After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.032%7d average−0.083%fees + slippage, in and out−$36spread needed0.363%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRCL_USDT | 94.750 | 0 | get 0.0000% / 8h | 35m 01s | $7.1M | $24.6M | 50x |
| Short | QFEX CRCL-USD | 94.720 | 0.0046 | get 0.0006% / 1h | 35m 01s | $1.4M | $2.6M | 10x |
Gate CRCL_USDT
QFEX CRCL-USDPrice 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
- −$3.17
- Funding while held
- $1.38
- Slippage, 4 orders
- −$11.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.12
- Spread needed to break even
- 0.363%
Slippage from Gate: live order book, 5 min ago; QFEX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.38
- 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 | 1.58 bp | 12.4 bp −$12 | 27.2 bp −$272 | 102.6 bp −$10.3K | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.05 bp | 6.1 bp −$6 | 6.1 bp −$61 | 12.4 bp −$1,238 | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni94.610cheapestVariational Omni94.636+0.027%edgeX94.654+0.047%Ondo Perps94.690+0.085%Vest94.690+0.085%Coinbase International94.700+0.095%tradeXYZ94.705+0.100%SoDEX94.710+0.106%Phemex94.710+0.106%Polymarket Perps94.712+0.108%OKX94.720+0.116%
ApeX Omni
Variational Omni
Ondo Perps
Vest
Coinbase International
tradeXYZ
SoDEX
Phemex
Polymarket Perps
OKXQFEX94.720+0.116%
Deribit94.720+0.116%Lighter RH94.721+0.117%Extended94.721+0.118%Phoenix94.724+0.120%Nado94.727+0.124%Binance94.729+0.126%Bybit94.730+0.127%Orderly94.730+0.127%Arcus94.740+0.137%KuCoin94.740+0.137%Aster94.750+0.148%
Deribit
Lighter RH
Extended
Phoenix
Nado
Binance
Bybit
Orderly
Arcus
KuCoin
AsterGate94.750+0.148%
Bitget94.750+0.148%Aevo94.753+0.151%BloFin94.760+0.159%RISEx94.770+0.169%Lighter94.780+0.180%Paradex94.795+0.196%Pacifica94.797+0.198%Aftermath Perps94.803+0.204%Injective95.530+0.972%
Bitget
Aevo
BloFin
RISEx
Lighter
Paradex
Pacifica
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CRCLUSDT | −0.148% | +0.0100% | 1h | $70K | $8K | 50x | as long as short |
| Variational Omni CRCL | −0.120% | +0.0148% | 8h | $2.4M | $2.7M | — | as long as short |
| edgeX CRCLUSDC | −0.101% | +0.0953% | 4h | $21K | $262K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.063% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.063% | +0.0046% | 1h | — | $41K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.053% | +0.0088% | 1h | $931K | $748K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.047% | +0.0050% | 1h | $71.8M | $39.5M | 10x | as long as short |
| SoDEX CRCL-USD | −0.042% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Phemex CRCLUSDT | −0.042% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.040% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CRCL-USDT-SWAP | −0.032% | +0.0209% | 8h | $22.6M | $53.1M | 50x | as long as short |
| QFEX CRCL-USDshort | −0.032% | +0.0046% | 1h | $1.4M | $2.6M | 10x | |
| Deribit CRCL_USDC-PERPETUAL | −0.032% | 0.0000% | 1h | $4K | $801K | 10x | as long as short |
| Lighter RH CRCL | −0.031% | +0.0032% | 1h | $830K | $2.5M | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.030% | +0.0216% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Phoenix CRCL | −0.027% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| Nado CRCL-PERP | −0.024% | +0.0297% | 1h | $132K | $79K | 3x | as long as short |
| Binance CRCLUSDT | −0.022% | +0.0217% | 8h | $107.3M | $334.1M | 50x | as long as short |
| Bybit CRCLUSDT | −0.021% | +0.0153% | 8h | $16.0M | $22.0M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.021% | +0.0100% | 8h | $944 | $3K | 10x | as long as short |
| Arcus CRCL-USD | −0.011% | +0.0063% | 1h | $110K | $252K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.011% | +0.0220% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Aster CRCLUSDT | 0.000% | +0.0209% | 8h | $1.1M | $4.4M | 20x | as long as short |
| Gate CRCL_USDTlong | 0.000% | 0.0000% | 8h | $7.1M | $24.6M | 50x | |
| Bitget CRCLUSDT | 0.000% | +0.0269% | 8h | $16.4M | $31.9M | 25x | as long as short |
| Aevo CRCL-PERP | +0.003% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| BloFin CRCL-USDT | +0.011% | +0.0337% | 8h | $1.1M | $511K | 20x | as long as short |
| RISEx CRCL/USDC | +0.021% | +0.0101% | 1h | $406K | $334K | 10x | as long as short |
| Lighter CRCL | +0.032% | +0.0176% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.048% | +0.0089% | 8h | $720 | $428 | 5x | as long as short |
| Pacifica CRCL | +0.050% | +0.0100% | 1h | $90K | $90K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.056% | +0.0308% | 1h | $2K | $12K | 5x | as long as short |
| Injective CRCL/USDC PERP | +0.823% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |