Arbitrage Monitor
Cross-venue price discrepancies for on-chain commodities
🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$49.37
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+42.71%
After Fees
+42.59%🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$49.37
→
Sell on
Felix
SILVER-USD
$65.65
Spread
+32.98%
After Fees
+32.86%🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$3,923.00
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+10.85%
After Fees
+10.73%🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$65.65
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+7.31%
After Fees
+7.19%🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$3,923.00
→
Sell on
Felix
GOLD-USD
$4,153.20
Spread
+5.87%
After Fees
+5.75%🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,153.20
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.71%
After Fees
+4.59%🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$96.44
→
Sell on
TradeXYZ
CL-USD
$97.43
Spread
+1.02%
After Fees
+0.91%🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.33
→
Sell on
TradeXYZ
COPPER-USD
$6.39
Spread
+0.99%
After Fees
+0.87%Different products: OIL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.40
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+49.35%
After Fees
+49.23%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$49.34
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+42.79%
After Fees
+42.68%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$49.34
→
Sell on
Felix
SILVER-USD
$65.65
Spread
+33.06%
After Fees
+32.95%Different products: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.40
→
Sell on
TradeXYZ
CL-USD
$97.43
Spread
+27.53%
After Fees
+27.41%Different products: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.40
→
Sell on
Ostium
CL-USD
$96.44
Spread
+26.24%
After Fees
+26.13%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$96.44
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+18.31%
After Fees
+18.20%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$97.43
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+17.11%
After Fees
+16.99%Different products: NATGAS-USD vs GAS-USD — different oracles/benchmarks, not a true arbitrage
⛽
Natural Gas
NG
Buy on
TradeXYZ
NATGAS-USD
$2.88
→
Sell on
Felix
GAS-USD
$3.24
Spread
+12.71%
After Fees
+12.59%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$3,922.26
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+10.87%
After Fees
+10.76%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$3,925.70
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+10.78%
After Fees
+10.68%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$3,922.26
→
Sell on
Felix
GOLD-USD
$4,153.20
Spread
+5.89%
After Fees
+5.78%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$3,925.70
→
Sell on
Felix
GOLD-USD
$4,153.20
Spread
+5.80%
After Fees
+5.70%Different products: COPPER-USD vs HG-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.33
→
Sell on
Ostium
HG-USD
$6.38
Spread
+0.79%
After Fees
+0.68%Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$6.38
→
Sell on
TradeXYZ
COPPER-USD
$6.39
Spread
+0.20%
After Fees
+0.09%Understanding Oil Tickers
CL (TradeXYZ, Ostium) — WTI Crude Oil Futures. Tracks the CME CL front-month contract. Most widely traded crude benchmark.
OIL (Felix) — Crude Oil index. May use a blended oracle (WTI/Brent). Check Felix docs for oracle source.
USOIL (Kinetiq) — US Oil spot-referenced. Often tracks WTI spot but with a different oracle provider, which can cause persistent price differences vs CL futures.
Price differences between CL, OIL, and USOIL do not represent arbitrage opportunities — they are different products with different oracles. Only compare same-ticker pairs for true arbitrage.