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+0.0135%/8h= +14.8% APRnext payment +$1.35 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Paradex+0.022%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 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.022% dearer against Paradex than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CRCL-USD-PERP91.4600.0167pay 0.0167% / 8h36m 15s$421$9055x
ShortBloFin CRCL-USDT91.4800.0302get 0.0302% / 8h36m 15s$1.1M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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
$28.44
Price spread: +0.022% → 0.000%
$2.19
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$14.62
Costs to cover
0.160%
Break-even
3.4 days
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 1 min ago. 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 Paradex no order-book sample
Sell BloFin live order book, 1 min ago2.19 bp8.6 bp −$910.0 bp −$10023.3 bp −$2,32686.3 bp −$43.1K
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−0.0242%8h91.520+0.066%$17.5M$36.7M25xas long as short
Vest CRCL-USD-PERP−0.0078%1h91.240−0.241%$31K25xas long as short
Gate CRCL_USDT0.0000%8h91.520+0.066%$7.8M$27.3M50xas long as short
Phemex CRCLUSDT0.0000%4h91.4600.000%$1.0M$48K10xas long as short
Bybit CRCLUSDT+0.0027%8h91.4600.000%$14.8M$26.5M50xas long as short
Lighter RH CRCL+0.0032%1h91.452−0.009%$981K$2.6M10xas long as short
Aftermath Perps CRCLUSD+0.0038%1h91.555+0.103%$2K$28K5xas long as short
Arcus CRCL-USD+0.0040%1h91.600+0.153%$97K$292K10xas long as short
SoDEX CRCL-USD+0.0050%1h91.438−0.024%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.400−0.066%$1.1M$4.8M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRCL-USD+0.0071%1h91.470+0.011%$1.3M$1.8M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0088%1h91.400−0.066%$890K$405K10xas long as short
Variational Omni CRCL+0.0095%8h91.757+0.325%$2.4M$3.3Mas long as short
Pacifica CRCL+0.0100%1h91.470+0.011%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.490+0.033%$2.7M$1.7M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.700+0.262%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.4600.000%$912$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.459−0.001%$410xas long as short
tradeXYZ xyz:CRCL+0.0119%1h91.435−0.027%$67.7M$43.8M10xas long as short
Polymarket Perps CRCL-USD+0.0162%1h91.446−0.015%$379K$1.3M10xas long as short
Aster CRCLUSDT+0.0166%8h91.517+0.062%$1.0M$5.0M20xas long as short
Paradex CRCL-USD-PERPlong+0.0167%8h91.460long leg$421$9055x
Binance CRCLUSDT+0.0182%8h91.430−0.033%$105.0M$389.7M50xas long as short
Extended CRCL_24_5-USD+0.0184%1h91.435−0.027%$1.0M$5.0M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0188%1h91.4600.000%$5K$769K10xas long as short
Phoenix CRCL+0.0227%1h91.689+0.250%$27K$74K10xas long as short
GRVT CRCL_USDT_Perp+0.0247%8h91.730+0.295%$61K$1.1M10xas long as short
OKX CRCL-USDT-SWAP+0.0257%8h91.4600.000%$22.3M$61.7M50xas long as short
Lighter CRCL+0.0280%1h91.479+0.021%$2.9M$2.4M10xas long as short
BloFin CRCL-USDTshort+0.0302%8h91.480+0.022%$1.1M$1.7M20x
Nado CRCL-PERP+0.0428%1h91.435−0.028%$134K$109K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.010+0.601%$5K$19K30xas long as short
RISEx CRCL/USDC+0.0466%1h91.475+0.016%$410K$272K10xas long as short
edgeX CRCLUSDC+0.0559%4h91.666+0.225%$52K$275K10xas long as short