After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.064%7d average+0.112%fees + slippage, in and out−$29spread needed0.289%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRCL-USD | 94.749 | 0.0050 | pay 0.0006% / 1h | 43m 17s | $357K | $1.1M | 10x |
| Short | Aster CRCLUSDT | 94.810 | 0.0163 | get 0.0163% / 8h | 7h 43m | $1.1M | $4.6M | 20x |
Polymarket Perps CRCL-USD
Aster 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
- $6.44
- Funding while held
- $3.39
- Slippage, 4 orders
- −$12.9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$19.07
- Spread needed to break even
- 0.289%
Slippage from Polymarket Perps: live order book, 6 min ago; Aster: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0113%
- Per $10,000 a day
- +$3.39
- 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 Polymarket Perps live order book, 6 min ago | 1.64 bp | 5.6 bp −$6 | 6.0 bp −$60 | 10.1 bp −$1,011 | doesn't fit |
| Sell Aster live order book, 2 min ago | 2.12 bp | 8.1 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps94.310cheapestPhoenix94.329+0.020%ApeX Omni94.400+0.095%Variational Omni94.479+0.179%Aftermath Perps94.493+0.194%edgeX94.519+0.221%Phemex94.600+0.307%Vest94.650+0.361%Coinbase International94.690+0.403%SoDEX94.740+0.456%
Ondo Perps
Phoenix
ApeX Omni
Variational Omni
Phemex
Vest
Coinbase International
SoDEXPolymarket Perps94.749+0.465%
Nado94.750+0.466%Extended94.756+0.473%tradeXYZ94.760+0.477%Arcus94.760+0.477%Gate94.760+0.477%Orderly94.760+0.477%Binance94.770+0.488%Lighter RH94.771+0.489%OKX94.780+0.498%RISEx94.780+0.498%Bybit94.790+0.509%Deribit94.790+0.509%QFEX94.800+0.520%Bitget94.800+0.520%Lighter94.801+0.521%
Nado
Extended
tradeXYZ
Arcus
Gate
Orderly
Binance
Lighter RH
OKX
RISEx
Bybit
Deribit
QFEX
Bitget
LighterAster94.810+0.530%
KuCoin94.820+0.541%Aevo94.822+0.543%Pacifica94.839+0.560%BloFin94.840+0.562%Paradex94.840+0.562%Injective95.250+0.997%
KuCoin
Aevo
Pacifica
BloFin
Paradex
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 | −0.463% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Phoenix CRCL | −0.443% | +0.0204% | 1h | $28K | $92K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.368% | +0.0100% | 1h | $69K | $7K | 50x | as long as short |
| Variational Omni CRCL | −0.285% | +0.0088% | 8h | $2.2M | $2.9M | — | as long as short |
| Aftermath Perps CRCLUSD | −0.271% | +0.0290% | 1h | $2K | $13K | 5x | as long as short |
| edgeX CRCLUSDC | −0.243% | +0.0712% | 4h | $24K | $266K | 10x | as long as short |
| Phemex CRCLUSDT | −0.157% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.104% | +0.0037% | 1h | — | $45K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.062% | +0.0080% | 1h | $941K | $798K | 10x | as long as short |
| SoDEX CRCL-USD | −0.009% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps CRCL-USDlong | 0.000% | +0.0050% | 1h | $357K | $1.1M | 10x | |
| Nado CRCL-PERP | +0.001% | +0.0282% | 1h | $132K | $78K | 3x | as long as short |
| Extended CRCL_24_5-USD | +0.007% | +0.0176% | 1h | $1.0M | $3.1M | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.012% | +0.0050% | 1h | $71.2M | $39.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.012% | +0.0427% | 1h | $106K | $250K | 10x | as long as short |
| Gate CRCL_USDT | +0.012% | 0.0000% | 8h | $7.1M | $25.2M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.012% | +0.0100% | 8h | $945 | $3K | 10x | as long as short |
| Binance CRCLUSDT | +0.022% | +0.0173% | 8h | $107.2M | $350.9M | 50x | as long as short |
| Lighter RH CRCL | +0.023% | +0.0032% | 1h | $794K | $2.7M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.033% | +0.0202% | 8h | $22.7M | $55.7M | 50x | as long as short |
| RISEx CRCL/USDC | +0.033% | +0.0124% | 1h | $405K | $336K | 10x | as long as short |
| Bybit CRCLUSDT | +0.043% | +0.0119% | 8h | $15.5M | $23.3M | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.043% | +0.0489% | 1h | $4K | $802K | 10x | as long as short |
| QFEX CRCL-USD | +0.054% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Bitget CRCLUSDT | +0.054% | +0.0268% | 8h | $16.7M | $32.9M | 25x | as long as short |
| Lighter CRCL | +0.055% | +0.0232% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Aster CRCLUSDTshort | +0.064% | +0.0163% | 8h | $1.1M | $4.6M | 20x | |
| KuCoin CRCLUSDTM | +0.075% | +0.0236% | 8h | $2.9M | $1.4M | 20x | as long as short |
| Aevo CRCL-PERP | +0.077% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Pacifica CRCL | +0.095% | +0.0100% | 1h | $76K | $98K | 10x | as long as short |
| BloFin CRCL-USDT | +0.096% | +0.0293% | 8h | $1.1M | $586K | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.096% | +0.0085% | 8h | $721 | $428 | 5x | as long as short |
| Injective CRCL/USDC PERP | +0.529% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |