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.