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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRCL | 94.636 | 0.0148 | pay 0.0148% / 8h | 33m 49s | $2.4M | $2.7M | — |
| Short | OKX CRCL-USDT-SWAP | 94.720 | 0.0209 | get 0.0209% / 8h | 33m 49s | $22.6M | $53.1M | 50x |
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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 2 min ago | 3.42 bp | doesn't fit | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.53 bp | 7.0 bp −$7 | 14.1 bp −$141 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CRCLUSDT | −0.027% | +0.0100% | 1h | $70K | $8K | 50x | as long as short |
| Variational Omni CRCLlong | 0.000% | +0.0148% | 8h | $2.4M | $2.7M | — | |
| Ondo Perps CRCL-USD.P | +0.004% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| edgeX CRCLUSDC | +0.019% | +0.0953% | 4h | $21K | $262K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.025% | +0.0046% | 1h | — | $41K | 25x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.046% | 0.0000% | 1h | $4K | $801K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.048% | +0.0050% | 1h | $71.8M | $39.5M | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.060% | +0.0216% | 1h | $1.0M | $3.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.063% | +0.0050% | 1h | $48K | $3K | 10x | as long as short |
| Lighter RH CRCL | +0.067% | +0.0032% | 1h | $828K | $2.5M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CRCL-PERP | +0.067% | +0.0292% | 1h | $132K | $79K | 3x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.068% | +0.0100% | 8h | $944 | $3K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.068% | +0.0088% | 1h | $931K | $748K | 10x | as long as short |
| Binance CRCLUSDT | +0.072% | +0.0215% | 8h | $107.4M | $334.5M | 50x | as long as short |
| Phemex CRCLUSDT | +0.078% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Pacifica CRCL | +0.088% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| OKX CRCL-USDT-SWAPshort | +0.089% | +0.0209% | 8h | $22.6M | $53.1M | 50x | |
| Polymarket Perps CRCL-USD | +0.089% | +0.0050% | 1h | $357K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERP | +0.091% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.093% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| Aster CRCLUSDT | +0.094% | +0.0209% | 8h | $1.1M | $4.4M | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.095% | +0.0088% | 8h | $720 | $428 | 5x | as long as short |
| Bybit CRCLUSDT | +0.099% | +0.0151% | 8h | $16.0M | $22.0M | 50x | as long as short |
| QFEX CRCL-USD | +0.099% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| Gate CRCL_USDT | +0.099% | 0.0000% | 8h | $7.1M | $24.6M | 50x | as long as short |
| KuCoin CRCLUSDTM | +0.099% | +0.0218% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Bitget CRCLUSDT | +0.099% | +0.0268% | 8h | $16.4M | $32.0M | 25x | as long as short |
| Lighter CRCL | +0.117% | +0.0176% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Arcus CRCL-USD | +0.131% | +0.0063% | 1h | $110K | $252K | 10x | as long as short |
| BloFin CRCL-USDT | +0.131% | +0.0337% | 8h | $1.1M | $511K | 20x | as long as short |
| Aftermath Perps CRCLUSD | +0.157% | +0.0305% | 1h | $2K | $12K | 5x | as long as short |
| RISEx CRCL/USDC | +0.167% | +0.0101% | 1h | $406K | $334K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.945% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |
Variational Omni CRCL
OKX CRCL-USDT-SWAP
ApeX Omni
Deribit
tradeXYZ
Extended
SoDEX
Lighter RH
Coinbase International
Binance
Phemex
Pacifica
Polymarket Perps
Phoenix
Aster
Paradex
Bybit
Gate
KuCoin
Bitget
Lighter
BloFin
RISEx
Injective