Settings8H · net · $10k
Funding arb · Price arb /

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h −0.021%
Price spread now: Orderly against Binance−0.005%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRCLUSDT90.8650.0023pay 0.0023% / 8h2h 26m$103.3M$395.6M50x
ShortOrderly PERP_CRCL_USDC_mythos90.8600.0100get 0.0100% / 8h2h 26m$906$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$16.15
Price spread: −0.005% → 0.000%
−$0.52
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$0.37
Costs to cover
0.160%
Break-even
7.2 days
Slippage unknown: Binance: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.55 bp6.4 bp −$612.1 bp −$12137.7 bp −$3,767doesn't fit
Sell Orderly no order-book sample
Orderly: 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 on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0951%8h90.950+0.094%$16.6M$36.4M25xas long as short
Vest CRCL-USD-PERP−0.0073%1h90.590−0.302%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h90.870+0.006%$14.5M$26.8M50xas long as short
Gate CRCL_USDT0.0000%8h90.930+0.072%$7.5M$27.4M50xas long as short
Variational Omni CRCL0.0000%8h91.161+0.326%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h90.870+0.006%$1.0M$48K10xas long as short
Aster CRCLUSDT+0.0011%8h90.881+0.018%$1.0M$5.1M20xas long as short
Binance CRCLUSDTlong+0.0023%8h90.865long leg$103.3M$395.6M50x
Extended CRCL_24_5-USD+0.0024%1h90.842−0.025%$1.0M$5.7M10xas long as short
edgeX CRCLUSDC+0.0027%4h91.211+0.381%$52K$278K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CRCL+0.0032%1h90.817−0.053%$969K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h90.950+0.094%$92K$291K10xas long as short
Aftermath Perps CRCLUSD+0.0040%1h91.016+0.167%$2K$26K5xas long as short
tradeXYZ xyz:CRCL+0.0050%1h90.830−0.038%$67.9M$43.5M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h90.864−0.001%$381K$1.3M10xas long as short
SoDEX CRCL-USD+0.0050%1h90.802−0.069%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h90.770−0.104%$999K$5.1M10xas long as short
QFEX CRCL-USD+0.0054%1h90.880+0.017%$1.3M$1.8M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0072%1h90.670−0.214%$883K$586K10xas long as short
Paradex CRCL-USD-PERP+0.0089%8h90.838−0.030%$418$9055xas long as short
BloFin CRCL-USDT+0.0096%8h90.820−0.049%$1.1M$1.6M20xas long as short
Pacifica CRCL+0.0100%1h90.833−0.035%$133K$161K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h90.890+0.028%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.130+0.292%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythosshort+0.0100%8h90.860−0.005%$906$2K10x
Aevo CRCL-PERP+0.0104%1h90.870+0.005%$410xas long as short
GRVT CRCL_USDT_Perp+0.0105%8h91.230+0.402%$62K$1.1M10xas long as short
OKX CRCL-USDT-SWAP+0.0111%8h90.910+0.050%$22.0M$61.8M50xas long as short
RISEx CRCL/USDC+0.0117%1h90.861−0.004%$414K$294K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0190%1h90.880+0.017%$4K$768K10xas long as short
Lighter CRCL+0.0208%1h90.907+0.046%$2.9M$2.4M10xas long as short
Phoenix CRCL+0.0210%1h91.148+0.312%$27K$82K10xas long as short
Nado CRCL-PERP+0.0302%1h90.845−0.021%$132K$109K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h91.650+0.864%$5K$19K30xas long as short