After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.588%7d average−0.004%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRCL_24_5-USD | 98.570 | 0.0320 | pay 0.0040% / 1h | 29m 28s | $1.2M | $3.0M | 10x |
| Short | Coinbase International CRCL-PERP-INTX | 97.990 | 0.0040 | get 0.0005% / 1h | 29m 28s | $968K | $730K | 10x |
Extended CRCL_24_5-USD
Coinbase International CRCL-PERP-INTXPrice 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
- −$58.8
- Funding while held
- −$8.4
- Slippage, 4 orders
- −$16.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$98.39
- Spread needed to break even
- 0.312%
Slippage from Extended: live order book, 6 min ago; Coinbase International: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0280%
- Per $10,000 a day
- −$8.40
- 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, 6 min ago | 0.51 bp | 5.3 bp −$5 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 41 min ago | 2.58 bp | 7.6 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Aftermath Perps97.613cheapestVariational Omni97.616+0.003%edgeX97.713+0.102%ApeX Omni97.830+0.222%BloFin97.860+0.253%SoDEX97.939+0.334%
Variational Omni
ApeX Omni
BloFin
SoDEXCoinbase International97.990+0.386%
Phoenix98.073+0.471%Injective98.080+0.478%Paradex98.117+0.516%KuCoin98.120+0.519%Phemex98.120+0.519%Deribit98.140+0.540%Aevo98.158+0.558%Orderly98.180+0.581%Lighter RH98.229+0.631%Lighter98.255+0.658%Aster98.267+0.670%Gate98.270+0.673%Pacifica98.300+0.704%QFEX98.330+0.734%
Phoenix
Injective
Paradex
KuCoin
Phemex
Deribit
Aevo
Orderly
Lighter RH
Lighter
Aster
Gate
Pacifica
QFEXExtended98.570+0.980%
Polymarket Perps98.591+1.002%Arcus98.620+1.032%Bybit98.820+1.236%Nado98.924+1.343%Vest98.930+1.349%Binance99.155+1.580%Bitget99.200+1.626%OKX99.330+1.759%Ondo Perps99.330+1.759%tradeXYZ99.409+1.840%RISEx99.472+1.904%
Polymarket Perps
Arcus
Bybit
Nado
Vest
Binance
Bitget
OKX
Ondo Perps
tradeXYZ
RISExCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps CRCLUSD | −0.970% | +0.0043% | 1h | $2K | $8K | 5x | as long as short |
| Variational Omni CRCL | −0.967% | +0.0226% | 8h | $2.9M | $1.7M | — | as long as short |
| edgeX CRCLUSDC | −0.869% | +0.0603% | 4h | $22K | $247K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.750% | +0.0100% | 1h | $71K | $8K | 50x | as long as short |
| BloFin CRCL-USDT | −0.720% | +0.0441% | 8h | $1.2M | $456K | 20x | as long as short |
| SoDEX CRCL-USD | −0.640% | +0.0050% | 1h | $49K | $3K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTXshort | −0.588% | +0.0040% | 1h | $968K | $730K | 10x | |
| Phoenix CRCL | −0.504% | +0.0230% | 1h | $5K | $33K | 10x | as long as short |
| Injective CRCL/USDC PERP | −0.497% | +0.0440% | 1h | $5K | $87K | 30x | as long as short |
| Paradex CRCL-USD-PERP | −0.459% | +0.0122% | 8h | $746 | $428 | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin CRCLUSDTM | −0.456% | +0.0100% | 8h | $2.9M | $844K | 20x | as long as short |
| Phemex CRCLUSDT | −0.456% | 0.0000% | 4h | $1.1M | $46K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.436% | +0.0158% | 1h | $5K | $437K | 10x | as long as short |
| Aevo CRCL-PERP | −0.418% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.395% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
| Lighter RH CRCL | −0.346% | +0.0032% | 1h | $881K | $1.6M | 10x | as long as short |
| Lighter CRCL | −0.319% | +0.0240% | 1h | $3.2M | $1.4M | 10x | as long as short |
| Aster CRCLUSDT | −0.306% | +0.0365% | 8h | $1.5M | $1.4M | 20x | as long as short |
| Gate CRCL_USDT | −0.304% | 0.0000% | 8h | $8.2M | $17.3M | 50x | as long as short |
| Pacifica CRCL | −0.273% | +0.0100% | 1h | $103K | $53K | 10x | as long as short |
| QFEX CRCL-USD | −0.243% | +0.0057% | 1h | $1.4M | $2.5M | 10x | as long as short |
| Extended CRCL_24_5-USDlong | 0.000% | +0.0320% | 1h | $1.2M | $3.0M | 10x | |
| Polymarket Perps CRCL-USD | +0.022% | +0.0050% | 1h | $400K | $1.1M | 10x | as long as short |
| Arcus CRCL-USD | +0.051% | +0.0369% | 1h | $129K | $161K | 10x | as long as short |
| Bybit CRCLUSDT | +0.254% | +0.0137% | 8h | $15.7M | $13.4M | 50x | as long as short |
| Nado CRCL-PERP | +0.360% | +0.0265% | 1h | $134K | $71K | 3x | as long as short |
| Vest CRCL-USD-PERP | +0.366% | +0.0066% | 1h | — | $21K | 25x | as long as short |
| Binance CRCLUSDT | +0.594% | +0.0323% | 8h | $112.3M | $207.5M | 50x | as long as short |
| Bitget CRCLUSDT | +0.640% | +0.0198% | 8h | $17.6M | $23.7M | 25x | as long as short |
| OKX CRCL-USDT-SWAP | +0.771% | +0.0290% | 8h | $23.6M | $37.7M | 50x | as long as short |
| Ondo Perps CRCL-USD.P | +0.771% | +0.0050% | 1h | $1.1M | $4.7M | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.852% | +0.0147% | 1h | $76.0M | $23.4M | 10x | as long as short |
| RISEx CRCL/USDC | +0.916% | +0.0589% | 1h | $472K | $302K | 10x | as long as short |