Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d average—if it closes, per $10,000$3funding while held, a day−$8.30
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CRCLUSD | 94.366 | 0.0277 | pay 0.0035% / 1h | 46m 04s | $2K | $13K | 5x |
| Short | Gate CRCL_USDT | 94.340 | 0 | get 0.0000% / 8h | 7h 46m | $7.1M | $25.2M | 50x |
Gate CRCL_USDTPrice 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
- −$2.73
- Funding while held
- −$8.3
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$35.04
- Spread needed to break even
- 0.240%
Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0277%
- Per $10,000 a day
- −$8.30
- 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 Gate live order book, 4 min ago | 2.12 bp | 15.0 bp −$15 | 37.3 bp −$373 | 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.tradeXYZ94.273cheapestVariational Omni94.283+0.011%Vest94.310+0.039%Aster94.330+0.060%Binance94.330+0.060%Phoenix94.332+0.063%Nado94.339+0.070%Bybit94.340+0.071%
tradeXYZ
Variational Omni
Vest
Aster
Binance
Phoenix
Nado
BybitGate94.340+0.071%
KuCoin94.350+0.082%SoDEX94.356+0.088%Polymarket Perps94.358+0.090%OKX94.360+0.092%Phemex94.360+0.092%Bitget94.370+0.103%Deribit94.380+0.114%Extended94.386+0.120%Lighter RH94.389+0.123%QFEX94.390+0.124%Pacifica94.391+0.125%RISEx94.395+0.129%Orderly94.400+0.135%Paradex94.400+0.135%Aevo94.403+0.138%Lighter94.433+0.170%Ondo Perps94.460+0.198%ApeX Omni94.490+0.230%edgeX94.530+0.272%BloFin94.550+0.294%Coinbase International94.590+0.336%Arcus94.650+0.400%Injective94.980+0.750%
KuCoin
SoDEX
Polymarket Perps
OKX
Phemex
Bitget
Deribit
Extended
Lighter RH
QFEX
Pacifica
RISEx
Orderly
Paradex
Aevo
Lighter
Ondo Perps
ApeX Omni
BloFin
Coinbase International
Arcus
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.098% | +0.0050% | 1h | $70.9M | $39.8M | 10x | as long as short |
| Variational Omni CRCL | −0.088% | +0.0078% | 8h | $2.2M | $2.9M | — | as long as short |
| Vest CRCL-USD-PERP | −0.059% | +0.0038% | 1h | — | $45K | 25x | as long as short |
| Aster CRCLUSDT | −0.038% | +0.0161% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Binance CRCLUSDT | −0.038% | +0.0170% | 8h | $106.4M | $350.4M | 50x | as long as short |
| Phoenix CRCL | −0.036% | +0.0204% | 1h | $28K | $92K | 10x | as long as short |
| Nado CRCL-PERP | −0.028% | +0.0282% | 1h | $131K | $78K | 3x | as long as short |
| Bybit CRCLUSDT | −0.027% | +0.0071% | 8h | $15.4M | $23.2M | 50x | as long as short |
| Gate CRCL_USDTshort | −0.027% | 0.0000% | 8h | $7.1M | $25.2M | 50x | |
| KuCoin CRCLUSDTM | −0.017% | +0.0233% | 8h | $2.9M | $1.4M | 20x | as long as short |