Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average—if it closes, per $10,000$0funding while held, a day+$1.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CRCL-PERP | 93.967 | 0.0300 | pay 0.0037% / 1h | 44m 44s | $131K | $69K | 3x |
| Short | Aftermath Perps CRCLUSD | 93.964 | 0.0360 | get 0.0045% / 1h | 44m 44s | $2K | $15K | 5x |
Nado CRCL-PERPPrice 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
- −$0.34
- Funding while held
- $1.79
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$14.54
- Spread needed to break even
- 0.160%
Slippage unknown: Nado: live order book, 54 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0060%
- Per $10,000 a day
- +$1.79
- 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 Nado live order book, 54 min ago | 1.59 bp | 7.1 bp −$7 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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.Phoenix93.860cheapestOndo Perps93.900+0.043%Vest93.950+0.096%tradeXYZ93.958+0.104%ApeX Omni93.960+0.107%
Phoenix
Ondo Perps
Vest
tradeXYZ
ApeX OmniNado93.967+0.114%
Pacifica93.970+0.117%Gate93.970+0.117%KuCoin93.980+0.128%Extended93.989+0.137%Coinbase International93.990+0.139%Binance93.995+0.144%Paradex93.998+0.147%Bybit94.000+0.149%Bitget94.000+0.149%Phemex94.000+0.149%SoDEX94.006+0.156%Lighter RH94.010+0.160%Polymarket Perps94.020+0.170%Aster94.028+0.179%OKX94.030+0.181%Orderly94.030+0.181%Deribit94.030+0.181%Aevo94.043+0.195%Variational Omni94.047+0.200%Lighter94.063+0.216%BloFin94.080+0.234%edgeX94.082+0.237%RISEx94.136+0.294%Arcus94.140+0.298%QFEX94.160+0.320%Injective94.550+0.735%
Pacifica
Gate
KuCoin
Extended
Coinbase International
Binance
Paradex
Bybit
Bitget
Phemex
SoDEX
Lighter RH
Polymarket Perps
Aster
OKX
Orderly
Deribit
Aevo
Variational Omni
Lighter
BloFin
RISEx
Arcus
QFEX
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix CRCL | −0.114% | +0.0248% | 1h | $28K | $92K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.072% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.018% | +0.0036% | 1h | — | $45K | 25x | as long as short |
| tradeXYZ xyz:CRCL | −0.010% | +0.0050% | 1h | $70.8M | $40.7M | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.008% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Aftermath Perps CRCLUSDshort | −0.003% | +0.0360% | 1h | $2K | $15K | 5x | |
| Nado CRCL-PERPlong | 0.000% | +0.0300% | 1h | $131K | $69K | 3x | |
| Pacifica CRCL | +0.003% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| Gate CRCL_USDT | +0.003% | 0.0000% | 8h | $7.1M | $26.2M | 50x | as long as short |
| KuCoin CRCLUSDTM | +0.013% | +0.0244% | 8h | $2.9M | $1.6M | 20x | as long as short |