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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0185%/8h= −20.3% APRnext payment $0.23 per $10,000 · paid last 24h −0.018%
Price spread now: Vest against ApeX Omni−0.087%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 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 −$6 a day on $10k at the current rate, and Vest is 0.087% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CRCLUSDT91.5600.0100pay 0.0013% / 1h21m 00s$67K$4K50x
ShortVest CRCL-USD-PERP91.480−0.0085pay 0.0011% / 1h21m 00s$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$38.86
Price spread: −0.087% → 0.000%
−$8.74
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$59.6
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: ApeX Omni: 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 ApeX Omni no order-book sample
Sell Vest no order-book sample
ApeX Omni 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−0.0615%8h91.890+0.360%$17.6M$37.0M25xas long as short
Vest CRCL-USD-PERPshort−0.0085%1h91.480−0.087%$31K25x
Bybit CRCLUSDT0.0000%8h91.830+0.295%$14.7M$26.7M50xas long as short
Gate CRCL_USDT0.0000%8h91.910+0.382%$7.8M$27.5M50xas long as short
Phemex CRCLUSDT0.0000%4h91.750+0.208%$1.0M$48K10xas long as short
Variational Omni CRCL+0.0003%8h91.579+0.021%$2.4M$3.2Mas long as short
Lighter RH CRCL+0.0032%1h91.812+0.275%$980K$2.7M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h91.561+0.001%$2K$28K5xas long as short
Arcus CRCL-USD+0.0040%1h91.610+0.055%$95K$291K10xas long as short
SoDEX CRCL-USD+0.0050%1h91.774+0.234%$46K$3K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CRCL-USD.P+0.0050%1h91.670+0.120%$1.1M$5.3M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0056%1h91.690+0.142%$893K$616K10xas long as short
QFEX CRCL-USD+0.0068%1h91.760+0.218%$1.3M$1.8M10xas long as short
tradeXYZ xyz:CRCL+0.0088%1h91.755+0.213%$67.9M$44.4M10xas long as short
Pacifica CRCL+0.0100%1h91.770+0.229%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.730+0.186%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDTlong+0.0100%1h91.560long leg$67K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.820+0.284%$915$2K10xas long as short
Aster CRCLUSDT+0.0103%8h91.746+0.203%$1.0M$5.1M20xas long as short
Aevo CRCL-PERP+0.0104%1h91.819+0.283%$410xas long as short
Extended CRCL_24_5-USD+0.0112%1h91.808+0.271%$1.0M$5.0M10xas long as short
Binance CRCLUSDT+0.0116%8h91.830+0.295%$105.0M$397.7M50xas long as short
edgeX CRCLUSDC+0.0127%4h91.661+0.110%$52K$277K10xas long as short
Polymarket Perps CRCL-USD+0.0135%1h91.768+0.227%$384K$1.3M10xas long as short
Paradex CRCL-USD-PERP+0.0160%8h91.785+0.246%$422$9055xas long as short
GRVT CRCL_USDT_Perp+0.0193%8h91.680+0.131%$64K$1.1M10xas long as short
OKX CRCL-USDT-SWAP+0.0209%8h91.820+0.284%$22.3M$62.8M50xas long as short
BloFin CRCL-USDT+0.0236%8h91.820+0.284%$1.1M$1.7M20xas long as short
Phoenix CRCL+0.0245%1h91.610+0.055%$27K$82K10xas long as short
RISEx CRCL/USDC+0.0271%1h91.820+0.284%$418K$268K10xas long as short
Lighter CRCL+0.0272%1h91.809+0.272%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0399%1h91.696+0.149%$134K$109K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.220+0.721%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0840%1h91.820+0.284%$5K$769K10xas long as short