Spread before costs (cost unknown: a leg has no order-book sample)+0.213%
7d average−0.076%if it closes, per $10,000$21funding while held, a day−$8.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRCL_24_5-USD | 99.189 | 0.0328 | pay 0.0041% / 1h | 27m 32s | $1.2M | $3.0M | 10x |
| Short | Ondo Perps CRCL-USD.P | 99.400 | 0.0050 | get 0.0006% / 1h | 27m 32s | $1.1M | $5.2M | 10x |
Extended CRCL_24_5-USD
Ondo Perps CRCL-USD.PPrice 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
- $21.29
- Funding while held
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $2.96
- Spread needed to break even
- 0.100%
Slippage unknown: Extended: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0278%
- Per $10,000 a day
- −$8.33
- 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, 3 min ago | 0.76 bp | 5.2 bp −$5 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.Variational Omni97.616cheapestPhoenix98.073+0.468%Aftermath Perps98.120+0.517%Deribit98.410+0.813%KuCoin98.480+0.885%edgeX98.632+1.041%Aevo98.739+1.150%Orderly98.760+1.172%SoDEX98.800+1.213%Coinbase International98.930+1.346%Lighter RH99.066+1.485%Lighter99.082+1.502%Binance99.128+1.549%Injective99.130+1.551%Nado99.135+1.556%ApeX Omni99.140+1.561%OKX99.150+1.572%tradeXYZ99.160+1.582%Pacifica99.186+1.608%
Variational Omni
Phoenix
Deribit
KuCoin
Aevo
Orderly
SoDEX
Coinbase International
Lighter RH
Lighter
Binance
Injective
Nado
ApeX Omni
OKX
tradeXYZ
PacificaExtended99.189+1.611%
Bybit99.210+1.633%RISEx99.228+1.652%Aster99.228+1.652%Arcus99.230+1.653%Bitget99.240+1.664%Phemex99.240+1.664%Polymarket Perps99.256+1.680%Paradex99.311+1.736%Vest99.350+1.776%QFEX99.380+1.807%
Bybit
RISEx
Aster
Arcus
Bitget
Phemex
Polymarket Perps
Paradex
Vest
QFEXOndo Perps99.400+1.828%
Gate99.410+1.838%BloFin99.560+1.992%
Gate
BloFinCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni CRCL | −1.586% | +0.0226% | 8h | $2.9M | $1.7M | — | as long as short |
| Phoenix CRCL | −1.125% | +0.0230% | 1h | $5K | $33K | 10x | as long as short |
| Aftermath Perps CRCLUSD | −1.077% | +0.0045% | 1h | $2K | $8K | 5x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.785% | −0.0359% | 1h | $4K | $462K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.715% | +0.0100% | 8h | $2.9M | $881K | 20x | as long as short |
| edgeX CRCLUSDC | −0.562% | +0.0015% | 4h | $22K | $247K | 10x | as long as short |
| Aevo CRCL-PERP | −0.454% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.432% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
| SoDEX CRCL-USD | −0.392% | +0.0087% | 1h | $50K | $3K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.261% | +0.0040% | 1h | $967K | $747K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH CRCL | −0.124% | +0.0088% | 1h | $921K | $1.9M | 10x | as long as short |
| Lighter CRCL | −0.108% | +0.0368% | 1h | $3.2M | $1.5M | 10x | as long as short |
| Binance CRCLUSDT | −0.062% | +0.0321% | 8h | $110.5M | $222.0M | 50x | as long as short |
| Injective CRCL/USDC PERP | −0.059% | +0.0440% | 1h | $5K | $87K | 30x | as long as short |
| Nado CRCL-PERP | −0.055% | +0.0263% | 1h | $134K | $71K | 3x | as long as short |
| ApeX Omni CRCLUSDT | −0.049% | +0.0100% | 1h | $72K | $8K | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.039% | +0.0286% | 8h | $23.2M | $40.6M | 50x | as long as short |
| tradeXYZ xyz:CRCL | −0.029% | +0.0127% | 1h | $75.2M | $25.0M | 10x | as long as short |
| Pacifica CRCL | −0.003% | +0.0100% | 1h | $104K | $53K | 10x | as long as short |
| Extended CRCL_24_5-USDlong | 0.000% | +0.0328% | 1h | $1.2M | $3.0M | 10x | |
| Bybit CRCLUSDT | +0.021% | +0.0139% | 8h | $15.7M | $14.2M | 50x | as long as short |
| RISEx CRCL/USDC | +0.040% | +0.0589% | 1h | $480K | $307K | 10x | as long as short |
| Aster CRCLUSDT | +0.040% | +0.0386% | 8h | $1.6M | $1.9M | 20x | as long as short |
| Arcus CRCL-USD | +0.042% | +0.0369% | 1h | $128K | $174K | 10x | as long as short |
| Bitget CRCLUSDT | +0.052% | +0.0203% | 8h | $17.3M | $24.5M | 25x | as long as short |
| Phemex CRCLUSDT | +0.052% | 0.0000% | 4h | $1.1M | $46K | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.068% | +0.0050% | 1h | $403K | $1.1M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.123% | +0.0133% | 8h | $755 | $428 | 5x | as long as short |
| Vest CRCL-USD-PERP | +0.163% | +0.0065% | 1h | — | $21K | 25x | as long as short |
| QFEX CRCL-USD | +0.193% | +0.0057% | 1h | $1.3M | $2.5M | 10x | as long as short |
| Ondo Perps CRCL-USD.Pshort | +0.213% | +0.0050% | 1h | $1.1M | $5.2M | 10x | |
| Gate CRCL_USDT | +0.223% | 0.0000% | 8h | $8.3M | $17.6M | 50x | as long as short |
| BloFin CRCL-USDT | +0.374% | +0.0443% | 8h | $1.2M | $469K | 20x | as long as short |