Spread before costs (cost unknown: a leg has no order-book sample)+0.011%
7d average—if it closes, per $10,000$1funding while held, a day−$7.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CRCLUSD | 95.850 | 0.0298 | pay 0.0037% / 1h | 28m 44s | $1K | $10K | 5x |
| Short | Polymarket Perps CRCL-USD | 95.860 | 0.0050 | get 0.0006% / 1h | 28m 44s | $381K | $1.1M | 10x |
Price 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
- $1.09
- Funding while held
- −$7.43
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.33
- Spread needed to break even
- 0.170%
Slippage unknown: Aftermath Perps: no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0248%
- Per $10,000 a day
- −$7.43
- 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 Polymarket Perps live order book, 1 min ago | 2.71 bp | 8.1 bp −$8 | 8.4 bp −$84 | 10.6 bp −$1,058 | 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.CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended CRCL_24_5-USD | −0.291% | +0.0240% | 1h | $1.0M | $3.0M | 10x | as long as short |
| Aster CRCLUSDT | −0.242% | +0.0251% | 8h | $1.3M | $4.1M | 20x | as long as short |
| KuCoin CRCLUSDTM | −0.219% | +0.0112% | 8h | $3.0M | $1.1M | 20x | as long as short |
| Binance CRCLUSDT | −0.202% | +0.0242% | 8h | $107.6M | $309.0M | 50x | as long as short |
| Bitget CRCLUSDT | −0.187% | +0.0226% | 8h | $16.6M | $30.6M | 25x | as long as short |
| tradeXYZ xyz:CRCL | −0.186% | +0.0159% | 1h | $76.1M | $35.4M | 10x | as long as short |
| Bybit CRCLUSDT | −0.177% | +0.0152% | 8h | $16.0M | $21.3M | 50x | as long as short |
| Gate CRCL_USDT | −0.177% | 0.0000% | 8h | $7.2M | $23.3M | 50x | as long as short |
| Lighter RH CRCL | −0.166% | +0.0032% | 1h | $878K | $2.4M | 10x | as long as short |
| Lighter CRCL | −0.158% | +0.0072% | 1h | $3.0M | $1.9M | 10x | as long as short |
Polymarket Perps CRCL-USD
Extended
Aster
KuCoin
Binance
Bitget
tradeXYZ
Bybit
Gate
Lighter RH
Lighter
Deribit
OKX
SoDEX
BloFin
Phemex
Pacifica
RISEx
Phoenix
Paradex
ApeX Omni
Coinbase International
Variational Omni
Injective