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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0141%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: Polymarket Perps against Vest+0.194%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 +$4 a day on $10k at the current rate, and Polymarket Perps is 0.194% dearer against Vest than usual: you sell high and buy low: +$19 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-PERP91.050−0.0091get 0.0011% / 1h42m 52s$31K25x
ShortPolymarket Perps CRCL-USD91.2270.0050get 0.0006% / 1h42m 52s$377K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$29.64
Price spread: +0.194% → 0.000%
$19.44
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$39.08
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 20 min ago. 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 Polymarket Perps live order book, 20 min ago1.15 bp7.4 bp −$77.8 bp −$7810.6 bp −$1,059doesn't fit
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−0.0164%8h91.320+0.297%$17.4M$36.6M25xas long as short
Vest CRCL-USD-PERPlong−0.0091%1h91.050long leg$31K25x
Phemex CRCLUSDT0.0000%4h91.330+0.308%$1.0M$48K10xas long as short
Gate CRCL_USDT+0.0024%8h91.320+0.297%$7.8M$26.3M50xas long as short
Lighter RH CRCL+0.0032%1h91.285+0.258%$983K$2.4M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0032%1h91.190+0.154%$872K$505K10xas long as short
Aftermath Perps CRCLUSD+0.0038%1h91.284+0.257%$2K$29K5xas long as short
Bybit CRCLUSDT+0.0038%8h91.280+0.253%$14.9M$26.5M50xas long as short
Arcus CRCL-USD+0.0040%1h91.250+0.220%$95K$287K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.188+0.152%$67.2M$44.3M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CRCL-USDshort+0.0050%1h91.227+0.194%$377K$1.2M10x
SoDEX CRCL-USD+0.0050%1h91.260+0.231%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.320+0.297%$1.1M$4.8M10xas long as short
QFEX CRCL-USD+0.0065%1h91.280+0.253%$1.3M$1.7M10xas long as short
Pacifica CRCL+0.0100%1h91.300+0.275%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.320+0.297%$2.6M$1.7M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.320+0.297%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.290+0.264%$910$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.267+0.238%$410xas long as short
Paradex CRCL-USD-PERP+0.0143%8h91.296+0.270%$420$7665xas long as short
Variational Omni CRCL+0.0157%8h91.350+0.329%$2.4M$3.3Mas long as short
Lighter CRCL+0.0192%1h91.295+0.269%$2.9M$2.1M10xas long as short
Aster CRCLUSDT+0.0221%8h91.298+0.272%$1.0M$5.0M20xas long as short
Binance CRCLUSDT+0.0238%8h91.260+0.230%$104.9M$387.9M50xas long as short
Extended CRCL_24_5-USD+0.0240%1h91.241+0.210%$1.1M$5.1M10xas long as short
Phoenix CRCL+0.0254%1h91.375+0.357%$27K$66K10xas long as short
OKX CRCL-USDT-SWAP+0.0293%8h91.300+0.275%$22.2M$61.5M50xas long as short
Nado CRCL-PERP+0.0356%1h91.233+0.201%$134K$109K3xas long as short
BloFin CRCL-USDT+0.0358%8h91.280+0.253%$1.1M$1.7M20xas long as short
GRVT CRCL_USDT_Perp+0.0394%8h91.380+0.362%$62K$1.1M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0408%1h91.280+0.253%$5K$769K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h91.900+0.934%$5K$19K30xas long as short
RISEx CRCL/USDC+0.0501%1h91.315+0.291%$412K$258K10xas long as short
edgeX CRCLUSDC+0.0927%4h91.362+0.342%$52K$271K10xas long as short