Funding arb · Price arb /

CRCL

RWAall CRCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against Gate−0.033%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.027%+$3 · spread now −0.033%, 7d avg −0.037%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRCL_USDT	91.790	0	get 0.0000% / 8h	4h 47m	$7.3M	$26.9M	50x
Short	Binance CRCLUSDT	91.760	0	get 0.0000% / 8h	4h 47m	$104.6M	$387.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.037%: $0.48
Slippage, 4 orders: −$19.67
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.19
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	1.63 bp	15.8 bp −$16	22.7 bp −$227	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.54 bp	6.5 bp −$7	11.5 bp −$115	33.3 bp −$3,331	134.1 bp −$67.1K

CRCL on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CRCLUSDT	−0.0940%	8h	91.820	+0.033%	$16.2M	$34.9M	25x	as long as short
Vest CRCL-USD-PERP	−0.0068%	1h	91.550	−0.261%	—	$31K	25x	as long as short
Aster CRCLUSDT	0.0000%	8h	91.788	−0.003%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.727	−0.068%	$1.1M	$5.6M	10x	as long as short
Binance CRCLUSDTshort	0.0000%	8h	91.760	−0.033%	$104.6M	$387.6M	50x
Bybit CRCLUSDT	0.0000%	8h	91.780	−0.011%	$15.0M	$26.3M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.801	+0.012%	$419K	$298K	10x	as long as short
Gate CRCL_USDTlong	0.0000%	8h	91.790	long leg	$7.3M	$26.9M	50x
Variational Omni CRCL	0.0000%	8h	91.929	+0.151%	$2.5M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.879	+0.097%	$64K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	91.790	0.000%	$1.0M	$49K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0008%	8h	91.790	0.000%	$22.0M	$60.5M	50x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.800	+0.011%	$906K	$490K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0028%	1h	91.870	+0.087%	$2K	$24K	5x	as long as short
QFEX CRCL-USD	+0.0028%	1h	91.750	−0.044%	$1.3M	$2.0M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.822	+0.035%	$973K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.930	+0.153%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.755	−0.038%	$68.5M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.762	−0.031%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.751	−0.042%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.790	0.000%	$994K	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0086%	8h	91.730	−0.065%	$422	$905	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.750	−0.044%	$134K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.760	−0.033%	$2.7M	$2.0M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.780	−0.011%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.750	−0.044%	$915	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.773	−0.018%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.820	+0.033%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.884	+0.102%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0216%	1h	91.822	+0.035%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0308%	1h	91.699	−0.099%	$131K	$104K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0404%	1h	91.780	−0.011%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.330	+0.588%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0952%	4h	91.850	+0.065%	$51K	$276K	10x	as long as short