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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Aevo−0.103%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.103% cheaper against Aevo than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo CRCL-PERP94.3970.0104pay 0.0013% / 1h28m 59s$410x
ShortApeX Omni CRCLUSDT94.3000.0100get 0.0013% / 1h28m 59s$69K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
−$0.84
Price spread: −0.103% → 0.000%
−$10.27
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$37.11
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; ApeX Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell ApeX Omni no order-book sample
Aevo and ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRCL on 34 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
Coinbase International CRCL-PERP-INTX−0.0064%1h94.210−0.198%$942K$622K10xas long as short
Bybit CRCLUSDT0.0000%8h94.420+0.024%$15.5M$25.7M50xas long as short
Gate CRCL_USDT0.0000%8h94.410+0.014%$7.2M$27.0M50xas long as short
GRVT CRCL_USDT_Perp0.0000%8h94.462+0.069%$68K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h94.330−0.071%$1.0M$49K10xas long as short
Lighter RH CRCL+0.0032%1h94.403+0.006%$889K$2.8M10xas long as short
Bitget CRCLUSDT+0.0033%8h94.410+0.014%$17.0M$34.7M25xas long as short
Aftermath Perps CRCLUSD+0.0042%1h94.322−0.079%$2K$22K5xas long as short
QFEX CRCL-USD+0.0042%1h94.350−0.050%$1.4M$2.6M10xas long as short
Vest CRCL-USD-PERP+0.0046%1h94.280−0.124%$37K25xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CRCL+0.0050%1h94.343−0.057%$71.8M$42.2M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h94.369−0.030%$365K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h94.373−0.025%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h94.310−0.092%$1.0M$5.7M10xas long as short
Pacifica CRCL+0.0100%1h94.350−0.050%$76K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.410+0.014%$3.0M$1.9M20xas long as short
ApeX Omni CRCLUSDTshort+0.0100%1h94.300−0.103%$69K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.390−0.007%$941$3K10xas long as short
Aevo CRCL-PERPlong+0.0104%1h94.397long leg$410x
Paradex CRCL-USD-PERP+0.0105%8h94.412+0.016%$774$7405xas long as short
Variational Omni CRCL+0.0127%8h94.450+0.057%$2.5M$3.1Mas long as short
edgeX CRCLUSDC+0.0141%4h94.435+0.040%$24K$269K10xas long as short
OKX CRCL-USDT-SWAP+0.0151%8h94.460+0.067%$22.8M$59.5M50xas long as short
Extended CRCL_24_5-USD+0.0192%1h94.380−0.018%$1.1M$5.9M10xas long as short
Binance CRCLUSDT+0.0193%8h94.411+0.015%$109.4M$386.2M50xas long as short
Aster CRCLUSDT+0.0199%8h94.401+0.005%$1.1M$4.9M20xas long as short
Nado CRCL-PERP+0.0228%1h94.320−0.081%$132K$76K3xas long as short
Phoenix CRCL+0.0296%1h94.429+0.034%$28K$92K10xas long as short
Lighter CRCL+0.0304%1h94.416+0.020%$3.1M$2.2M10xas long as short
BloFin CRCL-USDT+0.0313%8h94.370−0.029%$1.1M$560K20xas long as short
Injective CRCL/USDC PERP+0.0440%1h94.890+0.522%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0492%1h94.380−0.018%$4K$769K10xas long as short
Arcus CRCL-USD+0.0521%1h94.360−0.039%$96K$273K10xas long as short
RISEx CRCL/USDC+0.0677%1h94.386−0.011%$431K$299K10xas long as short