Settings8H · net · $10k
Funding arb · Price arb /

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.74 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against Paradex+0.107%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Gate is 0.107% dearer against Paradex than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CRCL-USD-PERP91.9310.0074pay 0.0074% / 8h3h 06m$423$9055x
ShortGate CRCL_USDT92.0300get 0.0000% / 8h3h 06m$7.4M$27.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$15.54
Price spread: +0.107% → 0.000%
$10.72
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$23.82
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Gate live order book, 3 min ago1.63 bp15.0 bp −$1532.6 bp −$326doesn't fitdoesn't fit
Paradex: 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 on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0679%8h92.000+0.075%$16.7M$35.8M25xas long as short
Vest CRCL-USD-PERP−0.0062%1h91.680−0.274%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.960+0.031%$14.8M$26.7M50xas long as short
Gate CRCL_USDTshort0.0000%8h92.030+0.107%$7.4M$27.5M50x
Variational Omni CRCL0.0000%8h91.848−0.091%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.890−0.045%$1.0M$48K10xas long as short
Aster CRCLUSDT+0.0013%8h91.946+0.015%$1.1M$5.0M20xas long as short
Binance CRCLUSDT+0.0023%8h91.955+0.026%$104.8M$392.7M50xas long as short
Extended CRCL_24_5-USD+0.0024%1h91.936+0.005%$1.2M$5.6M10xas long as short
Lighter RH CRCL+0.0032%1h91.945+0.015%$974K$2.9M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CRCLUSD+0.0039%1h91.863−0.075%$2K$26K5xas long as short
Arcus CRCL-USD+0.0040%1h91.820−0.121%$93K$272K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0048%1h91.770−0.176%$914K$522K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.880−0.056%$68.2M$42.3M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.923−0.009%$386K$1.2M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.911−0.022%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.650−0.306%$1.0M$5.1M10xas long as short
QFEX CRCL-USD+0.0060%1h91.950+0.020%$1.3M$1.9M10xas long as short
Paradex CRCL-USD-PERPlong+0.0074%8h91.931long leg$423$9055x
GRVT CRCL_USDT_Perp+0.0084%8h91.800−0.143%$70K$1.1M10xas long as short
BloFin CRCL-USDT+0.0085%8h91.840−0.099%$1.1M$1.6M20xas long as short
OKX CRCL-USDT-SWAP+0.0097%8h91.970+0.042%$22.3M$61.9M50xas long as short
Pacifica CRCL+0.0100%1h91.951+0.022%$136K$160K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.880−0.056%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.740−0.208%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.930−0.002%$917$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.932+0.001%$410xas long as short
RISEx CRCL/USDC+0.0107%1h91.950+0.020%$419K$299K10xas long as short
Phoenix CRCL+0.0182%1h91.797−0.146%$27K$82K10xas long as short
Lighter CRCL+0.0248%1h91.940+0.009%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0347%1h91.834−0.106%$134K$108K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.360+0.466%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0730%1h91.930−0.002%$4K$768K10xas long as short
edgeX CRCLUSDC+0.0757%4h91.849−0.090%$51K$276K10xas long as short