacifica
Lighter
Deribit
tradeXYZ
Extended
ApeX Omni
Polymarket Perps
Kraken Futures
Injective
RISEx