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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.08 per $10,000 · paid last 24h −0.023%
Price spread now: ApeX Omni against Extended−0.026%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 7 days−0.085%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.026% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CRCL_24_5-USD94.1950.0168pay 0.0021% / 1h6m 49s$1.1M$3.8M10x
ShortApeX Omni CRCLUSDT94.1700.0100get 0.0013% / 1h6m 49s$69K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$14.28
Price spread: −0.026% → 0.000%
−$2.62
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.9
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; ApeX Omni: 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 Extended live order book, 2 min ago0.53 bp5.2 bp −$525.8 bp −$258doesn't fitdoesn't fit
Sell ApeX Omni no order-book sample
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 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
Gate CRCL_USDT0.0000%8h94.250+0.059%$7.2M$27.6M50xas long as short
Phemex CRCLUSDT0.0000%4h94.180−0.016%$1.0M$52K10xas long as short
Lighter RH CRCL+0.0032%1h94.278+0.088%$888K$2.9M10xas long as short
QFEX CRCL-USD+0.0033%1h94.210+0.016%$1.4M$2.7M10xas long as short
Vest CRCL-USD-PERP+0.0046%1h94.170−0.026%$45K25xas long as short
Aftermath Perps CRCLUSD+0.0048%1h94.191−0.004%$2K$20K5xas long as short
Polymarket Perps CRCL-USD+0.0050%1h94.138−0.060%$365K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h94.167−0.029%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h94.050−0.154%$1.1M$5.9M10xas long as short
Bybit CRCLUSDT+0.0075%8h94.240+0.048%$15.5M$25.8M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CRCL-PERP-INTX+0.0080%1h94.100−0.101%$936K$720K10xas long as short
Pacifica CRCL+0.0100%1h94.110−0.090%$75K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.240+0.048%$3.0M$1.8M20xas long as short
ApeX Omni CRCLUSDTshort+0.0100%1h94.170−0.026%$69K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.180−0.016%$939$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h94.214+0.021%$410xas long as short
Paradex CRCL-USD-PERP+0.0127%8h94.125−0.074%$772$7405xas long as short
Variational Omni CRCL+0.0128%8h94.142−0.056%$2.5M$3.2Mas long as short
GRVT CRCL_USDT_Perp+0.0132%8h94.200+0.006%$62K$1.1M10xas long as short
RISEx CRCL/USDC+0.0159%1h94.155−0.042%$429K$310K10xas long as short
Binance CRCLUSDT+0.0164%8h94.216+0.023%$108.3M$388.5M50xas long as short
Extended CRCL_24_5-USDlong+0.0168%1h94.195long leg$1.1M$3.8M10x
tradeXYZ xyz:CRCL+0.0172%1h94.212+0.018%$70.6M$42.7M10xas long as short
Aster CRCLUSDT+0.0183%8h94.202+0.008%$1.1M$4.9M20xas long as short
OKX CRCL-USDT-SWAP+0.0190%8h94.210+0.016%$22.8M$60.4M50xas long as short
Phoenix CRCL+0.0212%1h94.180−0.016%$28K$92K10xas long as short
Arcus CRCL-USD+0.0214%1h94.100−0.101%$96K$275K10xas long as short
Nado CRCL-PERP+0.0254%1h94.089−0.112%$126K$73K3xas long as short
BloFin CRCL-USDT+0.0284%8h94.260+0.069%$1.1M$580K20xas long as short
Lighter CRCL+0.0288%1h94.285+0.096%$3.0M$2.3M10xas long as short
Bitget CRCLUSDT+0.0306%8h94.240+0.048%$16.6M$35.2M25xas long as short
Injective CRCL/USDC PERP+0.0440%1h94.760+0.600%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0494%1h94.200+0.006%$4K$772K10xas long as short
edgeX CRCLUSDC+0.0642%4h94.155−0.043%$24K$267K10xas long as short