Spread before costs (cost unknown: a leg has no order-book sample)−0.278%
7d average—if it closes, per $10,000$28funding while held, a day−$6.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRCLUSDC | 95.922 | 0.0315 | pay 0.0158% / 4h | 1h 26m | $21K | $260K | 10x |
| Short | Aevo CRCL-PERP | 95.656 | 0.0104 | get 0.0013% / 1h | 26m 59s | $4 | — | 10x |
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
- −$27.77
- Funding while held
- −$6.34
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$59.11
- Spread needed to break even
- 0.250%
Slippage unknown: edgeX: live order book, 27 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0211%
- Per $10,000 a day
- −$6.34
- 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 edgeX live order book, 27 min ago | 6.31 bp | 11.7 bp −$12 | 23.8 bp −$238 | 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.Vest95.560cheapestPacifica95.562+0.002%Nado95.567+0.007%Ondo Perps95.570+0.010%tradeXYZ95.578+0.019%Binance95.590+0.031%Arcus95.590+0.031%Coinbase International95.590+0.031%OKX95.600+0.042%BloFin95.600+0.042%Aster95.603+0.045%Lighter RH95.607+0.049%Bybit95.610+0.052%Extended95.610+0.052%QFEX95.620+0.063%Polymarket Perps95.624+0.067%Paradex95.629+0.072%Lighter95.630+0.073%Phemex95.640+0.084%SoDEX95.642+0.086%
Vest
Pacifica
Nado
Ondo Perps
tradeXYZ
Binance
Arcus
Coinbase International
OKX
BloFin
Aster
Lighter RH
Bybit
Extended
QFEX
Polymarket Perps
Paradex
Lighter
Phemex
SoDEXAevo95.656+0.100%
Orderly95.660+0.105%Deribit95.660+0.105%RISEx95.667+0.112%Bitget95.700+0.147%Aftermath Perps95.700+0.147%Gate95.710+0.157%KuCoin95.710+0.157%Phoenix95.925+0.382%ApeX Omni95.990+0.450%Variational Omni95.992+0.453%Injective96.110+0.576%
Orderly
Deribit
RISEx
Bitget
Gate
KuCoin
Phoenix
ApeX Omni
Variational Omni
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.377% | +0.0046% | 1h | — | $35K | 25x | as long as short |
| Pacifica CRCL | −0.375% | +0.0100% | 1h | $89K | $89K | 10x | as long as short |
| Nado CRCL-PERP | −0.370% | +0.0202% | 1h | $131K | $77K | 3x | as long as short |
| Ondo Perps CRCL-USD.P | −0.367% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.359% | +0.0167% | 1h | $76.1M | $35.4M | 10x | as long as short |
| Binance CRCLUSDT | −0.346% | +0.0241% | 8h | $107.6M | $309.6M | 50x | as long as short |
| Arcus CRCL-USD | −0.346% | +0.0040% | 1h | $123K | $218K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.346% | +0.0080% | 1h | $937K | $741K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | −0.336% | +0.0221% | 8h | $22.7M | $50.9M | 50x | as long as short |
| BloFin CRCL-USDT | −0.336% | +0.0361% | 8h | $1.1M | $490K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CRCLUSDT | −0.333% | +0.0247% | 8h | $1.3M | $4.1M | 20x | as long as short |
| Lighter RH CRCL | −0.328% | +0.0032% | 1h | $877K | $2.4M | 10x | as long as short |
| Bybit CRCLUSDT | −0.325% | +0.0152% | 8h | $16.0M | $21.3M | 50x | as long as short |
| Extended CRCL_24_5-USD | −0.325% | +0.0240% | 1h | $1.0M | $3.0M | 10x | as long as short |
| QFEX CRCL-USD | −0.315% | +0.0042% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.311% | +0.0050% | 1h | $380K | $1.1M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.305% | +0.0107% | 8h | $727 | $428 | 5x | as long as short |
| Lighter CRCL | −0.304% | +0.0096% | 1h | $3.0M | $1.9M | 10x | as long as short |
| Phemex CRCLUSDT | −0.294% | 0.0000% | 4h | $1.1M | $47K | 10x | as long as short |
| SoDEX CRCL-USD | −0.292% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Aevo CRCL-PERPshort | −0.278% | +0.0104% | 1h | $4 | — | 10x | |
| Orderly PERP_CRCL_USDC_mythos | −0.273% | +0.0100% | 8h | $954 | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.273% | +0.0378% | 1h | $1K | $799K | 10x | as long as short |
| RISEx CRCL/USDC | −0.265% | +0.0336% | 1h | $413K | $324K | 10x | as long as short |
| Bitget CRCLUSDT | −0.231% | +0.0228% | 8h | $16.6M | $30.6M | 25x | as long as short |
| Aftermath Perps CRCLUSD | −0.231% | +0.0300% | 1h | $1K | $10K | 5x | as long as short |
| Gate CRCL_USDT | −0.221% | 0.0000% | 8h | $7.2M | $23.3M | 50x | as long as short |
| KuCoin CRCLUSDTM | −0.221% | +0.0121% | 8h | $3.0M | $1.1M | 20x | as long as short |
| edgeX CRCLUSDClong | 0.000% | +0.0315% | 4h | $21K | $260K | 10x | |
| Phoenix CRCL | +0.003% | +0.0259% | 1h | $28K | $68K | 10x | as long as short |
| ApeX Omni CRCLUSDT | +0.071% | +0.0100% | 1h | $70K | $8K | 50x | as long as short |
| Variational Omni CRCL | +0.073% | +0.0157% | 8h | $2.4M | $2.6M | — | as long as short |
| Injective CRCL/USDC PERP | +0.196% | +0.0440% | 1h | $5K | $105K | 30x | as long as short |