After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.011%7d average+0.029%fees + slippage, in and out−$31spread needed0.307%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRCLUSDT | 94.330 | 0.0170 | pay 0.0170% / 8h | 7h 45m | $106.4M | $350.4M | 50x |
| Short | Bitget CRCLUSDT | 94.320 | 0.0265 | get 0.0265% / 8h | 7h 45m | $16.6M | $32.8M | 25x |
Binance CRCLUSDT
Bitget CRCLUSDTPrice 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
- −$1.06
- Funding while held
- $2.85
- Slippage, 4 orders
- −$8.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$28.91
- Spread needed to break even
- 0.307%
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0095%
- Per $10,000 a day
- +$2.85
- 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 Binance live order book, 14 min ago | 0.53 bp | 6.3 bp −$6 | 10.5 bp −$105 | 31.1 bp −$3,106 | 127.8 bp −$63.9K |
| Sell Bitget live order book, 9 min ago | 1.60 bp | 9.5 bp −$9 | 16.1 bp −$161 | 62.9 bp −$6,287 | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ94.273cheapestVariational Omni94.283+0.011%Gate94.310+0.039%Vest94.310+0.039%KuCoin94.320+0.050%
tradeXYZ
Variational Omni
Gate
Vest
KuCoinBitget94.320+0.050%
Extended94.325+0.055%Aster94.330+0.060%
Extended
AsterBinance94.330+0.060%
Phoenix94.332+0.063%Nado94.339+0.070%Bybit94.340+0.071%OKX94.350+0.082%SoDEX94.356+0.088%Polymarket Perps94.358+0.090%Phemex94.360+0.092%Aftermath Perps94.366+0.098%Deribit94.380+0.114%Lighter RH94.389+0.123%QFEX94.390+0.124%Pacifica94.391+0.125%RISEx94.395+0.129%Orderly94.400+0.135%Paradex94.400+0.135%Aevo94.403+0.138%Lighter94.433+0.170%Ondo Perps94.460+0.198%ApeX Omni94.490+0.230%edgeX94.530+0.272%BloFin94.550+0.294%Coinbase International94.590+0.336%Arcus94.650+0.400%Injective94.980+0.750%
Phoenix
Nado
Bybit
OKX
SoDEX
Polymarket Perps
Phemex
Deribit
Lighter RH
QFEX
Pacifica
RISEx
Orderly
Paradex
Aevo
Lighter
Ondo Perps
ApeX Omni
BloFin
Coinbase International
Arcus
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.060% | +0.0050% | 1h | $70.9M | $39.8M | 10x | as long as short |
| Variational Omni CRCL | −0.050% | +0.0078% | 8h | $2.2M | $2.9M | — | as long as short |
| Gate CRCL_USDT | −0.021% | 0.0000% | 8h | $7.1M | $25.2M | 50x | as long as short |
| Vest CRCL-USD-PERP | −0.021% | +0.0038% | 1h | — | $45K | 25x | as long as short |
| KuCoin CRCLUSDTM | −0.011% | +0.0233% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Bitget CRCLUSDTshort | −0.011% | +0.0265% | 8h | $16.6M | $32.8M | 25x | |
| Extended CRCL_24_5-USD | −0.005% | +0.0168% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Aster CRCLUSDT | 0.000% | +0.0161% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Binance CRCLUSDTlong | 0.000% | +0.0170% | 8h | $106.4M | $350.4M | 50x | |
| Phoenix CRCL | +0.002% | +0.0204% | 1h | $28K | $92K | 10x | as long as short |