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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.5% APRnext payment $0.09 per $10,000 · paid last 24h −0.045%
Price spread now: Aftermath Perps against RISEx−0.026%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 3 days (all we have)no history yet
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 −$2 a day on $10k at the current rate, and Aftermath Perps is 0.026% cheaper against RISEx 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
LongRISEx CRCL/USDC91.8900.0107pay 0.0013% / 1h5m 14s$418K$299K10x
ShortAftermath Perps CRCLUSD91.8660.0039get 0.0005% / 1h5m 14s$2K$26K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against RISEx. 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
−$14.31
Price spread: −0.026% → 0.000%
−$2.64
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$31.95
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 48 min ago; Aftermath Perps: 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 RISEx live order book, 48 min ago1.63 bp4.6 bp −$56.6 bp −$66doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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−0.0675%8h91.940+0.054%$16.6M$35.8M25xas long as short
Vest CRCL-USD-PERP−0.0062%1h91.650−0.261%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.910+0.022%$14.8M$26.7M50xas long as short
Gate CRCL_USDT0.0000%8h91.980+0.098%$7.4M$27.5M50xas long as short
Variational Omni CRCL0.0000%8h91.949+0.064%$2.5M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.8900.000%$1.0M$48K10xas long as short
Aster CRCLUSDT+0.0014%8h91.909+0.021%$1.1M$5.0M20xas long as short
Binance CRCLUSDT+0.0024%8h91.913+0.025%$104.7M$392.7M50xas long as short
Extended CRCL_24_5-USD+0.0024%1h91.889−0.001%$1.2M$5.6M10xas long as short
Lighter RH CRCL+0.0032%1h91.925+0.038%$974K$2.9M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CRCLUSDshort+0.0039%1h91.866−0.026%$2K$26K5x
Arcus CRCL-USD+0.0040%1h91.850−0.044%$93K$272K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0048%1h91.770−0.131%$914K$522K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.823−0.073%$68.1M$42.3M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.880−0.011%$386K$1.2M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.888−0.002%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.8900.000%$1.0M$5.1M10xas long as short
QFEX CRCL-USD+0.0060%1h91.880−0.011%$1.3M$1.9M10xas long as short
Paradex CRCL-USD-PERP+0.0076%8h91.899+0.009%$423$9055xas long as short
GRVT CRCL_USDT_Perp+0.0085%8h91.859−0.034%$70K$1.1M10xas long as short
BloFin CRCL-USDT+0.0096%8h91.920+0.033%$1.1M$1.6M20xas long as short
OKX CRCL-USDT-SWAP+0.0097%8h91.930+0.044%$22.4M$61.9M50xas long as short
Pacifica CRCL+0.0100%1h91.900+0.011%$136K$160K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.880−0.011%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.800−0.098%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.900+0.011%$916$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.8900.000%$410xas long as short
RISEx CRCL/USDClong+0.0107%1h91.890long leg$418K$299K10x
Phoenix CRCL+0.0182%1h91.893+0.003%$27K$82K10xas long as short
Lighter CRCL+0.0248%1h91.921+0.034%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0348%1h91.853−0.040%$134K$108K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.360+0.511%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0512%1h91.900+0.011%$4K$768K10xas long as short
edgeX CRCLUSDC+0.0757%4h91.849−0.044%$51K$276K10xas long as short