Arbitrage Monitor
Cross-venue price discrepancies for on-chain commodities
🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$59.56
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+18.29%
After Fees
+18.17%🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$59.56
→
Sell on
Felix
SILVER-USD
$65.65
Spread
+10.23%
After Fees
+10.11%🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$65.65
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+7.31%
After Fees
+7.19%🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$4,081.50
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+6.55%
After Fees
+6.43%🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.33
→
Sell on
TradeXYZ
COPPER-USD
$6.63
Spread
+4.81%
After Fees
+4.69%🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,153.20
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+4.71%
After Fees
+4.59%🥇
Gold
XAU
Buy on
TradeXYZ
GOLD-USD
$4,081.50
→
Sell on
Felix
GOLD-USD
$4,153.20
Spread
+1.76%
After Fees
+1.64%🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$74.47
→
Sell on
TradeXYZ
CL-USD
$75.21
Spread
+0.99%
After Fees
+0.88%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$74.47
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+53.21%
After Fees
+53.10%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$75.21
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+51.70%
After Fees
+51.58%Different products: OIL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.40
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+49.35%
After Fees
+49.23%Different products: NATGAS-USD vs GAS-USD — different oracles/benchmarks, not a true arbitrage
⛽
Natural Gas
NG
Buy on
TradeXYZ
NATGAS-USD
$2.69
→
Sell on
Felix
GAS-USD
$3.24
Spread
+20.48%
After Fees
+20.36%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$59.52
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+18.37%
After Fees
+18.26%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$59.52
→
Sell on
Felix
SILVER-USD
$65.65
Spread
+10.30%
After Fees
+10.19%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,073.00
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+6.77%
After Fees
+6.68%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,077.26
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+6.66%
After Fees
+6.55%Different products: COPPER-USD vs HG-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.33
→
Sell on
Ostium
HG-USD
$6.62
Spread
+4.53%
After Fees
+4.42%Different products: CL-USD vs OIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$74.47
→
Sell on
Felix
OIL-USD
$76.40
Spread
+2.59%
After Fees
+2.48%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,073.00
→
Sell on
Felix
GOLD-USD
$4,153.20
Spread
+1.97%
After Fees
+1.87%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,077.26
→
Sell on
Felix
GOLD-USD
$4,153.20
Spread
+1.86%
After Fees
+1.75%Different products: CL-USD vs OIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$75.21
→
Sell on
Felix
OIL-USD
$76.40
Spread
+1.58%
After Fees
+1.46%Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$6.62
→
Sell on
TradeXYZ
COPPER-USD
$6.63
Spread
+0.27%
After Fees
+0.16%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,073.00
→
Sell on
TradeXYZ
GOLD-USD
$4,081.50
Spread
+0.21%
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
$4,073.00
→
Sell on
Ostium
XAU-USD
$4,077.26
Spread
+0.10%
After Fees
+0.02%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,077.26
→
Sell on
TradeXYZ
GOLD-USD
$4,081.50
Spread
+0.10%
After Fees
-0.01%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.