After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.032%7d average+0.031%fees + slippage, in and out−$23spread needed0.233%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRCL_24_5-USD | 94.790 | 0.0176 | pay 0.0022% / 1h | 40m 55s | $1.0M | $3.1M | 10x |
| Short | Binance CRCLUSDT | 94.760 | 0.0173 | get 0.0173% / 8h | 7h 40m | $107.2M | $351.7M | 50x |
Extended CRCL_24_5-USD
Binance CRCLUSDTPrice 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
- −$3.17
- Funding while held
- −$0.09
- Slippage, 4 orders
- −$8.29
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.55
- Spread needed to break even
- 0.233%
Slippage from Extended: live order book, 4 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0003%
- Per $10,000 a day
- −$0.09
- 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 Extended live order book, 4 min ago | 0.58 bp | 5.2 bp −$5 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.53 bp | 6.5 bp −$6 | 10.2 bp −$102 | 33.3 bp −$3,332 | 103.6 bp −$51.8K |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Aftermath Perps94.605cheapestCoinbase International94.690+0.090%Phemex94.690+0.090%ApeX Omni94.700+0.101%Paradex94.724+0.126%Vest94.730+0.133%Nado94.730+0.133%Variational Omni94.734+0.136%Gate94.740+0.143%Pacifica94.742+0.146%Ondo Perps94.750+0.154%
Coinbase International
Phemex
ApeX Omni
Paradex
Vest
Nado
Variational Omni
Gate
Pacifica
Ondo PerpsBinance94.760+0.164%
tradeXYZ94.762+0.166%QFEX94.770+0.175%Bitget94.770+0.175%edgeX94.778+0.183%Polymarket Perps94.778+0.183%Bybit94.780+0.185%Phoenix94.783+0.189%
tradeXYZ
QFEX
Bitget
Polymarket Perps
Bybit
PhoenixExtended94.790+0.196%
Aster94.810+0.217%OKX94.820+0.228%RISEx94.821+0.229%Arcus94.830+0.238%BloFin94.840+0.249%SoDEX94.841+0.250%Lighter RH94.847+0.256%KuCoin94.850+0.259%Orderly94.850+0.259%Deribit94.850+0.259%Aevo94.874+0.285%Lighter94.888+0.300%Injective95.240+0.672%
Aster
OKX
RISEx
Arcus
BloFin
SoDEX
Lighter RH
KuCoin
Orderly
Deribit
Aevo
Lighter
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps CRCLUSD | −0.196% | +0.0293% | 1h | $2K | $13K | 5x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.106% | +0.0080% | 1h | $941K | $798K | 10x | as long as short |
| Phemex CRCLUSDT | −0.106% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.095% | +0.0100% | 1h | $70K | $7K | 50x | as long as short |
| Paradex CRCL-USD-PERP | −0.070% | +0.0085% | 8h | $720 | $428 | 5x | as long as short |
| Vest CRCL-USD-PERP | −0.063% | +0.0038% | 1h | — | $45K | 25x | as long as short |
| Nado CRCL-PERP | −0.063% | +0.0288% | 1h | $132K | $78K | 3x | as long as short |
| Variational Omni CRCL | −0.060% | +0.0094% | 8h | $2.2M | $2.9M | — | as long as short |
| Gate CRCL_USDT | −0.053% | 0.0000% | 8h | $7.1M | $25.3M | 50x | as long as short |
| Pacifica CRCL | −0.050% | +0.0100% | 1h | $76K | $98K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | −0.042% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDTshort | −0.032% | +0.0173% | 8h | $107.2M | $351.7M | 50x | |
| tradeXYZ xyz:CRCL | −0.030% | +0.0058% | 1h | $71.3M | $40.0M | 10x | as long as short |
| QFEX CRCL-USD | −0.021% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Bitget CRCLUSDT | −0.021% | +0.0269% | 8h | $16.7M | $33.0M | 25x | as long as short |
| edgeX CRCLUSDC | −0.013% | +0.0475% | 4h | $24K | $264K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.013% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
| Bybit CRCLUSDT | −0.011% | +0.0116% | 8h | $15.5M | $23.3M | 50x | as long as short |
| Phoenix CRCL | −0.007% | +0.0204% | 1h | $28K | $92K | 10x | as long as short |
| Extended CRCL_24_5-USDlong | 0.000% | +0.0176% | 1h | $1.0M | $3.1M | 10x | |
| Aster CRCLUSDT | +0.021% | +0.0166% | 8h | $1.1M | $4.6M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.032% | +0.0206% | 8h | $22.8M | $55.8M | 50x | as long as short |
| RISEx CRCL/USDC | +0.033% | +0.0124% | 1h | $405K | $336K | 10x | as long as short |
| Arcus CRCL-USD | +0.042% | +0.0427% | 1h | $106K | $250K | 10x | as long as short |
| BloFin CRCL-USDT | +0.053% | +0.0293% | 8h | $1.1M | $586K | 20x | as long as short |
| SoDEX CRCL-USD | +0.054% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Lighter RH CRCL | +0.060% | +0.0032% | 1h | $796K | $2.7M | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.063% | +0.0239% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.063% | +0.0100% | 8h | $946 | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.063% | +0.0594% | 1h | $4K | $802K | 10x | as long as short |
| Aevo CRCL-PERP | +0.088% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Lighter CRCL | +0.103% | +0.0256% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.475% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |