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−0.0043%/8h= −4.7% APRnext payment $0.43 per $10,000 · paid last 24h +0.031%
Price spread now: OKX against Paradex−0.014%50s7-day average · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CRCL-USD-PERP91.1330.0070pay 0.0070% / 8h5h 48m$747$7405x
ShortOKX CRCL-USDT-SWAP91.1200.0027get 0.0027% / 8h5h 48m$21.4M$58.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$8.98
Price spread: −0.014% → 0.000%
−$1.4
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$24.38
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago0.55 bp7.5 bp −$714.9 bp −$149103.2 bp −$10.3Kdoesn'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 33 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−0.1192%8h91.180+0.052%$15.6M$34.5M25xas long as short
Vest CRCL-USD-PERP−0.0076%1h90.870−0.288%$35K25xas long as short
Coinbase International CRCL-PERP-INTX−0.0016%1h91.160+0.030%$900K$539K10xas long as short
Bybit CRCLUSDT0.0000%8h91.100−0.036%$14.9M$25.7M50xas long as short
RISEx CRCL/USDC0.0000%1h91.110−0.025%$416K$297K10xas long as short
Gate CRCL_USDT0.0000%8h91.130−0.003%$7.0M$26.4M50xas long as short
Variational Omni CRCL0.0000%8h91.307+0.191%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.340+0.227%$66K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h91.100−0.036%$1.0M$49K10xas long as short
Binance CRCLUSDT+0.0014%8h91.085−0.053%$103.5M$383.8M50xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CRCL_24_5-USD+0.0016%1h91.073−0.066%$1.1M$5.7M10xas long as short
Aster CRCLUSDT+0.0021%8h91.074−0.064%$1.1M$4.9M20xas long as short
Aftermath Perps CRCLUSD+0.0022%1h91.379+0.270%$2K$23K5xas long as short
QFEX CRCL-USD+0.0023%1h91.100−0.036%$1.3M$2.2M10xas long as short
OKX CRCL-USDT-SWAPshort+0.0027%8h91.120−0.014%$21.4M$58.9M50x
Lighter RH CRCL+0.0032%1h91.126−0.007%$969K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.320+0.205%$93K$271K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.036−0.106%$68.2M$41.1M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.086−0.051%$353K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.093−0.044%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.160+0.030%$973K$5.1M10xas long as short
edgeX CRCLUSDC+0.0055%4h91.376+0.267%$23K$267K10xas long as short
Paradex CRCL-USD-PERPlong+0.0070%8h91.133long leg$747$7405x
Pacifica CRCL+0.0100%1h91.118−0.016%$132K$157K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.160+0.030%$2.8M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.500+0.403%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.070−0.069%$908$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.056−0.085%$410xas long as short
Phoenix CRCL+0.0183%1h91.079−0.059%$27K$84K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0189%1h91.090−0.047%$4K$767K10xas long as short
Nado CRCL-PERP+0.0202%1h91.154+0.023%$130K$103K3xas long as short
Lighter CRCL+0.0280%1h91.137+0.005%$2.9M$2.4M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h91.820+0.754%$5K$19K30xas long as short