Crude Oil (WTI) perpetual|$96.6▼ −2.38%(−$2.36)

Leverage cuts both ways. Real liquidations can fire before the thresholds shown here if maintenance margin is breached, so treat these as ballpark estimates rather than guarantees.

Related perpetuals

Brent Crude Oil

BRENTOIL

Natural Gas

NATGAS

About

West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX). The WTI oil grade is also known as Texas light sweet. Oil produced from any location can be considered WTI if the oil meets the required qualifications. Spot and futures prices of WTI are used as a benchmark in oil pricing. This grade is described as light crude oil because of its low density and sweet because of its low sulfur content.

⚠Worth knowing

Leverage cuts both ways.

• You can be liquidated in a single move if your losses exceed your collateral.
• Funding fees apply every hour, charged by whichever side is more crowded.
• You don't own CL or any underlying claim — no dividends, no voting rights.

Speaking the language

Hover any term for a one-line explanation.