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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.003%
Price spread now: tradeXYZ against ApeX Omni+0.324%105s7-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 7 days−0.013%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. tradeXYZ is 0.324% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.324% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.013% in total) that is about 6 months. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CRCLUSDT92.5500.0100pay 0.0013% / 1h3m 52s$68K$4K50x
ShorttradeXYZ xyz:CRCL92.8500.0050get 0.0006% / 1h3m 52s$67.9M$40.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$10.5
Price spread: +0.324% → 0.000%
$32.41
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$6.09
Costs to cover
0.280%
Break-even
from the start
Slippage unknown: ApeX Omni: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago0.54 bp10.2 bp −$10doesn't fitdoesn'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 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
Vest CRCL-USD-PERP−0.0021%1h92.800+0.270%$30K25xas long as short
Bybit CRCLUSDT0.0000%8h92.920+0.400%$15.1M$25.1M50xas long as short
Bitget CRCLUSDT0.0000%8h92.950+0.432%$18.2M$33.7M25xas long as short
Phemex CRCLUSDT0.0000%4h92.970+0.454%$1.0M$45K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0008%1h92.890+0.367%$860K$702K10xas long as short
Lighter RH CRCL+0.0032%1h92.996+0.482%$1.0M$2.5M10xas long as short
Aftermath Perps CRCLUSD+0.0041%1h92.685+0.146%$2K$29K5xas long as short
tradeXYZ xyz:CRCLshort+0.0050%1h92.850+0.324%$67.9M$40.1M10x
Polymarket Perps CRCL-USD+0.0050%1h92.968+0.452%$382K$847K10xas long as short
SoDEX CRCL-USD+0.0050%1h92.968+0.452%$47K$3K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CRCL-USD.P+0.0050%1h92.910+0.389%$1.1M$3.8M10xas long as short
QFEX CRCL-USD+0.0080%1h92.950+0.432%$1.3M$1.6M10xas long as short
Gate CRCL_USDT+0.0096%8h92.970+0.454%$7.4M$26.1M50xas long as short
Pacifica CRCL+0.0100%1h92.960+0.443%$139K$141K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.920+0.400%$2.6M$1.6M20xas long as short
ApeX Omni CRCLUSDTlong+0.0100%1h92.550long leg$68K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.990+0.475%$927$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h93.011+0.499%$410xas long as short
Paradex CRCL-USD-PERP+0.0135%8h92.988+0.474%$428$4775xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0180%1h92.980+0.465%$5K$454K10xas long as short
Phoenix CRCL+0.0199%1h92.671+0.131%$27K$66K10xas long as short
Lighter CRCL+0.0264%1h93.016+0.504%$3.0M$2.1M10xas long as short
Variational Omni CRCL+0.0303%8h92.823+0.295%$2.5M$3.3Mas long as short
Nado CRCL-PERP+0.0319%1h92.954+0.437%$152K$107K3xas long as short
OKX CRCL-USDT-SWAP+0.0339%8h92.920+0.400%$22.9M$57.2M50xas long as short
Arcus CRCL-USD+0.0368%1h92.960+0.443%$94K$226K10xas long as short
Aster CRCLUSDT+0.0382%8h92.930+0.411%$1.1M$4.5M20xas long as short
Binance CRCLUSDT+0.0390%8h92.913+0.392%$107.5M$355.8M50xas long as short
Extended CRCL_24_5-USD+0.0392%1h92.910+0.389%$1.1M$4.0M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.090−0.497%$38K$172K30xas long as short
RISEx CRCL/USDC+0.0479%1h93.005+0.492%$417K$243K10xas long as short
BloFin CRCL-USDT+0.0505%8h92.950+0.432%$1.1M$1.7M20xas long as short
GRVT CRCL_USDT_Perp+0.0795%8h92.663+0.122%$62K$1.0M10xas long as short
edgeX CRCLUSDC+0.0977%4h92.636+0.093%$53K$269K10xas long as short