data as of
Settings8H · net · $10k
Price arb /

CRCL

RWAall CRCL markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.089%
7d average+0.012%if it closes, per $10,000$9funding while held, a day+$1.81
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CRCL94.6360.0148pay 0.0148% / 8h33m 49s$2.4M$2.7M
ShortOKX CRCL-USDT-SWAP94.7200.0209get 0.0209% / 8h33m 49s$22.6M$53.1M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$8.88
Funding while held
$1.81
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$0.69
Spread needed to break even
0.100%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: live order book, 1 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0060%
Per $10,000 a day
+$1.81
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago3.42 bpdoesn't fit16.0 bp −$160doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.53 bp7.0 bp −$714.1 bp −$141doesn't fitdoesn't fit

CRCL price on every exchange

against the cheapest. Click to use as the short leg.

CRCL on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni CRCLUSDT−0.027%+0.0100%1h$70K$8K50xas long as short
Variational Omni CRCLlong0.000%+0.0148%8h$2.4M$2.7M
Ondo Perps CRCL-USD.P+0.004%+0.0050%1h$1.1M$5.7M10xas long as short
edgeX CRCLUSDC+0.019%+0.0953%4h$21K$262K10xas long as short
Vest CRCL-USD-PERP+0.025%+0.0046%1h$41K25xas long as short
Deribit CRCL_USDC-PERPETUAL+0.046%0.0000%1h$4K$801K10xas long as short
tradeXYZ xyz:CRCL+0.048%+0.0050%1h$71.8M$39.5M10xas long as short
Extended CRCL_24_5-USD+0.060%+0.0216%1h$1.0M$3.1M10xas long as short
SoDEX CRCL-USD+0.063%+0.0050%1h$48K$3K10xas long as short
Lighter RH CRCL+0.067%+0.0032%1h$828K$2.5M10xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Nado CRCL-PERP+0.067%+0.0292%1h$132K$79K3xas long as short
Orderly PERP_CRCL_USDC_mythos+0.068%+0.0100%8h$944$3K10xas long as short
Coinbase International CRCL-PERP-INTX+0.068%+0.0088%1h$931K$748K10xas long as short
Binance CRCLUSDT+0.072%+0.0215%8h$107.4M$334.5M50xas long as short
Phemex CRCLUSDT+0.078%0.0000%4h$1.0M$47K10xas long as short
Pacifica CRCL+0.088%+0.0100%1h$89K$90K10xas long as short
OKX CRCL-USDT-SWAPshort+0.089%+0.0209%8h$22.6M$53.1M50x
Polymarket Perps CRCL-USD+0.089%+0.0050%1h$357K$1.1M10xas long as short
Aevo CRCL-PERP+0.091%+0.0104%1h$410xas long as short
Phoenix CRCL+0.093%+0.0294%1h$28K$92K10xas long as short
Aster CRCLUSDT+0.094%+0.0209%8h$1.1M$4.4M20xas long as short
Paradex CRCL-USD-PERP+0.095%+0.0088%8h$720$4285xas long as short
Bybit CRCLUSDT+0.099%+0.0151%8h$16.0M$22.0M50xas long as short
QFEX CRCL-USD+0.099%+0.0046%1h$1.4M$2.6M10xas long as short
Gate CRCL_USDT+0.099%0.0000%8h$7.1M$24.6M50xas long as short
KuCoin CRCLUSDTM+0.099%+0.0218%8h$2.9M$1.3M20xas long as short
Bitget CRCLUSDT+0.099%+0.0268%8h$16.4M$32.0M25xas long as short
Lighter CRCL+0.117%+0.0176%1h$2.9M$2.0M10xas long as short
Arcus CRCL-USD+0.131%+0.0063%1h$110K$252K10xas long as short
BloFin CRCL-USDT+0.131%+0.0337%8h$1.1M$511K20xas long as short
Aftermath Perps CRCLUSD+0.157%+0.0305%1h$2K$12K5xas long as short
RISEx CRCL/USDC+0.167%+0.0101%1h$406K$334K10xas long as short
Injective CRCL/USDC PERP+0.945%+0.0440%1h$5K$76K30xas long as short