Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average—if it closes, per $10,000$2funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CRCL-USD | 94.636 | 0.0050 | pay 0.0006% / 1h | 37m 23s | $48K | $3K | 10x |
| Short | Pacifica CRCL | 94.650 | 0.0100 | get 0.0013% / 1h | 37m 23s | $76K | $98K | 10x |
SoDEX CRCL-USD
Pacifica CRCLPrice 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
- $1.53
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$12.97
- Spread needed to break even
- 0.160%
Slippage unknown: SoDEX: no order-book sample; Pacifica: live order book, 38 min ago. 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 Pacifica live order book, 38 min ago | 13.30 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
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.Nado94.547cheapestVest94.560+0.014%Paradex94.628+0.086%Arcus94.630+0.088%QFEX94.630+0.088%Phemex94.630+0.088%
Nado
Vest
Paradex
Arcus
QFEX
PhemexSoDEX94.636+0.095%
Extended94.644+0.103%Deribit94.650+0.109%
Extended
DeribitPacifica94.650+0.110%
Lighter RH94.651+0.110%tradeXYZ94.657+0.117%Polymarket Perps94.658+0.118%Aevo94.670+0.130%Gate94.670+0.130%Bitget94.670+0.130%RISEx94.675+0.136%Aster94.677+0.138%ApeX Omni94.680+0.141%Aftermath Perps94.682+0.143%Orderly94.690+0.152%Lighter94.693+0.155%Binance94.701+0.163%Bybit94.710+0.173%OKX94.720+0.183%KuCoin94.720+0.183%Coinbase International94.730+0.194%Variational Omni94.734+0.198%BloFin94.740+0.205%edgeX94.750+0.215%Ondo Perps94.750+0.215%Phoenix94.817+0.286%Injective95.180+0.670%
Lighter RH
tradeXYZ
Polymarket Perps
Aevo
Gate
Bitget
RISEx
Aster
ApeX Omni
Orderly
Lighter
Binance
Bybit
OKX
KuCoin
Coinbase International
Variational Omni
BloFin
Ondo Perps
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | −0.094% | +0.0303% | 1h | $132K | $78K | 3x | as long as short |
| Vest CRCL-USD-PERP | −0.080% | +0.0039% | 1h | — | $45K | 25x | as long as short |
| Paradex CRCL-USD-PERP | −0.009% | +0.0087% | 8h | $719 | $428 | 5x | as long as short |
| Arcus CRCL-USD | −0.006% | +0.0427% | 1h | $106K | $250K | 10x | as long as short |
| QFEX CRCL-USD | −0.006% | +0.0049% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Phemex CRCLUSDT | −0.006% | 0.0000% | 4h | $1.0M | $45K | 10x | as long as short |
| SoDEX CRCL-USDlong | 0.000% | +0.0050% | 1h | $48K | $3K | 10x | |
| Extended CRCL_24_5-USD | +0.008% | +0.0168% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.015% | +0.0596% | 1h | $4K | $802K | 10x | as long as short |
| Pacifica CRCLshort | +0.015% | +0.0100% | 1h | $76K | $98K | 10x |