Spread before costs (cost unknown: a leg has no order-book sample)+0.132%
7d average—if it closes, per $10,000$13funding while held, a day+$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRCL_USDT | 94.270 | 0 | get 0.0000% / 8h | 6h 54m | $7.1M | $25.5M | 50x |
| Short | Aevo CRCL-PERP | 94.394 | 0.0104 | get 0.0013% / 1h | 54m 11s | $4 | — | 10x |
Price 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
- $13.17
- Funding while held
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$14.71
- Spread needed to break even
- 0.310%
Slippage unknown: Gate: live order book, 1 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- 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 Gate live order book, 1 min ago | 1.06 bp | 12.9 bp −$13 | 24.7 bp −$247 | 90.3 bp −$9,029 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.299% | +0.0301% | 1h | $131K | $69K | 3x | as long as short |
| Ondo Perps CRCL-USD.P | −0.286% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| BloFin CRCL-USDT | −0.202% | +0.0272% | 8h | $1.1M | $587K | 20x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.180% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.170% | +0.0100% | 1h | $69K | $7K | 50x | as long as short |
| Vest CRCL-USD-PERP | −0.170% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| Variational Omni CRCL | −0.139% | +0.0082% | 8h | $2.2M | $2.9M | — | as long as short |
| Paradex CRCL-USD-PERP | −0.119% | +0.0083% | 8h | $716 | $428 | 5x | as long as short |
| Pacifica CRCL | −0.117% | +0.0100% | 1h | $75K | $96K | 10x | as long as short |
| QFEX CRCL-USD | −0.095% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX CRCLUSDC | −0.081% | +0.0743% | 4h | $24K | $264K | 10x | as long as short |
| Phoenix CRCL | −0.070% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| RISEx CRCL/USDC | −0.068% | +0.0140% | 1h | $407K | $316K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.062% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| Aftermath Perps CRCLUSD | −0.051% | +0.0347% | 1h | $2K | $14K | 5x | as long as short |
| Aster CRCLUSDT | −0.001% | +0.0130% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Gate CRCL_USDTlong | 0.000% | 0.0000% | 8h | $7.1M | $25.5M | 50x | |
| tradeXYZ xyz:CRCL | +0.051% | +0.0131% | 1h | $71.3M | $40.3M | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.053% | +0.0100% | 8h | $940 | $3K | 10x | as long as short |
| Arcus CRCL-USD | +0.064% | +0.0586% | 1h | $105K | $251K | 10x | as long as short |
| Phemex CRCLUSDT | +0.095% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.100% | +0.0152% | 1h | $1.1M | $3.2M | 10x | as long as short |
| Aevo CRCL-PERPshort | +0.132% | +0.0104% | 1h | $4 | — | 10x | |
| SoDEX CRCL-USD | +0.134% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.138% | +0.0492% | 1h | $4K | $802K | 10x | as long as short |
| Lighter RH CRCL | +0.158% | +0.0032% | 1h | $795K | $2.7M | 10x | as long as short |
| Bybit CRCLUSDT | +0.159% | +0.0128% | 8h | $15.6M | $23.3M | 50x | as long as short |
| Bitget CRCLUSDT | +0.159% | +0.0294% | 8h | $16.9M | $33.1M | 25x | as long as short |
| Binance CRCLUSDT | +0.163% | +0.0151% | 8h | $107.4M | $357.7M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.170% | +0.0219% | 8h | $22.7M | $56.3M | 50x | as long as short |
| KuCoin CRCLUSDTM | +0.170% | +0.0291% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Lighter CRCL | +0.205% | +0.0240% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.392% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |
Gate CRCL_USDT
BloFin
Coinbase International
ApeX Omni
Variational Omni
Paradex
Pacifica
Phoenix
RISEx
Polymarket Perps
Aster
tradeXYZ
Phemex
Extended
SoDEX
Deribit
Lighter RH
Bybit
Bitget
Binance
OKX
KuCoin
Lighter
Injective