Spread before costs (cost unknown: a leg has no order-book sample)+0.172%
7d average—if it closes, per $10,000$17funding while held, a day−$1.15
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CRCLUSD | 95.576 | 0.0293 | pay 0.0037% / 1h | 34m 56s | $1K | $10K | 5x |
| Short | Aster CRCLUSDT | 95.740 | 0.0254 | get 0.0254% / 8h | 1h 34m | $1.3M | $4.0M | 20x |
Aster CRCLUSDTPrice 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
- $17.2
- Funding while held
- −$1.15
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$0.96
- Spread needed to break even
- 0.170%
Slippage unknown: Aftermath Perps: no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0038%
- Per $10,000 a day
- −$1.15
- 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 5 min ago | 2.10 bp | 6.1 bp −$6 | 11.2 bp −$112 | doesn't fit | doesn't fit |
Aftermath Perps: 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.Phoenix95.365cheapestApeX Omni95.460+0.100%Phemex95.630+0.278%Vest95.640+0.288%edgeX95.668+0.318%Coinbase International95.690+0.341%Pacifica95.700+0.351%Ondo Perps95.710+0.362%Arcus95.720+0.372%Nado95.724+0.377%Lighter RH95.733+0.386%Polymarket Perps95.737+0.390%
Phoenix
ApeX Omni
Phemex
Vest
Coinbase International
Pacifica
Ondo Perps
Arcus
Nado
Lighter RH
Polymarket PerpsAster95.740+0.393%
QFEX95.740+0.393%BloFin95.740+0.393%Paradex95.744+0.398%Lighter95.746+0.400%Orderly95.750+0.404%Deribit95.750+0.404%SoDEX95.764+0.418%Aevo95.785+0.440%Gate95.790+0.446%Variational Omni95.792+0.447%RISEx95.800+0.456%tradeXYZ95.802+0.458%Extended95.803+0.459%KuCoin95.810+0.467%Binance95.810+0.467%Bybit95.860+0.519%OKX95.860+0.519%Bitget95.880+0.540%Injective96.200+0.876%
QFEX
BloFin
Paradex
Lighter
Orderly
Deribit
SoDEX
Aevo
Gate
Variational Omni
RISEx
tradeXYZ
Extended
KuCoin
Binance
Bybit
OKX
Bitget
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix CRCL | −0.220% | +0.0259% | 1h | $5K | $68K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.121% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Aftermath Perps CRCLUSDlong | 0.000% | +0.0293% | 1h | $1K | $10K | 5x | |
| Phemex CRCLUSDT | +0.057% | 0.0000% | 4h | $1.1M | $47K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.067% | +0.0046% | 1h | — | $33K | 25x | as long as short |
| edgeX CRCLUSDC | +0.097% | +0.0516% | 4h | $21K | $262K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.120% | +0.0080% | 1h | $938K | $741K | 10x | as long as short |
| Pacifica CRCL | +0.130% | +0.0100% | 1h | $89K | $89K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.141% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
| Arcus CRCL-USD | +0.151% | +0.0040% | 1h | $123K | $217K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | +0.156% | +0.0175% | 1h | $131K | $77K | 3x | as long as short |
| Lighter RH CRCL | +0.165% | +0.0032% | 1h | $877K | $2.4M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.169% | +0.0050% | 1h | $380K | $1.1M | 10x | as long as short |
| Aster CRCLUSDTshort | +0.172% | +0.0254% | 8h | $1.3M | $4.0M | 20x | |
| QFEX CRCL-USD | +0.172% | +0.0042% | 1h | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRCL-USDT | +0.172% | +0.0365% | 8h | $1.1M | $490K | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.177% | +0.0108% | 8h | $728 | $428 | 5x | as long as short |
| Lighter CRCL | +0.178% | +0.0072% | 1h | $3.0M | $1.9M | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.182% | +0.0100% | 8h | $955 | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.182% | +0.0272% | 1h | $1K | $799K | 10x | as long as short |
| SoDEX CRCL-USD | +0.197% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.219% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Gate CRCL_USDT | +0.224% | 0.0000% | 8h | $7.2M | $22.9M | 50x | as long as short |
| Variational Omni CRCL | +0.226% | +0.0161% | 8h | $2.4M | $2.6M | — | as long as short |
| RISEx CRCL/USDC | +0.235% | +0.0336% | 1h | $414K | $324K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.237% | +0.0148% | 1h | $76.4M | $34.8M | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.238% | +0.0248% | 1h | $1.0M | $3.0M | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.245% | +0.0100% | 8h | $3.0M | $1.1M | 20x | as long as short |
| Binance CRCLUSDT | +0.245% | +0.0245% | 8h | $107.0M | $305.1M | 50x | as long as short |
| Bybit CRCLUSDT | +0.298% | +0.0149% | 8h | $16.1M | $21.1M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.298% | +0.0221% | 8h | $22.7M | $50.4M | 50x | as long as short |
| Bitget CRCLUSDT | +0.318% | +0.0217% | 8h | $16.6M | $30.1M | 25x | as long as short |
| Injective CRCL/USDC PERP | +0.653% | +0.0440% | 1h | $5K | $87K | 30x | as long as short |