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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against Polymarket Perps+0.049%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.049% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CRCL-USD94.2940.0050pay 0.0006% / 1h36m 06s$365K$1.1M10x
ShortAevo CRCL-PERP94.3410.0104get 0.0013% / 1h36m 06s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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
$11.34
Price spread: +0.049% → 0.000%
$4.95
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$7.71
Costs to cover
0.240%
Break-even
11.8 days
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Aevo: 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 Polymarket Perps live order book, 2 min ago1.96 bp7.3 bp −$77.6 bp −$769.6 bp −$958doesn't fit
Sell Aevo no order-book sample
Aevo: 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
Coinbase International CRCL-PERP-INTX−0.0064%1h94.100−0.206%$941K$619K10xas long as short
Gate CRCL_USDT0.0000%8h94.350+0.059%$7.2M$27.0M50xas long as short
GRVT CRCL_USDT_Perp0.0000%8h94.341+0.050%$68K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h94.300+0.006%$1.0M$51K10xas long as short
Bybit CRCLUSDT+0.0030%8h94.360+0.070%$15.5M$25.8M50xas long as short
Lighter RH CRCL+0.0032%1h94.350+0.059%$891K$2.8M10xas long as short
QFEX CRCL-USD+0.0042%1h94.350+0.059%$1.4M$2.6M10xas long as short
Aftermath Perps CRCLUSD+0.0043%1h94.233−0.064%$2K$22K5xas long as short
Vest CRCL-USD-PERP+0.0046%1h94.200−0.100%$37K25xas long as short
tradeXYZ xyz:CRCL+0.0050%1h94.289−0.005%$71.7M$42.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CRCL-USDlong+0.0050%1h94.294long leg$365K$1.1M10x
SoDEX CRCL-USD+0.0050%1h94.323+0.031%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h94.170−0.132%$1.1M$5.7M10xas long as short
Bitget CRCLUSDT+0.0064%8h94.370+0.081%$17.0M$34.9M25xas long as short
Pacifica CRCL+0.0100%1h94.284−0.011%$75K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.360+0.070%$3.0M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h94.220−0.078%$69K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.340+0.049%$941$3K10xas long as short
Aevo CRCL-PERPshort+0.0104%1h94.341+0.049%$410x
Paradex CRCL-USD-PERP+0.0110%8h94.371+0.082%$774$7405xas long as short
Variational Omni CRCL+0.0137%8h94.330+0.039%$2.5M$3.1Mas long as short
OKX CRCL-USDT-SWAP+0.0157%8h94.350+0.059%$22.8M$60.1M50xas long as short
Extended CRCL_24_5-USD+0.0200%1h94.320+0.028%$1.1M$5.3M10xas long as short
Binance CRCLUSDT+0.0204%8h94.350+0.059%$109.3M$387.3M50xas long as short
Aster CRCLUSDT+0.0209%8h94.360+0.070%$1.1M$4.9M20xas long as short
Nado CRCL-PERP+0.0231%1h94.280−0.015%$132K$76K3xas long as short
Phoenix CRCL+0.0296%1h94.226−0.072%$28K$92K10xas long as short
Lighter CRCL+0.0304%1h94.369+0.080%$3.0M$2.2M10xas long as short
BloFin CRCL-USDT+0.0324%8h94.310+0.017%$1.1M$560K20xas long as short
Injective CRCL/USDC PERP+0.0440%1h94.730+0.462%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0464%4h94.309+0.016%$24K$268K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0493%1h94.340+0.049%$4K$771K10xas long as short
Arcus CRCL-USD+0.0521%1h94.260−0.036%$96K$276K10xas long as short
RISEx CRCL/USDC+0.0677%1h94.350+0.059%$430K$299K10xas long as short