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+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.017%
Price spread now: Aftermath Perps against Coinbase International+0.088%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 3 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 +$1 a day on $10k at the current rate, and Aftermath Perps is 0.088% dearer against Coinbase International than usual: you sell high and buy low: +$9 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-INTX91.450−0.0016get 0.0002% / 1h33m 07s$902K$527K10x
ShortAftermath Perps CRCLUSD91.5310.0020get 0.0002% / 1h33m 07s$2K$23K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
$7.5
Price spread: +0.088% → 0.000%
$8.83
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$2.67
Costs to cover
0.190%
Break-even
9.5 days
Slippage unknown: Coinbase International: live order book, 30 min ago; Aftermath Perps: 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, 30 min ago7.08 bp12.6 bp −$1317.3 bp −$173doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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−0.1324%8h91.650+0.219%$15.8M$34.5M25xas long as short
Vest CRCL-USD-PERP−0.0076%1h91.400−0.055%$35K25xas long as short
Coinbase International CRCL-PERP-INTXlong−0.0016%1h91.450long leg$902K$527K10x
Extended CRCL_24_5-USD0.0000%1h91.611+0.176%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h91.624+0.190%$104.3M$384.6M50xas long as short
Bybit CRCLUSDT0.0000%8h91.660+0.230%$15.0M$25.7M50xas long as short
RISEx CRCL/USDC0.0000%1h91.630+0.197%$418K$298K10xas long as short
Gate CRCL_USDT0.0000%8h91.650+0.219%$7.1M$26.6M50xas long as short
Variational Omni CRCL0.0000%8h91.607+0.172%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.646+0.214%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CRCL_USDC-PERPETUAL0.0000%1h91.620+0.186%$4K$767K10xas long as short
Phemex CRCLUSDT0.0000%4h91.620+0.186%$1.0M$49K10xas long as short
Aster CRCLUSDT+0.0008%8h91.662+0.232%$1.1M$4.9M20xas long as short
OKX CRCL-USDT-SWAP+0.0012%8h91.650+0.219%$21.5M$59.4M50xas long as short
Aftermath Perps CRCLUSDshort+0.0020%1h91.531+0.088%$2K$23K5x
QFEX CRCL-USD+0.0023%1h91.580+0.142%$1.3M$2.1M10xas long as short
Lighter RH CRCL+0.0032%1h91.653+0.222%$973K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.550+0.109%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.603+0.167%$68.5M$41.2M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.602+0.166%$357K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.599+0.163%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.570+0.131%$996K$5.2M10xas long as short
Paradex CRCL-USD-PERP+0.0067%8h91.633+0.200%$751$7405xas long as short
BloFin CRCL-USDT+0.0067%8h91.600+0.164%$1.1M$1.3M20xas long as short
Pacifica CRCL+0.0100%1h91.580+0.142%$132K$157K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.620+0.186%$2.8M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.610+0.175%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.630+0.197%$914$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.617+0.182%$410xas long as short
Nado CRCL-PERP+0.0176%1h91.601+0.165%$131K$104K3xas long as short
Phoenix CRCL+0.0183%1h91.608+0.173%$27K$84K10xas long as short
Lighter CRCL+0.0192%1h91.659+0.229%$3.0M$2.4M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.200+0.820%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0952%4h91.606+0.171%$23K$267K10xas long as short