Spread before costs (cost unknown: a leg has no order-book sample)−0.038%
7d average—if it closes, per $10,000$4funding while held, a day−$2.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CL-PERP | 91.920 | 0.0046 | pay 0.0006% / 1h | 25m 54s | — | $243K | 10x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 91.885 | L +0.0133% / S +0.0028% | pay 0.0004% / 1h | 25m 54s | $78K | — | 111x |
Vest CL-PERP
GMX WTIOIL/USD [ETH-USDC]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
- −$3.81
- Funding while held
- −$2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$20.03
- Spread needed to break even
- 0.140%
Slippage unknown: Vest: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0074%
- Per $10,000 a day
- −$2.22
- 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 GMX no order-book sample | — | — | — | — | — |
Vest and GMX: 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.Variational Omni91.590cheapestgTrade (Gains Network)91.613+0.025%edgeX91.707+0.128%Aftermath Perps91.747+0.172%Phoenix91.760+0.186%ApeX Omni91.770+0.196%StandX91.780+0.207%BloFin91.780+0.207%Ondo Perps91.800+0.229%Paradex91.825+0.256%Pacifica91.836+0.268%QFEX91.840+0.273%dYdX91.851+0.284%Nado91.853+0.287%Coinbase International91.860+0.295%Polymarket Perps91.868+0.303%Aevo91.874+0.310%
Variational Omni
gTrade (Gains Network)
Phoenix
ApeX Omni
StandX
BloFin
Ondo Perps
Paradex
Pacifica
QFEX
dYdX
Nado
Coinbase International
Polymarket Perps
AevoGMX91.885+0.322%
Bullet91.886+0.323%RISEx91.888+0.325%Gate91.910+0.349%SoDEX91.913+0.353%
Bullet
RISEx
Gate
SoDEXVest91.920+0.360%
Deribit91.920+0.360%Lighter91.926+0.367%Kraken Futures91.930+0.371%Aster91.948+0.391%KuCoin91.958+0.402%Bitget91.960+0.404%Extended91.970+0.415%Binance91.979+0.425%Bybit91.990+0.437%OKX92.010+0.459%tradeXYZ92.041+0.492%Injective92.595+1.097%
Deribit
Lighter
Kraken Futures
Aster
KuCoin
Bitget
Extended
Binance
Bybit
OKX
tradeXYZ
InjectiveCL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni CL | −0.359% | 0.0000% | 4h | $13.2M | $17.9M | — | as long as short |
| gTrade (Gains Network) WTI/USD | −0.334% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| edgeX CLUSDC | −0.232% | +0.0014% | 4h | $527K | $351K | 30x | as long as short |
| Aftermath Perps WTIUSD | −0.188% | −0.0078% | 1h | $2K | $35K | 5x | as long as short |
| Phoenix WTIOIL | −0.174% | 0.0000% | 1h | $33K | $271K | 20x | as long as short |
| ApeX Omni CLUSDT | −0.163% | +0.0100% | 1h | $55K | $271K | 50x | as long as short |
| StandX CL-USD | −0.152% | +0.0040% | 1h | $721K | $2.3M | 40x | as long as short |
| BloFin CL-USDT | −0.152% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.131% | −0.0061% | 1h | $3.4M | $6.0M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.104% | +0.0018% | 8h | $15K | $275 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CL | −0.092% | +0.0100% | 1h | $330K | $391K | 10x | as long as short |
| QFEX CL-USD | −0.087% | −0.0025% | 1h | $2.4M | $2.9M | 10x | as long as short |
| dYdX WTI-USD | −0.076% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
| Nado WTI-PERP | −0.073% | −0.0039% | 1h | $821K | $725K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.065% | +0.0032% | 1h | $394K | $1.0M | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.057% | +0.0050% | 1h | $1.6M | $1.3M | 20x | as long as short |
| Aevo WTIOIL-PERP | −0.050% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | −0.038% | L +0.0133% / S +0.0028% | 1h | $78K | — | 111x | |
| Bullet WTIOIL-USD | −0.037% | −0.0010% | 1h | $19K | $248K | 10x | as long as short |
| RISEx CL/USDC | −0.035% | 0.0000% | 1h | $3.1M | $2.5M | 20x | as long as short |
| Gate CL_USDT | −0.011% | 0.0000% | 8h | $21.2M | $60.0M | 100x | as long as short |
| SoDEX CL-USD | −0.008% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Vest CL-PERPlong | 0.000% | +0.0046% | 1h | — | $243K | 10x | |
| Deribit WTIOIL_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $95K | $478K | 15x | as long as short |
| Lighter WTI | +0.007% | −0.0024% | 1h | $11.1M | $12.3M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.011% | −0.0091% | 1h | $272K | $1.3M | 25x | as long as short |
| Aster CLUSD1 | +0.031% | −0.0089% | 4h | $24.9M | $63.9M | 20x | as long as short |
| KuCoin CLUSDTM | +0.041% | +0.0100% | 4h | $7.6M | $869K | 50x | as long as short |
| Bitget CLUSDT | +0.044% | 0.0000% | 4h | $42.5M | $62.1M | 100x | as long as short |
| Extended WTI-USD | +0.054% | +0.0032% | 1h | $1.9M | $30.2M | 10x | as long as short |
| Binance CLUSDT | +0.065% | −0.0018% | 4h | $246.6M | $1.01B | 100x | as long as short |
| Bybit CLUSDT | +0.076% | 0.0000% | 8h | $25.4M | $93.9M | 150x | as long as short |
| OKX CL-USDT-SWAP | +0.098% | 0.0000% | 4h | $43.3M | $108.2M | 50x | as long as short |
| tradeXYZ xyz:CL | +0.132% | −0.0011% | 1h | $183.8M | $264.9M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.734% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |