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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.22 per $10,000 · paid last 24h −0.023%
Price spread now: Paradex against Binance−0.030%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.030% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRCLUSDT91.3500.0184pay 0.0184% / 8h33m 11s$105.0M$389.6M50x
ShortParadex CRCL-USD-PERP91.3220.0162get 0.0162% / 8h33m 11s$420$9055x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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
−$4.68
Price spread: −0.030% → 0.000%
−$3.03
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$21.71
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Paradex: 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 Binance live order book, 10 min ago0.55 bp6.4 bp −$611.1 bp −$11131.4 bp −$3,137doesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0247%8h91.390+0.044%$17.5M$36.7M25xas long as short
Vest CRCL-USD-PERP−0.0078%1h91.070−0.307%$31K25xas long as short
Gate CRCL_USDT0.0000%8h91.390+0.044%$7.8M$27.4M50xas long as short
Phemex CRCLUSDT0.0000%4h91.3500.000%$1.0M$48K10xas long as short
Bybit CRCLUSDT+0.0028%8h91.3500.000%$14.8M$26.5M50xas long as short
Lighter RH CRCL+0.0032%1h91.361+0.012%$981K$2.6M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h91.432+0.090%$2K$28K5xas long as short
Arcus CRCL-USD+0.0040%1h91.440+0.099%$97K$296K10xas long as short
SoDEX CRCL-USD+0.0050%1h91.321−0.032%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.310−0.044%$1.1M$4.8M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRCL-USD+0.0071%1h91.320−0.033%$1.3M$1.8M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0088%1h91.400+0.055%$890K$402K10xas long as short
Variational Omni CRCL+0.0097%8h91.457+0.117%$2.4M$3.2Mas long as short
Pacifica CRCL+0.0100%1h91.330−0.022%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.340−0.011%$2.7M$1.7M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.200−0.164%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.320−0.033%$910$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.357+0.008%$410xas long as short
tradeXYZ xyz:CRCL+0.0118%1h91.257−0.102%$67.6M$43.9M10xas long as short
edgeX CRCLUSDC+0.0124%4h91.531+0.199%$52K$275K10xas long as short
Polymarket Perps CRCL-USD+0.0158%1h91.323−0.030%$379K$1.3M10xas long as short
Paradex CRCL-USD-PERPshort+0.0162%8h91.322−0.030%$420$9055x
Aster CRCLUSDT+0.0168%8h91.374+0.026%$1.0M$5.0M20xas long as short
Extended CRCL_24_5-USD+0.0184%1h91.325−0.027%$1.0M$5.0M10xas long as short
Binance CRCLUSDTlong+0.0184%8h91.350long leg$105.0M$389.6M50x
Phoenix CRCL+0.0227%1h91.689+0.371%$27K$74K10xas long as short
GRVT CRCL_USDT_Perp+0.0244%8h91.400+0.055%$61K$1.1M10xas long as short
OKX CRCL-USDT-SWAP+0.0260%8h91.370+0.022%$22.2M$61.7M50xas long as short
Lighter CRCL+0.0264%1h91.360+0.011%$2.9M$2.4M10xas long as short
BloFin CRCL-USDT+0.0304%8h91.320−0.033%$1.1M$1.7M20xas long as short
Nado CRCL-PERP+0.0426%1h91.265−0.093%$134K$109K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.010+0.722%$5K$19K30xas long as short
RISEx CRCL/USDC+0.0466%1h91.361+0.012%$412K$273K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0627%1h91.330−0.022%$5K$769K10xas long as short