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−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h −0.031%
Price spread now: Paradex against OKX−0.161%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 0.161% cheaper against OKX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CRCL-USDT-SWAP91.7900.0156pay 0.0156% / 8h2h 05m$22.3M$62.8M50x
ShortParadex CRCL-USD-PERP91.6420.0146get 0.0146% / 8h2h 05m$422$9055x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against OKX. 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
−$2.05
Price spread: −0.161% → 0.000%
−$16.09
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$32.14
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago0.55 bp7.6 bp −$814.8 bp −$148doesn'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−0.0880%8h91.800+0.011%$17.2M$36.9M25xas long as short
Vest CRCL-USD-PERP−0.0081%1h91.430−0.392%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.730−0.065%$14.7M$26.8M50xas long as short
Gate CRCL_USDT0.0000%8h91.750−0.044%$7.7M$27.7M50xas long as short
Variational Omni CRCL0.0000%8h91.539−0.273%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.700−0.098%$1.0M$48K10xas long as short
Lighter RH CRCL+0.0032%1h91.746−0.048%$978K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h91.516−0.298%$2K$27K5xas long as short
Arcus CRCL-USD+0.0040%1h91.580−0.229%$93K$289K10xas long as short
Aster CRCLUSDT+0.0043%8h91.622−0.183%$1.0M$5.1M20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CRCL-USD+0.0050%1h91.727−0.069%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.650−0.153%$1.1M$5.2M10xas long as short
QFEX CRCL-USD+0.0054%1h91.670−0.131%$1.3M$1.8M10xas long as short
Extended CRCL_24_5-USD+0.0056%1h91.720−0.076%$1.0M$5.7M10xas long as short
Polymarket Perps CRCL-USD+0.0057%1h91.698−0.100%$384K$1.3M10xas long as short
Binance CRCLUSDT+0.0058%8h91.745−0.049%$104.8M$397.5M50xas long as short
Coinbase International CRCL-PERP-INTX+0.0072%1h91.590−0.218%$892K$606K10xas long as short
tradeXYZ xyz:CRCL+0.0076%1h91.695−0.103%$67.9M$44.3M10xas long as short
Pacifica CRCL+0.0100%1h91.650−0.153%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.620−0.185%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.470−0.349%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.720−0.076%$914$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.718−0.078%$410xas long as short
RISEx CRCL/USDC+0.0117%1h91.676−0.124%$417K$277K10xas long as short
GRVT CRCL_USDT_Perp+0.0134%8h91.536−0.277%$65K$1.1M10xas long as short
Paradex CRCL-USD-PERPshort+0.0146%8h91.642−0.161%$422$9055x
OKX CRCL-USDT-SWAPlong+0.0156%8h91.790long leg$22.3M$62.8M50x
BloFin CRCL-USDT+0.0176%8h91.750−0.044%$1.1M$1.6M20xas long as short
Phoenix CRCL+0.0210%1h91.699−0.099%$27K$82K10xas long as short
Lighter CRCL+0.0264%1h91.749−0.045%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0338%1h91.655−0.147%$134K$108K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.150+0.392%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0552%4h91.496−0.321%$52K$277K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0841%1h91.720−0.076%$5K$769K10xas long as short