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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h +0.018%
Price spread now: Gate against ApeX Omni−0.229%51s7-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 7 days+0.064%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.229% cheaper against ApeX Omni than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CRCLUSDT91.9000.0100pay 0.0013% / 1h20m 39s$68K$4K50x
ShortGate CRCL_USDT91.690−0.0005pay 0.0005% / 8h6h 20m$7.1M$26.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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
−$22.05
Price spread: −0.229% → 0.000%
−$22.85
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.9
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Gate: live order book, 3 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 ApeX Omni no order-book sample
Sell Gate live order book, 3 min ago2.72 bp12.3 bp −$1229.9 bp −$299doesn't fitdoesn't fit
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 33 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−0.0732%8h91.800−0.109%$15.9M$35.5M25xas long as short
Vest CRCL-USD-PERP−0.0031%1h91.740−0.174%$40K25xas long as short
Coinbase International CRCL-PERP-INTX−0.0008%1h91.730−0.185%$913K$581K10xas long as short
Gate CRCL_USDTshort−0.0005%8h91.690−0.229%$7.1M$26.7M50x
Bybit CRCLUSDT0.0000%8h91.700−0.218%$15.0M$25.9M50xas long as short
RISEx CRCL/USDC0.0000%1h91.662−0.259%$419K$299K10xas long as short
Variational Omni CRCL0.0000%8h91.938+0.041%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.906+0.006%$63K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h91.930+0.033%$1.0M$49K10xas long as short
Aftermath Perps CRCLUSD+0.0025%1h91.988+0.096%$2K$23K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CRCL+0.0032%1h91.701−0.217%$975K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.9000.000%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.625−0.299%$68.9M$42.1M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.880−0.022%$355K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.890−0.011%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.770−0.141%$999K$5.5M10xas long as short
Binance CRCLUSDT+0.0053%8h91.662−0.260%$104.6M$393.6M50xas long as short
Extended CRCL_24_5-USD+0.0056%1h91.638−0.285%$1.1M$5.7M10xas long as short
QFEX CRCL-USD+0.0057%1h91.850−0.054%$1.3M$2.3M10xas long as short
OKX CRCL-USDT-SWAP+0.0060%8h91.720−0.196%$21.7M$60.1M50xas long as short
Aster CRCLUSDT+0.0063%8h91.772−0.140%$1.1M$4.9M20xas long as short
Paradex CRCL-USD-PERP+0.0074%8h91.663−0.258%$752$7405xas long as short
Pacifica CRCL+0.0100%1h91.696−0.222%$128K$153K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.720−0.196%$2.9M$1.9M20xas long as short
ApeX Omni CRCLUSDTlong+0.0100%1h91.900long leg$68K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.910+0.011%$916$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.935+0.038%$410xas long as short
edgeX CRCLUSDC+0.0141%4h91.897−0.003%$23K$267K10xas long as short
Nado CRCL-PERP+0.0156%1h91.925+0.027%$131K$103K3xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0185%1h91.930+0.033%$4K$769K10xas long as short
Lighter CRCL+0.0208%1h91.708−0.209%$3.0M$2.4M10xas long as short
Phoenix CRCL+0.0231%1h91.850−0.054%$27K$92K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.500+0.653%$5K$19K30xas long as short