Spread before costs (cost unknown: a leg has no order-book sample)−0.037%
7d average—if it closes, per $10,000$4funding while held, a day+$1.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo CRCL-PERP | 94.310 | 0.0104 | pay 0.0013% / 1h | 47m 09s | $4 | — | 10x |
| Short | Extended CRCL_24_5-USD | 94.276 | 0.0152 | get 0.0019% / 1h | 47m 09s | $1.1M | $3.2M | 10x |
Aevo CRCL-PERP
Extended CRCL_24_5-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.66
- Funding while held
- $1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$23.22
- Spread needed to break even
- 0.210%
Slippage unknown: Aevo: no order-book sample; Extended: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 3 min ago | 3.08 bp | 7.7 bp −$8 | 17.0 bp −$170 | doesn't fit | doesn't fit |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni94.030cheapestCoinbase International94.100+0.074%Vest94.140+0.117%edgeX94.189+0.169%Ondo Perps94.200+0.181%Aster94.215+0.197%Arcus94.230+0.213%Nado94.240+0.223%Polymarket Perps94.253+0.237%Variational Omni94.269+0.254%Orderly94.270+0.255%Phemex94.270+0.255%
ApeX Omni
Coinbase International
Vest
Ondo Perps
Aster
Arcus
Nado
Polymarket Perps
Variational Omni
Orderly
PhemexExtended94.276+0.262%
tradeXYZ94.279+0.265%BloFin94.280+0.266%Aftermath Perps94.287+0.273%Pacifica94.290+0.277%Binance94.290+0.277%Bybit94.290+0.277%KuCoin94.290+0.277%Deribit94.290+0.277%SoDEX94.291+0.278%QFEX94.300+0.287%Gate94.300+0.287%Phoenix94.300+0.287%OKX94.310+0.298%Bitget94.310+0.298%
tradeXYZ
BloFin
Pacifica
Binance
Bybit
KuCoin
Deribit
SoDEX
QFEX
Gate
Phoenix
OKX
BitgetAevo94.310+0.298%
Lighter RH94.313+0.301%Paradex94.315+0.303%RISEx94.325+0.314%Lighter94.361+0.352%Injective94.760+0.776%
Lighter RH
Paradex
RISEx
Lighter
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CRCLUSDT | −0.297% | +0.0100% | 1h | $69K | $6K | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.223% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.181% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| edgeX CRCLUSDC | −0.129% | +0.0372% | 4h | $24K | $266K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.117% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | −0.101% | +0.0136% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Arcus CRCL-USD | −0.085% | +0.0586% | 1h | $104K | $251K | 10x | as long as short |
| Nado CRCL-PERP | −0.075% | +0.0344% | 1h | $132K | $66K | 3x | as long as short |
| Polymarket Perps CRCL-USD | −0.061% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| Variational Omni CRCL | −0.044% | +0.0080% | 8h | $2.5M | $3.2M | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_CRCL_USDC_mythos | −0.043% | +0.0100% | 8h | $940 | $3K | 10x | as long as short |
| Phemex CRCLUSDT | −0.043% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Extended CRCL_24_5-USDshort | −0.037% | +0.0152% | 1h | $1.1M | $3.2M | 10x | |
| tradeXYZ xyz:CRCL | −0.033% | +0.0160% | 1h | $71.3M | $40.3M | 10x | as long as short |
| BloFin CRCL-USDT | −0.032% | +0.0273% | 8h | $1.1M | $589K | 20x | as long as short |
| Aftermath Perps CRCLUSD | −0.025% | +0.0354% | 1h | $2K | $14K | 5x | as long as short |
| Pacifica CRCL | −0.022% | +0.0100% | 1h | $76K | $96K | 10x | as long as short |
| Binance CRCLUSDT | −0.022% | +0.0153% | 8h | $107.5M | $358.8M | 50x | as long as short |
| Bybit CRCLUSDT | −0.022% | +0.0138% | 8h | $15.6M | $23.3M | 50x | as long as short |
| KuCoin CRCLUSDTM | −0.022% | +0.0304% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.022% | +0.0493% | 1h | $4K | $802K | 10x | as long as short |
| SoDEX CRCL-USD | −0.021% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| QFEX CRCL-USD | −0.011% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Gate CRCL_USDT | −0.011% | 0.0000% | 8h | $7.2M | $25.6M | 50x | as long as short |
| Phoenix CRCL | −0.011% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | 0.000% | +0.0222% | 8h | $22.7M | $56.3M | 50x | as long as short |
| Bitget CRCLUSDT | 0.000% | +0.0303% | 8h | $16.9M | $33.1M | 25x | as long as short |
| Aevo CRCL-PERPlong | 0.000% | +0.0104% | 1h | $4 | — | 10x | |
| Lighter RH CRCL | +0.003% | +0.0032% | 1h | $794K | $2.7M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.004% | +0.0087% | 8h | $717 | $428 | 5x | as long as short |
| RISEx CRCL/USDC | +0.015% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| Lighter CRCL | +0.054% | +0.0272% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.477% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |