Arbitrage Monitor
Cross-venue price discrepancies for on-chain commodities
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$99.09
→
Sell on
TradeXYZ
CL-USD
$101.78
Spread
+2.72%
After Fees
+2.61%Different products: OIL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$96.61
→
Sell on
Kinetiq
USOIL-USD
$142.32
Spread
+47.32%
After Fees
+47.20%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$99.09
→
Sell on
Kinetiq
USOIL-USD
$142.32
Spread
+43.63%
After Fees
+43.52%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$101.78
→
Sell on
Kinetiq
USOIL-USD
$142.32
Spread
+39.83%
After Fees
+39.71%Different products: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$96.61
→
Sell on
TradeXYZ
CL-USD
$101.78
Spread
+5.36%
After Fees
+5.24%Different products: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$96.61
→
Sell on
Ostium
CL-USD
$99.09
Spread
+2.57%
After Fees
+2.46%Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$5.93
→
Sell on
Felix
COPPER-USD
$5.95
Spread
+0.43%
After Fees
+0.32%Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$5.93
→
Sell on
TradeXYZ
COPPER-USD
$5.95
Spread
+0.42%
After Fees
+0.31%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,589.70
→
Sell on
Kinetiq
GOLD-USD
$4,598.10
Spread
+0.18%
After Fees
+0.09%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,589.70
→
Sell on
TradeXYZ
GOLD-USD
$4,597.80
Spread
+0.18%
After Fees
+0.08%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,589.70
→
Sell on
Felix
GOLD-USD
$4,596.50
Spread
+0.15%
After Fees
+0.05%Different products: PAXG-USD vs XAU-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,589.70
→
Sell on
Ostium
XAU-USD
$4,596.05
Spread
+0.14%
After Fees
+0.05%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.