After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.105%7d average−0.044%fees + slippage, in and out−$46spread needed0.464%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx CRCL/USDC | 95.576 | 0.0336 | pay 0.0042% / 1h | 20m 40s | $413K | $323K | 10x |
| Short | Nado CRCL-PERP | 95.476 | 0.0223 | get 0.0028% / 1h | 20m 40s | $130K | $77K | 3x |
RISEx CRCL/USDC
Nado CRCL-PERPPrice 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
- −$10.51
- Funding while held
- −$3.4
- Slippage, 4 orders
- −$33.44
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$60.35
- Spread needed to break even
- 0.464%
Slippage from RISEx: live order book, 34 min ago; Nado: live order book, 33 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0113%
- Per $10,000 a day
- −$3.40
- 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, 34 min ago | 3.67 bp | 7.7 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Nado live order book, 33 min ago | 4.21 bp | 13.1 bp −$13 | 27.7 bp −$277 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Paradex95.316cheapestBitget95.330+0.014%Coinbase International95.330+0.014%tradeXYZ95.349+0.034%Lighter RH95.350+0.035%Binance95.350+0.035%OKX95.360+0.046%Pacifica95.364+0.050%Bybit95.390+0.077%Lighter95.420+0.109%Vest95.460+0.151%
Paradex
Bitget
Coinbase International
tradeXYZ
Lighter RH
Binance
OKX
Pacifica
Bybit
Lighter
VestNado95.476+0.167%
Extended95.478+0.169%Ondo Perps95.500+0.193%Gate95.510+0.203%Variational Omni95.514+0.207%Aster95.525+0.219%QFEX95.530+0.224%edgeX95.544+0.239%BloFin95.550+0.245%SoDEX95.556+0.251%Arcus95.560+0.256%ApeX Omni95.560+0.256%Polymarket Perps95.565+0.261%KuCoin95.570+0.266%Deribit95.570+0.266%Phemex95.570+0.266%
Extended
Ondo Perps
Gate
Variational Omni
Aster
QFEX
BloFin
SoDEX
Arcus
ApeX Omni
Polymarket Perps
KuCoin
Deribit
PhemexRISEx95.576+0.273%
Orderly95.580+0.277%Aevo95.600+0.297%Aftermath Perps95.637+0.336%Phoenix95.693+0.395%Injective95.990+0.707%
Orderly
Aevo
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex CRCL-USD-PERP | −0.272% | +0.0109% | 8h | $724 | $428 | 5x | as long as short |
| Bitget CRCLUSDT | −0.258% | +0.0239% | 8h | $16.5M | $30.7M | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.258% | +0.0080% | 1h | $935K | $739K | 10x | as long as short |
| tradeXYZ xyz:CRCL | −0.238% | +0.0181% | 1h | $75.6M | $35.8M | 10x | as long as short |
| Lighter RH CRCL | −0.237% | +0.0032% | 1h | $879K | $2.4M | 10x | as long as short |
| Binance CRCLUSDT | −0.237% | +0.0244% | 8h | $107.3M | $312.1M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.226% | +0.0221% | 8h | $22.7M | $50.9M | 50x | as long as short |
| Pacifica CRCL | −0.222% | +0.0100% | 1h | $89K | $89K | 10x | as long as short |
| Bybit CRCLUSDT | −0.195% | +0.0153% | 8h | $16.0M | $21.4M | 50x | as long as short |
| Lighter CRCL | −0.163% | +0.0144% | 1h | $3.0M | $1.9M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.122% | +0.0046% | 1h | — | $35K | 25x | as long as short |
| Nado CRCL-PERPshort | −0.105% | +0.0223% | 1h | $130K | $77K | 3x | |
| Extended CRCL_24_5-USD | −0.103% | +0.0240% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.080% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
| Gate CRCL_USDT | −0.069% | 0.0000% | 8h | $7.2M | $23.5M | 50x | as long as short |
| Variational Omni CRCL | −0.066% | +0.0161% | 8h | $2.4M | $2.7M | — | as long as short |
| Aster CRCLUSDT | −0.054% | +0.0245% | 8h | $1.3M | $4.1M | 20x | as long as short |
| QFEX CRCL-USD | −0.048% | +0.0042% | 1h | $1.4M | $2.5M | 10x | as long as short |
| edgeX CRCLUSDC | −0.034% | +0.0917% | 4h | $21K | $261K | 10x | as long as short |
| BloFin CRCL-USDT | −0.027% | +0.0363% | 8h | $1.1M | $499K | 20x | as long as short |
| SoDEX CRCL-USD | −0.021% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Arcus CRCL-USD | −0.017% | +0.0040% | 1h | $123K | $223K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.017% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Polymarket Perps CRCL-USD | −0.012% | +0.0050% | 1h | $380K | $1.1M | 10x | as long as short |
| KuCoin CRCLUSDTM | −0.007% | +0.0150% | 8h | $3.0M | $1.1M | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.007% | +0.0483% | 1h | $1K | $799K | 10x | as long as short |
| Phemex CRCLUSDT | −0.007% | 0.0000% | 4h | $1.1M | $47K | 10x | as long as short |
| RISEx CRCL/USDClong | 0.000% | +0.0336% | 1h | $413K | $323K | 10x | |
| Orderly PERP_CRCL_USDC_mythos | +0.004% | +0.0100% | 8h | $953 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.025% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.063% | +0.0328% | 1h | $1K | $11K | 5x | as long as short |
| Phoenix CRCL | +0.122% | +0.0259% | 1h | $28K | $68K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.433% | +0.0440% | 1h | $5K | $105K | 30x | as long as short |