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: OKX against Paradex+0.161%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 $0 a day on $10k at the current rate, and OKX is 0.161% dearer against Paradex than usual: you sell high and buy low: +$16 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-PERP91.6420.0146pay 0.0146% / 8h2h 06m$422$9055x
ShortOKX CRCL-USDT-SWAP91.7900.0156get 0.0156% / 8h2h 06m$22.3M$62.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$2.05
Price spread: +0.161% → 0.000%
$16.12
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
$4.16
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago0.55 bp7.2 bp −$713.7 bp −$137142.1 bp −$14.2Kdoesn't fit
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+0.172%$17.2M$36.9M25xas long as short
Vest CRCL-USD-PERP−0.0081%1h91.430−0.232%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.730+0.096%$14.7M$26.8M50xas long as short
Gate CRCL_USDT0.0000%8h91.750+0.118%$7.7M$27.7M50xas long as short
Variational Omni CRCL0.0000%8h91.539−0.113%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.700+0.063%$1.0M$48K10xas long as short
Lighter RH CRCL+0.0032%1h91.746+0.113%$978K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h91.516−0.137%$2K$27K5xas long as short
Arcus CRCL-USD+0.0040%1h91.580−0.068%$93K$289K10xas long as short
Aster CRCLUSDT+0.0043%8h91.622−0.023%$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+0.092%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.650+0.008%$1.1M$5.2M10xas long as short
QFEX CRCL-USD+0.0054%1h91.670+0.030%$1.3M$1.8M10xas long as short
Extended CRCL_24_5-USD+0.0056%1h91.720+0.085%$1.0M$5.7M10xas long as short
Polymarket Perps CRCL-USD+0.0057%1h91.698+0.061%$384K$1.3M10xas long as short
Binance CRCLUSDT+0.0058%8h91.745+0.112%$104.8M$397.5M50xas long as short
Coinbase International CRCL-PERP-INTX+0.0072%1h91.590−0.057%$892K$606K10xas long as short
tradeXYZ xyz:CRCL+0.0076%1h91.695+0.057%$67.9M$44.3M10xas long as short
Pacifica CRCL+0.0100%1h91.650+0.008%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.620−0.024%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.470−0.188%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.720+0.085%$914$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.718+0.083%$410xas long as short
RISEx CRCL/USDC+0.0117%1h91.676+0.037%$417K$277K10xas long as short
GRVT CRCL_USDT_Perp+0.0134%8h91.536−0.116%$65K$1.1M10xas long as short
Paradex CRCL-USD-PERPlong+0.0146%8h91.642long leg$422$9055x
OKX CRCL-USDT-SWAPshort+0.0156%8h91.790+0.161%$22.3M$62.8M50x
BloFin CRCL-USDT+0.0176%8h91.750+0.118%$1.1M$1.6M20xas long as short
Phoenix CRCL+0.0210%1h91.699+0.062%$27K$82K10xas long as short
Lighter CRCL+0.0264%1h91.749+0.116%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0338%1h91.655+0.014%$134K$108K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.150+0.554%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0552%4h91.496−0.160%$52K$277K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0841%1h91.720+0.085%$5K$769K10xas long as short