CrudeAlpha
CLCrude Oil$68.42+1.2%GCGold$2,934+0.8%SISilver$32.80-0.3%NGNat Gas$4.12+3.1%HGCopper$4.28+0.5%PLPlatinum$1,012-0.7%PAPalladium$962-1.1%HOHeating Oil$2.18+0.9%CLCrude Oil$68.42+1.2%GCGold$2,934+0.8%SISilver$32.80-0.3%NGNat Gas$4.12+3.1%HGCopper$4.28+0.5%PLPlatinum$1,012-0.7%PAPalladium$962-1.1%HOHeating Oil$2.18+0.9%

Arbitrage Monitor

Cross-venue price discrepancies for on-chain commodities

🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$64.81
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+8.70%
After Fees
+8.58%
🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$64.88
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+8.58%
After Fees
+8.46%
🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$4,154.30
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.68%
After Fees
+4.56%
🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,156.10
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.64%
After Fees
+4.52%
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$76.48
Sell on
TradeXYZ
CL-USD
$77.96
Spread
+1.94%
After Fees
+1.83%
🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.34
Sell on
TradeXYZ
COPPER-USD
$6.45
Spread
+1.82%
After Fees
+1.70%
🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$64.81
Sell on
TradeXYZ
SILVER-USD
$64.88
Spread
+0.11%
After Fees
-0.01%
Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$76.48
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+49.19%
After Fees
+49.08%
Different products: OIL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.56
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+49.03%
After Fees
+48.91%
Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$77.96
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+46.36%
After Fees
+46.24%
Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$64.83
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+8.67%
After Fees
+8.56%
Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,147.60
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.85%
After Fees
+4.76%
Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,155.53
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.65%
After Fees
+4.54%
Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$6.33
Sell on
TradeXYZ
COPPER-USD
$6.45
Spread
+1.86%
After Fees
+1.75%
Different products: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.56
Sell on
TradeXYZ
CL-USD
$77.96
Spread
+1.83%
After Fees
+1.71%
Different products: GAS-USD vs NATGAS-USD — different oracles/benchmarks, not a true arbitrage
Natural Gas
NG
Buy on
Felix
GAS-USD
$3.25
Sell on
TradeXYZ
NATGAS-USD
$3.26
Spread
+0.22%
After Fees
+0.10%
Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,147.60
Sell on
Felix
GOLD-USD
$4,156.10
Spread
+0.20%
After Fees
+0.11%
Different products: PAXG-USD vs XAU-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,147.60
Sell on
Ostium
XAU-USD
$4,155.53
Spread
+0.19%
After Fees
+0.11%
Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,147.60
Sell on
TradeXYZ
GOLD-USD
$4,154.30
Spread
+0.16%
After Fees
+0.07%
Different products: CL-USD vs OIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$76.48
Sell on
Felix
OIL-USD
$76.56
Spread
+0.11%
After Fees
-0.00%

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.