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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0179%/8h= −19.6% APRnext payment $0.22 per $10,000 · paid last 24h −0.013%
Price spread now: Vest against Aevo−0.154%52s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.154% cheaper against Aevo than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo CRCL-PERP91.9620.0104pay 0.0013% / 1h5m 28s$410x
ShortVest CRCL-USD-PERP91.820−0.0075pay 0.0009% / 1h5m 28s$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$37.53
Price spread: −0.154% → 0.000%
−$15.43
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Vest: 1 bp × 2 orders
−$2
Net
−$70.96
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Vest: 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 Vest no order-book sample
Aevo and Vest: 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
Bitget CRCLUSDT−0.1037%8h92.050+0.096%$16.1M$34.6M25xas long as short
Vest CRCL-USD-PERPshort−0.0075%1h91.820−0.154%$31K25x
Coinbase International CRCL-PERP-INTX−0.0016%1h92.080+0.128%$908K$501K10xas long as short
Extended CRCL_24_5-USD0.0000%1h91.987+0.027%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h92.020+0.063%$105.1M$386.3M50xas long as short
Bybit CRCLUSDT0.0000%8h92.000+0.041%$15.2M$25.9M50xas long as short
RISEx CRCL/USDC0.0000%1h92.025+0.069%$420K$298K10xas long as short
Gate CRCL_USDT0.0000%8h92.040+0.085%$7.2M$27.0M50xas long as short
Variational Omni CRCL0.0000%8h91.967+0.006%$2.5M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h92.212+0.272%$68K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CRCL_USDC-PERPETUAL0.0000%1h91.980+0.020%$4K$767K10xas long as short
Phemex CRCLUSDT0.0000%4h92.060+0.107%$1.0M$49K10xas long as short
BloFin CRCL-USDT+0.0001%8h92.100+0.150%$1.1M$1.3M20xas long as short
Aster CRCLUSDT+0.0003%8h92.031+0.075%$1.1M$5.0M20xas long as short
OKX CRCL-USDT-SWAP+0.0007%8h92.030+0.074%$21.6M$59.7M50xas long as short
Aftermath Perps CRCLUSD+0.0023%1h92.053+0.099%$2K$24K5xas long as short
QFEX CRCL-USD+0.0023%1h91.970+0.009%$1.3M$2.1M10xas long as short
Lighter RH CRCL+0.0032%1h92.001+0.043%$976K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h92.040+0.085%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.978+0.018%$68.6M$41.4M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.957−0.005%$358K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.981+0.021%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.960−0.002%$1.0M$5.2M10xas long as short
Paradex CRCL-USD-PERP+0.0083%8h91.986+0.027%$754$7405xas long as short
Pacifica CRCL+0.0100%1h91.993+0.034%$133K$156K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.040+0.085%$2.8M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.140+0.194%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.010+0.052%$917$2K10xas long as short
Aevo CRCL-PERPlong+0.0104%1h91.962long leg$410x
Phoenix CRCL+0.0183%1h92.176+0.233%$27K$84K10xas long as short
Lighter CRCL+0.0216%1h92.011+0.053%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0221%1h91.979+0.019%$131K$104K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.530+0.618%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0528%4h92.093+0.143%$23K$249K10xas long as short