Settings8H · net · $10k
Funding arb · Price arb /

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h −0.039%
Price spread now: Vest against Extended−0.053%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.053% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CRCL_24_5-USD93.1890.0136pay 0.0017% / 1h57m 14s$1.1M$5.7M10x
ShortVest CRCL-USD-PERP93.1400.0044get 0.0005% / 1h57m 14s$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$19.34
Price spread: −0.053% → 0.000%
−$5.27
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$31.6
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.80 bp5.7 bp −$643.4 bp −$434doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CRCL-PERP-INTX−0.0008%1h93.200+0.012%$932K$589K10xas long as short
Bybit CRCLUSDT0.0000%8h93.180−0.010%$15.3M$25.5M50xas long as short
RISEx CRCL/USDC0.0000%1h93.280+0.098%$426K$299K10xas long as short
Gate CRCL_USDT0.0000%8h93.220+0.033%$7.2M$25.5M50xas long as short
Bitget CRCLUSDT0.0000%8h93.250+0.065%$16.6M$34.5M25xas long as short
GRVT CRCL_USDT_Perp0.0000%8h93.497+0.331%$62K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h93.240+0.055%$1.0M$49K10xas long as short
Lighter RH CRCL+0.0032%1h93.194+0.005%$978K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h93.564+0.402%$2K$22K5xas long as short
Arcus CRCL-USD+0.0040%1h93.470+0.301%$96K$271K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CRCL-USD-PERPshort+0.0044%1h93.140−0.053%$37K25x
tradeXYZ xyz:CRCL+0.0050%1h93.084−0.113%$70.8M$41.2M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h93.264+0.080%$361K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h93.160−0.031%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h93.410+0.237%$1.0M$5.6M10xas long as short
QFEX CRCL-USD+0.0057%1h93.250+0.065%$1.3M$2.5M10xas long as short
Variational Omni CRCL+0.0059%8h93.569+0.407%$2.5M$3.1Mas long as short
Paradex CRCL-USD-PERP+0.0097%8h93.245+0.060%$765$7405xas long as short
Pacifica CRCL+0.0100%1h93.298+0.116%$75K$96K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h93.230+0.044%$2.9M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h93.450+0.280%$69K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h93.190+0.001%$929$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h93.129−0.065%$410xas long as short
OKX CRCL-USDT-SWAP+0.0115%8h93.150−0.042%$22.5M$58.3M50xas long as short
Aster CRCLUSDT+0.0134%8h93.279+0.097%$1.1M$4.9M20xas long as short
Binance CRCLUSDT+0.0135%8h93.183−0.006%$107.5M$386.8M50xas long as short
Extended CRCL_24_5-USDlong+0.0136%1h93.189long leg$1.1M$5.7M10x
Nado CRCL-PERP+0.0239%1h93.273+0.090%$154K$89K3xas long as short
BloFin CRCL-USDT+0.0255%8h93.170−0.020%$1.1M$1.0M20xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0287%1h93.100−0.096%$4K$769K10xas long as short
Phoenix CRCL+0.0296%1h93.327+0.148%$28K$92K10xas long as short
Lighter CRCL+0.0296%1h93.212+0.025%$3.0M$2.3M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h93.910+0.774%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0813%4h93.468+0.300%$24K$266K10xas long as short