After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.170%7d average−0.030%fees + slippage, in and out−$23spread needed0.229%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx CRCL/USDC | 94.145 | 0.0163 | pay 0.0020% / 1h | 7m 43s | $418K | $323K | 10x |
| Short | Binance CRCLUSDT | 93.985 | 0.0157 | get 0.0157% / 8h | 5h 07m | $107.1M | $371.4M | 50x |
RISEx CRCL/USDC
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
- −$16.97
- Funding while held
- −$0.19
- Slippage, 4 orders
- −$6.94
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.1
- Spread needed to break even
- 0.229%
Slippage from RISEx: live order book, 27 min ago; Binance: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0006%
- Per $10,000 a day
- −$0.19
- 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, 27 min ago | 2.13 bp | 5.1 bp −$5 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.53 bp | 6.3 bp −$6 | 9.4 bp −$94 | 26.5 bp −$2,647 | 87.1 bp −$43.5K |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ93.928cheapestVest93.940+0.013%Nado93.951+0.024%Bybit93.970+0.045%
tradeXYZ
Vest
Nado
BybitBinance93.985+0.061%
Lighter RH93.988+0.064%Polymarket Perps94.001+0.078%Deribit94.020+0.098%Aster94.022+0.100%Lighter94.023+0.101%SoDEX94.027+0.105%OKX94.030+0.109%KuCoin94.030+0.109%Bitget94.030+0.109%Aftermath Perps94.038+0.117%Gate94.040+0.119%Extended94.044+0.123%Orderly94.050+0.130%Aevo94.057+0.137%Ondo Perps94.060+0.141%Phemex94.110+0.194%Pacifica94.119+0.204%Paradex94.123+0.208%Arcus94.130+0.215%QFEX94.130+0.215%
Lighter RH
Polymarket Perps
Deribit
Aster
Lighter
SoDEX
OKX
KuCoin
Bitget
Gate
Extended
Orderly
Aevo
Ondo Perps
Phemex
Pacifica
Paradex
Arcus
QFEXRISEx94.145+0.231%
Coinbase International94.190+0.279%ApeX Omni94.210+0.300%edgeX94.229+0.320%Phoenix94.238+0.330%Variational Omni94.238+0.330%BloFin94.280+0.375%Injective94.740+0.864%
Coinbase International
ApeX Omni
Phoenix
Variational Omni
BloFin
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.230% | +0.0050% | 1h | $70.6M | $41.0M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.218% | +0.0032% | 1h | — | $45K | 25x | as long as short |
| Nado CRCL-PERP | −0.207% | +0.0326% | 1h | $131K | $67K | 3x | as long as short |
| Bybit CRCLUSDT | −0.186% | +0.0038% | 8h | $15.0M | $24.8M | 50x | as long as short |
| Binance CRCLUSDTshort | −0.170% | +0.0157% | 8h | $107.1M | $371.4M | 50x | |
| Lighter RH CRCL | −0.167% | +0.0032% | 1h | $799K | $2.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | −0.153% | +0.0050% | 1h | $354K | $1.0M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.133% | +0.0389% | 1h | $4K | $802K | 10x | as long as short |
| Aster CRCLUSDT | −0.131% | +0.0143% | 8h | $1.1M | $4.6M | 20x | as long as short |
| Lighter CRCL | −0.130% | +0.0296% | 1h | $2.9M | $2.1M | 10x | as long as short |