Spread before costs (cost unknown: a leg has no order-book sample)+0.070%
7d average—if it closes, per $10,000$7funding while held, a day−$0.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo CRCL-PERP | 94.166 | 0.0104 | pay 0.0013% / 1h | 26m 39s | $4 | — | 10x |
| Short | Paradex CRCL-USD-PERP | 94.232 | 0.0089 | get 0.0089% / 8h | 6h 26m | $716 | $428 | 5x |
Aevo CRCL-PERP
Paradex CRCL-USD-PERPPrice 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
- $7.01
- Funding while held
- −$0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$13.43
- Spread needed to break even
- 0.200%
Slippage unknown: Aevo: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0015%
- Per $10,000 a day
- −$0.44
- 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 Paradex no order-book sample | — | — | — | — | — |
Aevo and 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 price on every exchange
against the cheapest. Click to use as the short leg.Vest93.940cheapestApeX Omni93.950+0.011%Coinbase International94.000+0.064%Ondo Perps94.030+0.096%Polymarket Perps94.079+0.148%Phoenix94.096+0.166%Aftermath Perps94.096+0.166%edgeX94.098+0.168%Arcus94.130+0.202%Aster94.148+0.222%Pacifica94.160+0.234%KuCoin94.160+0.234%
Vest
ApeX Omni
Coinbase International
Ondo Perps
Polymarket Perps
Phoenix
Arcus
Aster
Pacifica
KuCoinAevo94.166+0.241%
Nado94.168+0.243%Phemex94.170+0.245%SoDEX94.176+0.251%Orderly94.180+0.255%BloFin94.180+0.255%Deribit94.190+0.266%tradeXYZ94.200+0.277%Gate94.200+0.277%Bybit94.210+0.287%QFEX94.210+0.287%RISEx94.220+0.298%Extended94.222+0.300%Binance94.230+0.309%OKX94.230+0.309%
Nado
Phemex
SoDEX
Orderly
BloFin
Deribit
tradeXYZ
Gate
Bybit
QFEX
RISEx
Extended
Binance
OKXParadex94.232+0.311%
Lighter RH94.252+0.332%Bitget94.260+0.341%Lighter94.269+0.350%Variational Omni94.340+0.426%Injective94.550+0.649%
Lighter RH
Bitget
Lighter
Variational Omni
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.240% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| ApeX Omni CRCLUSDT | −0.229% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.176% | +0.0096% | 1h | $939K | $789K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.145% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.092% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| Phoenix CRCL | −0.074% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| Aftermath Perps CRCLUSD | −0.074% | +0.0359% | 1h | $2K | $14K | 5x | as long as short |
| edgeX CRCLUSDC | −0.073% | +0.0613% | 4h | $24K | $264K | 10x | as long as short |
| Arcus CRCL-USD | −0.038% | +0.0586% | 1h | $104K | $252K | 10x | as long as short |
| Aster CRCLUSDT | −0.019% | +0.0142% | 8h | $1.1M | $4.6M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CRCL | −0.006% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.006% | +0.0296% | 8h | $2.9M | $1.5M | 20x | as long as short |
| Aevo CRCL-PERPlong | 0.000% | +0.0104% | 1h | $4 | — | 10x | |
| Nado CRCL-PERP | +0.002% | +0.0325% | 1h | $131K | $67K | 3x | as long as short |
| Phemex CRCLUSDT | +0.004% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| SoDEX CRCL-USD | +0.011% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.015% | +0.0100% | 8h | $939 | $3K | 10x | as long as short |
| BloFin CRCL-USDT | +0.015% | +0.0280% | 8h | $1.1M | $588K | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.025% | +0.0387% | 1h | $4K | $802K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.036% | +0.0127% | 1h | $71.3M | $40.0M | 10x | as long as short |
| Gate CRCL_USDT | +0.036% | 0.0000% | 8h | $7.2M | $25.9M | 50x | as long as short |
| Bybit CRCLUSDT | +0.047% | +0.0127% | 8h | $15.6M | $23.6M | 50x | as long as short |
| QFEX CRCL-USD | +0.047% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| RISEx CRCL/USDC | +0.057% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.059% | +0.0160% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Binance CRCLUSDT | +0.068% | +0.0160% | 8h | $107.3M | $360.4M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.068% | +0.0235% | 8h | $22.8M | $56.3M | 50x | as long as short |
| Paradex CRCL-USD-PERPshort | +0.070% | +0.0089% | 8h | $716 | $428 | 5x | |
| Lighter RH CRCL | +0.091% | +0.0032% | 1h | $794K | $2.7M | 10x | as long as short |
| Bitget CRCLUSDT | +0.100% | +0.0311% | 8h | $16.7M | $33.3M | 25x | as long as short |
| Lighter CRCL | +0.109% | +0.0296% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Variational Omni CRCL | +0.185% | +0.0097% | 8h | $2.5M | $3.2M | — | as long as short |
| Injective CRCL/USDC PERP | +0.408% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |