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+0.0114%/8h= +12.4% APRnext payment +$1.14 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against Variational Omni+0.013%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds 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
LongVariational Omni CRCL92.1280get 0.0000% / 8h4h 09m$2.5M$3.2M
ShortParadex CRCL-USD-PERP92.1400.0114get 0.0114% / 8h4h 09m$424$9055x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Variational Omni. 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
$23.84
Price spread: +0.013% → 0.000%
$1.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
$21.1
Costs to cover
0.040%
Break-even
0.8 days
Slippage unknown: Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago3.45 bpdoesn't fit13.9 bp −$139doesn't fitdoesn'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−0.0899%8h92.200+0.078%$16.6M$35.2M25xas long as short
Vest CRCL-USD-PERP−0.0069%1h91.910−0.237%$31K25xas long as short
Aster CRCLUSDT0.0000%8h92.092−0.039%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h92.152+0.026%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h92.170+0.046%$105.0M$390.0M50xas long as short
Bybit CRCLUSDT0.0000%8h92.160+0.035%$14.9M$26.4M50xas long as short
RISEx CRCL/USDC0.0000%1h92.160+0.034%$419K$299K10xas long as short
Gate CRCL_USDT0.0000%8h92.230+0.111%$7.3M$27.4M50xas long as short
Variational Omni CRCLlong0.0000%8h92.128long leg$2.5M$3.2M
Phemex CRCLUSDT0.0000%4h92.170+0.046%$1.0M$49K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CRCL_USDT_Perp+0.0008%8h92.126−0.003%$64K$1.1M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.990−0.150%$908K$491K10xas long as short
QFEX CRCL-USD+0.0028%1h92.160+0.035%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h92.180+0.056%$977K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h92.045−0.091%$2K$25K5xas long as short
OKX CRCL-USDT-SWAP+0.0039%8h92.200+0.078%$22.3M$61.5M50xas long as short
Arcus CRCL-USD+0.0040%1h92.040−0.095%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.101−0.029%$68.6M$41.7M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.130+0.002%$359K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h92.161+0.036%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h92.000−0.139%$1.0M$5.2M10xas long as short
Pacifica CRCL+0.0100%1h92.130+0.002%$135K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.080−0.052%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.030−0.106%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.160+0.035%$919$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h92.161+0.036%$410xas long as short
Paradex CRCL-USD-PERPshort+0.0114%8h92.140+0.013%$424$9055x
BloFin CRCL-USDT+0.0120%8h92.190+0.067%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h92.044−0.091%$27K$83K10xas long as short
Lighter CRCL+0.0216%1h92.189+0.066%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0312%1h92.076−0.057%$131K$104K3xas long as short
edgeX CRCLUSDC+0.0342%4h92.1280.000%$51K$275K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.560+0.469%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0727%1h92.170+0.046%$4K$767K10xas long as short