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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.007%
Price spread now: Aevo against SoDEX+0.016%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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
LongSoDEX CRCL-USD94.3990.0050pay 0.0006% / 1h48m 58s$47K$3K10x
ShortAevo CRCL-PERP94.4140.0104get 0.0013% / 1h48m 58s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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: +0.016% → 0.000%
$1.59
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$11.07
Costs to cover
0.240%
Break-even
13.8 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Aevo no order-book sample
SoDEX and 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
Gate CRCL_USDT0.0000%8h94.390−0.010%$7.2M$27.5M50xas long as short
Deribit CRCL_USDC-PERPETUAL0.0000%1h94.400+0.001%$4K$771K10xas long as short
Phemex CRCLUSDT0.0000%4h94.400+0.001%$1.0M$50K10xas long as short
QFEX CRCL-USD+0.0033%1h94.390−0.010%$1.4M$2.7M10xas long as short
GRVT CRCL_USDT_Perp+0.0041%8h94.433+0.036%$50K$1.2M10xas long as short
Aftermath Perps CRCLUSD+0.0046%1h94.419+0.021%$2K$19K5xas long as short
Vest CRCL-USD-PERP+0.0046%1h94.370−0.031%$45K25xas long as short
SoDEX CRCL-USDlong+0.0050%1h94.399long leg$47K$3K10x
Ondo Perps CRCL-USD.P+0.0050%1h94.280−0.126%$1.1M$5.9M10xas long as short
Variational Omni CRCL+0.0066%8h94.407+0.008%$2.5M$3.2Mas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CRCLUSDT+0.0068%8h94.380−0.020%$15.5M$25.9M50xas long as short
Polymarket Perps CRCL-USD+0.0074%1h94.382−0.018%$357K$1.1M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0080%1h94.290−0.115%$938K$742K10xas long as short
Pacifica CRCL+0.0100%1h94.372−0.028%$76K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.400+0.001%$3.0M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h94.260−0.147%$69K$5K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.400+0.001%$941$3K10xas long as short
Aevo CRCL-PERPshort+0.0104%1h94.414+0.016%$410x
Extended CRCL_24_5-USD+0.0120%1h94.340−0.062%$1.1M$3.8M10xas long as short
Binance CRCLUSDT+0.0121%8h94.343−0.060%$108.3M$388.5M50xas long as short
Aster CRCLUSDT+0.0152%8h94.412+0.014%$1.1M$4.8M20xas long as short
RISEx CRCL/USDC+0.0159%1h94.410+0.012%$431K$309K10xas long as short
Paradex CRCL-USD-PERP+0.0177%8h94.450+0.054%$774$7405xas long as short
Lighter RH CRCL+0.0184%1h94.453+0.057%$881K$2.9M10xas long as short
Phoenix CRCL+0.0212%1h94.486+0.092%$28K$92K10xas long as short
Arcus CRCL-USD+0.0214%1h94.430+0.033%$97K$275K10xas long as short
OKX CRCL-USDT-SWAP+0.0217%8h94.390−0.010%$22.8M$60.5M50xas long as short
edgeX CRCLUSDC+0.0225%4h94.409+0.011%$24K$267K10xas long as short
BloFin CRCL-USDT+0.0241%8h94.390−0.010%$1.1M$581K20xas long as short
tradeXYZ xyz:CRCL+0.0275%1h94.381−0.019%$70.8M$42.8M10xas long as short
Bitget CRCLUSDT+0.0330%8h94.370−0.031%$16.7M$35.1M25xas long as short
Nado CRCL-PERP+0.0358%1h94.385−0.015%$126K$74K3xas long as short
Lighter CRCL+0.0408%1h94.457+0.061%$3.1M$2.2M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h94.850+0.478%$5K$19K30xas long as short