After costs, if the gap returns to its 7d average, $10k−$78
spread now+0.023%7d average+0.109%fees + slippage, in and out−$70spread needed0.698%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRCL-USD | 93.968 | 0.0050 | pay 0.0006% / 1h | 3m 10s | $354K | $1.0M | 10x |
| Short | KuCoin CRCLUSDTM | 93.990 | 0.0192 | get 0.0192% / 8h | 5h 03m | $2.9M | $1.6M | 20x |
Polymarket Perps CRCL-USD
KuCoin CRCLUSDTMPrice 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
- $2.34
- Funding while held
- $4.26
- Slippage, 4 orders
- −$49.76
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$63.16
- Spread needed to break even
- 0.698%
Slippage from Polymarket Perps: live order book, 1 min ago; KuCoin: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0142%
- Per $10,000 a day
- +$4.26
- 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, 1 min ago | 2.13 bp | 6.3 bp −$6 | 6.7 bp −$67 | 9.2 bp −$920 | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 1.59 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest93.850cheapestApeX Omni93.880+0.032%Nado93.910+0.064%Phoenix93.912+0.066%Coinbase International93.920+0.075%Ondo Perps93.950+0.107%tradeXYZ93.955+0.112%
Vest
ApeX Omni
Nado
Phoenix
Coinbase International
Ondo Perps
tradeXYZPolymarket Perps93.968+0.126%
Variational Omni93.968+0.126%Orderly93.980+0.139%Aster93.982+0.140%Gate93.990+0.149%
Variational Omni
Orderly
Aster
GateKuCoin93.990+0.149%
Paradex93.996+0.155%SoDEX93.996+0.156%Extended93.998+0.157%Binance94.000+0.160%Bybit94.000+0.160%QFEX94.000+0.160%Deribit94.000+0.160%RISEx94.003+0.163%edgeX94.006+0.166%Pacifica94.010+0.170%Lighter RH94.010+0.170%OKX94.010+0.170%Arcus94.010+0.170%Phemex94.010+0.170%BloFin94.010+0.170%Aevo94.017+0.178%Aftermath Perps94.019+0.181%Bitget94.030+0.192%Lighter94.044+0.207%Injective94.450+0.639%
Paradex
SoDEX
Extended
Binance
Bybit
QFEX
Deribit
RISEx
Pacifica
Lighter RH
OKX
Arcus
Phemex
BloFin
Aevo
Bitget
Lighter
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.126% | +0.0035% | 1h | — | $45K | 25x | as long as short |
| ApeX Omni CRCLUSDT | −0.094% | +0.0100% | 1h | $69K | $5K | 50x | as long as short |
| Nado CRCL-PERP | −0.062% | +0.0333% | 1h | $131K | $67K | 3x | as long as short |
| Phoenix CRCL | −0.060% | +0.0248% | 1h | $28K | $92K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.051% | +0.0120% | 1h | $939K | $745K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.019% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.014% | +0.0050% | 1h | $70.6M | $41.0M | 10x | as long as short |
| Polymarket Perps CRCL-USDlong | 0.000% | +0.0050% | 1h | $354K | $1.0M | 10x | |
| Variational Omni CRCL | 0.000% | +0.0103% | 8h | $2.5M | $3.2M | — | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.013% | +0.0100% | 8h | $937 | $3K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CRCLUSDT | +0.015% | +0.0136% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Gate CRCL_USDT | +0.023% | 0.0000% | 8h | $7.1M | $26.6M | 50x | as long as short |
| KuCoin CRCLUSDTMshort | +0.023% | +0.0192% | 8h | $2.9M | $1.6M | 20x | |
| Paradex CRCL-USD-PERP | +0.030% | +0.0092% | 8h | $714 | $428 | 5x | as long as short |
| SoDEX CRCL-USD | +0.030% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.032% | +0.0152% | 1h | $1.2M | $3.5M | 10x | as long as short |
| Binance CRCLUSDT | +0.034% | +0.0152% | 8h | $107.4M | $371.4M | 50x | as long as short |
| Bybit CRCLUSDT | +0.034% | +0.0049% | 8h | $15.0M | $24.8M | 50x | as long as short |
| QFEX CRCL-USD | +0.034% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.034% | +0.0602% | 1h | $4K | $802K | 10x | as long as short |
| RISEx CRCL/USDC | +0.037% | +0.0163% | 1h | $417K | $323K | 10x | as long as short |
| edgeX CRCLUSDC | +0.041% | +0.0615% | 4h | $24K | $266K | 10x | as long as short |
| Pacifica CRCL | +0.045% | +0.0100% | 1h | $75K | $95K | 10x | as long as short |
| Lighter RH CRCL | +0.045% | +0.0032% | 1h | $799K | $2.7M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.045% | +0.0254% | 8h | $22.8M | $58.3M | 50x | as long as short |
| Arcus CRCL-USD | +0.045% | +0.0651% | 1h | $101K | $257K | 10x | as long as short |
| Phemex CRCLUSDT | +0.045% | 0.0000% | 4h | $1.0M | $46K | 10x | as long as short |
| BloFin CRCL-USDT | +0.045% | +0.0272% | 8h | $1.1M | $567K | 20x | as long as short |
| Aevo CRCL-PERP | +0.052% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.055% | +0.0340% | 1h | $2K | $16K | 5x | as long as short |
| Bitget CRCLUSDT | +0.066% | +0.0378% | 8h | $16.7M | $34.0M | 25x | as long as short |
| Lighter CRCL | +0.081% | +0.0312% | 1h | $2.9M | $2.1M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.513% | +0.0440% | 1h | $5K | $42K | 30x | as long as short |