After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.346%7d average−0.073%fees + slippage, in and out−$40spread needed0.399%
| 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 25m | $21K | $260K | 10x |
| Short | Arcus CRCL-USD | 95.590 | 0.0040 | get 0.0005% / 1h | 25m 09s | $123K | $222K | 10x |
Arcus CRCL-USDPrice 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
- −$34.61
- Funding while held
- −$8.25
- Slippage, 4 orders
- −$26.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$82.8
- Spread needed to break even
- 0.399%
Slippage from edgeX: live order book, 29 min ago; Arcus: live order book, 30 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0275%
- Per $10,000 a day
- −$8.25
- 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, 29 min ago | 6.31 bp | 11.7 bp −$12 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 30 min ago | 1.58 bp | 3.8 bp −$4 | 4.5 bp −$45 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest95.530cheapestExtended95.547+0.017%Ondo Perps95.550+0.021%ApeX Omni95.550+0.021%Deribit95.550+0.021%tradeXYZ95.554+0.025%Nado95.574+0.046%Orderly95.580+0.052%SoDEX95.588+0.061%
Vest
Extended
Ondo Perps
ApeX Omni
Deribit
tradeXYZ
Nado
Orderly
SoDEXArcus95.590+0.063%
Coinbase International95.590+0.063%Aevo95.597+0.070%Polymarket Perps95.599+0.072%Gate95.600+0.073%BloFin95.600+0.073%Aster95.605+0.079%RISEx95.610+0.084%Lighter RH95.614+0.088%Binance95.616+0.090%Bybit95.620+0.094%Bitget95.620+0.094%Phemex95.630+0.105%Variational Omni95.632+0.106%Lighter95.639+0.114%OKX95.640+0.115%QFEX95.640+0.115%Paradex95.642+0.117%Aftermath Perps95.650+0.126%Pacifica95.676+0.153%KuCoin95.680+0.157%Phoenix95.717+0.196%Injective96.140+0.639%
Coinbase International
Aevo
Polymarket Perps
Gate
BloFin
Aster
RISEx
Lighter RH
Binance
Bybit
Bitget
Phemex
Variational Omni
Lighter
OKX
QFEX
Paradex
Pacifica
KuCoin
Phoenix
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 | −0.409% | +0.0046% | 1h | — | $35K | 25x | as long as short |
| Extended CRCL_24_5-USD | −0.391% | +0.0240% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.388% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.388% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.388% | +0.0169% | 1h | $1K | $799K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.384% | +0.0170% | 1h | $76.0M | $35.4M | 10x | as long as short |
| Nado CRCL-PERP | −0.363% | +0.0209% | 1h | $131K | $77K | 3x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.356% | +0.0100% | 8h | $953 | $3K | 10x | as long as short |
| SoDEX CRCL-USD | −0.348% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Arcus CRCL-USDshort | −0.346% | +0.0040% | 1h | $123K | $222K | 10x |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.346% | +0.0080% | 1h | $937K | $741K | 10x | as long as short |
| Aevo CRCL-PERP | −0.339% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.337% | +0.0050% | 1h | $380K | $1.1M | 10x | as long as short |
| Gate CRCL_USDT | −0.336% | 0.0000% | 8h | $7.2M | $23.3M | 50x | as long as short |
| BloFin CRCL-USDT | −0.336% | +0.0361% | 8h | $1.1M | $489K | 20x | as long as short |
| Aster CRCLUSDT | −0.330% | +0.0245% | 8h | $1.3M | $4.1M | 20x | as long as short |
| RISEx CRCL/USDC | −0.325% | +0.0336% | 1h | $413K | $324K | 10x | as long as short |
| Lighter RH CRCL | −0.321% | +0.0032% | 1h | $880K | $2.4M | 10x | as long as short |
| Binance CRCLUSDT | −0.319% | +0.0241% | 8h | $107.6M | $310.1M | 50x | as long as short |
| Bybit CRCLUSDT | −0.315% | +0.0153% | 8h | $16.0M | $21.3M | 50x | as long as short |
| Bitget CRCLUSDT | −0.315% | +0.0231% | 8h | $16.6M | $30.6M | 25x | as long as short |
| Phemex CRCLUSDT | −0.304% | 0.0000% | 4h | $1.1M | $47K | 10x | as long as short |
| Variational Omni CRCL | −0.303% | +0.0156% | 8h | $2.4M | $2.7M | — | as long as short |
| Lighter CRCL | −0.295% | +0.0112% | 1h | $3.0M | $1.9M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | −0.294% | +0.0218% | 8h | $22.7M | $50.9M | 50x | as long as short |
| QFEX CRCL-USD | −0.294% | +0.0042% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.292% | +0.0106% | 8h | $727 | $428 | 5x | as long as short |
| Aftermath Perps CRCLUSD | −0.283% | +0.0300% | 1h | $1K | $10K | 5x | as long as short |
| Pacifica CRCL | −0.256% | +0.0100% | 1h | $89K | $89K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.252% | +0.0131% | 8h | $3.0M | $1.1M | 20x | as long as short |
| Phoenix CRCL | −0.214% | +0.0259% | 1h | $28K | $68K | 10x | as long as short |
| edgeX CRCLUSDClong | 0.000% | +0.0315% | 4h | $21K | $260K | 10x | |
| Injective CRCL/USDC PERP | +0.227% | +0.0440% | 1h | $5K | $105K | 30x | as long as short |