CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.047%

Price spread now: Arcus against Aevo+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Arcus

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Arcus is 0.040% dearer against Aevo than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CRCL-PERP	92.663	0.0104	pay 0.0013% / 1h	1m 16s	$4	—	10x
Short	Arcus CRCL-USD	92.700	0.0040	get 0.0005% / 1h	1m 16s	$97K	$270K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee ArcusbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$13.38
Price spread: +0.040% → 0.000%: $3.99
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$29.89
Costs to cover: 0.205%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 32 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Arcus live order book, 32 min ago	2.20 bp	5.5 bp −$5	5.5 bp −$55	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRCL-USD-PERP	−0.0074%	1h	92.540	−0.133%	—	$31K	25x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.680	+0.018%	$17.9M	$35.1M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.620	−0.046%	$1.0M	$46K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.769	+0.114%	$995K	$2.5M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	92.580	−0.090%	$891K	$682K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	92.692	+0.032%	$2K	$29K	5x	as long as short
Arcus CRCL-USDshort	+0.0040%	1h	92.700	+0.040%	$97K	$270K	10x
tradeXYZ xyz:CRCL	+0.0050%	1h	92.685	+0.024%	$68.0M	$42.7M	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.620	−0.046%	$1.1M	$4.3M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	92.650	−0.014%	$1.4M	$1.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CRCL_USDT	+0.0075%	8h	92.780	+0.126%	$7.3M	$28.1M	50x	as long as short
Polymarket Perps CRCL-USD	+0.0090%	1h	92.739	+0.082%	$381K	$964K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	92.553	−0.118%	$136K	$140K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.730	+0.072%	$2.7M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.710	+0.051%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.660	−0.003%	$924	$1K	10x	as long as short
Aevo CRCL-PERPlong	+0.0104%	1h	92.663	long leg	$4	—	10x
Paradex CRCL-USD-PERP	+0.0169%	8h	92.704	+0.044%	$426	$766	5x	as long as short
Bybit CRCLUSDT	+0.0193%	8h	92.670	+0.008%	$15.1M	$26.2M	50x	as long as short
Lighter CRCL	+0.0208%	1h	92.754	+0.098%	$3.0M	$2.2M	10x	as long as short
Variational Omni CRCL	+0.0254%	8h	92.860	+0.212%	$2.4M	$3.2M	—	as long as short
Phoenix CRCL	+0.0254%	1h	92.745	+0.088%	$27K	$66K	10x	as long as short
Aster CRCLUSDT	+0.0310%	8h	92.700	+0.040%	$1.1M	$5.0M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0313%	8h	92.680	+0.018%	$22.6M	$59.6M	50x	as long as short
Extended CRCL_24_5-USD	+0.0320%	1h	92.634	−0.032%	$1.1M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0323%	8h	92.670	+0.008%	$106.8M	$377.9M	50x	as long as short
Nado CRCL-PERP	+0.0363%	1h	92.650	−0.014%	$149K	$111K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	93.200	+0.580%	$39K	$172K	30x	as long as short
BloFin CRCL-USDT	+0.0441%	8h	92.760	+0.105%	$1.1M	$1.7M	20x	as long as short
RISEx CRCL/USDC	+0.0501%	1h	92.770	+0.115%	$415K	$255K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0506%	1h	92.610	−0.057%	$5K	$628K	10x	as long as short
SoDEX CRCL-USD	+0.0683%	1h	92.620	−0.046%	$46K	$3K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0771%	8h	92.761	+0.106%	$70K	$1.1M	10x	as long as short
edgeX CRCLUSDC	+0.0825%	4h	92.817	+0.166%	$53K	$269K	10x	as long as short