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−0.0124%/8h= −13.6% APRnext payment $0.15 per $10,000 · paid last 24h −0.014%
Price spread now: Coinbase International against ApeX Omni−0.355%7-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 7 days+0.089%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.355% cheaper against ApeX Omni than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CRCLUSDT95.8300.0100pay 0.0013% / 1h55m 17s$99K$26K50x
ShortCoinbase International CRCL-PERP-INTX95.490−0.0024pay 0.0003% / 1h55m 17s$871K$805K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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
−$26.04
Price spread: −0.355% → 0.000%
−$35.48
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$81.52
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Coinbase International: live order book, 51 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 ApeX Omni no order-book sample
Sell Coinbase International live order book, 51 min ago2.15 bp7.7 bp −$816.1 bp −$161doesn't fitdoesn't fit
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 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-INTXshort−0.0024%1h95.490−0.355%$871K$805K10x
Bybit CRCLUSDT0.0000%8h95.650−0.188%$15.6M$28.4M50xas long as short
RISEx CRCL/USDC0.0000%1h95.656−0.181%$425K$228K10xas long as short
Bitget CRCLUSDT0.0000%8h95.720−0.115%$19.0M$38.3M25xas long as short
Phemex CRCLUSDT0.0000%4h95.620−0.219%$1.1M$47K10xas long as short
QFEX CRCL-USD+0.0014%1h95.600−0.240%$1.4M$1.7M10xas long as short
Lighter RH CRCL+0.0032%1h95.665−0.172%$1.0M$2.6M10xas long as short
Aftermath Perps CRCLUSD+0.0033%1h94.681−1.199%$2K$29K5xas long as short
Injective CRCL/USDC PERP+0.0033%1h95.630−0.209%$39K$172K30xas long as short
Vest CRCL-USD-PERP+0.0037%1h95.820−0.010%$30K25xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CRCL_USDT+0.0048%8h95.740−0.094%$7.8M$25.8M50xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h95.580−0.261%$1.0M$4.3M10xas long as short
Arcus CRCL-USD+0.0057%1h95.610−0.230%$96K$231K10xas long as short
tradeXYZ xyz:CRCL+0.0068%1h95.566−0.275%$69.5M$44.3M10xas long as short
Pacifica CRCL+0.0100%1h95.598−0.242%$142K$149K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h95.630−0.209%$2.6M$1.7M20xas long as short
ApeX Omni CRCLUSDTlong+0.0100%1h95.830long leg$99K$26K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h95.650−0.188%$754$2K10xas long as short
Paradex CRCL-USD-PERP+0.0100%8h95.645−0.193%$440$4775xas long as short
Aevo CRCL-PERP+0.0104%1h95.699−0.137%$410xas long as short
Variational Omni CRCL+0.0169%8h95.760−0.073%$2.7M$3.3Mas long as short
Phoenix CRCL+0.0197%1h94.470−1.419%$28K$94K10xas long as short
OKX CRCL-USDT-SWAP+0.0223%8h95.710−0.125%$23.4M$66.1M50xas long as short
Extended CRCL_24_5-USD+0.0264%1h95.617−0.222%$1.1M$4.0M10xas long as short
Binance CRCLUSDT+0.0267%8h95.694−0.142%$110.8M$388.0M50xas long as short
Aster CRCLUSDT+0.0285%8h95.720−0.115%$1.2M$4.7M20xas long as short
Nado CRCL-PERP+0.0304%1h95.639−0.199%$153K$91K3xas long as short
GRVT CRCL_USDT_Perp+0.0328%8h96.099+0.281%$62K$1.0M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0377%1h95.680−0.157%$5K$415K10xas long as short
BloFin CRCL-USDT+0.0386%8h95.660−0.177%$1.1M$1.8M20xas long as short
Polymarket Perps CRCL-USD+0.0461%1h95.654−0.184%$306K$1.0M10xas long as short
edgeX CRCLUSDC+0.0551%4h95.621−0.218%$55K$277K10xas long as short
Lighter CRCL+0.0552%1h95.700−0.136%$3.3M$2.4M10xas long as short
SoDEX CRCL-USD+0.5716%1h95.641−0.197%$48K$3K10xas long as short