Spread before costs (cost unknown: a leg has no order-book sample)−0.487%
7d average—if it closes, per $10,000$49funding while held, a day+$7.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRCLUSDT | 95.560 | 0.0100 | pay 0.0013% / 1h | 19m 38s | $69K | $8K | 50x |
| Short | RISEx CRCL/USDC | 95.095 | 0.0336 | get 0.0042% / 1h | 19m 38s | $411K | $323K | 10x |
ApeX Omni CRCLUSDT
RISEx CRCL/USDCPrice 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
- −$48.66
- Funding while held
- $7.09
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$57.57
- Spread needed to break even
- 0.160%
Slippage unknown: ApeX Omni: no order-book sample; RISEx: live order book, 35 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0236%
- Per $10,000 a day
- +$7.09
- 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 RISEx live order book, 35 min ago | 3.67 bp | 6.7 bp −$7 | 8.6 bp −$86 | 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.Ondo Perps94.940cheapestSoDEX95.004+0.067%Deribit95.020+0.084%Pacifica95.055+0.121%Arcus95.070+0.137%Gate95.090+0.158%tradeXYZ95.092+0.160%
Ondo Perps
SoDEX
Deribit
Pacifica
Arcus
Gate
tradeXYZRISEx95.095+0.163%
Extended95.096+0.165%Orderly95.100+0.169%QFEX95.110+0.179%Phemex95.110+0.179%Aster95.112+0.181%Paradex95.119+0.188%Binance95.130+0.201%OKX95.140+0.211%Aevo95.164+0.236%Lighter RH95.165+0.237%Bybit95.180+0.253%Bitget95.180+0.253%Lighter95.183+0.256%KuCoin95.220+0.295%Vest95.240+0.316%Polymarket Perps95.300+0.379%Coinbase International95.300+0.379%Nado95.305+0.385%Aftermath Perps95.510+0.601%Variational Omni95.514+0.604%edgeX95.544+0.636%BloFin95.550+0.643%
Extended
Orderly
QFEX
Phemex
Aster
Paradex
Binance
OKX
Aevo
Lighter RH
Bybit
Bitget
Lighter
KuCoin
Vest
Polymarket Perps
Coinbase International
Nado
Variational Omni
BloFinApeX Omni95.560+0.653%
Phoenix95.693+0.793%Injective95.990+1.106%
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | −0.649% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
| SoDEX CRCL-USD | −0.582% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.565% | +0.0171% | 1h | $1K | $799K | 10x | as long as short |
| Pacifica CRCL | −0.528% | +0.0100% | 1h | $90K | $90K | 10x | as long as short |
| Arcus CRCL-USD | −0.513% | +0.0040% | 1h | $122K | $223K | 10x | as long as short |
| Gate CRCL_USDT | −0.492% | 0.0000% | 8h | $7.1M | $23.5M | 50x | as long as short |
| tradeXYZ xyz:CRCL | −0.490% | +0.0181% | 1h | $75.1M | $36.1M | 10x | as long as short |
| RISEx CRCL/USDCshort | −0.487% | +0.0336% | 1h | $411K | $323K | 10x | |
| Extended CRCL_24_5-USD | −0.485% | +0.0248% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.481% | +0.0100% | 8h | $948 | $3K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX CRCL-USD | −0.471% | +0.0042% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Phemex CRCLUSDT | −0.471% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Aster CRCLUSDT | −0.469% | +0.0241% | 8h | $1.3M | $4.1M | 20x | as long as short |
| Paradex CRCL-USD-PERP | −0.462% | +0.0109% | 8h | $723 | $428 | 5x | as long as short |
| Binance CRCLUSDT | −0.450% | +0.0244% | 8h | $107.6M | $312.7M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.440% | +0.0221% | 8h | $22.6M | $50.8M | 50x | as long as short |
| Aevo CRCL-PERP | −0.415% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Lighter RH CRCL | −0.413% | +0.0032% | 1h | $867K | $2.4M | 10x | as long as short |
| Bybit CRCLUSDT | −0.398% | +0.0153% | 8h | $15.9M | $21.4M | 50x | as long as short |
| Bitget CRCLUSDT | −0.398% | +0.0239% | 8h | $16.5M | $30.8M | 25x | as long as short |
| Lighter CRCL | −0.395% | +0.0152% | 1h | $2.9M | $1.9M | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.356% | +0.0155% | 8h | $3.0M | $1.2M | 20x | as long as short |
| Vest CRCL-USD-PERP | −0.335% | +0.0046% | 1h | — | $35K | 25x | as long as short |
| Polymarket Perps CRCL-USD | −0.272% | +0.0050% | 1h | $379K | $1.1M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.272% | +0.0080% | 1h | $935K | $739K | 10x | as long as short |
| Nado CRCL-PERP | −0.267% | +0.0230% | 1h | $130K | $78K | 3x | as long as short |
| Aftermath Perps CRCLUSD | −0.052% | +0.0333% | 1h | $1K | $11K | 5x | as long as short |
| Variational Omni CRCL | −0.049% | +0.0161% | 8h | $2.4M | $2.7M | — | as long as short |
| edgeX CRCLUSDC | −0.017% | +0.0917% | 4h | $21K | $261K | 10x | as long as short |
| BloFin CRCL-USDT | −0.010% | +0.0363% | 8h | $1.1M | $499K | 20x | as long as short |
| ApeX Omni CRCLUSDTlong | 0.000% | +0.0100% | 1h | $69K | $8K | 50x | |
| Phoenix CRCL | +0.139% | +0.0259% | 1h | $28K | $68K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.450% | +0.0440% | 1h | $5K | $105K | 30x | as long as short |