Spread before costs (cost unknown: a leg has no order-book sample)+0.106%
7d average—if it closes, per $10,000$11funding while held, a day−$0.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CRCL_USDC_mythos | 94.600 | 0.0100 | pay 0.0100% / 8h | 30m 53s | $943 | $3K | 10x |
| Short | Coinbase International CRCL-PERP-INTX | 94.700 | 0.0088 | get 0.0011% / 1h | 30m 53s | $931K | $748K | 10x |
Orderly PERP_CRCL_USDC_mythos
Coinbase International CRCL-PERP-INTXPrice 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
- $10.57
- Funding while held
- −$0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$5.79
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 29 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.36
- 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 Coinbase International live order book, 29 min ago | 6.83 bp | 11.8 bp −$12 | 16.4 bp −$164 | doesn't fit | 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.tradeXYZ94.490cheapestExtended94.513+0.025%OKX94.520+0.032%Binance94.550+0.063%Bitget94.550+0.063%Bybit94.570+0.085%SoDEX94.576+0.091%Lighter RH94.579+0.094%KuCoin94.580+0.095%Vest94.580+0.095%Nado94.585+0.100%Deribit94.590+0.106%BloFin94.590+0.106%
tradeXYZ
Extended
OKX
Binance
Bitget
Bybit
SoDEX
Lighter RH
KuCoin
Vest
Nado
Deribit
BloFinOrderly94.600+0.116%
Polymarket Perps94.607+0.124%Gate94.610+0.127%Aevo94.613+0.130%Aster94.617+0.134%Arcus94.620+0.138%Paradex94.628+0.146%QFEX94.630+0.148%Variational Omni94.636+0.155%Pacifica94.639+0.158%Phemex94.640+0.159%Lighter94.650+0.169%Ondo Perps94.650+0.169%RISEx94.650+0.169%Phoenix94.655+0.175%ApeX Omni94.670+0.190%
Polymarket Perps
Gate
Aevo
Aster
Arcus
Paradex
QFEX
Variational Omni
Pacifica
Phemex
Lighter
Ondo Perps
RISEx
Phoenix
ApeX OmniCoinbase International94.700+0.222%
edgeX94.700+0.222%Aftermath Perps94.711+0.234%Injective95.530+1.101%
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.116% | +0.0050% | 1h | $71.6M | $39.6M | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.092% | +0.0208% | 1h | $1.0M | $3.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | −0.085% | +0.0205% | 8h | $22.6M | $53.2M | 50x | as long as short |
| Binance CRCLUSDT | −0.053% | +0.0207% | 8h | $107.2M | $335.5M | 50x | as long as short |
| Bitget CRCLUSDT | −0.053% | +0.0267% | 8h | $16.4M | $32.0M | 25x | as long as short |
| Bybit CRCLUSDT | −0.032% | +0.0148% | 8h | $16.0M | $22.0M | 50x | as long as short |
| SoDEX CRCL-USD | −0.025% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Lighter RH CRCL | −0.022% | +0.0032% | 1h | $815K | $2.6M | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.021% | +0.0214% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Vest CRCL-USD-PERP | −0.021% | +0.0046% | 1h | — | $41K | 25x | as long as short |