After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.033%7d average+0.006%fees + slippage, in and out−$31spread needed0.311%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRCL | 94.118 | 0.0050 | pay 0.0006% / 1h | 19m 32s | $70.9M | $40.0M | 10x |
| Short | Extended CRCL_24_5-USD | 94.149 | 0.0184 | get 0.0023% / 1h | 19m 32s | $1.0M | $3.1M | 10x |
tradeXYZ xyz:CRCL
Extended CRCL_24_5-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
- $3.3
- Funding while held
- $4.02
- Slippage, 4 orders
- −$8.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$23.79
- Spread needed to break even
- 0.311%
Slippage from tradeXYZ: live order book, 11 min ago; Extended: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0134%
- Per $10,000 a day
- +$4.02
- 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 tradeXYZ live order book, 11 min ago | 1.16 bp | 10.2 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 0.21 bp | 5.2 bp −$5 | 30.1 bp −$301 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Vest93.910cheapestPolymarket Perps93.963+0.056%Coinbase International94.000+0.096%Orderly94.020+0.117%SoDEX94.021+0.118%Nado94.025+0.123%ApeX Omni94.030+0.128%Deribit94.030+0.128%BloFin94.040+0.138%Aevo94.046+0.145%edgeX94.059+0.158%Variational Omni94.072+0.173%Pacifica94.112+0.215%Binance94.114+0.217%
Vest
Polymarket Perps
Coinbase International
Orderly
SoDEX
Nado
ApeX Omni
Deribit
BloFin
Aevo
Variational Omni
Pacifica
BinancetradeXYZ94.118+0.221%
Aster94.119+0.222%Bybit94.120+0.224%QFEX94.120+0.224%Phemex94.120+0.224%Arcus94.130+0.234%
Aster
Bybit
QFEX
Phemex
ArcusExtended94.149+0.255%
Ondo Perps94.150+0.256%Lighter RH94.157+0.263%OKX94.160+0.266%RISEx94.160+0.266%Gate94.160+0.266%Paradex94.163+0.269%Phoenix94.175+0.282%KuCoin94.210+0.319%Bitget94.210+0.319%Lighter94.218+0.328%Aftermath Perps94.236+0.348%Injective94.910+1.065%
Ondo Perps
Lighter RH
OKX
RISEx
Gate
Paradex
Phoenix
KuCoin
Bitget
Lighter
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.221% | +0.0046% | 1h | — | $42K | 25x | as long as short |
| Polymarket Perps CRCL-USD | −0.165% | +0.0050% | 1h | $354K | $1.1M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.125% | +0.0088% | 1h | $934K | $795K | 10x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | −0.104% | +0.0100% | 8h | $937 | $3K | 10x | as long as short |
| SoDEX CRCL-USD | −0.103% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Nado CRCL-PERP | −0.099% | +0.0266% | 1h | $131K | $80K | 3x | as long as short |
| ApeX Omni CRCLUSDT | −0.093% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | −0.093% | 0.0000% | 1h | $4K | $801K | 10x | as long as short |
| BloFin CRCL-USDT | −0.083% | +0.0306% | 8h | $1.1M | $543K | 20x | as long as short |
| Aevo CRCL-PERP | −0.077% | +0.0104% | 1h | $4 | — | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX CRCLUSDC | −0.063% | +0.0888% | 4h | $21K | $262K | 10x | as long as short |
| Variational Omni CRCL | −0.049% | +0.0114% | 8h | $2.3M | $2.7M | — | as long as short |
| Pacifica CRCL | −0.006% | +0.0100% | 1h | $75K | $103K | 10x | as long as short |
| Binance CRCLUSDT | −0.004% | +0.0182% | 8h | $106.3M | $340.3M | 50x | as long as short |
| tradeXYZ xyz:CRCLlong | 0.000% | +0.0050% | 1h | $70.9M | $40.0M | 10x | |
| Aster CRCLUSDT | +0.001% | +0.0172% | 8h | $1.1M | $4.5M | 20x | as long as short |
| Bybit CRCLUSDT | +0.002% | +0.0129% | 8h | $15.7M | $22.4M | 50x | as long as short |
| QFEX CRCL-USD | +0.002% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Phemex CRCLUSDT | +0.002% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Arcus CRCL-USD | +0.013% | +0.0063% | 1h | $106K | $249K | 10x | as long as short |
| Extended CRCL_24_5-USDshort | +0.033% | +0.0184% | 1h | $1.0M | $3.1M | 10x | |
| Ondo Perps CRCL-USD.P | +0.034% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Lighter RH CRCL | +0.041% | +0.0032% | 1h | $800K | $2.7M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.045% | +0.0186% | 8h | $22.4M | $53.6M | 50x | as long as short |
| RISEx CRCL/USDC | +0.045% | +0.0101% | 1h | $403K | $342K | 10x | as long as short |
| Gate CRCL_USDT | +0.045% | 0.0000% | 8h | $7.0M | $24.9M | 50x | as long as short |
| Paradex CRCL-USD-PERP | +0.048% | +0.0078% | 8h | $716 | $428 | 5x | as long as short |
| Phoenix CRCL | +0.061% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.098% | +0.0211% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Bitget CRCLUSDT | +0.098% | +0.0258% | 8h | $16.3M | $32.1M | 25x | as long as short |
| Lighter CRCL | +0.106% | +0.0136% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.126% | +0.0287% | 1h | $2K | $12K | 5x | as long as short |
| Injective CRCL/USDC PERP | +0.841% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |