Spread before costs (cost unknown: a leg has no order-book sample)−0.695%
7d average—if it closes, per $10,000$69funding while held, a day−$5.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CRCL/USDC PERP | 94.980 | 0.0440 | pay 0.0055% / 1h | 45m 41s | $5K | $76K | 30x |
| Short | Bitget CRCLUSDT | 94.320 | 0.0265 | get 0.0265% / 8h | 7h 45m | $16.6M | $32.8M | 25x |
Injective CRCL/USDC PERP
Bitget CRCLUSDTPrice 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
- −$69.49
- Funding while held
- −$5.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.76
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0175%
- Per $10,000 a day
- −$5.25
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 10 min ago | 1.60 bp | 9.5 bp −$9 | 16.1 bp −$161 | 62.9 bp −$6,287 | doesn't fit |
Injective: 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.tradeXYZ94.296cheapestOKX94.310+0.015%Gate94.310+0.015%Vest94.310+0.015%KuCoin94.320+0.025%
tradeXYZ
OKX
Gate
Vest
KuCoinBitget94.320+0.025%
Paradex94.323+0.029%Extended94.325+0.031%Aster94.330+0.036%Lighter RH94.331+0.037%Phoenix94.332+0.038%Nado94.339+0.046%Binance94.350+0.057%SoDEX94.356+0.064%Polymarket Perps94.358+0.066%Bybit94.360+0.068%Phemex94.360+0.068%Pacifica94.361+0.069%Aftermath Perps94.366+0.074%Lighter94.380+0.089%Deribit94.380+0.089%QFEX94.390+0.100%RISEx94.395+0.105%Orderly94.400+0.110%Aevo94.403+0.114%Ondo Perps94.460+0.174%Variational Omni94.479+0.194%ApeX Omni94.490+0.206%edgeX94.530+0.248%BloFin94.550+0.269%Coinbase International94.590+0.312%Arcus94.650+0.375%
Paradex
Extended
Aster
Lighter RH
Phoenix
Nado
Binance
SoDEX
Polymarket Perps
Bybit
Phemex
Pacifica
Lighter
Deribit
QFEX
RISEx
Orderly
Aevo
Ondo Perps
Variational Omni
ApeX Omni
BloFin
Coinbase International
ArcusInjective94.980+0.725%
CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.720% | +0.0050% | 1h | $70.9M | $39.8M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | −0.705% | +0.0195% | 8h | $22.6M | $55.3M | 50x | as long as short |
| Gate CRCL_USDT | −0.705% | 0.0000% | 8h | $7.1M | $25.2M | 50x | as long as short |
| Vest CRCL-USD-PERP | −0.705% | +0.0038% | 1h | — | $45K | 25x | as long as short |
| KuCoin CRCLUSDTM | −0.695% | +0.0233% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Bitget CRCLUSDTshort | −0.695% | +0.0265% | 8h | $16.6M | $32.8M | 25x | |
| Paradex CRCL-USD-PERP | −0.692% | +0.0082% | 8h | $717 | $428 | 5x | as long as short |
| Extended CRCL_24_5-USD | −0.689% | +0.0168% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Aster CRCLUSDT | −0.684% | +0.0161% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Lighter RH CRCL | −0.683% | +0.0032% | 1h | $790K | $2.7M | 10x | as long as short |