After costs, if the gap returns to its 7d average, $10k−$75
spread now−0.158%7d average—fees + slippage, in and out−$59spread needed0.593%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CRCL | 94.180 | 0.0100 | pay 0.0013% / 1h | 54m 48s | $75K | $96K | 10x |
| Short | Polymarket Perps CRCL-USD | 94.032 | 0.0050 | get 0.0006% / 1h | 54m 48s | $354K | $1.1M | 10x |
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
- −$15.76
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$43.27
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$76.53
- Spread needed to break even
- 0.593%
Slippage from Pacifica: live order book, 80 min ago; Polymarket Perps: live order book, 5 min ago.
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 Pacifica live order book, 80 min ago | 13.30 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 1.12 bp | 7.5 bp −$7 | 7.7 bp −$77 | 10.0 bp −$1,005 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.204% | +0.0301% | 1h | $131K | $69K | 3x | as long as short |
| Vest CRCL-USD-PERP | −0.202% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| Ondo Perps CRCL-USD.P | −0.192% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Polymarket Perps CRCL-USDshort | −0.158% | +0.0050% | 1h | $354K | $1.1M | 10x | |
| Orderly PERP_CRCL_USDC_mythos | −0.107% | +0.0100% | 8h | $938 | $3K | 10x | as long as short |
| BloFin CRCL-USDT | −0.107% | +0.0272% | 8h | $1.1M | $587K | 20x | as long as short |
| Arcus CRCL-USD | −0.096% | +0.0586% | 1h | $104K | $251K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.096% | +0.0175% | 1h | $4K | $802K | 10x | as long as short |
| SoDEX CRCL-USD | −0.089% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.085% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo CRCL-PERP | −0.084% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Aftermath Perps CRCLUSD | −0.080% | +0.0349% | 1h | $2K | $14K | 5x | as long as short |
| ApeX Omni CRCLUSDT | −0.075% | +0.0100% | 1h | $69K | $7K | 50x | as long as short |
| Phemex CRCLUSDT | −0.075% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Gate CRCL_USDT | −0.064% | 0.0000% | 8h | $7.1M | $25.5M | 50x | as long as short |
| RISEx CRCL/USDC | −0.060% | +0.0140% | 1h | $406K | $316K | 10x | as long as short |
| Bitget CRCLUSDT | −0.054% | +0.0294% | 8h | $16.9M | $33.1M | 25x | as long as short |
| tradeXYZ xyz:CRCL | −0.048% | +0.0117% | 1h | $71.2M | $40.3M | 10x | as long as short |
| Variational Omni CRCL | −0.044% | +0.0082% | 8h | $2.2M | $2.9M | — | as long as short |
| Binance CRCLUSDT | −0.043% | +0.0152% | 8h | $107.1M | $357.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | −0.036% | +0.0152% | 1h | $1.1M | $3.2M | 10x | as long as short |
| Aster CRCLUSDT | −0.033% | +0.0132% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Bybit CRCLUSDT | −0.032% | +0.0132% | 8h | $15.6M | $23.3M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.032% | +0.0217% | 8h | $22.7M | $56.1M | 50x | as long as short |
| Lighter RH CRCL | −0.030% | +0.0032% | 1h | $793K | $2.7M | 10x | as long as short |
| QFEX CRCL-USD | −0.011% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.011% | +0.0291% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Pacifica CRCLlong | 0.000% | +0.0100% | 1h | $75K | $96K | 10x | |
| edgeX CRCLUSDC | +0.014% | +0.0743% | 4h | $24K | $264K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.015% | +0.0084% | 8h | $716 | $428 | 5x | as long as short |
| Lighter CRCL | +0.018% | +0.0216% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Phoenix CRCL | +0.025% | +0.0263% | 1h | $28K | $92K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.488% | +0.0440% | 1h | $5K | $58K | 30x | as long as short |
Pacifica CRCL
Polymarket Perps CRCL-USD
BloFin
Deribit
SoDEX
Coinbase International
ApeX Omni
Phemex
Gate
RISEx
Bitget
tradeXYZ
Variational Omni
Binance
Extended
Aster
Bybit
OKX
Lighter RH
KuCoin
Paradex
Lighter
Phoenix
Injective