Spread before costs (cost unknown: a leg has no order-book sample)−0.009%
7d average—if it closes, per $10,000$1funding while held, a day−$2.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx CRCL/USDC | 94.255 | 0.0124 | pay 0.0015% / 1h | 7m 42s | $407K | $324K | 10x |
| Short | SoDEX CRCL-USD | 94.247 | 0.0050 | get 0.0006% / 1h | 7m 42s | $47K | $3K | 10x |
RISEx CRCL/USDC
SoDEX CRCL-USDPrice 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
- −$0.89
- Funding while held
- −$2.21
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$17.1
- Spread needed to break even
- 0.140%
Slippage unknown: RISEx: live order book, 37 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0074%
- Per $10,000 a day
- −$2.21
- 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, 37 min ago | 2.12 bp | 5.1 bp −$5 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Nado94.217cheapesttradeXYZ94.222+0.005%Pacifica94.230+0.013%Gate94.230+0.013%Paradex94.236+0.020%Arcus94.240+0.024%QFEX94.240+0.024%Vest94.240+0.024%Binance94.242+0.026%
Nado
tradeXYZ
Pacifica
Gate
Paradex
Arcus
QFEX
Vest
BinanceSoDEX94.247+0.031%
KuCoin94.250+0.035%Extended94.250+0.035%Lighter RH94.254+0.039%
KuCoin
Extended
Lighter RHRISEx94.255+0.040%
Polymarket Perps94.257+0.042%Bybit94.260+0.045%OKX94.260+0.045%Bitget94.260+0.045%Aster94.268+0.053%Phemex94.270+0.056%Deribit94.290+0.077%Coinbase International94.290+0.077%Lighter94.295+0.082%Ondo Perps94.300+0.088%Aevo94.316+0.104%ApeX Omni94.320+0.109%Orderly94.320+0.109%Aftermath Perps94.335+0.125%Phoenix94.362+0.153%Variational Omni94.364+0.155%edgeX94.415+0.209%BloFin94.450+0.247%Injective94.860+0.682%
Polymarket Perps
Bybit
OKX
Bitget
Aster
Phemex
Deribit
Coinbase International
Lighter
Ondo Perps
Aevo
ApeX Omni
Orderly
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 | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.040% | +0.0333% | 1h | $131K | $68K | 3x | as long as short |
| tradeXYZ xyz:CRCL | −0.035% | +0.0117% | 1h | $71.2M | $40.3M | 10x | as long as short |
| Pacifica CRCL | −0.027% | +0.0100% | 1h | $76K | $96K | 10x | as long as short |
| Gate CRCL_USDT | −0.027% | 0.0000% | 8h | $7.1M | $25.8M | 50x | as long as short |
| Paradex CRCL-USD-PERP | −0.020% | +0.0088% | 8h | $716 | $428 | 5x | as long as short |
| Arcus CRCL-USD | −0.016% | +0.0427% | 1h | $105K | $251K | 10x | as long as short |
| QFEX CRCL-USD | −0.016% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Vest CRCL-USD-PERP | −0.016% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| Binance CRCLUSDT | −0.014% | +0.0163% | 8h | $106.7M | $356.0M | 50x | as long as short |
| SoDEX CRCL-USDshort | −0.009% | +0.0050% | 1h | $47K | $3K | 10x |