Spread before costs (cost unknown: a leg has no order-book sample)+0.022%
7d average—if it closes, per $10,000$2funding while held, a day−$11.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CRCL_USDC-PERPETUAL | 94.290 | 0.0493 | pay 0.0062% / 1h | 46m 31s | $4K | $802K | 10x |
| Short | Aevo CRCL-PERP | 94.310 | 0.0104 | get 0.0013% / 1h | 46m 31s | $4 | — | 10x |
Deribit CRCL_USDC-PERPETUAL
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
- $2.17
- Funding while held
- −$11.67
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$32.5
- Spread needed to break even
- 0.230%
Slippage unknown: Deribit: live order book, 54 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0389%
- Per $10,000 a day
- −$11.67
- 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 Deribit live order book, 54 min ago | 7.38 bp | 10.9 bp −$11 | 14.4 bp −$144 | doesn't fit | 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.ApeX Omni94.030cheapestCoinbase International94.100+0.074%Vest94.140+0.117%edgeX94.189+0.169%Ondo Perps94.200+0.181%Nado94.205+0.186%Polymarket Perps94.209+0.190%Arcus94.220+0.202%Aster94.221+0.203%Pacifica94.230+0.213%Extended94.230+0.213%QFEX94.230+0.213%Binance94.240+0.223%Bybit94.240+0.223%Paradex94.243+0.227%OKX94.250+0.234%Bitget94.250+0.234%RISEx94.255+0.239%tradeXYZ94.264+0.249%Variational Omni94.269+0.254%Gate94.270+0.255%Orderly94.270+0.255%Phemex94.270+0.255%KuCoin94.280+0.266%BloFin94.280+0.266%Aftermath Perps94.287+0.273%
ApeX Omni
Coinbase International
Vest
Ondo Perps
Nado
Polymarket Perps
Arcus
Aster
Pacifica
Extended
QFEX
Binance
Bybit
Paradex
OKX
Bitget
RISEx
tradeXYZ
Variational Omni
Gate
Orderly
Phemex
KuCoin
BloFinDeribit94.290+0.277%
SoDEX94.291+0.278%Lighter94.300+0.287%Phoenix94.300+0.287%Lighter RH94.303+0.290%
SoDEX
Lighter
Phoenix
Lighter RHAevo94.310+0.298%
Injective94.760+0.776%
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CRCLUSDT | −0.276% | +0.0100% | 1h | $69K | $6K | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.202% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.159% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| edgeX CRCLUSDC | −0.107% | +0.0372% | 4h | $24K | $266K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.095% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Nado CRCL-PERP | −0.091% | +0.0345% | 1h | $132K | $66K | 3x | as long as short |
| Polymarket Perps CRCL-USD | −0.086% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| Arcus CRCL-USD | −0.074% | +0.0586% | 1h | $104K | $251K | 10x | as long as short |
| Aster CRCLUSDT | −0.073% | +0.0136% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Pacifica CRCL | −0.064% | +0.0100% | 1h | $76K | $96K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended CRCL_24_5-USD | −0.064% | +0.0152% | 1h | $1.1M | $3.2M | 10x | as long as short |
| QFEX CRCL-USD | −0.064% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Binance CRCLUSDT | −0.053% | +0.0153% | 8h | $107.3M | $358.8M | 50x | as long as short |
| Bybit CRCLUSDT | −0.053% | +0.0140% | 8h | $15.6M | $23.3M | 50x | as long as short |
| Paradex CRCL-USD-PERP | −0.050% | +0.0087% | 8h | $716 | $428 | 5x | as long as short |
| OKX CRCL-USDT-SWAP | −0.042% | +0.0220% | 8h | $22.7M | $56.3M | 50x | as long as short |
| Bitget CRCLUSDT | −0.042% | +0.0304% | 8h | $16.9M | $33.1M | 25x | as long as short |
| RISEx CRCL/USDC | −0.037% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.028% | +0.0159% | 1h | $71.3M | $40.3M | 10x | as long as short |
| Variational Omni CRCL | −0.022% | +0.0080% | 8h | $2.5M | $3.2M | — | as long as short |
| Gate CRCL_USDT | −0.021% | 0.0000% | 8h | $7.2M | $25.6M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.021% | +0.0100% | 8h | $940 | $3K | 10x | as long as short |
| Phemex CRCLUSDT | −0.021% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.011% | +0.0306% | 8h | $2.9M | $1.4M | 20x | as long as short |
| BloFin CRCL-USDT | −0.011% | +0.0273% | 8h | $1.1M | $589K | 20x | as long as short |
| Aftermath Perps CRCLUSD | −0.004% | +0.0354% | 1h | $2K | $14K | 5x | as long as short |
| Deribit CRCL_USDC-PERPETUALlong | 0.000% | +0.0493% | 1h | $4K | $802K | 10x | |
| SoDEX CRCL-USD | +0.001% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Lighter CRCL | +0.011% | +0.0280% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Phoenix CRCL | +0.011% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| Lighter RH CRCL | +0.014% | +0.0032% | 1h | $794K | $2.7M | 10x | as long as short |
| Aevo CRCL-PERPshort | +0.022% | +0.0104% | 1h | $4 | — | 10x | |
| Injective CRCL/USDC PERP | +0.498% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |