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

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0234%/8h= +25.7% APRnext payment +$0.29 per $10,000 · paid last 24h +0.006%
Price spread now: Polymarket Perps against Vest+0.329%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 4 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 +$7 a day on $10k at the current rate, and Polymarket Perps is 0.329% dearer against Vest than usual: you sell high and buy low: +$33 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-PERP90.910−0.0083get 0.0010% / 1h6m 55s$31K25x
ShortPolymarket Perps CRCL-USD91.2090.0152get 0.0019% / 1h6m 55s$377K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$49.21
Price spread: +0.329% → 0.000%
$32.89
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$72.1
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 1 min ago. 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 Polymarket Perps live order book, 1 min ago2.36 bp7.8 bp −$88.4 bp −$8411.3 bp −$1,131doesn'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 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
Bitget CRCLUSDT−0.0355%8h91.300+0.429%$17.3M$36.7M25xas long as short
Vest CRCL-USD-PERPlong−0.0083%1h90.910long leg$31K25x
Gate CRCL_USDT0.0000%8h91.280+0.407%$7.8M$28.0M50xas long as short
Phemex CRCLUSDT0.0000%4h91.250+0.374%$1.0M$48K10xas long as short
Lighter RH CRCL+0.0032%1h91.234+0.356%$983K$2.6M10xas long as short
Aftermath Perps CRCLUSD+0.0037%1h91.170+0.286%$2K$29K5xas long as short
Arcus CRCL-USD+0.0040%1h91.180+0.297%$95K$296K10xas long as short
SoDEX CRCL-USD+0.0050%1h91.204+0.323%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.150+0.264%$1.1M$4.8M10xas long as short
Bybit CRCLUSDT+0.0061%8h91.260+0.385%$14.8M$26.5M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRCL-USD+0.0071%1h91.170+0.286%$1.3M$1.7M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0088%1h91.070+0.176%$871K$500K10xas long as short
tradeXYZ xyz:CRCL+0.0089%1h91.171+0.287%$67.2M$44.3M10xas long as short
Pacifica CRCL+0.0100%1h91.150+0.264%$134K$158K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.250+0.374%$2.7M$1.7M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.120+0.231%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.210+0.330%$909$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.228+0.350%$410xas long as short
Variational Omni CRCL+0.0128%8h91.194+0.312%$2.4M$3.3Mas long as short
Polymarket Perps CRCL-USDshort+0.0152%1h91.209+0.329%$377K$1.3M10x
Paradex CRCL-USD-PERP+0.0157%8h91.178+0.294%$419$9055xas long as short
Aster CRCLUSDT+0.0195%8h91.253+0.378%$1.0M$5.0M20xas long as short
Extended CRCL_24_5-USD+0.0208%1h91.205+0.325%$1.0M$5.0M10xas long as short
Binance CRCLUSDT+0.0211%8h91.233+0.356%$104.8M$389.3M50xas long as short
Phoenix CRCL+0.0227%1h91.187+0.305%$27K$74K10xas long as short
Lighter CRCL+0.0248%1h91.231+0.353%$2.9M$2.4M10xas long as short
GRVT CRCL_USDT_Perp+0.0250%8h91.217+0.338%$70K$1.1M10xas long as short
OKX CRCL-USDT-SWAP+0.0285%8h91.260+0.385%$22.3M$61.7M50xas long as short
BloFin CRCL-USDT+0.0331%8h91.250+0.374%$1.1M$1.7M20xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0408%1h91.190+0.308%$5K$769K10xas long as short
Nado CRCL-PERP+0.0433%1h91.131+0.243%$133K$109K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h91.740+0.913%$5K$19K30xas long as short
RISEx CRCL/USDC+0.0466%1h91.224+0.346%$412K$268K10xas long as short
edgeX CRCLUSDC+0.0810%4h91.207+0.327%$52K$269K10xas long as short