Spread before costs (cost unknown: a leg has no order-book sample)+0.248%
7d average—if it closes, per $10,000$25funding while held, a day−$0.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CRCL-USD | 95.004 | 0.0050 | pay 0.0006% / 1h | 19m 49s | $48K | $3K | 10x |
| Short | Vest CRCL-USD-PERP | 95.240 | 0.0046 | get 0.0006% / 1h | 19m 49s | — | $35K | 25x |
SoDEX CRCL-USD
Vest CRCL-USD-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
- $24.84
- Funding while held
- −$0.13
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $14.71
- Spread needed to break even
- 0.100%
Slippage unknown: SoDEX: no order-book sample; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.13
- 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 Vest no order-book sample | — | — | — | — | — |
SoDEX and Vest: 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.SoDEX95.004cheapest
Deribit95.020+0.017%Extended95.045+0.043%Aster95.048+0.046%tradeXYZ95.092+0.093%Orderly95.100+0.101%Binance95.110+0.111%Gate95.110+0.112%Phemex95.110+0.112%Bybit95.120+0.122%OKX95.150+0.154%KuCoin95.150+0.154%Bitget95.160+0.164%Aevo95.164+0.168%Lighter RH95.165+0.169%Lighter95.183+0.188%
Deribit
Extended
Aster
tradeXYZ
Orderly
Binance
Gate
Phemex
Bybit
OKX
KuCoin
Bitget
Aevo
Lighter RH
LighterVest95.240+0.248%
Ondo Perps95.290+0.301%Arcus95.300+0.312%Polymarket Perps95.300+0.312%Coinbase International95.300+0.312%Nado95.305+0.317%Paradex95.316+0.329%QFEX95.320+0.333%RISEx95.350+0.364%Pacifica95.364+0.379%Aftermath Perps95.510+0.533%Variational Omni95.514+0.536%edgeX95.544+0.568%BloFin95.550+0.575%ApeX Omni95.560+0.585%Phoenix95.693+0.725%Injective95.990+1.038%
Ondo Perps
Arcus
Polymarket Perps
Coinbase International
Nado
Paradex
QFEX
RISEx
Pacifica
Variational Omni
BloFin
ApeX Omni
Phoenix
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CRCL-USDlong | 0.000% | +0.0050% | 1h | $48K | $3K | 10x | |
| Deribit CRCL_USDC-PERPETUAL | +0.017% | +0.0171% | 1h | $1K | $799K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.043% | +0.0248% | 1h | $1.0M | $3.1M | 10x | as long as short |
| Aster CRCLUSDT | +0.046% | +0.0245% | 8h | $1.3M | $4.1M | 20x | as long as short |
| tradeXYZ xyz:CRCL | +0.093% | +0.0181% | 1h | $75.1M | $36.1M | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.101% | +0.0100% | 8h | $948 | $3K | 10x | as long as short |
| Binance CRCLUSDT | +0.111% | +0.0244% | 8h | $107.6M | $312.7M | 50x | as long as short |
| Gate CRCL_USDT | +0.112% | 0.0000% | 8h | $7.1M | $23.5M | 50x | as long as short |
| Phemex CRCLUSDT | +0.112% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Bybit CRCLUSDT | +0.122% | +0.0153% | 8h | $15.9M | $21.4M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CRCL-USDT-SWAP | +0.154% | +0.0221% | 8h | $22.6M | $50.8M | 50x | as long as short |
| KuCoin CRCLUSDTM | +0.154% | +0.0151% | 8h | $2.9M | $1.1M | 20x | as long as short |
| Bitget CRCLUSDT | +0.164% | +0.0239% | 8h | $16.5M | $30.8M | 25x | as long as short |
| Aevo CRCL-PERP | +0.168% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Lighter RH CRCL | +0.169% | +0.0032% | 1h | $867K | $2.4M | 10x | as long as short |
| Lighter CRCL | +0.188% | +0.0152% | 1h | $2.9M | $1.9M | 10x | as long as short |
| Vest CRCL-USD-PERPshort | +0.248% | +0.0046% | 1h | — | $35K | 25x | |
| Ondo Perps CRCL-USD.P | +0.301% | +0.0050% | 1h | $1.1M | $5.6M | 10x | as long as short |
| Arcus CRCL-USD | +0.312% | +0.0040% | 1h | $122K | $223K | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.312% | +0.0050% | 1h | $379K | $1.1M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.312% | +0.0080% | 1h | $935K | $739K | 10x | as long as short |
| Nado CRCL-PERP | +0.317% | +0.0230% | 1h | $130K | $78K | 3x | as long as short |
| Paradex CRCL-USD-PERP | +0.329% | +0.0109% | 8h | $724 | $428 | 5x | as long as short |
| QFEX CRCL-USD | +0.333% | +0.0042% | 1h | $1.4M | $2.5M | 10x | as long as short |
| RISEx CRCL/USDC | +0.364% | +0.0336% | 1h | $412K | $323K | 10x | as long as short |
| Pacifica CRCL | +0.379% | +0.0100% | 1h | $89K | $89K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.533% | +0.0333% | 1h | $1K | $11K | 5x | as long as short |
| Variational Omni CRCL | +0.536% | +0.0161% | 8h | $2.4M | $2.7M | — | as long as short |
| edgeX CRCLUSDC | +0.568% | +0.0917% | 4h | $21K | $261K | 10x | as long as short |
| BloFin CRCL-USDT | +0.575% | +0.0363% | 8h | $1.1M | $499K | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.585% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Phoenix CRCL | +0.725% | +0.0259% | 1h | $28K | $68K | 10x | as long as short |
| Injective CRCL/USDC PERP | +1.038% | +0.0440% | 1h | $5K | $105K | 30x | as long as short |