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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0119%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Vest+0.225%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 airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.225% dearer against Vest than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CRCL-USD-PERP91.870−0.0069get 0.0009% / 1h7m 16s$31K25x
ShortPolymarket Perps CRCL-USD92.0770.0050get 0.0006% / 1h7m 16s$359K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Vest. 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
$24.93
Price spread: +0.225% → 0.000%
$22.53
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$37.46
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 1 min ago. 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 Vest no order-book sample
Sell Polymarket Perps live order book, 1 min ago1.41 bp7.0 bp −$77.3 bp −$7310.5 bp −$1,051doesn't fit
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−0.0874%8h92.160+0.316%$16.6M$35.2M25xas long as short
Vest CRCL-USD-PERPlong−0.0069%1h91.870long leg$31K25x
Aster CRCLUSDT0.0000%8h92.050+0.196%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h92.094+0.244%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h92.120+0.272%$104.9M$390.1M50xas long as short
Bybit CRCLUSDT0.0000%8h92.130+0.283%$14.9M$26.4M50xas long as short
RISEx CRCL/USDC0.0000%1h92.085+0.234%$418K$299K10xas long as short
Gate CRCL_USDT0.0000%8h92.150+0.305%$7.3M$27.4M50xas long as short
Variational Omni CRCL0.0000%8h92.128+0.281%$2.5M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h92.130+0.283%$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+0.278%$64K$1.1M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.990+0.131%$908K$491K10xas long as short
QFEX CRCL-USD+0.0028%1h92.130+0.283%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h92.126+0.279%$976K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h92.060+0.207%$2K$25K5xas long as short
OKX CRCL-USDT-SWAP+0.0040%8h92.130+0.283%$22.3M$61.5M50xas long as short
Arcus CRCL-USD+0.0040%1h92.060+0.207%$94K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.037+0.182%$68.6M$41.7M10xas long as short
Polymarket Perps CRCL-USDshort+0.0050%1h92.077+0.225%$359K$1.1M10x
SoDEX CRCL-USD+0.0050%1h92.101+0.251%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h92.030+0.174%$1.0M$5.2M10xas long as short
Pacifica CRCL+0.0100%1h92.080+0.229%$135K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.080+0.229%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.030+0.174%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.090+0.239%$918$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h92.097+0.247%$410xas long as short
Paradex CRCL-USD-PERP+0.0117%8h92.102+0.252%$424$9055xas long as short
BloFin CRCL-USDT+0.0120%8h92.090+0.239%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h92.077+0.225%$27K$83K10xas long as short
Lighter CRCL+0.0224%1h92.129+0.282%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0316%1h92.026+0.170%$131K$105K3xas long as short
edgeX CRCLUSDC+0.0342%4h92.128+0.281%$51K$275K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.560+0.751%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0837%1h92.110+0.261%$4K$767K10xas long as short