Spread before costs (cost unknown: a leg has no order-book sample)−0.604%
7d average—if it closes, per $10,000$60funding while held, a day−$7.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CRCL/USDC PERP | 95.180 | 0.0440 | pay 0.0055% / 1h | 38m 33s | $5K | $76K | 30x |
| Short | Extended CRCL_24_5-USD | 94.605 | 0.0176 | get 0.0022% / 1h | 38m 33s | $1.0M | $3.1M | 10x |
Injective CRCL/USDC PERP
Extended CRCL_24_5-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
- −$60.42
- Funding while held
- −$7.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$73.36
- Spread needed to break even
- 0.050%
Slippage unknown: Injective: no order-book sample; Extended: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0264%
- Per $10,000 a day
- −$7.92
- 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 Extended live order book, 2 min ago | 0.74 bp | 5.9 bp −$6 | 27.4 bp −$274 | doesn't fit | 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.Arcus94.540cheapestNado94.551+0.012%QFEX94.560+0.021%Paradex94.583+0.046%Bitget94.600+0.063%
Arcus
Nado
QFEX
Paradex
BitgetExtended94.605+0.069%
KuCoin94.610+0.074%tradeXYZ94.622+0.087%Lighter RH94.629+0.094%Binance94.630+0.095%Pacifica94.640+0.106%Gate94.640+0.106%Phemex94.640+0.106%OKX94.650+0.116%RISEx94.650+0.116%Bybit94.660+0.127%Vest94.670+0.138%Lighter94.672+0.140%Aftermath Perps94.676+0.144%Polymarket Perps94.685+0.153%ApeX Omni94.700+0.169%Aster94.726+0.197%Coinbase International94.730+0.201%Variational Omni94.734+0.205%BloFin94.740+0.212%Ondo Perps94.750+0.222%Deribit94.750+0.222%SoDEX94.754+0.226%Orderly94.770+0.243%Aevo94.776+0.250%edgeX94.810+0.285%Phoenix94.817+0.293%
KuCoin
tradeXYZ
Lighter RH
Binance
Pacifica
Gate
Phemex
OKX
RISEx
Bybit
Vest
Lighter
Polymarket Perps
ApeX Omni
Aster
Coinbase International
Variational Omni
BloFin
Ondo Perps
Deribit
SoDEX
Orderly
Aevo
PhoenixInjective95.180+0.677%
CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus CRCL-USD | −0.672% | +0.0427% | 1h | $106K | $250K | 10x | as long as short |
| Nado CRCL-PERP | −0.661% | +0.0301% | 1h | $132K | $78K | 3x | as long as short |
| QFEX CRCL-USD | −0.651% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.627% | +0.0087% | 8h | $719 | $428 | 5x | as long as short |
| Bitget CRCLUSDT | −0.609% | +0.0271% | 8h | $16.7M | $33.0M | 25x | as long as short |
| Extended CRCL_24_5-USDshort | −0.604% | +0.0176% | 1h | $1.0M | $3.1M | 10x | |
| KuCoin CRCLUSDTM | −0.599% | +0.0239% | 8h | $2.9M | $1.4M | 20x | as long as short |
| tradeXYZ xyz:CRCL | −0.586% | +0.0074% | 1h | $71.2M | $39.9M | 10x | as long as short |
| Lighter RH CRCL | −0.579% | +0.0032% | 1h | $794K | $2.7M | 10x | as long as short |
| Binance CRCLUSDT | −0.578% | +0.0171% | 8h | $107.1M | $351.9M | 50x | as long as short |