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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0336%/8h= −36.8% APRnext payment $3.36 per $10,000 · paid last 24h −0.069%
Price spread now: Orderly against BloFin+0.011%7-day average · you sell dearer than you buy
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: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRCL-USDT92.5500.0436pay 0.0436% / 8h5h 26m$1.1M$1.7M20x
ShortOrderly PERP_CRCL_USDC_mythos92.5600.0100get 0.0100% / 8h5h 26m$923$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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
−$70.65
Price spread: +0.011% → 0.000%
$1.08
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$87.57
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago3.78 bp9.9 bp −$1013.3 bp −$13331.6 bp −$3,164doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CRCL-PERP-INTX−0.0048%1h92.570+0.022%$866K$745K10xas long as short
Bybit CRCLUSDT0.0000%8h92.500−0.054%$15.0M$25.0M50xas long as short
Bitget CRCLUSDT0.0000%8h92.520−0.032%$18.5M$33.5M25xas long as short
Deribit CRCL_USDC-PERPETUAL0.0000%1h92.450−0.108%$5K$415K10xas long as short
Phemex CRCLUSDT0.0000%4h92.580+0.032%$1.0M$45K10xas long as short
Vest CRCL-USD-PERP+0.0015%1h92.450−0.108%$30K25xas long as short
Lighter RH CRCL+0.0032%1h92.484−0.071%$998K$2.5M10xas long as short
Aftermath Perps CRCLUSD+0.0040%1h92.581+0.033%$2K$29K5xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.397−0.165%$67.5M$39.8M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.5500.000%$329K$951K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CRCL-USD+0.0050%1h92.530−0.022%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h92.420−0.140%$994K$3.8M10xas long as short
QFEX CRCL-USD+0.0055%1h92.520−0.032%$1.3M$1.6M10xas long as short
Injective CRCL/USDC PERP+0.0072%1h92.090−0.497%$38K$172K30xas long as short
Gate CRCL_USDT+0.0079%8h92.600+0.054%$7.5M$25.5M50xas long as short
Paradex CRCL-USD-PERP+0.0091%8h92.451−0.107%$425$4775xas long as short
Pacifica CRCL+0.0100%1h92.460−0.097%$138K$139K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.510−0.043%$2.6M$1.6M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.530−0.022%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythosshort+0.0100%8h92.560+0.011%$923$1K10x
Aevo CRCL-PERP+0.0104%1h92.543−0.008%$410xas long as short
edgeX CRCLUSDC+0.0125%4h92.613+0.068%$53K$268K10xas long as short
Phoenix CRCL+0.0197%1h92.540−0.011%$27K$66K10xas long as short
Arcus CRCL-USD+0.0214%1h92.420−0.140%$93K$205K10xas long as short
Variational Omni CRCL+0.0256%8h92.573+0.025%$2.5M$3.2Mas long as short
OKX CRCL-USDT-SWAP+0.0273%8h92.480−0.076%$22.7M$56.4M50xas long as short
Nado CRCL-PERP+0.0291%1h92.451−0.107%$154K$94K3xas long as short
Lighter CRCL+0.0304%1h92.506−0.048%$2.9M$2.1M10xas long as short
Binance CRCLUSDT+0.0310%8h92.531−0.021%$106.6M$349.9M50xas long as short
Extended CRCL_24_5-USD+0.0312%1h92.482−0.073%$1.1M$4.0M10xas long as short
Aster CRCLUSDT+0.0320%8h92.580+0.033%$1.1M$4.5M20xas long as short
BloFin CRCL-USDTlong+0.0436%8h92.550long leg$1.1M$1.7M20x
GRVT CRCL_USDT_Perp+0.0482%8h92.620+0.076%$68K$979K10xas long as short
RISEx CRCL/USDC+0.0528%1h92.597+0.050%$415K$225K10xas long as short