After costs, if the gap returns to its 7d average, $10k−$71
spread now+0.064%7d average−0.032%fees + slippage, in and out−$81spread needed0.807%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRCLUSDTM | 93.980 | 0.0192 | pay 0.0192% / 8h | 5h 03m | $2.9M | $1.6M | 20x |
| Short | Coinbase International CRCL-PERP-INTX | 94.040 | 0.0120 | get 0.0015% / 1h | 3m 41s | $940K | $746K | 10x |
KuCoin CRCLUSDTM
Coinbase International CRCL-PERP-INTXPrice 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
- $6.38
- Funding while held
- −$2.16
- Slippage, 4 orders
- −$58.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$76.44
- Spread needed to break even
- 0.807%
Slippage from KuCoin: live order book, 10 min ago; Coinbase International: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0072%
- Per $10,000 a day
- −$2.16
- 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 KuCoin live order book, 10 min ago | 1.59 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 41 min ago | 7.45 bp | 12.4 bp −$12 | 16.1 bp −$161 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest93.850cheapestNado93.923+0.078%Phoenix93.937+0.093%tradeXYZ93.949+0.105%Ondo Perps93.950+0.107%Aster93.966+0.124%Variational Omni93.968+0.126%QFEX93.980+0.139%
Vest
Nado
Phoenix
tradeXYZ
Ondo Perps
Aster
Variational Omni
QFEXKuCoin93.980+0.139%
RISEx93.985+0.144%Gate93.990+0.149%Polymarket Perps93.990+0.149%Orderly93.990+0.149%BloFin93.990+0.149%Paradex93.996+0.155%SoDEX93.996+0.156%Extended93.997+0.157%Lighter RH93.998+0.158%Pacifica94.010+0.170%Arcus94.010+0.170%Phemex94.010+0.170%Binance94.017+0.178%Bybit94.020+0.181%Aevo94.027+0.189%edgeX94.029+0.191%Aftermath Perps94.032+0.194%Lighter94.037+0.199%OKX94.040+0.202%Deribit94.040+0.202%
RISEx
Gate
Polymarket Perps
Orderly
BloFin
Paradex
SoDEX
Extended
Lighter RH
Pacifica
Arcus
Phemex
Binance
Bybit
Aevo
Lighter
OKX
DeribitCoinbase International94.040+0.202%
Bitget94.050+0.213%ApeX Omni94.090+0.256%Injective94.740+0.948%
Bitget
ApeX Omni
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.138% | +0.0034% | 1h | — | $45K | 25x | as long as short |
| Nado CRCL-PERP | −0.061% | +0.0332% | 1h | $131K | $67K | 3x | as long as short |
| Phoenix CRCL | −0.046% | +0.0248% | 1h | $28K | $92K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.033% | +0.0050% | 1h | $70.6M | $41.0M | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.032% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | −0.015% | +0.0136% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Variational Omni CRCL | −0.012% | +0.0103% | 8h | $2.5M | $3.2M | — | as long as short |
| QFEX CRCL-USD | 0.000% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| KuCoin CRCLUSDTMlong | 0.000% | +0.0192% | 8h | $2.9M | $1.6M | 20x | |
| RISEx CRCL/USDC | +0.005% | +0.0163% | 1h | $417K | $323K | 10x | as long as short |