Spread before costs (cost unknown: a leg has no order-book sample)+0.247%
7d average+0.027%if it closes, per $10,000$25funding while held, a day−$0.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRCL | 94.307 | 0.0126 | pay 0.0126% / 8h | 25m 02s | $2.3M | $2.7M | — |
| Short | RISEx CRCL/USDC | 94.540 | 0.0101 | get 0.0013% / 1h | 25m 02s | $405K | $342K | 10x |
Variational Omni CRCL
RISEx CRCL/USDCPrice 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
- $24.71
- Funding while held
- −$0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $17.96
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; RISEx: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0025%
- Per $10,000 a day
- −$0.75
- 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, 1 min ago | 3.42 bp | doesn't fit | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 25 min ago | 3.16 bp | 6.2 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
CRCL price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International94.190cheapestApeX Omni94.230+0.042%Phoenix94.281+0.097%
Coinbase International
ApeX Omni
PhoenixVariational Omni94.307+0.124%
Vest94.330+0.149%Nado94.377+0.198%Phemex94.380+0.202%Aster94.380+0.202%Polymarket Perps94.381+0.203%tradeXYZ94.389+0.211%Arcus94.390+0.212%Deribit94.390+0.212%Extended94.392+0.215%BloFin94.400+0.223%SoDEX94.401+0.224%Lighter RH94.405+0.228%Binance94.410+0.234%Orderly94.410+0.234%OKX94.420+0.244%Aevo94.422+0.246%Ondo Perps94.430+0.255%Bitget94.430+0.255%Bybit94.440+0.265%Gate94.440+0.265%KuCoin94.460+0.287%Pacifica94.461+0.288%Aftermath Perps94.469+0.296%Lighter94.481+0.309%QFEX94.490+0.319%edgeX94.520+0.350%Paradex94.521+0.351%
Vest
Nado
Phemex
Aster
Polymarket Perps
tradeXYZ
Arcus
Deribit
Extended
BloFin
SoDEX
Lighter RH
Binance
Orderly
OKX
Aevo
Ondo Perps
Bitget
Bybit
Gate
KuCoin
Pacifica
Lighter
QFEX
ParadexRISEx94.540+0.372%
Injective94.910+0.764%
InjectiveCRCL on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.124% | +0.0088% | 1h | $926K | $754K | 10x | as long as short |
| ApeX Omni CRCLUSDT | −0.082% | +0.0100% | 1h | $69K | $8K | 50x | as long as short |
| Phoenix CRCL | −0.028% | +0.0294% | 1h | $28K | $92K | 10x | as long as short |
| Variational Omni CRCLlong | 0.000% | +0.0126% | 8h | $2.3M | $2.7M | — | |
| Vest CRCL-USD-PERP | +0.024% | +0.0046% | 1h | — | $42K | 25x | as long as short |
| Nado CRCL-PERP | +0.074% | +0.0271% | 1h | $132K | $79K | 3x | as long as short |
| Phemex CRCLUSDT | +0.077% | 0.0000% | 4h | $1.0M | $47K | 10x | as long as short |
| Aster CRCLUSDT | +0.078% | +0.0186% | 8h | $1.1M | $4.4M | 20x | as long as short |
| Polymarket Perps CRCL-USD | +0.078% | +0.0050% | 1h | $356K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.087% | +0.0050% | 1h | $71.2M | $40.0M | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus CRCL-USD | +0.088% | +0.0063% | 1h | $106K | $249K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.088% | +0.0068% | 1h | $4K | $801K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.090% | +0.0192% | 1h | $1.0M | $3.1M | 10x | as long as short |
| BloFin CRCL-USDT | +0.099% | +0.0316% | 8h | $1.1M | $544K | 20x | as long as short |
| SoDEX CRCL-USD | +0.100% | +0.0050% | 1h | $47K | $3K | 10x | as long as short |
| Lighter RH CRCL | +0.104% | +0.0032% | 1h | $801K | $2.7M | 10x | as long as short |
| Binance CRCLUSDT | +0.109% | +0.0196% | 8h | $106.9M | $337.8M | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.109% | +0.0100% | 8h | $941 | $3K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.120% | +0.0195% | 8h | $22.5M | $53.6M | 50x | as long as short |
| Aevo CRCL-PERP | +0.122% | +0.0104% | 1h | $4 | — | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.130% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| Bitget CRCLUSDT | +0.130% | +0.0263% | 8h | $16.3M | $32.1M | 25x | as long as short |
| Bybit CRCLUSDT | +0.141% | +0.0139% | 8h | $15.8M | $22.2M | 50x | as long as short |
| Gate CRCL_USDT | +0.141% | 0.0000% | 8h | $7.1M | $24.8M | 50x | as long as short |
| KuCoin CRCLUSDTM | +0.162% | +0.0214% | 8h | $2.9M | $1.3M | 20x | as long as short |
| Pacifica CRCL | +0.163% | +0.0100% | 1h | $89K | $90K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.171% | +0.0288% | 1h | $1K | $12K | 5x | as long as short |
| Lighter CRCL | +0.185% | +0.0136% | 1h | $2.9M | $2.0M | 10x | as long as short |
| QFEX CRCL-USD | +0.194% | +0.0046% | 1h | $1.4M | $2.6M | 10x | as long as short |
| edgeX CRCLUSDC | +0.226% | +0.0762% | 4h | $21K | $263K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.227% | +0.0082% | 8h | $718 | $428 | 5x | as long as short |
| RISEx CRCL/USDCshort | +0.247% | +0.0101% | 1h | $405K | $342K | 10x | |
| Injective CRCL/USDC PERP | +0.639% | +0.0440% | 1h | $5K | $76K | 30x | as long as short |