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
$64.95
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+8.46%
After Fees
+8.34%🥇
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%🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$4,159.10
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.56%
After Fees
+4.44%🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$74.97
→
Sell on
TradeXYZ
CL-USD
$78.11
Spread
+4.18%
After Fees
+4.07%🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.34
→
Sell on
TradeXYZ
COPPER-USD
$6.46
Spread
+1.95%
After Fees
+1.83%🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$64.81
→
Sell on
TradeXYZ
SILVER-USD
$64.95
Spread
+0.22%
After Fees
+0.10%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$74.97
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+52.19%
After Fees
+52.08%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
$78.11
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+46.08%
After Fees
+45.96%Different products: SILVER-USD vs XAG-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$64.81
→
Sell on
Ostium
XAG-USD
$67.94
Spread
+4.83%
After Fees
+4.72%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,152.00
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.74%
After Fees
+4.64%Different products: SILVER-USD vs XAG-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$64.95
→
Sell on
Ostium
XAG-USD
$67.94
Spread
+4.60%
After Fees
+4.49%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$67.94
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+3.69%
After Fees
+3.58%Different products: PAXG-USD vs XAU-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,152.00
→
Sell on
Ostium
XAU-USD
$4,257.85
Spread
+2.55%
After Fees
+2.46%Different products: GOLD-USD vs XAU-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,156.10
→
Sell on
Ostium
XAU-USD
$4,257.85
Spread
+2.45%
After Fees
+2.34%Different products: GOLD-USD vs XAU-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$4,159.10
→
Sell on
Ostium
XAU-USD
$4,257.85
Spread
+2.37%
After Fees
+2.26%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,257.85
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+2.14%
After Fees
+2.03%Different products: CL-USD vs OIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$74.97
→
Sell on
Felix
OIL-USD
$76.56
Spread
+2.12%
After Fees
+2.01%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
$78.11
Spread
+2.02%
After Fees
+1.90%Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$6.37
→
Sell on
TradeXYZ
COPPER-USD
$6.46
Spread
+1.49%
After Fees
+1.38%Different products: COPPER-USD vs HG-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.34
→
Sell on
Ostium
HG-USD
$6.37
Spread
+0.45%
After Fees
+0.34%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,152.00
→
Sell on
TradeXYZ
GOLD-USD
$4,159.10
Spread
+0.17%
After Fees
+0.08%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.