After costs, if the gap returns to its 7d average, $10k−$22
spread now−0.038%7d average+0.010%fees + slippage, in and out−$17spread needed0.171%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRCL | 94.341 | 0.0032 | pay 0.0004% / 1h | 8m 19s | $794K | $2.7M | 10x |
| Short | RISEx CRCL/USDC | 94.305 | 0.0124 | get 0.0015% / 1h | 8m 19s | $407K | $324K | 10x |
Lighter RH CRCL
RISEx CRCL/USDCPrice 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
- −$3.78
- Funding while held
- $2.75
- Slippage, 4 orders
- −$11.08
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$18.1
- Spread needed to break even
- 0.171%
Slippage from Lighter RH: live order book, 1 min ago; RISEx: live order book, 37 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0092%
- Per $10,000 a day
- +$2.75
- 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 Lighter RH live order book, 1 min ago | 2.43 bp | 4.4 bp −$4 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 37 min ago | 2.12 bp | 5.1 bp −$5 | 6.5 bp −$65 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest94.240cheapestPolymarket Perps94.257+0.018%Pacifica94.270+0.032%QFEX94.280+0.042%Nado94.282+0.044%Gate94.290+0.053%Coinbase International94.290+0.053%tradeXYZ94.294+0.057%Paradex94.298+0.062%Extended94.299+0.063%Ondo Perps94.300+0.064%Binance94.300+0.064%
Vest
Polymarket Perps
Pacifica
QFEX
Nado
Gate
Coinbase International
tradeXYZ
Paradex
Extended
Ondo Perps
BinanceRISEx94.305+0.069%
Arcus94.310+0.074%SoDEX94.315+0.080%Aevo94.316+0.080%ApeX Omni94.320+0.085%Orderly94.320+0.085%Bybit94.330+0.096%OKX94.330+0.096%Bitget94.330+0.096%Aftermath Perps94.335+0.101%Aster94.340+0.106%
Arcus
SoDEX
Aevo
ApeX Omni
Orderly
Bybit
OKX
Bitget
AsterLighter RH94.341+0.107%
edgeX94.346+0.112%KuCoin94.360+0.127%Phemex94.360+0.127%Phoenix94.362+0.129%Variational Omni94.364+0.132%Lighter94.384+0.153%Deribit94.390+0.159%BloFin94.450+0.223%Injective94.860+0.658%
KuCoin
Phemex
Phoenix
Variational Omni
Lighter
Deribit
BloFin
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 | −0.107% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| Polymarket Perps CRCL-USD | −0.089% | +0.0050% | 1h | $355K | $1.1M | 10x | as long as short |
| Pacifica CRCL | −0.075% | +0.0100% | 1h | $76K | $96K | 10x | as long as short |
| QFEX CRCL-USD | −0.065% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Nado CRCL-PERP | −0.063% | +0.0331% | 1h | $131K | $78K | 3x | as long as short |
| Gate CRCL_USDT | −0.054% | 0.0000% | 8h | $7.1M | $25.8M | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.054% | +0.0080% | 1h | $938K | $791K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.050% | +0.0117% | 1h | $71.3M | $40.3M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.045% | +0.0088% | 8h | $717 | $428 | 5x | as long as short |
| Extended CRCL_24_5-USD | −0.044% | +0.0168% | 1h | $1.1M | $3.2M | 10x | 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 | −0.043% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | −0.043% | +0.0166% | 8h | $106.8M | $355.8M | 50x | as long as short |
| RISEx CRCL/USDCshort | −0.038% | +0.0124% | 1h | $407K | $324K | 10x | |
| Arcus CRCL-USD | −0.033% | +0.0427% | 1h | $105K | $250K | 10x | as long as short |
| SoDEX CRCL-USD | −0.028% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Aevo CRCL-PERP | −0.027% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.022% | +0.0100% | 1h | $69K | $7K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.022% | +0.0100% | 8h | $940 | $3K | 10x | as long as short |
| Bybit CRCLUSDT | −0.012% | +0.0139% | 8h | $15.6M | $23.3M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.012% | +0.0214% | 8h | $22.7M | $56.1M | 50x | as long as short |
| Bitget CRCLUSDT | −0.012% | +0.0288% | 8h | $16.8M | $33.1M | 25x | as long as short |
| Aftermath Perps CRCLUSD | −0.006% | +0.0342% | 1h | $2K | $14K | 5x | as long as short |
| Aster CRCLUSDT | −0.001% | +0.0149% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Lighter RH CRCLlong | 0.000% | +0.0032% | 1h | $794K | $2.7M | 10x | |
| edgeX CRCLUSDC | +0.005% | +0.0546% | 4h | $24K | $264K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.020% | +0.0277% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Phemex CRCLUSDT | +0.020% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Phoenix CRCL | +0.022% | +0.0204% | 1h | $28K | $92K | 10x | as long as short |
| Variational Omni CRCL | +0.024% | +0.0094% | 8h | $2.2M | $2.9M | — | as long as short |
| Lighter CRCL | +0.046% | +0.0296% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.052% | +0.0492% | 1h | $4K | $801K | 10x | as long as short |
| BloFin CRCL-USDT | +0.116% | +0.0286% | 8h | $1.1M | $590K | 20x | as long as short |
| Injective CRCL/USDC PERP | +0.550% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |