After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.053%7d average+0.016%fees + slippage, in and out−$43spread needed0.428%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CRCL-USDT | 94.280 | 0.0273 | pay 0.0273% / 8h | 6h 46m | $1.1M | $589K | 20x |
| Short | Gate CRCL_USDT | 94.230 | 0 | get 0.0000% / 8h | 6h 46m | $7.1M | $25.6M | 50x |
BloFin CRCL-USDT
Gate CRCL_USDTPrice 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
- −$5.3
- Funding while held
- −$8.2
- Slippage, 4 orders
- −$15.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.32
- Spread needed to break even
- 0.428%
Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0273%
- Per $10,000 a day
- −$8.20
- 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 BloFin live order book, 3 min ago | 2.12 bp | 8.3 bp −$8 | 16.2 bp −$162 | 40.4 bp −$4,036 | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.06 bp | 12.3 bp −$12 | 24.9 bp −$249 | 99.5 bp −$9,952 | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni94.030cheapestCoinbase International94.100+0.074%Vest94.140+0.117%edgeX94.189+0.169%Aster94.193+0.173%Ondo Perps94.200+0.181%Nado94.205+0.186%Polymarket Perps94.209+0.190%SoDEX94.216+0.198%Arcus94.220+0.202%Pacifica94.230+0.213%QFEX94.230+0.213%
ApeX Omni
Coinbase International
Vest
Aster
Ondo Perps
Nado
Polymarket Perps
SoDEX
Arcus
Pacifica
QFEXGate94.230+0.213%
Deribit94.230+0.213%Bybit94.240+0.223%Phemex94.240+0.223%Extended94.240+0.224%Aevo94.243+0.226%Paradex94.243+0.227%tradeXYZ94.244+0.228%Binance94.250+0.234%Orderly94.250+0.234%Lighter RH94.253+0.237%RISEx94.255+0.239%Aftermath Perps94.261+0.246%Variational Omni94.269+0.254%OKX94.270+0.255%KuCoin94.280+0.266%Bitget94.280+0.266%
Deribit
Bybit
Phemex
Extended
Aevo
Paradex
tradeXYZ
Binance
Orderly
Lighter RH
RISEx
Variational Omni
OKX
KuCoin
BitgetBloFin94.280+0.266%
Phoenix94.300+0.287%Lighter94.320+0.308%Injective94.760+0.776%
Phoenix
Lighter
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CRCLUSDT | −0.265% | +0.0100% | 1h | $69K | $6K | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.191% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.148% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| edgeX CRCLUSDC | −0.097% | +0.0372% | 4h | $24K | $266K | 10x | as long as short |
| Aster CRCLUSDT | −0.093% | +0.0136% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Ondo Perps CRCL-USD.P | −0.085% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Nado CRCL-PERP | −0.080% | +0.0345% | 1h | $132K | $66K | 3x | as long as short |
| Polymarket Perps CRCL-USD | −0.075% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | −0.068% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Arcus CRCL-USD | −0.064% | +0.0586% | 1h | $104K | $251K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CRCL | −0.053% | +0.0100% | 1h | $76K | $96K | 10x | as long as short |
| QFEX CRCL-USD | −0.053% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Gate CRCL_USDTshort | −0.053% | 0.0000% | 8h | $7.1M | $25.6M | 50x | |
| Deribit CRCL_USDC-PERPETUAL | −0.053% | +0.0493% | 1h | $4K | $802K | 10x | as long as short |
| Bybit CRCLUSDT | −0.042% | +0.0140% | 8h | $15.6M | $23.3M | 50x | as long as short |
| Phemex CRCLUSDT | −0.042% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.042% | +0.0152% | 1h | $1.1M | $3.2M | 10x | as long as short |
| Aevo CRCL-PERP | −0.040% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.039% | +0.0087% | 8h | $716 | $428 | 5x | as long as short |
| tradeXYZ xyz:CRCL | −0.038% | +0.0159% | 1h | $71.3M | $40.3M | 10x | as long as short |
| Binance CRCLUSDT | −0.032% | +0.0153% | 8h | $107.3M | $358.8M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.032% | +0.0100% | 8h | $940 | $3K | 10x | as long as short |
| Lighter RH CRCL | −0.029% | +0.0032% | 1h | $793K | $2.7M | 10x | as long as short |
| RISEx CRCL/USDC | −0.027% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| Aftermath Perps CRCLUSD | −0.020% | +0.0354% | 1h | $2K | $14K | 5x | as long as short |
| Variational Omni CRCL | −0.011% | +0.0080% | 8h | $2.5M | $3.2M | — | as long as short |
| OKX CRCL-USDT-SWAP | −0.011% | +0.0220% | 8h | $22.7M | $56.3M | 50x | as long as short |
| KuCoin CRCLUSDTM | 0.000% | +0.0306% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Bitget CRCLUSDT | 0.000% | +0.0304% | 8h | $16.9M | $33.1M | 25x | as long as short |
| BloFin CRCL-USDTlong | 0.000% | +0.0273% | 8h | $1.1M | $589K | 20x | |
| Phoenix CRCL | +0.021% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.042% | +0.0272% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.509% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |