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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0055%/8h= −6.0% APRnext payment $0.07 per $10,000 · paid last 24h −0.031%
Price spread now: Vest against Aftermath Perps−0.074%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 4 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 −$2 a day on $10k at the current rate, and Vest is 0.074% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CRCLUSD93.0580.0041pay 0.0005% / 1h54m 04s$2K$29K5x
ShortVest CRCL-USD-PERP92.990−0.0013pay 0.0002% / 1h54m 04s$30K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.46
Price spread: −0.074% → 0.000%
−$7.36
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$29.82
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample
Sell Vest no order-book sample
Aftermath Perps 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 exchanges

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−0.0048%1h92.950−0.117%$869K$749K10xas long as short
Vest CRCL-USD-PERPshort−0.0013%1h92.990−0.074%$30K25x
Bybit CRCLUSDT0.0000%8h93.100+0.045%$15.1M$25.1M50xas long as short
Bitget CRCLUSDT0.0000%8h93.130+0.077%$18.4M$33.4M25xas long as short
Deribit CRCL_USDC-PERPETUAL0.0000%1h93.070+0.012%$5K$417K10xas long as short
Phemex CRCLUSDT0.0000%4h93.120+0.066%$1.0M$45K10xas long as short
Lighter RH CRCL+0.0032%1h93.094+0.038%$1.0M$2.5M10xas long as short
Aftermath Perps CRCLUSDlong+0.0041%1h93.058long leg$2K$29K5x
tradeXYZ xyz:CRCL+0.0050%1h93.025−0.036%$68.0M$40.1M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h93.092+0.036%$382K$847K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CRCL-USD+0.0050%1h93.065+0.007%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h93.020−0.041%$1.0M$3.8M10xas long as short
QFEX CRCL-USD+0.0055%1h93.080+0.023%$1.3M$1.6M10xas long as short
Injective CRCL/USDC PERP+0.0072%1h92.090−1.041%$38K$172K30xas long as short
Pacifica CRCL+0.0100%1h93.080+0.023%$139K$141K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h93.130+0.077%$2.6M$1.6M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h93.070+0.012%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h93.090+0.034%$928$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h93.106+0.051%$410xas long as short
Gate CRCL_USDT+0.0109%8h93.150+0.098%$7.5M$25.2M50xas long as short
Paradex CRCL-USD-PERP+0.0124%8h93.089+0.032%$428$4775xas long as short
Phoenix CRCL+0.0199%1h93.194+0.146%$28K$66K10xas long as short
Arcus CRCL-USD+0.0214%1h93.090+0.034%$94K$214K10xas long as short
Lighter CRCL+0.0272%1h93.132+0.079%$3.0M$2.1M10xas long as short
Nado CRCL-PERP+0.0274%1h93.081+0.024%$155K$94K3xas long as short
Variational Omni CRCL+0.0312%8h93.131+0.078%$2.5M$3.3Mas long as short
OKX CRCL-USDT-SWAP+0.0329%8h93.070+0.012%$23.0M$57.0M50xas long as short
Aster CRCLUSDT+0.0386%8h93.132+0.079%$1.1M$4.5M20xas long as short
Extended CRCL_24_5-USD+0.0392%1h93.069+0.012%$1.1M$4.0M10xas long as short
Binance CRCLUSDT+0.0395%8h93.102+0.047%$107.8M$352.6M50xas long as short
BloFin CRCL-USDT+0.0515%8h93.160+0.109%$1.1M$1.7M20xas long as short
RISEx CRCL/USDC+0.0528%1h93.135+0.082%$418K$237K10xas long as short
GRVT CRCL_USDT_Perp+0.0813%8h93.170+0.120%$61K$1.0M10xas long as short
edgeX CRCLUSDC+0.0973%4h93.108+0.053%$53K$268K10xas long as short