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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.020%
Price spread now: Vest against Aftermath Perps−0.525%55s7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.525% cheaper against Aftermath Perps than usual: you would sell low and buy high, −$53 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CRCLUSD93.6320.0037pay 0.0005% / 1h57m 27s$2K$22K5x
ShortVest CRCL-USD-PERP93.1400.0044get 0.0005% / 1h57m 27s$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Aftermath Perps. 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
$1.47
Price spread: −0.525% → 0.000%
−$52.53
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$62.07
Costs to cover
0.110%
Break-even
303.3 days
Slippage unknown: Aftermath Perps: no order-book sample; 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 Aftermath Perps no order-book sample
Sell Vest no order-book sample
Aftermath Perps and 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
Coinbase International CRCL-PERP-INTX−0.0008%1h93.400−0.248%$934K$590K10xas long as short
Bybit CRCLUSDT0.0000%8h93.310−0.344%$15.3M$25.5M50xas long as short
RISEx CRCL/USDC0.0000%1h93.280−0.376%$426K$299K10xas long as short
Gate CRCL_USDT0.0000%8h93.360−0.290%$7.2M$25.5M50xas long as short
Bitget CRCLUSDT0.0000%8h93.340−0.312%$16.6M$34.4M25xas long as short
GRVT CRCL_USDT_Perp0.0000%8h93.497−0.144%$62K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h93.410−0.237%$1.0M$49K10xas long as short
Lighter RH CRCL+0.0032%1h93.341−0.311%$978K$2.9M10xas long as short
Aftermath Perps CRCLUSDlong+0.0037%1h93.632long leg$2K$22K5x
Arcus CRCL-USD+0.0040%1h93.470−0.173%$96K$271K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CRCL-USD-PERPshort+0.0044%1h93.140−0.525%$37K25x
tradeXYZ xyz:CRCL+0.0050%1h93.219−0.441%$70.9M$41.2M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h93.264−0.393%$361K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h93.330−0.322%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h93.410−0.237%$1.0M$5.6M10xas long as short
QFEX CRCL-USD+0.0057%1h93.250−0.408%$1.3M$2.5M10xas long as short
Variational Omni CRCL+0.0059%8h93.569−0.068%$2.5M$3.1Mas long as short
Paradex CRCL-USD-PERP+0.0097%8h93.245−0.413%$765$7405xas long as short
Pacifica CRCL+0.0100%1h93.298−0.357%$75K$96K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h93.390−0.258%$2.9M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h93.450−0.194%$69K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h93.330−0.322%$931$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h93.334−0.318%$410xas long as short
OKX CRCL-USDT-SWAP+0.0118%8h93.310−0.344%$22.5M$58.3M50xas long as short
Aster CRCLUSDT+0.0134%8h93.312−0.341%$1.1M$4.9M20xas long as short
Binance CRCLUSDT+0.0135%8h93.290−0.365%$107.6M$386.0M50xas long as short
Extended CRCL_24_5-USD+0.0136%1h93.255−0.403%$1.1M$5.7M10xas long as short
Nado CRCL-PERP+0.0239%1h93.273−0.383%$154K$89K3xas long as short
BloFin CRCL-USDT+0.0257%8h93.160−0.504%$1.1M$1.0M20xas long as short
Phoenix CRCL+0.0296%1h93.327−0.326%$28K$92K10xas long as short
Lighter CRCL+0.0296%1h93.362−0.288%$3.0M$2.3M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0393%1h93.350−0.301%$4K$769K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h93.910+0.297%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0813%4h93.468−0.175%$24K$266K10xas long as short