After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.021%7d average−0.016%fees + slippage, in and out−$46spread needed0.459%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRCL_USDT | 93.980 | 0 | get 0.0000% / 8h | 5h 50m | $7.1M | $26.1M | 50x |
| Short | BloFin CRCL-USDT | 93.960 | 0.0268 | get 0.0268% / 8h | 5h 50m | $1.1M | $596K | 20x |
Gate CRCL_USDT
BloFin CRCL-USDTPrice 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
- −$2.13
- Funding while held
- $8.04
- Slippage, 4 orders
- −$18.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.95
- Spread needed to break even
- 0.459%
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0268%
- Per $10,000 a day
- +$8.04
- 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, 5 min ago | 1.60 bp | 12.2 bp −$12 | 24.7 bp −$247 | 96.8 bp −$9,682 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.60 bp | 9.0 bp −$9 | 16.6 bp −$166 | 48.0 bp −$4,802 | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni93.540cheapestPhoenix93.609+0.074%Vest93.770+0.246%Aftermath Perps93.803+0.281%edgeX93.825+0.304%Ondo Perps93.840+0.321%Pacifica93.910+0.396%Polymarket Perps93.915+0.401%QFEX93.920+0.406%Paradex93.928+0.415%Nado93.937+0.425%Arcus93.950+0.438%RISEx93.953+0.442%KuCoin93.960+0.449%
ApeX Omni
Phoenix
Vest
Ondo Perps
Pacifica
Polymarket Perps
QFEX
Paradex
Nado
Arcus
RISEx
KuCoinBloFin93.960+0.449%
tradeXYZ93.970+0.460%Variational Omni93.977+0.468%
tradeXYZ
Variational OmniGate93.980+0.470%
Coinbase International93.990+0.481%Lighter RH93.991+0.482%SoDEX93.996+0.487%Bybit94.000+0.492%Deribit94.000+0.492%Phemex94.010+0.502%Binance94.013+0.506%Extended94.020+0.514%Aster94.020+0.514%Aevo94.029+0.523%OKX94.030+0.524%Orderly94.030+0.524%Lighter94.044+0.539%Bitget94.060+0.556%Injective94.470+0.994%
Coinbase International
Lighter RH
SoDEX
Bybit
Deribit
Phemex
Binance
Extended
Aster
Aevo
OKX
Orderly
Lighter
Bitget
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CRCLUSDT | −0.468% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Phoenix CRCL | −0.395% | +0.0248% | 1h | $28K | $92K | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.223% | +0.0037% | 1h | — | $45K | 25x | as long as short |
| Aftermath Perps CRCLUSD | −0.189% | +0.0364% | 1h | $2K | $15K | 5x | as long as short |
| edgeX CRCLUSDC | −0.165% | +0.0967% | 4h | $24K | $265K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.149% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Pacifica CRCL | −0.074% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.069% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| QFEX CRCL-USD | −0.064% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.055% | +0.0084% | 8h | $714 | $428 | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.046% | +0.0265% | 1h | $131K | $68K | 3x | as long as short |
| Arcus CRCL-USD | −0.032% | +0.0651% | 1h | $102K | $254K | 10x | as long as short |
| RISEx CRCL/USDC | −0.029% | +0.0163% | 1h | $402K | $315K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.021% | +0.0253% | 8h | $2.9M | $1.6M | 20x | as long as short |
| BloFin CRCL-USDTshort | −0.021% | +0.0268% | 8h | $1.1M | $596K | 20x | |
| tradeXYZ xyz:CRCL | −0.011% | +0.0050% | 1h | $70.7M | $40.6M | 10x | as long as short |
| Variational Omni CRCL | −0.003% | +0.0096% | 8h | $2.5M | $3.2M | — | as long as short |
| Gate CRCL_USDTlong | 0.000% | 0.0000% | 8h | $7.1M | $26.1M | 50x | |
| Coinbase International CRCL-PERP-INTX | +0.011% | +0.0120% | 1h | $942K | $789K | 10x | as long as short |
| Lighter RH CRCL | +0.012% | +0.0032% | 1h | $795K | $2.7M | 10x | as long as short |
| SoDEX CRCL-USD | +0.017% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Bybit CRCLUSDT | +0.021% | +0.0049% | 8h | $15.0M | $24.5M | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.021% | +0.0602% | 1h | $4K | $802K | 10x | as long as short |
| Phemex CRCLUSDT | +0.032% | 0.0000% | 4h | $1.0M | $46K | 10x | as long as short |
| Binance CRCLUSDT | +0.035% | +0.0147% | 8h | $106.8M | $366.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.043% | +0.0144% | 1h | $1.1M | $3.5M | 10x | as long as short |
| Aster CRCLUSDT | +0.043% | +0.0134% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Aevo CRCL-PERP | +0.052% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.053% | +0.0235% | 8h | $22.6M | $57.7M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.053% | +0.0100% | 8h | $937 | $3K | 10x | as long as short |
| Lighter CRCL | +0.068% | +0.0224% | 1h | $2.9M | $2.1M | 10x | as long as short |
| Bitget CRCLUSDT | +0.085% | +0.0330% | 8h | $16.8M | $33.6M | 25x | as long as short |
| Injective CRCL/USDC PERP | +0.521% | +0.0440% | 1h | $5K | $42K | 30x | as long as short |