After costs, if the gap returns to its 7d average, $10k−$177
spread now−0.957%7d average—fees + slippage, in and out−$81spread needed0.811%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CRCL/USDC PERP | 95.120 | 0.0440 | pay 0.0055% / 1h | 27m 32s | $5K | $76K | 30x |
| Short | OKX CRCL-USDT-SWAP | 94.210 | 0.0199 | get 0.0199% / 8h | 27m 32s | $22.4M | $53.3M | 50x |
Injective CRCL/USDC PERP
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
- −$95.67
- Funding while held
- −$7.24
- Slippage, 4 orders
- −$71.06
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$183.99
- Spread needed to break even
- 0.811%
Slippage from Injective: live order book, 63 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0241%
- Per $10,000 a day
- −$7.24
- 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 live order book, 63 min ago | 24.42 bp | 24.4 bp −$24 | 27.7 bp −$277 | 76284.1 bp −$7.63M | 421420.1 bp −$210.71M |
| Sell OKX live order book, 3 min ago | 0.53 bp | 9.0 bp −$9 | 14.5 bp −$145 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest94.130cheapesttradeXYZ94.146+0.017%Extended94.151+0.023%Binance94.157+0.029%Paradex94.168+0.040%Lighter RH94.168+0.040%Pacifica94.170+0.042%QFEX94.170+0.042%Polymarket Perps94.175+0.048%Aster94.178+0.051%Ondo Perps94.180+0.053%Arcus94.180+0.053%KuCoin94.190+0.064%Gate94.200+0.074%
Vest
tradeXYZ
Extended
Binance
Paradex
Lighter RH
Pacifica
QFEX
Polymarket Perps
Aster
Ondo Perps
Arcus
KuCoin
GateOKX94.210+0.085%
Bitget94.210+0.085%RISEx94.217+0.093%Bybit94.220+0.096%Lighter94.239+0.116%Deribit94.280+0.159%Phoenix94.281+0.160%SoDEX94.298+0.178%Aevo94.368+0.253%Orderly94.380+0.266%Coinbase International94.400+0.287%Phemex94.420+0.308%Nado94.499+0.392%edgeX94.520+0.414%ApeX Omni94.550+0.446%BloFin94.550+0.446%Variational Omni94.586+0.484%Aftermath Perps94.600+0.500%
Bitget
RISEx
Bybit
Lighter
Deribit
Phoenix
SoDEX
Aevo
Orderly
Coinbase International
Phemex
Nado
ApeX Omni
BloFin
Variational OmniInjective95.120+1.052%
CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −1.041% | +0.0046% | 1h | — | $42K | 25x | as long as short |
| tradeXYZ xyz:CRCL | −1.024% | +0.0050% | 1h | $71.1M | $39.9M | 10x | as long as short |
| Extended CRCL_24_5-USD | −1.019% | +0.0200% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Binance CRCLUSDT | −1.012% | +0.0199% | 8h | $106.6M | $337.2M | 50x | as long as short |
| Paradex CRCL-USD-PERP | −1.001% | +0.0083% | 8h | $716 | $428 | 5x | as long as short |
| Lighter RH CRCL | −1.001% | +0.0032% | 1h | $802K | $2.7M | 10x | as long as short |
| Pacifica CRCL | −0.999% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| QFEX CRCL-USD | −0.999% | +0.0046% | 1h | $1.3M | $2.6M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.993% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| Aster CRCLUSDT | −0.990% | +0.0192% | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | −0.988% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Arcus CRCL-USD | −0.988% | +0.0063% | 1h | $106K | $249K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.978% | +0.0213% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Gate CRCL_USDT | −0.967% | 0.0000% | 8h | $7.1M | $24.8M | 50x | as long as short |
| OKX CRCL-USDT-SWAPshort | −0.957% | +0.0199% | 8h | $22.4M | $53.3M | 50x | |
| Bitget CRCLUSDT | −0.957% | +0.0263% | 8h | $16.3M | $32.0M | 25x | as long as short |
| RISEx CRCL/USDC | −0.949% | +0.0101% | 1h | $403K | $342K | 10x | as long as short |
| Bybit CRCLUSDT | −0.946% | +0.0142% | 8h | $15.8M | $22.2M | 50x | as long as short |
| Lighter CRCL | −0.926% | +0.0144% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.883% | 0.0000% | 1h | $4K | $801K | 10x | as long as short |
| Phoenix CRCL | −0.882% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| SoDEX CRCL-USD | −0.864% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Aevo CRCL-PERP | −0.790% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.778% | +0.0100% | 8h | $941 | $3K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.757% | +0.0088% | 1h | $928K | $746K | 10x | as long as short |
| Phemex CRCLUSDT | −0.736% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Nado CRCL-PERP | −0.653% | +0.0282% | 1h | $132K | $79K | 3x | as long as short |
| edgeX CRCLUSDC | −0.631% | +0.0762% | 4h | $21K | $263K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.599% | +0.0100% | 1h | $70K | $8K | 50x | as long as short |
| BloFin CRCL-USDT | −0.599% | +0.0323% | 8h | $1.1M | $544K | 20x | as long as short |
| Variational Omni CRCL | −0.561% | +0.0139% | 8h | $2.4M | $2.7M | — | as long as short |
| Aftermath Perps CRCLUSD | −0.546% | +0.0289% | 1h | $1K | $12K | 5x | as long as short |
| Injective CRCL/USDC PERPlong | 0.000% | +0.0440% | 1h | $5K | $76K | 30x |