WTI Crude Oil (WTIUSD) perpetual futures
5 tracked venues quote WTI Crude Oil perpetual contracts.
What the WTIUSD data shows
Funding direction differs by venue: longs pay on Extended; longs receive on Hyperliquid. The rates run from +3.50% a year on Extended to -36.74% on Hyperliquid.
Hyperliquid holds 98.1% of the $135.5m in reported WTIUSD open interest. Extended is next with 1.9%.
Extended quoted WTIUSD at $90.92 and Ostium at $90.39, a gap of 59.3 bps.
Reported 24-hour WTIUSD volume was $121.7m, which is 89.8% of the open interest.
- Source: public feeds of 5 tracked venues for WTIUSD, read when this page was generated.
Where to Trade WTI Crude Oil (WTIUSD) Perpetual Futures
Fees and leverage limits apply venue-wide; check WTIUSD terms with the venue.
WTI Crude Oil (WTIUSD) market overview
West Texas Intermediate crude oil is the benchmark for US oil pricing and one of the world's most actively traded commodity derivatives. WTIUSD perpetual futures offer decentralized access to crude oil markets, with prices driven by OPEC+ production decisions, US EIA inventory reports, global economic growth expectations, and geopolitical developments in major producing regions.
Crude oil's underlying is a futures curve, not a spot tape, so the oracle behind WTIUSD perps tracks exchange futures pricing and venues levy roll-related adjustments derived from the term structure — a cost crypto traders do not encounter elsewhere. Add commodity market hours and weekend gap risk, and position sizing deserves extra margin headroom.
Frequently Asked Questions — WTI Crude Oil (WTIUSD)
What open interest data is available for WTIUSD?
2 venues report positive WTIUSD open interest in this read.
The WTIUSD total leaves out venues outside the read.
How does a WTI Crude Oil perpetual futures contract differ from the underlying asset?
A WTI Crude Oil perpetual tracks the WTI Crude Oil price, with no expiry date and no ownership of WTI Crude Oil.
Check each venue for WTI Crude Oil trading hours and the price source.
Category: Commodity