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
$64.95
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.