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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: ApeX Omni against tradeXYZ+0.043%85s7-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 7 days+0.015%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.043% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CRCL91.7610.0050pay 0.0006% / 1h4m 04s$68.1M$42.3M10x
ShortApeX Omni CRCLUSDT91.8000.0100get 0.0013% / 1h4m 04s$67K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against tradeXYZ. 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
$10.5
Price spread: +0.043% → 0.000%
$4.25
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$13.25
Costs to cover
0.280%
Break-even
15.8 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; ApeX Omni: 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 tradeXYZ live order book, 4 min ago1.03 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni no order-book sample
ApeX Omni: 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−0.0671%8h91.930+0.184%$16.6M$35.8M25xas long as short
Vest CRCL-USD-PERP−0.0062%1h91.620−0.154%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.830+0.075%$14.7M$26.7M50xas long as short
Gate CRCL_USDT0.0000%8h91.920+0.173%$7.4M$27.5M50xas long as short
Variational Omni CRCL0.0000%8h91.949+0.205%$2.5M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.890+0.141%$1.0M$48K10xas long as short
Aster CRCLUSDT+0.0015%8h91.835+0.080%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD+0.0024%1h91.832+0.077%$1.2M$5.6M10xas long as short
Binance CRCLUSDT+0.0025%8h91.839+0.084%$104.6M$392.8M50xas long as short
Lighter RH CRCL+0.0032%1h91.848+0.095%$973K$2.9M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CRCLUSD+0.0039%1h91.866+0.114%$2K$26K5xas long as short
Arcus CRCL-USD+0.0040%1h91.850+0.097%$93K$272K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0048%1h91.770+0.010%$914K$522K10xas long as short
tradeXYZ xyz:CRCLlong+0.0050%1h91.761long leg$68.1M$42.3M10x
Polymarket Perps CRCL-USD+0.0050%1h91.828+0.073%$386K$1.2M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.828+0.073%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.890+0.141%$1.0M$5.1M10xas long as short
QFEX CRCL-USD+0.0060%1h91.880+0.130%$1.3M$1.8M10xas long as short
Paradex CRCL-USD-PERP+0.0078%8h91.825+0.070%$422$9055xas long as short
GRVT CRCL_USDT_Perp+0.0085%8h91.859+0.106%$70K$1.1M10xas long as short
BloFin CRCL-USDT+0.0096%8h91.920+0.173%$1.1M$1.6M20xas long as short
Pacifica CRCL+0.0100%1h91.863+0.111%$136K$160K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.850+0.097%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDTshort+0.0100%1h91.800+0.043%$67K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.830+0.075%$916$2K10xas long as short
OKX CRCL-USDT-SWAP+0.0100%8h91.870+0.119%$22.4M$61.9M50xas long as short
Aevo CRCL-PERP+0.0104%1h91.844+0.091%$410xas long as short
RISEx CRCL/USDC+0.0107%1h91.916+0.169%$419K$299K10xas long as short
Phoenix CRCL+0.0182%1h91.893+0.144%$27K$82K10xas long as short
Lighter CRCL+0.0256%1h91.845+0.092%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0349%1h91.734−0.030%$133K$108K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.360+0.653%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0757%4h91.849+0.096%$51K$276K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0840%1h91.840+0.086%$4K$768K10xas long as short