Spread before costs (cost unknown: a leg has no order-book sample)+0.158%
7d average—if it closes, per $10,000$16funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CRCL | 93.302 | 0.0100 | pay 0.0013% / 1h | 5m 45s | $74K | $95K | 10x |
| Short | Aevo CRCL-PERP | 93.449 | 0.0104 | get 0.0013% / 1h | 5m 45s | $4 | — | 10x |
Pacifica CRCL
Aevo 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
- $15.77
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$8.11
- Spread needed to break even
- 0.240%
Slippage unknown: Pacifica: no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Pacifica and Aevo: 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.tradeXYZ93.250cheapestBybit93.290+0.043%OKX93.300+0.054%Bitget93.300+0.054%
tradeXYZ
Bybit
OKX
BitgetPacifica93.302+0.056%
Lighter RH93.303+0.057%Paradex93.303+0.057%Arcus93.310+0.064%RISEx93.317+0.071%Gate93.320+0.075%Vest93.320+0.075%Extended93.322+0.077%Binance93.329+0.084%KuCoin93.350+0.107%Lighter93.375+0.134%Nado93.378+0.137%SoDEX93.401+0.162%Polymarket Perps93.406+0.167%Aster93.432+0.195%Deribit93.440+0.204%
Lighter RH
Paradex
Arcus
RISEx
Gate
Vest
Extended
Binance
KuCoin
Lighter
Nado
SoDEX
Polymarket Perps
Aster
DeribitAevo93.449+0.214%
Ondo Perps93.450+0.214%QFEX93.470+0.236%Orderly93.480+0.247%Phemex93.490+0.257%Coinbase International93.500+0.268%BloFin93.520+0.290%Phoenix93.586+0.360%Aftermath Perps93.587+0.361%ApeX Omni93.620+0.397%edgeX93.687+0.469%Variational Omni93.753+0.539%Injective94.150+0.965%
Ondo Perps
QFEX
Orderly
Phemex
Coinbase International
BloFin
Phoenix
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 | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.056% | +0.0103% | 1h | $70.2M | $40.5M | 10x | as long as short |
| Bybit CRCLUSDT | −0.013% | +0.0060% | 8h | $15.0M | $24.3M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.002% | +0.0243% | 8h | $22.5M | $56.7M | 50x | as long as short |
| Bitget CRCLUSDT | −0.002% | +0.0322% | 8h | $16.6M | $33.4M | 25x | as long as short |
| Pacifica CRCLlong | 0.000% | +0.0100% | 1h | $74K | $95K | 10x | |
| Lighter RH CRCL | +0.001% | +0.0032% | 1h | $789K | $2.7M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.001% | +0.0085% | 8h | $709 | $428 | 5x | as long as short |
| Arcus CRCL-USD | +0.009% | +0.0586% | 1h | $101K | $254K | 10x | as long as short |
| RISEx CRCL/USDC | +0.016% | +0.0140% | 1h | $403K | $313K | 10x | as long as short |
| Gate CRCL_USDT | +0.019% | 0.0000% | 8h | $7.0M | $26.3M | 50x | as long as short |