Spread before costs (cost unknown: a leg has no order-book sample)+0.040%
7d average—if it closes, per $10,000$4funding while held, a day−$8.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CRCLUSD | 95.594 | 0.0310 | pay 0.0039% / 1h | 22m 36s | $1K | $11K | 5x |
| Short | Lighter RH CRCL | 95.632 | 0.0032 | get 0.0004% / 1h | 22m 36s | $881K | $2.4M | 10x |
Lighter RH CRCLPrice 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
- $3.96
- Funding while held
- −$8.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$13.38
- Spread needed to break even
- 0.090%
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0278%
- Per $10,000 a day
- −$8.34
- 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 Lighter RH live order book, 2 min ago | 3.25 bp | 3.3 bp −$3 | 7.2 bp −$72 | 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.Coinbase International95.330cheapestArcus95.420+0.094%QFEX95.450+0.126%Extended95.459+0.135%Vest95.470+0.147%Nado95.472+0.149%RISEx95.484+0.161%Gate95.500+0.178%Bybit95.520+0.199%Ondo Perps95.520+0.199%Phemex95.520+0.199%Polymarket Perps95.525+0.205%Binance95.531+0.211%Paradex95.533+0.213%Bitget95.550+0.231%OKX95.560+0.241%ApeX Omni95.560+0.241%Deribit95.570+0.252%BloFin95.570+0.252%Orderly95.580+0.262%Aevo95.593+0.276%Pacifica95.600+0.283%tradeXYZ95.608+0.292%KuCoin95.620+0.304%Aster95.623+0.308%SoDEX95.630+0.315%edgeX95.630+0.315%Variational Omni95.632+0.316%
Coinbase International
Arcus
QFEX
Extended
Vest
Nado
RISEx
Gate
Bybit
Ondo Perps
Phemex
Polymarket Perps
Binance
Paradex
Bitget
OKX
ApeX Omni
Deribit
BloFin
Orderly
Aevo
Pacifica
tradeXYZ
KuCoin
Aster
SoDEX
Variational OmniLighter RH95.632+0.317%
Lighter95.648+0.334%Phoenix95.717+0.406%Injective96.140+0.850%
Lighter
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.276% | +0.0080% | 1h | $935K | $739K | 10x | as long as short |
| Arcus CRCL-USD | −0.182% | +0.0040% | 1h | $123K | $223K | 10x | as long as short |
| QFEX CRCL-USD | −0.151% | +0.0042% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.142% | +0.0240% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.130% | +0.0046% | 1h | — | $35K | 25x | as long as short |
| Nado CRCL-PERP | −0.128% | +0.0215% | 1h | $131K | $77K | 3x | as long as short |
| RISEx CRCL/USDC | −0.115% | +0.0336% | 1h | $412K | $323K | 10x | as long as short |
| Gate CRCL_USDT | −0.098% | 0.0000% | 8h | $7.2M | $23.4M | 50x | as long as short |
| Bybit CRCLUSDT | −0.078% | +0.0153% | 8h | $16.0M | $21.4M | 50x | as long as short |
| Ondo Perps CRCL-USD.P | −0.078% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex CRCLUSDT | −0.078% | 0.0000% | 4h | $1.1M | $47K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.072% | +0.0050% | 1h | $379K | $1.1M | 10x | as long as short |
| Binance CRCLUSDT | −0.066% | +0.0242% | 8h | $107.5M | $311.3M | 50x | as long as short |
| Paradex CRCL-USD-PERP | −0.064% | +0.0107% | 8h | $726 | $428 | 5x | as long as short |
| Bitget CRCLUSDT | −0.046% | +0.0235% | 8h | $16.6M | $30.7M | 25x | as long as short |
| OKX CRCL-USDT-SWAP | −0.036% | +0.0221% | 8h | $22.7M | $51.0M | 50x | as long as short |
| ApeX Omni CRCLUSDT | −0.036% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.025% | +0.0378% | 1h | $1K | $799K | 10x | as long as short |
| BloFin CRCL-USDT | −0.025% | +0.0360% | 8h | $1.1M | $490K | 20x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.015% | +0.0100% | 8h | $953 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | −0.001% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Aftermath Perps CRCLUSDlong | 0.000% | +0.0310% | 1h | $1K | $11K | 5x | |
| Pacifica CRCL | +0.006% | +0.0100% | 1h | $89K | $89K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.015% | +0.0177% | 1h | $75.9M | $35.6M | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.027% | +0.0145% | 8h | $3.0M | $1.1M | 20x | as long as short |
| Aster CRCLUSDT | +0.031% | +0.0242% | 8h | $1.3M | $4.1M | 20x | as long as short |
| SoDEX CRCL-USD | +0.038% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| edgeX CRCLUSDC | +0.038% | +0.0927% | 4h | $21K | $261K | 10x | as long as short |
| Variational Omni CRCL | +0.039% | +0.0156% | 8h | $2.4M | $2.7M | — | as long as short |
| Lighter RH CRCLshort | +0.040% | +0.0032% | 1h | $881K | $2.4M | 10x | |
| Lighter CRCL | +0.056% | +0.0128% | 1h | $3.0M | $1.9M | 10x | as long as short |
| Phoenix CRCL | +0.129% | +0.0259% | 1h | $28K | $68K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.571% | +0.0440% | 1h | $5K | $105K | 30x | as long as short |