Spread before costs (cost unknown: a leg has no order-book sample)−0.216%
7d average—if it closes, per $10,000$22funding while held, a day+$6.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRCLUSDT | 94.090 | 0.0100 | pay 0.0013% / 1h | 6m 01s | $69K | $5K | 50x |
| Short | Nado CRCL-PERP | 93.887 | 0.0330 | get 0.0041% / 1h | 6m 01s | $131K | $67K | 3x |
ApeX Omni CRCLUSDT
Nado CRCL-PERPPrice 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
- −$21.55
- Funding while held
- $6.91
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$31.64
- Spread needed to break even
- 0.170%
Slippage unknown: ApeX Omni: no order-book sample; Nado: live order book, 28 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0230%
- Per $10,000 a day
- +$6.91
- 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 28 min ago | 1.59 bp | 7.1 bp −$7 | 22.1 bp −$221 | doesn't fit | doesn't fit |
ApeX Omni: 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.Vest93.810cheapest
VestNado93.887+0.082%
Ondo Perps93.920+0.117%QFEX93.930+0.128%Paradex93.932+0.130%tradeXYZ93.937+0.135%Arcus93.940+0.139%Pacifica93.941+0.140%Polymarket Perps93.946+0.145%BloFin93.950+0.149%Phemex93.970+0.171%SoDEX93.971+0.172%Gate93.980+0.181%Deribit93.980+0.181%Aftermath Perps93.984+0.186%Lighter RH93.987+0.189%Extended93.989+0.191%RISEx93.990+0.192%KuCoin93.990+0.192%Binance94.000+0.203%Bybit94.000+0.203%Aevo94.004+0.207%Aster94.010+0.213%Bitget94.010+0.213%Orderly94.010+0.213%OKX94.020+0.224%Lighter94.027+0.231%Coinbase International94.040+0.245%
Ondo Perps
QFEX
Paradex
tradeXYZ
Arcus
Pacifica
Polymarket Perps
BloFin
Phemex
SoDEX
Gate
Deribit
Lighter RH
Extended
RISEx
KuCoin
Binance
Bybit
Aevo
Aster
Bitget
Orderly
OKX
Lighter
Coinbase InternationalApeX Omni94.090+0.298%
edgeX94.229+0.446%Phoenix94.238+0.456%Variational Omni94.238+0.457%Injective94.740+0.991%
Phoenix
Variational Omni
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.298% | +0.0033% | 1h | — | $45K | 25x | as long as short |
| Nado CRCL-PERPshort | −0.216% | +0.0330% | 1h | $131K | $67K | 3x | |
| Ondo Perps CRCL-USD.P | −0.181% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| QFEX CRCL-USD | −0.170% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.168% | +0.0089% | 8h | $714 | $428 | 5x | as long as short |
| tradeXYZ xyz:CRCL | −0.163% | +0.0050% | 1h | $70.6M | $41.0M | 10x | as long as short |
| Arcus CRCL-USD | −0.159% | +0.0651% | 1h | $101K | $257K | 10x | as long as short |
| Pacifica CRCL | −0.158% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.153% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| BloFin CRCL-USDT | −0.149% | +0.0277% | 8h | $1.1M | $566K | 20x | as long as short |