Spread before costs (cost unknown: a leg has no order-book sample)+0.119%
7d average−0.078%if it closes, per $10,000$12funding while held, a day−$3.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRCL | 94.827 | 0.0178 | pay 0.0022% / 1h | 19m 05s | $74.9M | $36.1M | 10x |
| Short | Ondo Perps CRCL-USD.P | 94.940 | 0.0050 | get 0.0006% / 1h | 19m 05s | $1.1M | $5.6M | 10x |
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
- $11.92
- Funding while held
- −$3.84
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.92
- Spread needed to break even
- 0.230%
Slippage unknown: tradeXYZ: live order book, 11 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.84
- 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 | 0.68 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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:CRCLlong | 0.000% | +0.0178% | 1h | $74.9M | $36.1M | 10x | |
| Bitget CRCLUSDT | +0.003% | +0.0239% | 8h | $16.5M | $30.8M | 25x | as long as short |
| Gate CRCL_USDT | +0.014% | 0.0000% | 8h | $7.1M | $23.5M | 50x | as long as short |
| KuCoin CRCLUSDTM | +0.035% | +0.0155% | 8h | $2.9M | $1.2M | 20x | as long as short |
| SoDEX CRCL-USD | +0.051% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| BloFin CRCL-USDT | +0.056% | +0.0364% | 8h | $1.1M | $497K | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.066% | +0.0172% | 1h | $1K | $799K | 10x | as long as short |
| Lighter RH CRCL | +0.077% | +0.0032% | 1h | $868K | $2.4M | 10x | as long as short |
| Phemex CRCLUSDT | +0.077% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.088% | +0.0046% | 1h | — | $35K | 25x | as long as short |
tradeXYZ xyz:CRCL
Bitget
Gate
KuCoin
SoDEX
BloFin
Deribit
Lighter RH
Phemex
Extended
Coinbase International
Polymarket Perps
Binance
Lighter
Aster
Bybit
Pacifica
RISEx
OKX
Paradex
ApeX Omni
Variational Omni
Injective
Phoenix