After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.044%7d average−0.027%fees + slippage, in and out−$44spread needed0.435%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CRCLUSDT | 94.631 | 0.0199 | pay 0.0199% / 8h | 31m 47s | $1.1M | $4.4M | 20x |
| Short | Nado CRCL-PERP | 94.590 | 0.0288 | get 0.0036% / 1h | 31m 47s | $132K | $79K | 3x |
Aster 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
- −$4.37
- Funding while held
- $2.67
- Slippage, 4 orders
- −$28.51
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$45.22
- Spread needed to break even
- 0.435%
Slippage from Aster: live order book, 3 min ago; Nado: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0089%
- Per $10,000 a day
- +$2.67
- 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 Aster live order book, 3 min ago | 2.11 bp | 8.5 bp −$8 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Nado live order book, 17 min ago | 4.74 bp | 13.2 bp −$13 | 25.7 bp −$257 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest94.570cheapestDeribit94.580+0.011%SoDEX94.586+0.017%Extended94.587+0.018%
Vest
Deribit
SoDEX
ExtendedNado94.590+0.021%
Orderly94.600+0.032%tradeXYZ94.605+0.037%Binance94.620+0.053%Arcus94.620+0.053%Paradex94.628+0.061%Aevo94.630+0.063%OKX94.630+0.063%
Orderly
tradeXYZ
Binance
Arcus
Paradex
Aevo
OKXAster94.631+0.065%
Variational Omni94.636+0.070%Lighter RH94.637+0.071%Pacifica94.639+0.073%Bitget94.640+0.074%Phemex94.640+0.074%Bybit94.650+0.085%Ondo Perps94.650+0.085%Polymarket Perps94.655+0.090%KuCoin94.660+0.095%Gate94.670+0.106%Lighter94.687+0.124%QFEX94.690+0.127%Coinbase International94.700+0.137%RISEx94.710+0.148%BloFin94.720+0.159%ApeX Omni94.730+0.169%Aftermath Perps94.739+0.179%edgeX94.761+0.202%Phoenix94.777+0.219%Injective95.530+1.015%
Variational Omni
Lighter RH
Pacifica
Bitget
Phemex
Bybit
Ondo Perps
Polymarket Perps
KuCoin
Gate
Lighter
QFEX
Coinbase International
RISEx
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 | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.065% | +0.0046% | 1h | — | $41K | 25x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.054% | 0.0000% | 1h | $4K | $801K | 10x | as long as short |
| SoDEX CRCL-USD | −0.048% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.047% | +0.0208% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Nado CRCL-PERPshort | −0.044% | +0.0288% | 1h | $132K | $79K | 3x | |
| Orderly PERP_CRCL_USDC_mythos | −0.033% | +0.0100% | 8h | $943 | $3K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.028% | +0.0050% | 1h | $71.7M | $39.6M | 10x | as long as short |
| Binance CRCLUSDT | −0.012% | +0.0207% | 8h | $107.3M | $335.2M | 50x | as long as short |
| Arcus CRCL-USD | −0.012% | +0.0063% | 1h | $110K | $252K | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.004% | +0.0086% | 8h | $719 | $428 | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo CRCL-PERP | −0.001% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | −0.001% | +0.0207% | 8h | $22.6M | $53.2M | 50x | as long as short |
| Aster CRCLUSDTlong | 0.000% | +0.0199% | 8h | $1.1M | $4.4M | 20x | |
| Variational Omni CRCL | +0.005% | +0.0148% | 8h | $2.4M | $2.7M | — | as long as short |
| Lighter RH CRCL | +0.006% | +0.0032% | 1h | $816K | $2.6M | 10x | as long as short |
| Pacifica CRCL | +0.009% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| Bitget CRCLUSDT | +0.009% | +0.0267% | 8h | $16.4M | $32.0M | 25x | as long as short |
| Phemex CRCLUSDT | +0.009% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Bybit CRCLUSDT | +0.020% | +0.0148% | 8h | $16.0M | $22.0M | 50x | as long as short |
| Ondo Perps CRCL-USD.P | +0.020% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.025% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.031% | +0.0214% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Gate CRCL_USDT | +0.041% | 0.0000% | 8h | $7.1M | $24.6M | 50x | as long as short |
| Lighter CRCL | +0.059% | +0.0168% | 1h | $2.9M | $2.0M | 10x | as long as short |
| QFEX CRCL-USD | +0.062% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.073% | +0.0088% | 1h | $931K | $748K | 10x | as long as short |
| RISEx CRCL/USDC | +0.083% | +0.0101% | 1h | $405K | $334K | 10x | as long as short |
| BloFin CRCL-USDT | +0.094% | +0.0331% | 8h | $1.1M | $511K | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.104% | +0.0100% | 1h | $70K | $8K | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.114% | +0.0301% | 1h | $2K | $12K | 5x | as long as short |
| edgeX CRCLUSDC | +0.137% | +0.0911% | 4h | $21K | $262K | 10x | as long as short |
| Phoenix CRCL | +0.154% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.950% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |