Spread before costs (cost unknown: a leg has no order-book sample)−0.438%
7d average—if it closes, per $10,000$44funding while held, a day−$4.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CRCLUSD | 95.510 | 0.0333 | pay 0.0042% / 1h | 19m 52s | $1K | $11K | 5x |
| Short | tradeXYZ xyz:CRCL | 95.092 | 0.0181 | get 0.0023% / 1h | 19m 52s | $75.1M | $36.1M | 10x |
tradeXYZ xyz: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
- −$43.81
- Funding while held
- −$4.57
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$75.38
- Spread needed to break even
- 0.270%
Slippage unknown: Aftermath Perps: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0152%
- Per $10,000 a day
- −$4.57
- 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 tradeXYZ live order book, 11 min ago | 0.68 bp | 10.7 bp −$11 | 12.9 bp −$129 | 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.SoDEX95.004cheapestDeribit95.020+0.017%Extended95.045+0.043%Aster95.048+0.046%
SoDEX
Deribit
Extended
AstertradeXYZ95.092+0.093%
Orderly95.100+0.101%Binance95.110+0.111%Gate95.110+0.112%Phemex95.110+0.112%Bybit95.120+0.122%OKX95.150+0.154%KuCoin95.150+0.154%Bitget95.160+0.164%Aevo95.164+0.168%Lighter RH95.165+0.169%Lighter95.183+0.188%Vest95.240+0.248%Ondo Perps95.290+0.301%Arcus95.300+0.312%Polymarket Perps95.300+0.312%Coinbase International95.300+0.312%Nado95.305+0.317%Paradex95.316+0.329%QFEX95.320+0.333%RISEx95.350+0.364%Pacifica95.364+0.379%Variational Omni95.514+0.536%edgeX95.544+0.568%BloFin95.550+0.575%ApeX Omni95.560+0.585%Phoenix95.693+0.725%Injective95.990+1.038%
Orderly
Binance
Gate
Phemex
Bybit
OKX
KuCoin
Bitget
Aevo
Lighter RH
Lighter
Vest
Ondo Perps
Arcus
Polymarket Perps
Coinbase International
Nado
Paradex
QFEX
RISEx
Pacifica
Variational Omni
BloFin
ApeX Omni
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CRCL-USD | −0.530% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.514% | +0.0171% | 1h | $1K | $799K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.487% | +0.0248% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Aster CRCLUSDT | −0.484% | +0.0245% | 8h | $1.3M | $4.1M | 20x | as long as short |
| tradeXYZ xyz:CRCLshort | −0.438% | +0.0181% | 1h | $75.1M | $36.1M | 10x | |
| Orderly PERP_CRCL_USDC_mythos | −0.430% | +0.0100% | 8h | $948 | $3K | 10x | as long as short |
| Binance CRCLUSDT | −0.420% | +0.0244% | 8h | $107.6M | $312.7M | 50x | as long as short |
| Gate CRCL_USDT | −0.419% | 0.0000% | 8h | $7.1M | $23.5M | 50x | as long as short |
| Phemex CRCLUSDT | −0.419% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Bybit CRCLUSDT | −0.409% | +0.0153% | 8h | $15.9M | $21.4M | 50x | as long as short |