Spread before costs (cost unknown: a leg has no order-book sample)−0.096%
7d average—if it closes, per $10,000$10funding while held, a day−$3.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CRCLUSD | 94.261 | 0.0356 | pay 0.0045% / 1h | 30m 34s | $2K | $14K | 5x |
| Short | OKX CRCL-USDT-SWAP | 94.170 | 0.0230 | get 0.0230% / 8h | 6h 30m | $22.7M | $56.3M | 50x |
OKX CRCL-USDT-SWAPPrice 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
- −$9.64
- Funding while held
- −$3.8
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.44
- Spread needed to break even
- 0.190%
Slippage unknown: Aftermath Perps: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0127%
- Per $10,000 a day
- −$3.80
- 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 OKX live order book, 5 min ago | 0.53 bp | 8.6 bp −$9 | 13.6 bp −$136 | 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.tradeXYZ94.027cheapestGate94.050+0.024%KuCoin94.070+0.046%Pacifica94.074+0.050%Paradex94.087+0.064%Bybit94.090+0.067%Lighter RH94.108+0.086%QFEX94.110+0.088%Extended94.112+0.090%Aster94.114+0.093%Vest94.140+0.120%Deribit94.140+0.120%Phemex94.140+0.120%SoDEX94.146+0.127%Binance94.150+0.131%Bitget94.150+0.131%Lighter94.154+0.135%RISEx94.159+0.141%
tradeXYZ
Gate
KuCoin
Pacifica
Paradex
Bybit
Lighter RH
QFEX
Extended
Aster
Vest
Deribit
Phemex
SoDEX
Binance
Bitget
Lighter
RISExOKX94.170+0.152%
Orderly94.170+0.152%Arcus94.180+0.163%Aevo94.203+0.187%Nado94.206+0.190%Polymarket Perps94.206+0.190%ApeX Omni94.250+0.237%Coinbase International94.290+0.280%Phoenix94.300+0.290%BloFin94.310+0.301%Variational Omni94.340+0.333%Ondo Perps94.400+0.397%edgeX94.439+0.438%Injective94.880+0.907%
Orderly
Arcus
Aevo
Nado
Polymarket Perps
ApeX Omni
Coinbase International
Phoenix
BloFin
Variational Omni
Ondo Perps
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.248% | +0.0130% | 1h | $71.1M | $40.0M | 10x | as long as short |
| Gate CRCL_USDT | −0.224% | 0.0000% | 8h | $7.1M | $25.8M | 50x | as long as short |
| KuCoin CRCLUSDTM | −0.203% | +0.0294% | 8h | $2.9M | $1.5M | 20x | as long as short |
| Pacifica CRCL | −0.198% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.184% | +0.0090% | 8h | $715 | $428 | 5x | as long as short |
| Bybit CRCLUSDT | −0.181% | +0.0117% | 8h | $15.7M | $23.5M | 50x | as long as short |
| Lighter RH CRCL | −0.162% | +0.0032% | 1h | $793K | $2.7M | 10x | as long as short |
| QFEX CRCL-USD | −0.160% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.158% | +0.0160% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Aster CRCLUSDT | −0.155% | +0.0144% | 8h | $1.1M | $4.6M | 20x | as long as short |