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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: Orderly against Bitget+0.011%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CRCLUSDT93.8200get 0.0000% / 8h5h 02m$18.5M$36.0M25x
ShortOrderly PERP_CRCL_USDC_mythos93.8300.0100get 0.0100% / 8h5h 02m$739$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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
$21
Price spread: +0.011% → 0.000%
$1.07
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.07
Costs to cover
0.180%
Break-even
5.6 days
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: 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 Bitget live order book, 5 min ago1.62 bp10.3 bp −$1017.0 bp −$17041.1 bp −$4,110doesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h93.590−0.245%$854K$788K10xas long as short
Bybit CRCLUSDT0.0000%8h93.790−0.032%$15.1M$26.7M50xas long as short
Bitget CRCLUSDTlong0.0000%8h93.820long leg$18.5M$36.0M25x
Deribit CRCL_USDC-PERPETUAL0.0000%1h93.810−0.011%$5K$415K10xas long as short
Phemex CRCLUSDT0.0000%4h93.960+0.149%$1.0M$47K10xas long as short
Vest CRCL-USD-PERP+0.0021%1h94.010+0.203%$30K25xas long as short
Aftermath Perps CRCLUSD+0.0030%1h93.278−0.578%$2K$29K5xas long as short
Lighter RH CRCL+0.0032%1h94.128+0.328%$998K$2.7M10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h93.684−0.145%$68.2M$42.5M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h93.607−0.227%$310K$1.0M10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CRCL-USD.P+0.0050%1h93.950+0.139%$1.0M$4.0M10xas long as short
QFEX CRCL-USD+0.0055%1h94.410+0.629%$1.3M$1.7M10xas long as short
Gate CRCL_USDT+0.0059%8h93.870+0.053%$7.6M$26.0M50xas long as short
Injective CRCL/USDC PERP+0.0072%1h92.090−1.844%$38K$172K30xas long as short
Paradex CRCL-USD-PERP+0.0074%8h94.031+0.225%$433$4775xas long as short
Pacifica CRCL+0.0100%1h94.073+0.269%$141K$139K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h93.780−0.043%$2.6M$1.7M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.710−1.183%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythosshort+0.0100%8h93.830+0.011%$739$2K10x
Aevo CRCL-PERP+0.0104%1h93.847+0.029%$410xas long as short
Variational Omni CRCL+0.0194%8h92.750−1.140%$2.5M$3.2Mas long as short
Phoenix CRCL+0.0197%1h92.750−1.140%$27K$66K10xas long as short
OKX CRCL-USDT-SWAP+0.0207%8h93.860+0.043%$22.6M$61.3M50xas long as short
Arcus CRCL-USD+0.0214%1h93.960+0.149%$94K$209K10xas long as short
SoDEX CRCL-USD+0.0252%1h93.874+0.058%$47K$3K10xas long as short
Binance CRCLUSDT+0.0255%8h93.800−0.021%$107.5M$365.4M50xas long as short
Extended CRCL_24_5-USD+0.0256%1h93.799−0.022%$1.1M$4.0M10xas long as short
Lighter CRCL+0.0264%1h94.124+0.324%$3.0M$2.2M10xas long as short
Nado CRCL-PERP+0.0267%1h93.801−0.020%$156K$101K3xas long as short
Aster CRCLUSDT+0.0275%8h93.822+0.002%$1.1M$4.6M20xas long as short
GRVT CRCL_USDT_Perp+0.0312%8h92.721−1.172%$59K$988K10xas long as short
BloFin CRCL-USDT+0.0379%8h94.440+0.661%$1.2M$1.7M20xas long as short
edgeX CRCLUSDC+0.0438%4h92.693−1.201%$53K$269K10xas long as short
RISEx CRCL/USDC+0.0528%1h93.805−0.016%$417K$228K10xas long as short