After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.087%7d average+0.004%fees + slippage, in and out−$43spread needed0.428%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRCLUSDC | 94.098 | 0.0613 | pay 0.0306% / 4h | 2h 27m | $24K | $264K | 10x |
| Short | BloFin CRCL-USDT | 94.180 | 0.0280 | get 0.0280% / 8h | 6h 27m | $1.1M | $588K | 20x |
BloFin 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
- $8.74
- Funding while held
- −$9.98
- Slippage, 4 orders
- −$21.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.99
- Spread needed to break even
- 0.428%
Slippage from edgeX: live order book, 12 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0333%
- Per $10,000 a day
- −$9.98
- 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, 12 min ago | 6.37 bp | 11.7 bp −$12 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.06 bp | 10.3 bp −$10 | 18.8 bp −$188 | 43.6 bp −$4,364 | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest93.940cheapestApeX Omni93.950+0.011%Coinbase International94.000+0.064%Ondo Perps94.030+0.096%Nado94.054+0.121%Aster94.065+0.134%tradeXYZ94.069+0.137%Polymarket Perps94.079+0.148%Gate94.080+0.149%Pacifica94.090+0.160%Phoenix94.096+0.166%Aftermath Perps94.096+0.166%QFEX94.120+0.192%KuCoin94.120+0.192%Paradex94.127+0.199%Arcus94.130+0.202%RISEx94.145+0.218%Extended94.160+0.234%Aevo94.166+0.241%Phemex94.170+0.245%SoDEX94.176+0.251%Binance94.179+0.254%Bitget94.180+0.255%Orderly94.180+0.255%
Vest
ApeX Omni
Coinbase International
Ondo Perps
Nado
Aster
tradeXYZ
Polymarket Perps
Gate
Pacifica
Phoenix
QFEX
KuCoin
Paradex
Arcus
RISEx
Extended
Aevo
Phemex
SoDEX
Binance
Bitget
OrderlyBloFin94.180+0.255%
Bybit94.190+0.266%OKX94.190+0.266%Deribit94.190+0.266%Lighter RH94.202+0.279%Lighter94.238+0.317%Variational Omni94.340+0.426%Injective94.550+0.649%
Bybit
OKX
Deribit
Lighter RH
Lighter
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 | −0.168% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| ApeX Omni CRCLUSDT | −0.157% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.104% | +0.0096% | 1h | $939K | $789K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.072% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Nado CRCL-PERP | −0.046% | +0.0327% | 1h | $131K | $67K | 3x | as long as short |
| Aster CRCLUSDT | −0.034% | +0.0141% | 8h | $1.1M | $4.6M | 20x | as long as short |
| tradeXYZ xyz:CRCL | −0.031% | +0.0128% | 1h | $71.2M | $40.0M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.020% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| Gate CRCL_USDT | −0.019% | 0.0000% | 8h | $7.1M | $25.9M | 50x | as long as short |
| Pacifica CRCL | −0.008% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix CRCL | −0.002% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| Aftermath Perps CRCLUSD | −0.001% | +0.0359% | 1h | $2K | $14K | 5x | as long as short |
| edgeX CRCLUSDClong | 0.000% | +0.0613% | 4h | $24K | $264K | 10x | |
| QFEX CRCL-USD | +0.024% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.024% | +0.0294% | 8h | $2.9M | $1.5M | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.031% | +0.0090% | 8h | $715 | $428 | 5x | as long as short |
| Arcus CRCL-USD | +0.034% | +0.0586% | 1h | $104K | $252K | 10x | as long as short |
| RISEx CRCL/USDC | +0.050% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.066% | +0.0160% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Aevo CRCL-PERP | +0.073% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Phemex CRCLUSDT | +0.077% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| SoDEX CRCL-USD | +0.083% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Binance CRCLUSDT | +0.086% | +0.0160% | 8h | $107.3M | $360.4M | 50x | as long as short |
| Bitget CRCLUSDT | +0.087% | +0.0311% | 8h | $16.7M | $33.3M | 25x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.087% | +0.0100% | 8h | $939 | $3K | 10x | as long as short |
| BloFin CRCL-USDTshort | +0.087% | +0.0280% | 8h | $1.1M | $588K | 20x | |
| Bybit CRCLUSDT | +0.098% | +0.0119% | 8h | $15.6M | $23.6M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.098% | +0.0236% | 8h | $22.7M | $56.3M | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.098% | +0.0387% | 1h | $4K | $802K | 10x | as long as short |
| Lighter RH CRCL | +0.111% | +0.0032% | 1h | $793K | $2.7M | 10x | as long as short |
| Lighter CRCL | +0.149% | +0.0296% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Variational Omni CRCL | +0.258% | +0.0097% | 8h | $2.5M | $3.2M | — | as long as short |
| Injective CRCL/USDC PERP | +0.481% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |