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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0077%/8h= −8.5% APRnext payment $0.10 per $10,000 · paid last 24h −0.078%
Price spread now: Vest against RISEx−0.264%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 fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.264% cheaper against RISEx than usual: you would sell low and buy high (−$26 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/USDC91.8620get 0.0000% / 1h21m 55s$419K$298K10x
ShortVest CRCL-USD-PERP91.620−0.0077pay 0.0010% / 1h21m 55s$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$16.21
Price spread: −0.264% → 0.000%
−$26.37
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$50.58
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 41 min ago; Vest: 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, 41 min ago1.63 bp4.6 bp −$55.7 bp −$57doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.1292%8h91.970+0.117%$15.9M$34.6M25xas long as short
Vest CRCL-USD-PERPshort−0.0077%1h91.620−0.264%$31K25x
Coinbase International CRCL-PERP-INTX−0.0016%1h91.790−0.079%$906K$500K10xas long as short
Extended CRCL_24_5-USD0.0000%1h92.006+0.157%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h91.970+0.117%$104.8M$385.3M50xas long as short
Bybit CRCLUSDT0.0000%8h91.980+0.128%$15.1M$25.8M50xas long as short
RISEx CRCL/USDClong0.0000%1h91.862long leg$419K$298K10x
Gate CRCL_USDT0.0000%8h92.060+0.215%$7.1M$26.7M50xas long as short
Variational Omni CRCL0.0000%8h91.576−0.311%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.605−0.280%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.890+0.030%$1.0M$49K10xas long as short
Aster CRCLUSDT+0.0004%8h91.936+0.080%$1.1M$4.9M20xas long as short
OKX CRCL-USDT-SWAP+0.0007%8h91.950+0.096%$21.6M$59.5M50xas long as short
Aftermath Perps CRCLUSD+0.0020%1h91.679−0.199%$2K$23K5xas long as short
QFEX CRCL-USD+0.0023%1h91.850−0.013%$1.3M$2.1M10xas long as short
Lighter RH CRCL+0.0032%1h91.961+0.107%$976K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.670−0.209%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.895+0.036%$68.6M$41.3M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.890+0.030%$358K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.848−0.016%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.550−0.340%$974K$5.2M10xas long as short
Paradex CRCL-USD-PERP+0.0072%8h91.854−0.009%$753$7405xas long as short
Pacifica CRCL+0.0100%1h91.760−0.111%$132K$157K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.970+0.117%$2.8M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.600−0.285%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.930+0.074%$917$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.915+0.057%$410xas long as short
BloFin CRCL-USDT+0.0120%8h91.760−0.111%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0183%1h91.546−0.344%$27K$84K10xas long as short
Nado CRCL-PERP+0.0197%1h91.844−0.020%$131K$104K3xas long as short
Lighter CRCL+0.0232%1h91.955+0.101%$3.0M$2.4M10xas long as short
edgeX CRCLUSDC+0.0300%4h91.627−0.256%$23K$248K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.180+0.346%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0730%1h91.940+0.085%$4K$767K10xas long as short