Spread before costs (cost unknown: a leg has no order-book sample)+0.281%
7d average—if it closes, per $10,000$28funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CRCL-USD | 94.106 | 0.0050 | pay 0.0006% / 1h | 21m 48s | $47K | $3K | 10x |
| Short | ApeX Omni CRCLUSDT | 94.370 | 0.0100 | get 0.0013% / 1h | 21m 48s | $69K | $8K | 50x |
Price 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
- $28.05
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $11.55
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; ApeX Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
SoDEX and ApeX Omni: 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.CRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.105% | +0.0050% | 1h | $70.8M | $40.0M | 10x | as long as short |
| Lighter RH CRCL | −0.092% | +0.0032% | 1h | $797K | $2.7M | 10x | as long as short |
| Binance CRCLUSDT | −0.084% | +0.0190% | 8h | $106.2M | $339.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | −0.082% | +0.0192% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Lighter CRCL | −0.038% | +0.0136% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Bitget CRCLUSDT | −0.038% | +0.0259% | 8h | $16.3M | $32.2M | 25x | as long as short |
| Bybit CRCLUSDT | −0.028% | +0.0134% | 8h | $15.7M | $22.3M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | −0.017% | +0.0189% | 8h | $22.4M | $53.5M | 50x | as long as short |
| Gate CRCL_USDT | −0.017% | 0.0000% | 8h | $7.0M | $24.9M | 50x | as long as short |
| Vest CRCL-USD-PERP | −0.017% | +0.0046% | 1h | — | $42K | 25x | as long as short |
SoDEX CRCL-USD
ApeX Omni CRCLUSDT
tradeXYZ
Lighter RH
Binance
Extended
Lighter
Bitget
Bybit
OKX
Gate
KuCoin
Aster
Coinbase International
Phemex
Deribit
Phoenix
Pacifica
Polymarket Perps
Paradex
RISEx
BloFin
Variational Omni
Injective