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−0.0054%/8h= −5.9% APRnext payment $0.54 per $10,000 · paid last 24h +0.002%
Price spread now: Orderly against Paradex−0.001%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CRCL-USD-PERP91.2310.0154pay 0.0154% / 8h17m 04s$420$9055x
ShortOrderly PERP_CRCL_USDC_mythos91.2300.0100get 0.0100% / 8h17m 04s$910$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$11.38
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$21.46
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample
Sell Orderly no order-book sample
Paradex and Orderly: 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−0.0359%8h91.330+0.109%$17.5M$36.6M25xas long as short
Vest CRCL-USD-PERP−0.0079%1h90.930−0.330%$31K25xas long as short
Gate CRCL_USDT0.0000%8h91.280+0.054%$7.9M$27.7M50xas long as short
Phemex CRCLUSDT0.0000%4h91.270+0.043%$1.0M$48K10xas long as short
Lighter RH CRCL+0.0032%1h91.271+0.044%$982K$2.6M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h91.184−0.052%$2K$29K5xas long as short
Arcus CRCL-USD+0.0040%1h91.180−0.056%$95K$296K10xas long as short
Bybit CRCLUSDT+0.0048%8h91.280+0.054%$14.8M$26.5M50xas long as short
SoDEX CRCL-USD+0.0050%1h91.219−0.013%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.200−0.034%$1.1M$4.8M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRCL-USD+0.0071%1h91.250+0.021%$1.3M$1.7M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0088%1h91.050−0.198%$876K$495K10xas long as short
tradeXYZ xyz:CRCL+0.0095%1h91.178−0.058%$67.3M$44.3M10xas long as short
Pacifica CRCL+0.0100%1h91.220−0.012%$134K$158K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.220−0.012%$2.7M$1.7M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.190−0.045%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythosshort+0.0100%8h91.230−0.001%$910$1K10x
Aevo CRCL-PERP+0.0104%1h91.245+0.016%$410xas long as short
Variational Omni CRCL+0.0112%8h91.119−0.122%$2.4M$3.3Mas long as short
Polymarket Perps CRCL-USD+0.0153%1h91.229−0.002%$378K$1.3M10xas long as short
Paradex CRCL-USD-PERPlong+0.0154%8h91.231long leg$420$9055x
Aster CRCLUSDT+0.0183%8h91.277+0.051%$1.0M$5.0M20xas long as short
Binance CRCLUSDT+0.0200%8h91.250+0.022%$104.8M$389.5M50xas long as short
Extended CRCL_24_5-USD+0.0200%1h91.206−0.027%$1.0M$5.0M10xas long as short
Phoenix CRCL+0.0227%1h91.195−0.039%$27K$74K10xas long as short
GRVT CRCL_USDT_Perp+0.0247%8h91.319+0.097%$70K$1.1M10xas long as short
Lighter CRCL+0.0248%1h91.250+0.021%$2.9M$2.4M10xas long as short
edgeX CRCLUSDC+0.0258%4h91.261+0.034%$52K$271K10xas long as short
OKX CRCL-USDT-SWAP+0.0276%8h91.280+0.054%$22.3M$61.7M50xas long as short
BloFin CRCL-USDT+0.0320%8h91.260+0.032%$1.1M$1.7M20xas long as short
Nado CRCL-PERP+0.0431%1h91.163−0.074%$134K$109K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h91.710+0.525%$5K$19K30xas long as short
RISEx CRCL/USDC+0.0466%1h91.262+0.034%$412K$272K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0518%1h91.220−0.012%$5K$769K10xas long as short