Spread before costs (cost unknown: a leg has no order-book sample)+0.004%
7d average—if it closes, per $10,000$0funding while held, a day+$5.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx CRCL/USDC | 94.760 | 0.0124 | pay 0.0015% / 1h | 34m 35s | $405K | $336K | 10x |
| Short | Aftermath Perps CRCLUSD | 94.764 | 0.0312 | get 0.0039% / 1h | 34m 35s | $2K | $13K | 5x |
RISEx CRCL/USDCPrice 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
- $0.37
- Funding while held
- $5.65
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$8.98
- Spread needed to break even
- 0.150%
Slippage unknown: RISEx: live order book, 10 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0188%
- Per $10,000 a day
- +$5.65
- 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 RISEx live order book, 10 min ago | 2.12 bp | 5.1 bp −$5 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps94.650cheapestPhemex94.660+0.011%ApeX Omni94.670+0.021%Gate94.700+0.053%tradeXYZ94.708+0.061%Paradex94.714+0.067%Aster94.714+0.068%SoDEX94.716+0.070%Lighter RH94.724+0.078%Variational Omni94.727+0.081%Arcus94.730+0.085%KuCoin94.730+0.085%BloFin94.730+0.085%Binance94.739+0.094%QFEX94.740+0.095%Nado94.740+0.095%Pacifica94.745+0.100%edgeX94.750+0.106%Bybit94.750+0.106%Bitget94.750+0.106%Extended94.755+0.111%
Ondo Perps
Phemex
ApeX Omni
Gate
tradeXYZ
Paradex
Aster
SoDEX
Lighter RH
Variational Omni
Arcus
KuCoin
BloFin
Binance
QFEX
Nado
Pacifica
Bybit
Bitget
ExtendedRISEx94.760+0.116%
OKX94.770+0.127%Vest94.780+0.137%Lighter94.783+0.141%Coinbase International94.790+0.148%Phoenix94.817+0.176%Orderly94.820+0.180%Deribit94.820+0.180%Polymarket Perps94.851+0.212%Aevo94.879+0.242%Injective95.340+0.729%
OKX
Vest
Lighter
Coinbase International
Phoenix
Orderly
Deribit
Polymarket Perps
Aevo
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 | −0.116% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Phemex CRCLUSDT | −0.106% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.095% | +0.0100% | 1h | $70K | $7K | 50x | as long as short |
| Gate CRCL_USDT | −0.063% | 0.0000% | 8h | $7.1M | $25.3M | 50x | as long as short |
| tradeXYZ xyz:CRCL | −0.055% | +0.0089% | 1h | $71.3M | $40.1M | 10x | as long as short |
| Paradex CRCL-USD-PERP | −0.049% | +0.0088% | 8h | $720 | $428 | 5x | as long as short |
| Aster CRCLUSDT | −0.048% | +0.0159% | 8h | $1.1M | $4.6M | 20x | as long as short |
| SoDEX CRCL-USD | −0.046% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Lighter RH CRCL | −0.038% | +0.0032% | 1h | $793K | $2.7M | 10x | as long as short |
| Variational Omni CRCL | −0.035% | +0.0087% | 8h | $2.2M | $2.9M | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus CRCL-USD | −0.032% | +0.0427% | 1h | $106K | $250K | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.032% | +0.0241% | 8h | $2.9M | $1.4M | 20x | as long as short |
| BloFin CRCL-USDT | −0.032% | +0.0289% | 8h | $1.1M | $585K | 20x | as long as short |
| Binance CRCLUSDT | −0.022% | +0.0168% | 8h | $107.4M | $352.5M | 50x | as long as short |
| QFEX CRCL-USD | −0.021% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Nado CRCL-PERP | −0.021% | +0.0309% | 1h | $132K | $79K | 3x | as long as short |
| Pacifica CRCL | −0.016% | +0.0100% | 1h | $76K | $98K | 10x | as long as short |
| edgeX CRCLUSDC | −0.011% | +0.0686% | 4h | $24K | $265K | 10x | as long as short |
| Bybit CRCLUSDT | −0.011% | +0.0171% | 8h | $15.5M | $23.3M | 50x | as long as short |
| Bitget CRCLUSDT | −0.011% | +0.0274% | 8h | $16.8M | $33.0M | 25x | as long as short |
| Extended CRCL_24_5-USD | −0.005% | +0.0168% | 1h | $1.0M | $3.1M | 10x | as long as short |
| RISEx CRCL/USDClong | 0.000% | +0.0124% | 1h | $405K | $336K | 10x | |
| Aftermath Perps CRCLUSDshort | +0.004% | +0.0312% | 1h | $2K | $13K | 5x | |
| OKX CRCL-USDT-SWAP | +0.011% | +0.0208% | 8h | $22.8M | $55.8M | 50x | as long as short |
| Vest CRCL-USD-PERP | +0.021% | +0.0040% | 1h | — | $45K | 25x | as long as short |
| Lighter CRCL | +0.024% | +0.0272% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.032% | +0.0080% | 1h | $942K | $798K | 10x | as long as short |
| Phoenix CRCL | +0.060% | +0.0204% | 1h | $28K | $92K | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.063% | +0.0100% | 8h | $945 | $3K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.063% | +0.0383% | 1h | $4K | $802K | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.096% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERP | +0.125% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.612% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |