Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day+$0.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CRCL | 93.460 | 0.0100 | pay 0.0013% / 1h | 56m 03s | $75K | $95K | 10x |
| Short | Coinbase International CRCL-PERP-INTX | 93.480 | 0.0120 | get 0.0015% / 1h | 56m 03s | $937K | $785K | 10x |
Pacifica CRCL
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
- $2.14
- Funding while held
- $0.6
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$15.26
- Spread needed to break even
- 0.180%
Slippage unknown: Pacifica: no order-book sample; Coinbase International: live order book, 54 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0020%
- Per $10,000 a day
- +$0.60
- 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 Coinbase International live order book, 54 min ago | 6.37 bp | 11.7 bp −$12 | 15.1 bp −$151 | doesn't fit | doesn't fit |
Pacifica: 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.Vest93.320cheapestPolymarket Perps93.401+0.087%Ondo Perps93.410+0.096%KuCoin93.420+0.107%Arcus93.440+0.129%RISEx93.445+0.134%Nado93.449+0.138%QFEX93.450+0.139%Deribit93.450+0.139%Extended93.451+0.140%
Vest
Polymarket Perps
Ondo Perps
KuCoin
Arcus
RISEx
Nado
QFEX
Deribit
ExtendedPacifica93.460+0.150%
Paradex93.460+0.150%SoDEX93.466+0.156%Aevo93.475+0.166%Gate93.480+0.171%Orderly93.480+0.171%
Paradex
SoDEX
Aevo
Gate
OrderlyCoinbase International93.480+0.171%
Phemex93.480+0.171%Aftermath Perps93.495+0.187%Aster93.496+0.189%BloFin93.500+0.193%tradeXYZ93.531+0.226%ApeX Omni93.540+0.236%Binance93.547+0.243%OKX93.550+0.246%Lighter RH93.569+0.267%Bybit93.570+0.268%Bitget93.590+0.289%Lighter93.623+0.325%Variational Omni93.654+0.358%Phoenix93.675+0.380%edgeX93.707+0.414%Injective94.000+0.729%
Phemex
Aster
BloFin
tradeXYZ
ApeX Omni
Binance
OKX
Lighter RH
Bybit
Bitget
Lighter
Variational Omni
Phoenix
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 | −0.150% | +0.0040% | 1h | — | $45K | 25x | as long as short |
| Polymarket Perps CRCL-USD | −0.063% | +0.0050% | 1h | $352K | $1.0M | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.053% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.043% | +0.0257% | 8h | $2.9M | $1.6M | 20x | as long as short |
| Arcus CRCL-USD | −0.021% | +0.0651% | 1h | $101K | $254K | 10x | as long as short |
| RISEx CRCL/USDC | −0.016% | +0.0163% | 1h | $400K | $315K | 10x | as long as short |
| Nado CRCL-PERP | −0.012% | +0.0246% | 1h | $130K | $68K | 3x | as long as short |
| QFEX CRCL-USD | −0.011% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.011% | +0.0178% | 1h | $4K | $802K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.010% | +0.0144% | 1h | $1.1M | $3.5M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CRCLlong | 0.000% | +0.0100% | 1h | $75K | $95K | 10x | |
| Paradex CRCL-USD-PERP | 0.000% | +0.0082% | 8h | $710 | $428 | 5x | as long as short |
| SoDEX CRCL-USD | +0.006% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.016% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Gate CRCL_USDT | +0.021% | 0.0000% | 8h | $7.0M | $26.0M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.021% | +0.0100% | 8h | $932 | $3K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTXshort | +0.021% | +0.0120% | 1h | $937K | $785K | 10x | |
| Phemex CRCLUSDT | +0.021% | 0.0000% | 4h | $1.0M | $46K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.037% | +0.0366% | 1h | $2K | $15K | 5x | as long as short |
| Aster CRCLUSDT | +0.038% | +0.0130% | 8h | $1.1M | $4.6M | 20x | as long as short |
| BloFin CRCL-USDT | +0.043% | +0.0268% | 8h | $1.1M | $593K | 20x | as long as short |
| tradeXYZ xyz:CRCL | +0.076% | +0.0050% | 1h | $70.4M | $40.6M | 10x | as long as short |
| ApeX Omni CRCLUSDT | +0.086% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Binance CRCLUSDT | +0.093% | +0.0146% | 8h | $106.3M | $365.6M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.096% | +0.0231% | 8h | $22.5M | $57.2M | 50x | as long as short |
| Lighter RH CRCL | +0.117% | +0.0032% | 1h | $792K | $2.7M | 10x | as long as short |
| Bybit CRCLUSDT | +0.118% | +0.0032% | 8h | $15.0M | $24.5M | 50x | as long as short |
| Bitget CRCLUSDT | +0.139% | +0.0325% | 8h | $16.6M | $33.5M | 25x | as long as short |
| Lighter CRCL | +0.174% | +0.0120% | 1h | $2.9M | $2.1M | 10x | as long as short |
| Variational Omni CRCL | +0.207% | +0.0087% | 8h | $2.5M | $3.2M | — | as long as short |
| Phoenix CRCL | +0.230% | +0.0248% | 1h | $28K | $92K | 10x | as long as short |
| edgeX CRCLUSDC | +0.264% | +0.0396% | 4h | $23K | $264K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.578% | +0.0440% | 1h | $5K | $42K | 30x | as long as short |