Spread before costs (cost unknown: a leg has no order-book sample)−0.084%
7d average—if it closes, per $10,000$8funding while held, a day−$6.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRCLUSDT | 93.600 | 0.0323 | pay 0.0323% / 8h | 6h 07m | $16.6M | $33.4M | 25x |
| Short | Aevo CRCL-PERP | 93.522 | 0.0104 | get 0.0013% / 1h | 7m 38s | $4 | — | 10x |
Bitget CRCLUSDT
Aevo 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
- −$8.36
- Funding while held
- −$6.57
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$42.93
- Spread needed to break even
- 0.280%
Slippage unknown: Bitget: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0219%
- Per $10,000 a day
- −$6.57
- 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 Bitget live order book, 3 min ago | 1.07 bp | 11.0 bp −$11 | 15.6 bp −$156 | 46.2 bp −$4,617 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps93.380cheapestVest93.460+0.086%SoDEX93.516+0.146%
Ondo Perps
Vest
SoDEXAevo93.522+0.152%
tradeXYZ93.527+0.157%Gate93.530+0.161%Orderly93.530+0.161%Deribit93.530+0.161%Extended93.543+0.175%Arcus93.550+0.182%Nado93.555+0.188%Paradex93.558+0.190%Pacifica93.560+0.193%Polymarket Perps93.560+0.193%Binance93.566+0.199%Bybit93.570+0.203%KuCoin93.570+0.203%ApeX Omni93.570+0.203%Phemex93.580+0.214%Phoenix93.586+0.221%OKX93.590+0.225%
tradeXYZ
Gate
Orderly
Deribit
Extended
Arcus
Nado
Paradex
Pacifica
Polymarket Perps
Binance
Bybit
KuCoin
ApeX Omni
Phemex
Phoenix
OKXBitget93.600+0.236%
Coinbase International93.600+0.236%Aster93.607+0.243%Lighter RH93.613+0.250%RISEx93.615+0.252%QFEX93.620+0.257%Lighter93.627+0.265%Aftermath Perps93.662+0.302%BloFin93.680+0.321%edgeX93.719+0.363%Variational Omni93.753+0.399%Injective94.150+0.825%
Coinbase International
Aster
Lighter RH
RISEx
QFEX
Lighter
BloFin
Variational Omni
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | −0.235% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.150% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| SoDEX CRCL-USD | −0.090% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Aevo CRCL-PERPshort | −0.084% | +0.0104% | 1h | $4 | — | 10x | |
| tradeXYZ xyz:CRCL | −0.078% | +0.0109% | 1h | $70.7M | $40.3M | 10x | as long as short |
| Gate CRCL_USDT | −0.075% | 0.0000% | 8h | $7.0M | $26.2M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.075% | +0.0100% | 8h | $932 | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.075% | +0.0392% | 1h | $4K | $802K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.061% | +0.0160% | 1h | $1.1M | $3.4M | 10x | as long as short |
| Arcus CRCL-USD | −0.053% | +0.0586% | 1h | $101K | $253K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.048% | +0.0330% | 1h | $130K | $67K | 3x | as long as short |
| Paradex CRCL-USD-PERP | −0.045% | +0.0086% | 8h | $711 | $428 | 5x | as long as short |
| Pacifica CRCL | −0.043% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.043% | +0.0050% | 1h | $352K | $1.0M | 10x | as long as short |
| Binance CRCLUSDT | −0.036% | +0.0155% | 8h | $106.3M | $363.0M | 50x | as long as short |
| Bybit CRCLUSDT | −0.032% | +0.0068% | 8h | $15.4M | $23.9M | 50x | as long as short |
| KuCoin CRCLUSDTM | −0.032% | +0.0274% | 8h | $2.9M | $1.5M | 20x | as long as short |
| ApeX Omni CRCLUSDT | −0.032% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Phemex CRCLUSDT | −0.021% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Phoenix CRCL | −0.015% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | −0.011% | +0.0243% | 8h | $22.6M | $56.7M | 50x | as long as short |
| Bitget CRCLUSDTlong | 0.000% | +0.0323% | 8h | $16.6M | $33.4M | 25x | |
| Coinbase International CRCL-PERP-INTX | 0.000% | +0.0096% | 1h | $938K | $785K | 10x | as long as short |
| Aster CRCLUSDT | +0.007% | +0.0135% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Lighter RH CRCL | +0.014% | +0.0032% | 1h | $795K | $2.7M | 10x | as long as short |
| RISEx CRCL/USDC | +0.016% | +0.0140% | 1h | $404K | $313K | 10x | as long as short |
| QFEX CRCL-USD | +0.021% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Lighter CRCL | +0.029% | +0.0296% | 1h | $2.9M | $2.1M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.066% | +0.0370% | 1h | $2K | $15K | 5x | as long as short |
| BloFin CRCL-USDT | +0.085% | +0.0279% | 8h | $1.1M | $593K | 20x | as long as short |
| edgeX CRCLUSDC | +0.127% | +0.0730% | 4h | $23K | $265K | 10x | as long as short |
| Variational Omni CRCL | +0.163% | +0.0091% | 8h | $2.5M | $3.2M | — | as long as short |
| Injective CRCL/USDC PERP | +0.588% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |