After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.115%7d average+0.073%fees + slippage, in and out−$44spread needed0.443%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus CRCL-USD | 94.160 | 0.0586 | pay 0.0073% / 1h | 43m 25s | $104K | $251K | 10x |
| Short | edgeX CRCLUSDC | 94.268 | 0.0976 | get 0.0488% / 4h | 2h 43m | $24K | $266K | 10x |
Arcus CRCL-USDPrice 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
- $11.46
- Funding while held
- $11.7
- Slippage, 4 orders
- −$30.78
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$21.12
- Spread needed to break even
- 0.443%
Slippage from Arcus: live order book, 61 min ago; edgeX: live order book, 61 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0390%
- Per $10,000 a day
- +$11.70
- 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 Arcus live order book, 61 min ago | 1.59 bp | 7.3 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 7.91 bp | 20.0 bp −$20 | 32.6 bp −$326 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International94.100cheapestVest94.110+0.011%Polymarket Perps94.155+0.058%
Coinbase International
Vest
Polymarket PerpsArcus94.160+0.064%
QFEX94.160+0.064%Aster94.170+0.074%Extended94.170+0.074%Bitget94.170+0.074%Ondo Perps94.180+0.085%Gate94.180+0.085%tradeXYZ94.184+0.089%Nado94.185+0.090%Binance94.186+0.091%Bybit94.190+0.096%Pacifica94.193+0.099%RISEx94.195+0.101%Orderly94.200+0.106%Paradex94.201+0.107%Aftermath Perps94.210+0.117%KuCoin94.220+0.128%Lighter RH94.222+0.130%OKX94.240+0.149%ApeX Omni94.240+0.149%Lighter94.260+0.170%Deribit94.290+0.202%Phemex94.290+0.202%Variational Omni94.298+0.211%Aevo94.300+0.213%Phoenix94.300+0.213%BloFin94.300+0.213%SoDEX94.306+0.219%Injective94.760+0.701%
QFEX
Aster
Extended
Bitget
Ondo Perps
Gate
tradeXYZ
Nado
Binance
Bybit
Pacifica
RISEx
Orderly
Paradex
KuCoin
Lighter RH
OKX
ApeX Omni
Lighter
Deribit
Phemex
Variational Omni
Aevo
Phoenix
BloFin
SoDEX
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.064% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.053% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| Polymarket Perps CRCL-USD | −0.005% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| Arcus CRCL-USDlong | 0.000% | +0.0586% | 1h | $104K | $251K | 10x | |
| QFEX CRCL-USD | 0.000% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Aster CRCLUSDT | +0.011% | +0.0134% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Extended CRCL_24_5-USD | +0.011% | +0.0152% | 1h | $1.1M | $3.2M | 10x | as long as short |
| Bitget CRCLUSDT | +0.011% | +0.0304% | 8h | $16.9M | $33.2M | 25x | as long as short |
| Ondo Perps CRCL-USD.P | +0.021% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Gate CRCL_USDT | +0.021% | 0.0000% | 8h | $7.1M | $25.7M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | +0.025% | +0.0146% | 1h | $71.2M | $40.3M | 10x | as long as short |
| Nado CRCL-PERP | +0.027% | +0.0334% | 1h | $132K | $66K | 3x | as long as short |
| Binance CRCLUSDT | +0.028% | +0.0153% | 8h | $107.2M | $359.0M | 50x | as long as short |
| Bybit CRCLUSDT | +0.032% | +0.0101% | 8h | $15.7M | $23.4M | 50x | as long as short |
| Pacifica CRCL | +0.035% | +0.0100% | 1h | $75K | $96K | 10x | as long as short |
| RISEx CRCL/USDC | +0.037% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.042% | +0.0100% | 8h | $939 | $3K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.043% | +0.0085% | 8h | $716 | $428 | 5x | as long as short |
| Aftermath Perps CRCLUSD | +0.054% | +0.0353% | 1h | $2K | $14K | 5x | as long as short |
| KuCoin CRCLUSDTM | +0.064% | +0.0299% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Lighter RH CRCL | +0.066% | +0.0032% | 1h | $793K | $2.7M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.085% | +0.0220% | 8h | $22.7M | $56.3M | 50x | as long as short |
| ApeX Omni CRCLUSDT | +0.085% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Lighter CRCL | +0.106% | +0.0272% | 1h | $2.9M | $2.0M | 10x | as long as short |
| edgeX CRCLUSDCshort | +0.115% | +0.0976% | 4h | $24K | $266K | 10x | |
| Deribit CRCL_USDC-PERPETUAL | +0.138% | +0.0281% | 1h | $4K | $802K | 10x | as long as short |
| Phemex CRCLUSDT | +0.138% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Variational Omni CRCL | +0.147% | +0.0083% | 8h | $2.5M | $3.2M | — | as long as short |
| Aevo CRCL-PERP | +0.149% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.149% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| BloFin CRCL-USDT | +0.149% | +0.0273% | 8h | $1.1M | $589K | 20x | as long as short |
| SoDEX CRCL-USD | +0.155% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.637% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |