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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.011%
Price spread now: Aevo against Coinbase International+0.143%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.143% dearer against Coinbase International than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CRCL-PERP-INTX91.7900.0016pay 0.0002% / 1h22m 50s$906K$490K10x
ShortAevo CRCL-PERP91.9210.0104get 0.0013% / 1h22m 50s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$18.48
Price spread: +0.143% → 0.000%
$14.26
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$6.74
Costs to cover
0.260%
Break-even
4.4 days
Slippage unknown: Coinbase International: live order book, 36 min ago; Aevo: 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 Coinbase International live order book, 36 min ago5.44 bp10.4 bp −$1016.3 bp −$163doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.1021%8h92.000+0.229%$16.4M$35.0M25xas long as short
Vest CRCL-USD-PERP−0.0068%1h91.550−0.261%$31K25xas long as short
Aster CRCLUSDT0.0000%8h91.916+0.138%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h91.927+0.149%$1.1M$5.6M10xas long as short
Binance CRCLUSDT0.0000%8h91.940+0.163%$104.7M$389.6M50xas long as short
Bybit CRCLUSDT0.0000%8h91.960+0.185%$14.9M$26.4M50xas long as short
RISEx CRCL/USDC0.0000%1h91.819+0.031%$417K$299K10xas long as short
Gate CRCL_USDT0.0000%8h92.040+0.272%$7.3M$27.2M50xas long as short
Variational Omni CRCL0.0000%8h91.818+0.031%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.726−0.069%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.900+0.120%$1.0M$49K10xas long as short
Coinbase International CRCL-PERP-INTXlong+0.0016%1h91.790long leg$906K$490K10x
OKX CRCL-USDT-SWAP+0.0020%8h91.950+0.174%$22.1M$61.1M50xas long as short
QFEX CRCL-USD+0.0028%1h91.800+0.011%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h91.958+0.183%$975K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0032%1h91.770−0.022%$2K$25K5xas long as short
Arcus CRCL-USD+0.0040%1h91.750−0.044%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.874+0.092%$68.5M$41.6M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.809+0.021%$358K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.849+0.064%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.720−0.076%$1.0M$5.1M10xas long as short
Paradex CRCL-USD-PERP+0.0092%8h91.777−0.014%$422$9055xas long as short
Pacifica CRCL+0.0100%1h91.750−0.044%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.910+0.131%$2.7M$2.0M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.730−0.065%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.890+0.109%$916$2K10xas long as short
Aevo CRCL-PERPshort+0.0104%1h91.921+0.143%$410x
BloFin CRCL-USDT+0.0120%8h91.910+0.131%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h91.779−0.012%$27K$83K10xas long as short
Lighter CRCL+0.0176%1h91.961+0.186%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0290%1h91.729−0.066%$130K$104K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.270+0.523%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0621%1h91.910+0.131%$4K$767K10xas long as short
edgeX CRCLUSDC+0.1000%4h91.855+0.071%$51K$275K10xas long as short