CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%

Price spread now: Ondo Perps against Aevo−0.117%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.117% cheaper against Aevo than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CRCL-PERP	92.518	0.0104	pay 0.0013% / 1h	17m 33s	$4	—	10x
Short	Ondo Perps CRCL-USD.P	92.410	0.0050	get 0.0006% / 1h	17m 33s	$1.1M	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.117%Rate

Funding earned: −$11.26
Price spread: −0.117% → 0.000%: −$11.65
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$43.91
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Ondo 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aevo and Ondo 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 exchanges

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	−0.0021%	1h	92.270	−0.268%	—	$30K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.460	−0.062%	$15.0M	$25.2M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.480	−0.041%	$18.1M	$34.0M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.430	−0.095%	$1.0M	$45K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0008%	1h	92.390	−0.138%	$856K	$704K	10x	as long as short
edgeX CRCLUSDC	+0.0031%	4h	92.350	−0.181%	$53K	$269K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.456	−0.067%	$999K	$2.5M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0040%	1h	92.305	−0.230%	$2K	$29K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	92.470	−0.052%	$67.6M	$40.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.483	−0.038%	$380K	$852K	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CRCL-USD	+0.0050%	1h	92.466	−0.056%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.Pshort	+0.0050%	1h	92.410	−0.117%	$1.1M	$3.9M	10x
Gate CRCL_USDT	+0.0061%	8h	92.510	−0.008%	$7.3M	$25.8M	50x	as long as short
QFEX CRCL-USD	+0.0080%	1h	92.430	−0.095%	$1.3M	$1.6M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	92.460	−0.062%	$138K	$141K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.360	−0.171%	$2.6M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.270	−0.268%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.460	−0.062%	$922	$1K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0104%	8h	92.461	−0.061%	$425	$477	5x	as long as short
Aevo CRCL-PERPlong	+0.0104%	1h	92.518	long leg	$4	—	10x
Phoenix CRCL	+0.0199%	1h	92.188	−0.356%	$27K	$66K	10x	as long as short
Lighter CRCL	+0.0240%	1h	92.517	−0.001%	$3.0M	$2.1M	10x	as long as short
Variational Omni CRCL	+0.0258%	8h	92.386	−0.142%	$2.5M	$3.3M	—	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0291%	1h	92.470	−0.052%	$5K	$488K	10x	as long as short
Nado CRCL-PERP	+0.0314%	1h	92.403	−0.124%	$151K	$112K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0326%	8h	92.470	−0.052%	$22.8M	$57.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0344%	1h	92.432	−0.093%	$1.1M	$4.3M	10x	as long as short
Aster CRCLUSDT	+0.0344%	8h	92.475	−0.046%	$1.1M	$4.5M	20x	as long as short
Binance CRCLUSDT	+0.0350%	8h	92.450	−0.073%	$106.6M	$361.2M	50x	as long as short
Arcus CRCL-USD	+0.0368%	1h	92.440	−0.084%	$96K	$226K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.090	−0.462%	$38K	$172K	30x	as long as short
BloFin CRCL-USDT	+0.0464%	8h	92.370	−0.160%	$1.1M	$1.7M	20x	as long as short
RISEx CRCL/USDC	+0.0479%	1h	92.460	−0.062%	$410K	$243K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0682%	8h	92.400	−0.127%	$70K	$1.0M	10x	as long as short