Spread before costs (cost unknown: a leg has no order-book sample)−0.136%
7d average—if it closes, per $10,000$14funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CRCL_USDC_mythos | 95.770 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $955 | $3K | 10x |
| Short | Bybit CRCLUSDT | 95.640 | 0.0150 | get 0.0150% / 8h | 1h 28m | $16.0M | $21.3M | 50x |
Price 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
- −$13.57
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.07
- Spread needed to break even
- 0.170%
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 1.56 bp | 11.1 bp −$11 | 23.1 bp −$231 | 110.2 bp −$11.0K | doesn't fit |
Orderly: 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.CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended CRCL_24_5-USD | −0.208% | +0.0240% | 1h | $1.0M | $3.0M | 10x | as long as short |
| Bitget CRCLUSDT | −0.188% | +0.0226% | 8h | $16.6M | $30.6M | 25x | as long as short |
| tradeXYZ xyz:CRCL | −0.163% | +0.0156% | 1h | $76.1M | $35.4M | 10x | as long as short |
| Binance CRCLUSDT | −0.152% | +0.0243% | 8h | $107.6M | $308.9M | 50x | as long as short |
| Bybit CRCLUSDTshort | −0.136% | +0.0150% | 8h | $16.0M | $21.3M | 50x | |
| KuCoin CRCLUSDTM | −0.136% | +0.0112% | 8h | $3.0M | $1.1M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | −0.104% | +0.0222% | 8h | $22.7M | $50.8M | 50x | as long as short |
| Gate CRCL_USDT | −0.084% | 0.0000% | 8h | $7.2M | $23.2M | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.073% | +0.0168% | 1h | $1K | $799K | 10x | as long as short |
| Aster CRCLUSDT | −0.069% | +0.0252% | 8h | $1.3M | $4.1M | 20x | as long as short |
Bybit CRCLUSDT
Extended
Bitget
tradeXYZ
Binance
KuCoin
OKX
Gate
Deribit
Aster
SoDEX
Lighter RH
BloFin
Lighter
Polymarket Perps
Phemex
Pacifica
RISEx
Phoenix
Paradex
ApeX Omni
Coinbase International
Variational Omni
Injective