data as of
Settings8H · net · $10k
Funding arb /

CRCL

RWAall CRCL markets
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Funding spread now, next payment 19:00 UTC+0.0025%/8h
paid, last 24h+0.052%paid, last 3 days+0.211%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CRCL-USD94.0000.0067pay 0.0008% / 1h3m 28s$1.4M$2.6M10x
ShortParadex CRCL-USD-PERP93.9960.0092get 0.0092% / 8h5h 03m$714$4285x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$5.25
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.75
Break-even
18.7 days
Slippage unknown: QFEX: live order book, 6 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.004%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.59 bp6.6 bp −$76.6 bp −$6611.5 bp −$1,146doesn'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 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate CRCL_USDT0.0000%8h$7.1M$26.6M50xas long as short
Phemex CRCLUSDT0.0000%4h$1.0M$46K10xas long as short
Lighter RH CRCL+0.0032%1h$799K$2.7M10xas long as short
Vest CRCL-USD-PERP+0.0035%1h$45K25xas long as short
Bybit CRCLUSDT+0.0049%8h$15.0M$24.8M50xas long as short
tradeXYZ xyz:CRCL+0.0050%1h$70.6M$41.0M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h$354K$1.0M10xas long as short
SoDEX CRCL-USD+0.0050%1h$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h$1.1M$5.7M10xas long as short
QFEX CRCL-USDlong+0.0067%1h$1.4M$2.6M10x
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex CRCL-USD-PERPshort+0.0092%8h$714$4285x
Pacifica CRCL+0.0100%1h$75K$95K10xas long as short
ApeX Omni CRCLUSDT+0.0100%1h$69K$5K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h$937$3K10xas long as short
Variational Omni CRCL+0.0103%8h$2.5M$3.2Mas long as short
Aevo CRCL-PERP+0.0104%1h$410xas long as short
Coinbase International CRCL-PERP-INTX+0.0120%1h$940K$746K10xas long as short
Aster CRCLUSDT+0.0136%8h$1.1M$4.6M20xas long as short
Binance CRCLUSDT+0.0152%8h$107.4M$371.4M50xas long as short
Extended CRCL_24_5-USD+0.0152%1h$1.2M$3.5M10xas long as short
RISEx CRCL/USDC+0.0163%1h$417K$323K10xas long as short
KuCoin CRCLUSDTM+0.0192%8h$2.9M$1.6M20xas long as short
Phoenix CRCL+0.0248%1h$28K$92K10xas long as short
OKX CRCL-USDT-SWAP+0.0254%8h$22.8M$58.3M50xas long as short
BloFin CRCL-USDT+0.0272%8h$1.1M$567K20xas long as short
Lighter CRCL+0.0312%1h$2.9M$2.1M10xas long as short
Nado CRCL-PERP+0.0332%1h$131K$67K3xas long as short
Aftermath Perps CRCLUSD+0.0341%1h$2K$16K5xas long as short
Bitget CRCLUSDT+0.0378%8h$16.7M$34.0M25xas long as short
Injective CRCL/USDC PERP+0.0440%1h$5K$42K30xas long as short
edgeX CRCLUSDC+0.0615%4h$24K$266K10xas long as short
Arcus CRCL-USD+0.0651%1h$101K$257K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0708%1h$4K$802K10xas long as short