Spread before costs (cost unknown: a leg has no order-book sample)+0.137%
7d average+0.184%if it closes, per $10,000$14funding while held, a day+$6.53
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRCL-USD.P | 94.680 | 0.0050 | pay 0.0006% / 1h | 36m 17s | $1.1M | $5.7M | 10x |
| Short | Bitget CRCLUSDT | 94.810 | 0.0268 | get 0.0268% / 8h | 36m 17s | $16.4M | $31.9M | 25x |
Ondo Perps CRCL-USD.P
Bitget CRCLUSDTPrice 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
- $13.73
- Funding while held
- $6.53
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $3.26
- Spread needed to break even
- 0.170%
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0218%
- Per $10,000 a day
- +$6.53
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 1.58 bp | 9.3 bp −$9 | 13.0 bp −$130 | 48.2 bp −$4,820 | doesn't fit |
Ondo 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.Nado94.567cheapestParadex94.636+0.073%QFEX94.640+0.077%BloFin94.640+0.077%Polymarket Perps94.649+0.087%Vest94.650+0.088%Aster94.662+0.100%
Nado
Paradex
QFEX
BloFin
Polymarket Perps
Vest
AsterOndo Perps94.680+0.119%
Pacifica94.689+0.129%Arcus94.690+0.130%KuCoin94.690+0.130%RISEx94.695+0.135%Coinbase International94.700+0.141%Phoenix94.724+0.166%tradeXYZ94.728+0.170%Orderly94.740+0.183%Extended94.747+0.190%Gate94.770+0.215%Phemex94.770+0.215%Deribit94.780+0.225%SoDEX94.792+0.238%Aevo94.793+0.239%Binance94.796+0.242%Lighter RH94.804+0.250%OKX94.810+0.257%
Pacifica
Arcus
KuCoin
RISEx
Coinbase International
Phoenix
tradeXYZ
Orderly
Extended
Gate
Phemex
Deribit
SoDEX
Aevo
Binance
Lighter RH
OKXBitget94.810+0.257%
Aftermath Perps94.813+0.261%Bybit94.830+0.278%Lighter94.854+0.303%ApeX Omni94.890+0.341%Variational Omni95.066+0.527%edgeX95.086+0.549%Injective95.530+1.018%
Bybit
Lighter
ApeX Omni
Variational Omni
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.119% | +0.0305% | 1h | $132K | $79K | 3x | as long as short |
| Paradex CRCL-USD-PERP | −0.046% | +0.0089% | 8h | $719 | $428 | 5x | as long as short |
| QFEX CRCL-USD | −0.042% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| BloFin CRCL-USDT | −0.042% | +0.0339% | 8h | $1.1M | $511K | 20x | as long as short |
| Polymarket Perps CRCL-USD | −0.033% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.032% | +0.0046% | 1h | — | $41K | 25x | as long as short |
| Aster CRCLUSDT | −0.019% | +0.0209% | 8h | $1.1M | $4.4M | 20x | as long as short |
| Ondo Perps CRCL-USD.Plong | 0.000% | +0.0050% | 1h | $1.1M | $5.7M | 10x | |
| Pacifica CRCL | +0.010% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| Arcus CRCL-USD | +0.011% | +0.0063% | 1h | $110K | $254K | 10x | as long as short |