Settings8H · net · $10k
Funding arb · Price arb /

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.012%
Price spread now: Aevo against Vest+0.112%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.112% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CRCL-USD-PERP94.2700.0046pay 0.0006% / 1h22m 15s$37K25x
ShortAevo CRCL-PERP94.3750.0104get 0.0013% / 1h22m 15s$410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.25
Price spread: +0.112% → 0.000%
$11.15
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aevo: 8 bp × 2 orders
−$16
Net
$5.4
Costs to cover
0.180%
Break-even
3.9 days
Slippage unknown: Vest: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Aevo no order-book sample
Vest and Aevo: 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 on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CRCL-PERP-INTX−0.0064%1h94.210−0.064%$942K$622K10xas long as short
Bybit CRCLUSDT0.0000%8h94.360+0.095%$15.5M$25.6M50xas long as short
Gate CRCL_USDT0.0000%8h94.380+0.117%$7.2M$27.0M50xas long as short
GRVT CRCL_USDT_Perp0.0000%8h94.506+0.250%$67K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h94.390+0.127%$1.0M$49K10xas long as short
Bitget CRCLUSDT+0.0026%8h94.390+0.127%$17.0M$34.6M25xas long as short
Lighter RH CRCL+0.0032%1h94.366+0.102%$888K$2.8M10xas long as short
Aftermath Perps CRCLUSD+0.0041%1h94.348+0.083%$2K$22K5xas long as short
QFEX CRCL-USD+0.0042%1h94.390+0.127%$1.4M$2.6M10xas long as short
Vest CRCL-USD-PERPlong+0.0046%1h94.270long leg$37K25x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CRCL+0.0050%1h94.311+0.043%$71.7M$42.0M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h94.340+0.074%$365K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h94.357+0.092%$47K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h94.380+0.117%$1.0M$5.7M10xas long as short
Pacifica CRCL+0.0100%1h94.391+0.129%$76K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.410+0.149%$3.0M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h94.410+0.149%$69K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.370+0.106%$941$3K10xas long as short
Paradex CRCL-USD-PERP+0.0103%8h94.401+0.139%$774$7405xas long as short
Aevo CRCL-PERPshort+0.0104%1h94.375+0.112%$410x
Variational Omni CRCL+0.0117%8h94.489+0.233%$2.5M$3.1Mas long as short
OKX CRCL-USDT-SWAP+0.0146%8h94.400+0.138%$22.8M$59.4M50xas long as short
Extended CRCL_24_5-USD+0.0184%1h94.359+0.094%$1.1M$5.7M10xas long as short
Binance CRCLUSDT+0.0185%8h94.370+0.106%$109.4M$386.0M50xas long as short
Aster CRCLUSDT+0.0190%8h94.414+0.153%$1.1M$4.9M20xas long as short
Nado CRCL-PERP+0.0226%1h94.311+0.044%$132K$76K3xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0280%1h94.360+0.095%$4K$769K10xas long as short
Lighter CRCL+0.0288%1h94.373+0.109%$3.0M$2.2M10xas long as short
edgeX CRCLUSDC+0.0294%4h94.484+0.227%$24K$268K10xas long as short
Phoenix CRCL+0.0296%1h94.424+0.163%$28K$92K10xas long as short
BloFin CRCL-USDT+0.0305%8h94.460+0.202%$1.1M$561K20xas long as short
Injective CRCL/USDC PERP+0.0440%1h94.890+0.658%$5K$19K30xas long as short
Arcus CRCL-USD+0.0521%1h94.420+0.159%$96K$271K10xas long as short
RISEx CRCL/USDC+0.0677%1h94.368+0.104%$430K$299K10xas long as short