After costs, if the gap returns to its 7d average, $10k−$101
spread now+0.014%7d average+0.012%fees + slippage, in and out−$101spread needed1.011%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CRCLUSDT | 94.530 | 0 | get 0.0000% / 4h | 29m 31s | $1.0M | $47K | 10x |
| Short | Binance CRCLUSDT | 94.543 | 0.0203 | get 0.0203% / 8h | 29m 31s | $107.2M | $336.1M | 50x |
Phemex CRCLUSDT
Binance CRCLUSDTPrice 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
- $1.42
- Funding while held
- $6.1
- Slippage, 4 orders
- −$79.08
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.56
- Spread needed to break even
- 1.011%
Slippage from Phemex: live order book, 5 min ago; Binance: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0203%
- Per $10,000 a day
- +$6.10
- 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 Phemex live order book, 5 min ago | 3.17 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.52 bp | 6.5 bp −$7 | 9.2 bp −$92 | 31.1 bp −$3,115 | 107.3 bp −$53.7K |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps94.360cheapestPacifica94.410+0.053%Extended94.414+0.058%Aster94.428+0.072%Paradex94.429+0.074%Lighter RH94.445+0.090%QFEX94.450+0.095%Gate94.460+0.106%Arcus94.470+0.117%KuCoin94.480+0.127%Vest94.490+0.138%Deribit94.490+0.138%SoDEX94.496+0.144%Lighter94.497+0.145%Nado94.499+0.147%Orderly94.500+0.148%ApeX Omni94.510+0.159%RISEx94.511+0.160%Aevo94.513+0.162%
Ondo Perps
Pacifica
Extended
Aster
Paradex
Lighter RH
QFEX
Gate
Arcus
KuCoin
Vest
Deribit
SoDEX
Lighter
Nado
Orderly
ApeX Omni
RISEx
AevoPhemex94.530+0.180%
Binance94.543+0.194%
Polymarket Perps94.550+0.201%Variational Omni94.586+0.240%Bybit94.590+0.244%BloFin94.590+0.244%Coinbase International94.600+0.254%tradeXYZ94.605+0.260%Bitget94.620+0.276%edgeX94.625+0.281%OKX94.630+0.286%Phoenix94.655+0.313%Aftermath Perps94.680+0.339%Injective95.530+1.240%
Polymarket Perps
Variational Omni
Bybit
BloFin
Coinbase International
tradeXYZ
Bitget
OKX
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | −0.180% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Pacifica CRCL | −0.127% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| Extended CRCL_24_5-USD | −0.122% | +0.0208% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Aster CRCLUSDT | −0.108% | +0.0193% | 8h | $1.1M | $4.4M | 20x | as long as short |
| Paradex CRCL-USD-PERP | −0.106% | +0.0084% | 8h | $718 | $428 | 5x | as long as short |
| Lighter RH CRCL | −0.090% | +0.0032% | 1h | $813K | $2.6M | 10x | as long as short |
| QFEX CRCL-USD | −0.085% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Gate CRCL_USDT | −0.074% | 0.0000% | 8h | $7.1M | $24.7M | 50x | as long as short |
| Arcus CRCL-USD | −0.063% | +0.0063% | 1h | $107K | $251K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.053% | +0.0212% | 8h | $2.9M | $1.3M | 20x | as long as short |