Spread before costs (cost unknown: a leg has no order-book sample)+0.126%
7d average—if it closes, per $10,000$13funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRCL | 94.085 | 0.0050 | pay 0.0006% / 1h | 22m 12s | $70.9M | $40.0M | 10x |
| Short | Pacifica CRCL | 94.204 | 0.0100 | get 0.0013% / 1h | 22m 12s | $89K | $90K | 10x |
tradeXYZ xyz:CRCL
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
- $12.65
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$11.85
- Spread needed to break even
- 0.260%
Slippage unknown: tradeXYZ: live order book, 9 min ago; Pacifica: 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 tradeXYZ live order book, 9 min ago | 1.16 bp | 10.2 bp −$10 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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.tradeXYZ94.085cheapest
Vest94.090+0.005%SoDEX94.106+0.022%Lighter RH94.107+0.023%Bitget94.120+0.037%Coinbase International94.130+0.048%Phemex94.140+0.058%Binance94.140+0.059%OKX94.150+0.069%Gate94.150+0.069%Deribit94.150+0.069%Extended94.154+0.073%Lighter94.165+0.085%Bybit94.170+0.090%KuCoin94.170+0.090%Phoenix94.175+0.096%Aevo94.177+0.098%Orderly94.180+0.101%Aster94.189+0.110%Ondo Perps94.190+0.112%Nado94.201+0.123%
Vest
SoDEX
Lighter RH
Bitget
Coinbase International
Phemex
Binance
OKX
Gate
Deribit
Extended
Lighter
Bybit
KuCoin
Phoenix
Aevo
Orderly
Aster
Ondo Perps
NadoPacifica94.204+0.126%
Polymarket Perps94.209+0.132%Arcus94.220+0.143%QFEX94.220+0.143%Paradex94.235+0.160%RISEx94.250+0.175%BloFin94.300+0.229%Variational Omni94.307+0.236%Aftermath Perps94.356+0.288%ApeX Omni94.370+0.303%edgeX94.473+0.412%Injective94.910+0.877%
Polymarket Perps
Arcus
QFEX
Paradex
RISEx
BloFin
Variational Omni
ApeX Omni
InjectiveCRCL 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% | +0.0050% | 1h | $70.9M | $40.0M | 10x | |
| Vest CRCL-USD-PERP | +0.005% | +0.0046% | 1h | — | $42K | 25x | as long as short |
| SoDEX CRCL-USD | +0.022% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Lighter RH CRCL | +0.023% | +0.0032% | 1h | $798K | $2.7M | 10x | as long as short |
| Bitget CRCLUSDT | +0.037% | +0.0259% | 8h | $16.3M | $32.2M | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.048% | +0.0088% | 1h | $936K | $796K | 10x | as long as short |
| Phemex CRCLUSDT | +0.058% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Binance CRCLUSDT | +0.059% | +0.0190% | 8h | $106.3M | $339.3M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.069% | +0.0189% | 8h | $22.4M | $53.5M | 50x | as long as short |
| Gate CRCL_USDT | +0.069% | 0.0000% | 8h | $7.0M | $24.9M | 50x | as long as short |