Spread before costs (cost unknown: a leg has no order-book sample)+0.046%
7d average—if it closes, per $10,000$5funding while held, a day+$2.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CRCL-USD-PERP | 94.200 | 0.0046 | pay 0.0006% / 1h | 44m 16s | — | $45K | 25x |
| Short | Aster CRCLUSDT | 94.244 | 0.0134 | get 0.0134% / 8h | 6h 44m | $1.1M | $4.6M | 20x |
Vest CRCL-USD-PERP
Aster CRCLUSDTPrice 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
- $4.64
- Funding while held
- $2.66
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$2.7
- Spread needed to break even
- 0.100%
Slippage unknown: Vest: no order-book sample; Aster: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0089%
- Per $10,000 a day
- +$2.66
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 1 min ago | 2.12 bp | 7.7 bp −$8 | 9.4 bp −$94 | doesn't fit | doesn't fit |
Vest: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International94.100cheapestOndo Perps94.180+0.085%edgeX94.189+0.094%
Coinbase International
Ondo PerpsVest94.200+0.106%
ApeX Omni94.220+0.128%Nado94.230+0.139%Pacifica94.240+0.149%
ApeX Omni
Nado
PacificaAster94.244+0.153%
Arcus94.270+0.181%QFEX94.270+0.181%Polymarket Perps94.278+0.189%Paradex94.278+0.189%tradeXYZ94.279+0.190%Binance94.280+0.191%Gate94.280+0.191%Extended94.290+0.202%OKX94.290+0.202%RISEx94.290+0.202%Deribit94.290+0.202%Phemex94.290+0.202%Variational Omni94.298+0.211%Aftermath Perps94.300+0.212%Aevo94.300+0.213%Bybit94.300+0.213%KuCoin94.300+0.213%Phoenix94.300+0.213%BloFin94.300+0.213%Lighter RH94.306+0.219%SoDEX94.306+0.219%Orderly94.310+0.223%Bitget94.320+0.234%Lighter94.337+0.252%Injective94.760+0.701%
Arcus
QFEX
Polymarket Perps
Paradex
tradeXYZ
Binance
Gate
Extended
OKX
RISEx
Deribit
Phemex
Variational Omni
Aevo
Bybit
KuCoin
Phoenix
BloFin
Lighter RH
SoDEX
Orderly
Bitget
Lighter
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 | −0.106% | +0.0096% | 1h | $936K | $788K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | −0.021% | +0.0050% | 1h | $1.1M | $5.7M | 10x | as long as short |
| edgeX CRCLUSDC | −0.012% | +0.0372% | 4h | $24K | $266K | 10x | as long as short |
| Vest CRCL-USD-PERPlong | 0.000% | +0.0046% | 1h | — | $45K | 25x | |
| ApeX Omni CRCLUSDT | +0.021% | +0.0100% | 1h | $69K | $6K | 50x | as long as short |
| Nado CRCL-PERP | +0.032% | +0.0338% | 1h | $132K | $66K | 3x | as long as short |
| Pacifica CRCL | +0.042% | +0.0100% | 1h | $76K | $96K | 10x | as long as short |
| Aster CRCLUSDTshort | +0.046% | +0.0134% | 8h | $1.1M | $4.6M | 20x | |
| Arcus CRCL-USD | +0.074% | +0.0586% | 1h | $104K | $251K | 10x | as long as short |
| QFEX CRCL-USD | +0.074% | +0.0067% | 1h | $1.4M | $2.6M | 10x | as long as short |