Settings8H · net · $10k
Funding arb · Price arb /

CRCLX

all CRCLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against HTX−0.022%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.022%, 7d avg −0.029%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CRCLX-USDT92.1700get 0.0000% / 8h5h 14m$197K$235K50x
ShortSunX CRCLX-USDT92.1500get 0.0000% / 8h5h 14m$1K$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.022% → −0.029%
$0.77
Slippage, 4 orders
−$64.04
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$83.27
Costs to cover
0.840%
Break-even
never at this rate
Slippage from HTX: live order book, 47 min ago; SunX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 47 min ago3.27 bp9.3 bp −$911.6 bp −$116doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago28.75 bp32.8 bp −$3362.6 bp −$626doesn't fitdoesn't fit

CRCLX on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CRCLX-USDTshort0.0000%8h92.150−0.022%$1K$3.0M10x
HTX CRCLX-USDTlong0.0000%8h92.170long leg$197K$235K50x
Kraken Futures PF_CRCLXUSD+0.0134%1h92.097−0.079%$1.4M$2.2M20xas long as short