After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.021%7d average−0.023%fees + slippage, in and out−$39spread needed0.394%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRCL_USDT | 94.670 | 0 | get 0.0000% / 8h | 31m 58s | $7.1M | $24.6M | 50x |
| Short | OKX CRCL-USDT-SWAP | 94.690 | 0.0207 | get 0.0207% / 8h | 31m 58s | $22.6M | $53.2M | 50x |
Gate CRCL_USDT
OKX CRCL-USDT-SWAPPrice 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
- $2.11
- Funding while held
- $6.21
- Slippage, 4 orders
- −$14.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$31.08
- Spread needed to break even
- 0.394%
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0207%
- Per $10,000 a day
- +$6.21
- 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, 3 min ago | 1.05 bp | 12.2 bp −$12 | 24.3 bp −$243 | 102.2 bp −$10.2K | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.53 bp | 7.0 bp −$7 | 14.1 bp −$141 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ94.547cheapestVest94.570+0.024%Deribit94.580+0.035%SoDEX94.586+0.041%Extended94.587+0.042%Nado94.590+0.045%Bitget94.600+0.056%Orderly94.600+0.056%Lighter RH94.602+0.058%Aster94.605+0.061%Binance94.619+0.076%KuCoin94.620+0.077%Aevo94.630+0.088%Variational Omni94.636+0.094%Phemex94.640+0.098%Pacifica94.641+0.100%Bybit94.650+0.109%Ondo Perps94.650+0.109%Polymarket Perps94.655+0.114%Lighter94.660+0.120%
tradeXYZ
Vest
Deribit
SoDEX
Extended
Nado
Bitget
Orderly
Lighter RH
Aster
Binance
KuCoin
Aevo
Variational Omni
Phemex
Pacifica
Bybit
Ondo Perps
Polymarket Perps
LighterGate94.670+0.130%
Paradex94.676+0.137%Arcus94.680+0.141%
Paradex
ArcusOKX94.690+0.151%
QFEX94.690+0.151%Coinbase International94.700+0.162%RISEx94.710+0.172%BloFin94.720+0.183%ApeX Omni94.730+0.194%Aftermath Perps94.739+0.203%edgeX94.761+0.226%Phoenix94.777+0.243%Injective95.530+1.040%
QFEX
Coinbase International
RISEx
BloFin
ApeX Omni
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.130% | +0.0050% | 1h | $71.6M | $39.6M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.106% | +0.0046% | 1h | — | $41K | 25x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.095% | 0.0000% | 1h | $4K | $801K | 10x | as long as short |
| SoDEX CRCL-USD | −0.089% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.088% | +0.0208% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Nado CRCL-PERP | −0.085% | +0.0288% | 1h | $132K | $79K | 3x | as long as short |
| Bitget CRCLUSDT | −0.074% | +0.0267% | 8h | $16.4M | $32.0M | 25x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.074% | +0.0100% | 8h | $943 | $3K | 10x | as long as short |
| Lighter RH CRCL | −0.072% | +0.0032% | 1h | $818K | $2.6M | 10x | as long as short |
| Aster CRCLUSDT | −0.069% | +0.0202% | 8h | $1.1M | $4.4M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance CRCLUSDT | −0.054% | +0.0209% | 8h | $107.3M | $335.2M | 50x | as long as short |
| KuCoin CRCLUSDTM | −0.053% | +0.0214% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Aevo CRCL-PERP | −0.042% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Variational Omni CRCL | −0.036% | +0.0148% | 8h | $2.4M | $2.7M | — | as long as short |
| Phemex CRCLUSDT | −0.032% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Pacifica CRCL | −0.030% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| Bybit CRCLUSDT | −0.021% | +0.0148% | 8h | $16.0M | $22.0M | 50x | as long as short |
| Ondo Perps CRCL-USD.P | −0.021% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.016% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
| Lighter CRCL | −0.011% | +0.0168% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Gate CRCL_USDTlong | 0.000% | 0.0000% | 8h | $7.1M | $24.6M | 50x | |
| Paradex CRCL-USD-PERP | +0.007% | +0.0086% | 8h | $720 | $428 | 5x | as long as short |
| Arcus CRCL-USD | +0.011% | +0.0063% | 1h | $110K | $252K | 10x | as long as short |
| OKX CRCL-USDT-SWAPshort | +0.021% | +0.0207% | 8h | $22.6M | $53.2M | 50x | |
| QFEX CRCL-USD | +0.021% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.032% | +0.0088% | 1h | $931K | $748K | 10x | as long as short |
| RISEx CRCL/USDC | +0.042% | +0.0101% | 1h | $405K | $334K | 10x | as long as short |
| BloFin CRCL-USDT | +0.053% | +0.0331% | 8h | $1.1M | $511K | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.063% | +0.0100% | 1h | $70K | $8K | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.073% | +0.0301% | 1h | $2K | $12K | 5x | as long as short |
| edgeX CRCLUSDC | +0.096% | +0.0911% | 4h | $21K | $262K | 10x | as long as short |
| Phoenix CRCL | +0.113% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.908% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |