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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.071%
Price spread now: Vest against RISEx−0.327%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.327% cheaper against RISEx than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CRCL/USDC91.7100get 0.0000% / 1h36m 41s$417K$299K10x
ShortVest CRCL-USD-PERP91.410−0.0067pay 0.0008% / 1h36m 41s$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against RISEx. 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
−$13.99
Price spread: −0.327% → 0.000%
−$32.71
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$54.71
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 22 min ago; Vest: 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 RISEx live order book, 22 min ago1.09 bp4.1 bp −$46.0 bp −$60doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0994%8h91.770+0.065%$16.3M$35.0M25xas long as short
Vest CRCL-USD-PERPshort−0.0067%1h91.410−0.327%$31K25x
Aster CRCLUSDT0.0000%8h91.721+0.012%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h91.647−0.069%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h91.666−0.048%$104.5M$388.5M50xas long as short
Bybit CRCLUSDT0.0000%8h91.600−0.120%$14.9M$26.3M50xas long as short
RISEx CRCL/USDClong0.0000%1h91.710long leg$417K$299K10x
Gate CRCL_USDT0.0000%8h91.720+0.011%$7.2M$27.0M50xas long as short
Variational Omni CRCL0.0000%8h91.678−0.035%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.698−0.013%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.7100.000%$1.0M$49K10xas long as short
OKX CRCL-USDT-SWAP+0.0015%8h91.600−0.120%$21.9M$60.7M50xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.600−0.120%$904K$489K10xas long as short
Aftermath Perps CRCLUSD+0.0028%1h91.671−0.043%$2K$24K5xas long as short
QFEX CRCL-USD+0.0028%1h91.690−0.022%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h91.679−0.034%$973K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.690−0.022%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.588−0.133%$68.3M$41.6M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.634−0.083%$358K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.683−0.029%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.670−0.044%$992K$5.1M10xas long as short
Paradex CRCL-USD-PERP+0.0088%8h91.712+0.002%$422$9055xas long as short
Pacifica CRCL+0.0100%1h91.631−0.086%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.670−0.044%$2.7M$2.0M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.510−0.218%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.680−0.033%$914$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.679−0.034%$410xas long as short
BloFin CRCL-USDT+0.0120%8h91.7100.000%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h91.525−0.202%$27K$83K10xas long as short
Lighter CRCL+0.0176%1h91.650−0.065%$3.0M$2.4M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0186%1h91.700−0.011%$4K$767K10xas long as short
Nado CRCL-PERP+0.0292%1h91.673−0.040%$130K$104K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.090+0.414%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0636%4h91.626−0.092%$51K$276K10xas long as short