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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.5% APRnext payment $0.13 per $10,000 · paid last 24h −0.015%
Price spread now: Paradex against KuCoin−0.141%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.141% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CRCLUSDTM91.6800.0100pay 0.0100% / 8h4h 36m$2.7M$2.0M20x
ShortParadex CRCL-USD-PERP91.5500.0087get 0.0087% / 8h4h 36m$421$9055x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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
−$2.78
Price spread: −0.141% → 0.000%
−$14.14
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$32.93
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Paradex: 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 KuCoin live order book, 5 min ago2.73 bp59.5 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0999%8h91.690+0.011%$16.2M$35.0M25xas long as short
Vest CRCL-USD-PERP−0.0067%1h91.410−0.295%$31K25xas long as short
Aster CRCLUSDT0.0000%8h91.727+0.052%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h91.586−0.103%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h91.558−0.133%$104.4M$388.5M50xas long as short
Bybit CRCLUSDT0.0000%8h91.500−0.196%$14.9M$26.3M50xas long as short
RISEx CRCL/USDC0.0000%1h91.606−0.081%$416K$299K10xas long as short
Gate CRCL_USDT0.0000%8h91.600−0.087%$7.2M$27.0M50xas long as short
Variational Omni CRCL0.0000%8h91.678−0.002%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.698+0.019%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.710+0.033%$1.0M$49K10xas long as short
OKX CRCL-USDT-SWAP+0.0013%8h91.530−0.164%$21.9M$60.7M50xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.600−0.087%$904K$489K10xas long as short
Aftermath Perps CRCLUSD+0.0028%1h91.671−0.010%$2K$24K5xas long as short
QFEX CRCL-USD+0.0028%1h91.590−0.098%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h91.679−0.001%$973K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.670−0.011%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.588−0.100%$68.3M$41.6M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.634−0.050%$358K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.683+0.003%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.670−0.011%$992K$5.1M10xas long as short
Paradex CRCL-USD-PERPshort+0.0087%8h91.550−0.141%$421$9055x
Pacifica CRCL+0.0100%1h91.631−0.053%$134K$159K10xas long as short
KuCoin CRCLUSDTMlong+0.0100%8h91.680long leg$2.7M$2.0M20x
ApeX Omni CRCLUSDT+0.0100%1h91.510−0.185%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.6800.000%$914$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.679−0.002%$410xas long as short
BloFin CRCL-USDT+0.0120%8h91.710+0.033%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h91.525−0.169%$27K$83K10xas long as short
Lighter CRCL+0.0176%1h91.650−0.033%$3.0M$2.4M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0186%1h91.700+0.022%$4K$767K10xas long as short
Nado CRCL-PERP+0.0286%1h91.443−0.259%$130K$104K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.090+0.447%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0636%4h91.626−0.059%$51K$276K10xas long as short