Arbitrage Monitor
Cross-venue price discrepancies for on-chain commodities
🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$65.65
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+7.31%
After Fees
+7.19%🥈
Silver
XAG
Buy on
TradeXYZ
SILVER-USD
$66.38
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+6.13%
After Fees
+6.01%🔶
Copper
HG
Buy on
Felix
COPPER-USD
$6.33
→
Sell on
TradeXYZ
COPPER-USD
$6.71
Spread
+5.98%
After Fees
+5.86%🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,153.20
→
Sell on
TradeXYZ
GOLD-USD
$4,381.80
Spread
+5.50%
After Fees
+5.38%🥇
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%🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$95.26
→
Sell on
Ostium
CL-USD
$96.63
Spread
+1.44%
After Fees
+1.33%🥈
Silver
XAG
Buy on
Felix
SILVER-USD
$65.65
→
Sell on
TradeXYZ
SILVER-USD
$66.38
Spread
+1.11%
After Fees
+0.99%🥇
Gold
XAU
Buy on
Kinetiq
GOLD-USD
$4,348.80
→
Sell on
TradeXYZ
GOLD-USD
$4,381.80
Spread
+0.76%
After Fees
+0.64%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: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.40
→
Sell on
Ostium
CL-USD
$96.63
Spread
+26.47%
After Fees
+26.36%Different products: OIL-USD vs CL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Felix
OIL-USD
$76.40
→
Sell on
TradeXYZ
CL-USD
$95.26
Spread
+24.68%
After Fees
+24.56%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
TradeXYZ
CL-USD
$95.26
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+19.78%
After Fees
+19.66%Different products: CL-USD vs USOIL-USD — different oracles/benchmarks, not a true arbitrage
🛢️
Crude Oil
CL
Buy on
Ostium
CL-USD
$96.63
→
Sell on
Kinetiq
USOIL-USD
$114.10
Spread
+18.08%
After Fees
+17.97%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$65.22
→
Sell on
Kinetiq
SILVER-USD
$70.45
Spread
+8.01%
After Fees
+7.90%Different products: NATGAS-USD vs GAS-USD — different oracles/benchmarks, not a true arbitrage
⛽
Natural Gas
NG
Buy on
TradeXYZ
NATGAS-USD
$3.04
→
Sell on
Felix
GAS-USD
$3.24
Spread
+6.80%
After Fees
+6.68%Different products: GOLD-USD vs PAXG-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,153.20
→
Sell on
Hyperliquid
PAXG-USD
$4,373.20
Spread
+5.30%
After Fees
+5.20%Different products: GOLD-USD vs XAU-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Felix
GOLD-USD
$4,153.20
→
Sell on
Ostium
XAU-USD
$4,341.81
Spread
+4.54%
After Fees
+4.43%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
$6.58
Spread
+3.93%
After Fees
+3.82%Different products: HG-USD vs COPPER-USD — different oracles/benchmarks, not a true arbitrage
🔶
Copper
HG
Buy on
Ostium
HG-USD
$6.58
→
Sell on
TradeXYZ
COPPER-USD
$6.71
Spread
+1.97%
After Fees
+1.86%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$65.22
→
Sell on
TradeXYZ
SILVER-USD
$66.38
Spread
+1.77%
After Fees
+1.66%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,341.81
→
Sell on
TradeXYZ
GOLD-USD
$4,381.80
Spread
+0.92%
After Fees
+0.81%Different products: XAU-USD vs PAXG-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,341.81
→
Sell on
Hyperliquid
PAXG-USD
$4,373.20
Spread
+0.72%
After Fees
+0.64%Different products: XAG-USD vs SILVER-USD — different oracles/benchmarks, not a true arbitrage
🥈
Silver
XAG
Buy on
Ostium
XAG-USD
$65.22
→
Sell on
Felix
SILVER-USD
$65.65
Spread
+0.65%
After Fees
+0.54%Different products: GOLD-USD vs PAXG-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Kinetiq
GOLD-USD
$4,348.80
→
Sell on
Hyperliquid
PAXG-USD
$4,373.20
Spread
+0.56%
After Fees
+0.47%Different products: PAXG-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Hyperliquid
PAXG-USD
$4,373.20
→
Sell on
TradeXYZ
GOLD-USD
$4,381.80
Spread
+0.20%
After Fees
+0.10%Different products: XAU-USD vs GOLD-USD — different oracles/benchmarks, not a true arbitrage
🥇
Gold
XAU
Buy on
Ostium
XAU-USD
$4,341.81
→
Sell on
Kinetiq
GOLD-USD
$4,348.80
Spread
+0.16%
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.