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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0087%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%
Price spread now: Aevo against Vest+0.147%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 4 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.147% dearer against Vest than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CRCL-USD-PERP92.5100.0017pay 0.0002% / 1h7m 45s$30K25x
ShortAevo CRCL-PERP92.6460.0104get 0.0013% / 1h7m 45s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Vest. 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
$18.35
Price spread: +0.147% → 0.000%
$14.68
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aevo: 8 bp × 2 orders
−$16
Net
$15.03
Costs to cover
0.180%
Break-even
1.3 days
Slippage unknown: Vest: 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 Vest no order-book sample
Sell Aevo no order-book sample
Vest 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 exchanges

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−0.0048%1h92.500−0.011%$865K$744K10xas long as short
Bybit CRCLUSDT0.0000%8h92.700+0.205%$15.0M$25.0M50xas long as short
Bitget CRCLUSDT0.0000%8h92.750+0.259%$18.5M$33.3M25xas long as short
Phemex CRCLUSDT0.0000%4h92.630+0.130%$1.0M$45K10xas long as short
Vest CRCL-USD-PERPlong+0.0017%1h92.510long leg$30K25x
Lighter RH CRCL+0.0032%1h92.686+0.190%$1.0M$2.5M10xas long as short
Aftermath Perps CRCLUSD+0.0040%1h92.619+0.118%$2K$29K5xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.605+0.103%$67.6M$39.6M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.610+0.108%$318K$982K10xas long as short
SoDEX CRCL-USD+0.0050%1h92.644+0.145%$46K$3K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CRCL-USD.P+0.0050%1h92.530+0.022%$999K$3.7M10xas long as short
QFEX CRCL-USD+0.0055%1h92.610+0.108%$1.3M$1.6M10xas long as short
Gate CRCL_USDT+0.0062%8h92.730+0.238%$7.5M$25.7M50xas long as short
Injective CRCL/USDC PERP+0.0072%1h92.090−0.454%$38K$172K30xas long as short
Paradex CRCL-USD-PERP+0.0076%8h92.669+0.171%$426$4775xas long as short
Pacifica CRCL+0.0100%1h92.630+0.130%$139K$139K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.630+0.130%$2.6M$1.6M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.540+0.032%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.620+0.119%$923$1K10xas long as short
Aevo CRCL-PERPshort+0.0104%1h92.646+0.147%$410x
Phoenix CRCL+0.0197%1h92.624+0.123%$27K$66K10xas long as short
Variational Omni CRCL+0.0203%8h92.521+0.012%$2.5M$3.2Mas long as short
Arcus CRCL-USD+0.0214%1h92.630+0.130%$93K$200K10xas long as short
OKX CRCL-USDT-SWAP+0.0228%8h92.700+0.205%$22.8M$56.5M50xas long as short
Binance CRCLUSDT+0.0260%8h92.687+0.191%$106.7M$348.4M50xas long as short
Extended CRCL_24_5-USD+0.0264%1h92.662+0.164%$1.1M$4.0M10xas long as short
Aster CRCLUSDT+0.0274%8h92.645+0.145%$1.1M$4.5M20xas long as short
Nado CRCL-PERP+0.0279%1h92.545+0.038%$154K$94K3xas long as short
Lighter CRCL+0.0288%1h92.723+0.230%$3.0M$2.1M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0290%1h92.640+0.141%$5K$415K10xas long as short
GRVT CRCL_USDT_Perp+0.0323%8h92.569+0.064%$59K$987K10xas long as short
BloFin CRCL-USDT+0.0387%8h92.640+0.141%$1.1M$1.7M20xas long as short
RISEx CRCL/USDC+0.0528%1h92.689+0.193%$416K$225K10xas long as short
edgeX CRCLUSDC+0.0993%4h92.539+0.032%$53K$268K10xas long as short