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+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.018%
Price spread now: Extended against Aftermath Perps+0.031%7-day average · you sell dearer than you buy
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 airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.031% dearer against Aftermath Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CRCLUSD94.2400.0044pay 0.0005% / 1h37m 08s$2K$22K5x
ShortExtended CRCL_24_5-USD94.2700.0208get 0.0026% / 1h37m 08s$1.1M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aftermath Perps. 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
$34.47
Price spread: +0.031% → 0.000%
$3.14
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$23.62
Costs to cover
0.140%
Break-even
2.2 days
Slippage unknown: Aftermath Perps: no order-book sample; Extended: live order book, 2 min ago. 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 Aftermath Perps no order-book sample
Sell Extended live order book, 2 min ago0.90 bp5.7 bp −$619.4 bp −$194doesn't fitdoesn't fit
Aftermath Perps: 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%1h94.100−0.149%$941K$619K10xas long as short
Gate CRCL_USDT0.0000%8h94.320+0.085%$7.2M$27.0M50xas long as short
GRVT CRCL_USDT_Perp0.0000%8h94.341+0.107%$68K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h94.260+0.021%$1.0M$51K10xas long as short
Bybit CRCLUSDT+0.0030%8h94.310+0.074%$15.5M$25.8M50xas long as short
Lighter RH CRCL+0.0032%1h94.299+0.063%$891K$2.8M10xas long as short
QFEX CRCL-USD+0.0042%1h94.260+0.021%$1.4M$2.7M10xas long as short
Aftermath Perps CRCLUSDlong+0.0044%1h94.240long leg$2K$22K5x
Vest CRCL-USD-PERP+0.0046%1h94.150−0.096%$37K25xas long as short
tradeXYZ xyz:CRCL+0.0050%1h94.231−0.010%$71.7M$42.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CRCL-USD+0.0050%1h94.248+0.008%$365K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h94.267+0.029%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h94.170−0.074%$1.1M$5.7M10xas long as short
Bitget CRCLUSDT+0.0071%8h94.330+0.095%$17.0M$34.9M25xas long as short
Pacifica CRCL+0.0100%1h94.213−0.028%$75K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.350+0.117%$3.0M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h94.220−0.021%$69K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.290+0.053%$940$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h94.299+0.063%$410xas long as short
Paradex CRCL-USD-PERP+0.0108%8h94.265+0.027%$773$7405xas long as short
Variational Omni CRCL+0.0149%8h94.220−0.021%$2.5M$3.1Mas long as short
OKX CRCL-USDT-SWAP+0.0158%8h94.330+0.095%$22.8M$60.1M50xas long as short
Binance CRCLUSDT+0.0204%8h94.305+0.069%$109.3M$387.5M50xas long as short
Extended CRCL_24_5-USDshort+0.0208%1h94.270+0.031%$1.1M$5.3M10x
Aster CRCLUSDT+0.0211%8h94.281+0.044%$1.1M$4.9M20xas long as short
Nado CRCL-PERP+0.0228%1h94.180−0.064%$132K$76K3xas long as short
Phoenix CRCL+0.0296%1h94.226−0.015%$28K$92K10xas long as short
Lighter CRCL+0.0296%1h94.312+0.076%$3.0M$2.2M10xas long as short
BloFin CRCL-USDT+0.0324%8h94.310+0.074%$1.1M$560K20xas long as short
Injective CRCL/USDC PERP+0.0440%1h94.730+0.520%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0464%4h94.309+0.073%$24K$268K10xas long as short
Arcus CRCL-USD+0.0521%1h94.2400.000%$96K$276K10xas long as short
RISEx CRCL/USDC+0.0677%1h94.274+0.036%$430K$299K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0705%1h94.290+0.053%$4K$772K10xas long as short