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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.021%
Price spread now: Aftermath Perps against Vest−0.001%7-day average · you buy dearer than you sell
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CRCL-USD-PERP94.7100.0046pay 0.0006% / 1h36m 04s$45K25x
ShortAftermath Perps CRCLUSD94.7090.0051get 0.0006% / 1h36m 04s$2K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
$1.16
Price spread: −0.001% → 0.000%
−$0.14
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$9.98
Costs to cover
0.110%
Break-even
67.2 days
Slippage unknown: Vest: no order-book sample; Aftermath Perps: 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 Aftermath Perps no order-book sample
Vest and Aftermath Perps: 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
Gate CRCL_USDT0.0000%8h94.760+0.053%$7.2M$27.6M50xas long as short
Phemex CRCLUSDT0.0000%4h94.7100.000%$1.0M$52K10xas long as short
QFEX CRCL-USD+0.0022%1h94.7100.000%$1.4M$2.7M10xas long as short
Lighter RH CRCL+0.0032%1h94.765+0.058%$894K$2.9M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0032%1h94.510−0.211%$940K$723K10xas long as short
Vest CRCL-USD-PERPlong+0.0046%1h94.710long leg$45K25x
Polymarket Perps CRCL-USD+0.0050%1h94.682−0.030%$367K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h94.7100.000%$48K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h94.600−0.116%$1.1M$5.9M10xas long as short
Aftermath Perps CRCLUSDshort+0.0051%1h94.709−0.001%$2K$21K5x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRCL+0.0100%1h94.700−0.011%$76K$99K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h94.7100.000%$3.0M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h94.610−0.106%$70K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h94.730+0.021%$944$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h94.745+0.037%$410xas long as short
Bybit CRCLUSDT+0.0105%8h94.740+0.032%$15.6M$25.9M50xas long as short
Paradex CRCL-USD-PERP+0.0129%8h94.718+0.009%$777$7405xas long as short
Variational Omni CRCL+0.0152%8h94.734+0.025%$2.5M$3.1Mas long as short
GRVT CRCL_USDT_Perp+0.0184%8h94.784+0.078%$61K$1.1M10xas long as short
OKX CRCL-USDT-SWAP+0.0203%8h94.780+0.074%$22.9M$60.7M50xas long as short
Binance CRCLUSDT+0.0205%8h94.752+0.045%$109.7M$389.8M50xas long as short
tradeXYZ xyz:CRCL+0.0207%1h94.685−0.026%$71.1M$42.9M10xas long as short
Extended CRCL_24_5-USD+0.0208%1h94.738+0.030%$1.1M$3.8M10xas long as short
Aster CRCLUSDT+0.0215%8h94.740+0.032%$1.1M$4.9M20xas long as short
Phoenix CRCL+0.0288%1h94.734+0.025%$28K$92K10xas long as short
Nado CRCL-PERP+0.0292%1h94.661−0.052%$127K$73K3xas long as short
Bitget CRCLUSDT+0.0311%8h94.770+0.063%$16.9M$35.4M25xas long as short
BloFin CRCL-USDT+0.0325%8h94.760+0.053%$1.1M$599K20xas long as short
Lighter CRCL+0.0400%1h94.780+0.074%$3.1M$2.2M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h95.560+0.897%$5K$19K30xas long as short
Arcus CRCL-USD+0.0533%1h94.7100.000%$97K$275K10xas long as short
RISEx CRCL/USDC+0.0534%1h94.740+0.032%$432K$312K10xas long as short
edgeX CRCLUSDC+0.0579%4h94.706−0.004%$24K$267K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0701%1h94.750+0.042%$4K$772K10xas long as short