After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.099%7d average−0.017%fees + slippage, in and out−$29spread needed0.288%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRCL-USDT-SWAP | 93.980 | 0.0250 | pay 0.0250% / 8h | 5h 06m | $22.8M | $58.3M | 50x |
| Short | Nado CRCL-PERP | 93.887 | 0.0330 | get 0.0041% / 1h | 6m 12s | $131K | $67K | 3x |
OKX CRCL-USDT-SWAP
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
- −$9.87
- Funding while held
- $2.39
- Slippage, 4 orders
- −$11.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$36.31
- Spread needed to break even
- 0.288%
Slippage from OKX: live order book, 4 min ago; Nado: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0080%
- Per $10,000 a day
- +$2.39
- 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 OKX live order book, 4 min ago | 0.53 bp | 7.7 bp −$8 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell Nado live order book, 28 min ago | 1.59 bp | 7.1 bp −$7 | 22.1 bp −$221 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest93.810cheapest
VestNado93.887+0.082%
Ondo Perps93.920+0.117%QFEX93.930+0.128%Paradex93.932+0.130%Arcus93.940+0.139%Pacifica93.941+0.140%tradeXYZ93.946+0.145%Polymarket Perps93.946+0.145%BloFin93.950+0.149%Gate93.970+0.171%Phemex93.970+0.171%SoDEX93.971+0.172%Bybit93.980+0.181%
Ondo Perps
QFEX
Paradex
Arcus
Pacifica
tradeXYZ
Polymarket Perps
BloFin
Gate
Phemex
SoDEX
BybitOKX93.980+0.181%
KuCoin93.980+0.181%Deribit93.980+0.181%Aftermath Perps93.984+0.186%Lighter RH93.987+0.189%Extended93.989+0.191%RISEx93.990+0.192%Binance94.000+0.203%Aevo94.004+0.207%Aster94.010+0.213%Bitget94.010+0.213%Orderly94.010+0.213%Lighter94.027+0.231%Coinbase International94.040+0.245%ApeX Omni94.090+0.298%edgeX94.229+0.446%Phoenix94.238+0.456%Variational Omni94.238+0.457%Injective94.740+0.991%
KuCoin
Deribit
Lighter RH
Extended
RISEx
Binance
Aevo
Aster
Bitget
Orderly
Lighter
Coinbase International
ApeX Omni
Phoenix
Variational 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 | −0.181% | +0.0033% | 1h | — | $45K | 25x | as long as short |
| Nado CRCL-PERPshort | −0.099% | +0.0330% | 1h | $131K | $67K | 3x | |
| Ondo Perps CRCL-USD.P | −0.064% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| QFEX CRCL-USD | −0.053% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.051% | +0.0089% | 8h | $714 | $428 | 5x | as long as short |
| Arcus CRCL-USD | −0.043% | +0.0651% | 1h | $101K | $257K | 10x | as long as short |
| Pacifica CRCL | −0.041% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.036% | +0.0050% | 1h | $70.6M | $41.0M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.036% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| BloFin CRCL-USDT | −0.032% | +0.0277% | 8h | $1.1M | $566K | 20x | as long as short |