After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.032%7d average−0.057%fees + slippage, in and out−$29spread needed0.287%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CRCLUSDT | 93.949 | 0.0136 | pay 0.0136% / 8h | 5h 01m | $1.1M | $4.6M | 20x |
| Short | QFEX CRCL-USD | 93.980 | 0.0067 | get 0.0008% / 1h | 1m 04s | $1.3M | $2.6M | 10x |
Aster CRCLUSDT
QFEX 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
- $3.25
- Funding while held
- −$2.07
- Slippage, 4 orders
- −$10.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$27.56
- Spread needed to break even
- 0.287%
Slippage from Aster: live order book, 4 min ago; QFEX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0069%
- Per $10,000 a day
- −$2.07
- 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, 4 min ago | 2.13 bp | 7.7 bp −$8 | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.60 bp | 6.6 bp −$7 | 6.6 bp −$66 | 11.0 bp −$1,099 | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest93.810cheapestNado93.861+0.055%tradeXYZ93.884+0.079%Phoenix93.912+0.109%Extended93.919+0.116%Coinbase International93.920+0.117%Polymarket Perps93.927+0.125%Binance93.940+0.139%Bybit93.940+0.139%Arcus93.940+0.139%Gate93.940+0.139%KuCoin93.940+0.139%Bitget93.940+0.139%ApeX Omni93.940+0.139%Deribit93.940+0.139%Lighter RH93.941+0.140%SoDEX93.946+0.145%
Vest
Nado
tradeXYZ
Phoenix
Extended
Coinbase International
Polymarket Perps
Binance
Bybit
Arcus
Gate
KuCoin
Bitget
ApeX Omni
Deribit
Lighter RH
SoDEXAster93.949+0.149%
Ondo Perps93.950+0.149%Orderly93.950+0.149%Paradex93.954+0.153%Aevo93.957+0.156%RISEx93.961+0.161%Variational Omni93.968+0.169%Pacifica93.969+0.169%OKX93.970+0.171%Phemex93.970+0.171%BloFin93.970+0.171%Lighter93.978+0.179%
Ondo Perps
Orderly
Paradex
Aevo
RISEx
Variational Omni
Pacifica
OKX
Phemex
BloFin
LighterQFEX93.980+0.181%
Aftermath Perps93.981+0.182%edgeX94.006+0.209%Injective94.450+0.682%
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 | −0.148% | +0.0037% | 1h | — | $45K | 25x | as long as short |
| Nado CRCL-PERP | −0.094% | +0.0334% | 1h | $131K | $67K | 3x | as long as short |
| tradeXYZ xyz:CRCL | −0.070% | +0.0050% | 1h | $70.6M | $41.0M | 10x | as long as short |
| Phoenix CRCL | −0.040% | +0.0248% | 1h | $28K | $92K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.033% | +0.0152% | 1h | $1.2M | $3.5M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.031% | +0.0120% | 1h | $939K | $745K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.024% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| Binance CRCLUSDT | −0.010% | +0.0153% | 8h | $107.3M | $371.4M | 50x | as long as short |
| Bybit CRCLUSDT | −0.010% | +0.0049% | 8h | $15.0M | $24.8M | 50x | as long as short |
| Arcus CRCL-USD | −0.010% | +0.0651% | 1h | $101K | $257K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate CRCL_USDT | −0.010% | 0.0000% | 8h | $7.1M | $26.6M | 50x | as long as short |
| KuCoin CRCLUSDTM | −0.010% | +0.0189% | 8h | $2.9M | $1.6M | 20x | as long as short |
| Bitget CRCLUSDT | −0.010% | +0.0381% | 8h | $16.7M | $34.0M | 25x | as long as short |
| ApeX Omni CRCLUSDT | −0.010% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.010% | +0.0602% | 1h | $4K | $802K | 10x | as long as short |
| Lighter RH CRCL | −0.009% | +0.0032% | 1h | $799K | $2.7M | 10x | as long as short |
| SoDEX CRCL-USD | −0.004% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Aster CRCLUSDTlong | 0.000% | +0.0136% | 8h | $1.1M | $4.6M | 20x | |
| Ondo Perps CRCL-USD.P | +0.001% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.001% | +0.0100% | 8h | $937 | $3K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.004% | +0.0092% | 8h | $714 | $428 | 5x | as long as short |
| Aevo CRCL-PERP | +0.007% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| RISEx CRCL/USDC | +0.012% | +0.0163% | 1h | $417K | $323K | 10x | as long as short |
| Variational Omni CRCL | +0.020% | +0.0103% | 8h | $2.5M | $3.2M | — | as long as short |
| Pacifica CRCL | +0.021% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.022% | +0.0258% | 8h | $22.7M | $58.3M | 50x | as long as short |
| Phemex CRCLUSDT | +0.022% | 0.0000% | 4h | $1.0M | $46K | 10x | as long as short |
| BloFin CRCL-USDT | +0.022% | +0.0273% | 8h | $1.1M | $567K | 20x | as long as short |
| Lighter CRCL | +0.030% | +0.0312% | 1h | $2.9M | $2.1M | 10x | as long as short |
| QFEX CRCL-USDshort | +0.032% | +0.0067% | 1h | $1.3M | $2.6M | 10x | |
| Aftermath Perps CRCLUSD | +0.033% | +0.0343% | 1h | $2K | $16K | 5x | as long as short |
| edgeX CRCLUSDC | +0.060% | +0.0615% | 4h | $24K | $266K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.533% | +0.0440% | 1h | $5K | $42K | 30x | as long as short |