Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Polymarket Perps against Aevo−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.022% cheaper against Aevo than usual: you would sell low and buy high (−$2 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 | 91.655 | 0.0104 | pay 0.0013% / 1h | 50m 59s | $4 | — | 10x |
| Short | Polymarket Perps CRCL-USD | 91.635 | 0.0050 | get 0.0006% / 1h | 50m 59s | $384K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.34
- Price spread: −0.022% → 0.000%
- −$2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$37.56
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 7.3 bp −$726 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDT | −0.0747% | 8h | 91.720 | +0.071% | $16.7M | $36.1M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0068% | 1h | 91.370 | −0.311% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.670 | +0.016% | $14.7M | $26.7M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.700 | +0.049% | $7.4M | $27.0M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.669 | +0.015% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.640 | −0.017% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0024% | 8h | 91.696 | +0.045% | $1.0M | $5.1M | 20x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.691 | +0.039% | $974K | $2.9M | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.0032% | 1h | 91.638 | −0.018% | $1.1M | $5.6M | 10x | as long as short |
| Binance CRCLUSDT | +0.0034% | 8h | 91.661 | +0.007% | $104.5M | $393.5M | 50x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus CRCL-USD | +0.0040% | 1h | 91.590 | −0.071% | $93K | $291K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0042% | 1h | 91.609 | −0.050% | $2K | $26K | 5x | as long as short |
| Polymarket Perps CRCL-USDshort | +0.0050% | 1h | 91.635 | −0.022% | $384K | $1.2M | 10x | |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.648 | −0.008% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.600 | −0.060% | $1.0M | $5.1M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0053% | 4h | 91.553 | −0.111% | $51K | $276K | 10x | as long as short |
| QFEX CRCL-USD | +0.0054% | 1h | 91.610 | −0.049% | $1.3M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0059% | 1h | 91.619 | −0.040% | $68.0M | $42.6M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0072% | 1h | 91.400 | −0.279% | $911K | $521K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0095% | 8h | 91.631 | −0.027% | $422 | $905 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.635 | −0.022% | $134K | $162K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.640 | −0.017% | $2.7M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.520 | −0.148% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.670 | +0.016% | $914 | $2K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0104% | 8h | 91.609 | −0.050% | $62K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERPlong | +0.0104% | 1h | 91.655 | long leg | $4 | — | 10x | |
| OKX CRCL-USDT-SWAP | +0.0114% | 8h | 91.690 | +0.038% | $22.3M | $61.9M | 50x | as long as short |
| RISEx CRCL/USDC | +0.0117% | 1h | 91.665 | +0.010% | $417K | $299K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0138% | 8h | 91.700 | +0.049% | $1.1M | $1.6M | 20x | as long as short |
| Phoenix CRCL | +0.0210% | 1h | 91.482 | −0.189% | $27K | $82K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0296% | 1h | 91.650 | −0.006% | $4K | $768K | 10x | as long as short |
| Lighter CRCL | +0.0376% | 1h | 91.678 | +0.025% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0382% | 1h | 91.605 | −0.055% | $133K | $108K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.050 | +0.431% | $5K | $19K | 30x | as long as short |
Polymarket Perps CRCL-USD
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Aster CRCLUSDT
Lighter RH CRCL
Extended CRCL_24_5-USD
Binance CRCLUSDT
Aftermath Perps CRCLUSD
SoDEX CRCL-USD
edgeX CRCLUSDC
tradeXYZ xyz:CRCL
Coinbase International CRCL-PERP-INTX
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
RISEx CRCL/USDC
BloFin CRCL-USDT
Phoenix CRCL
Deribit CRCL_USDC-PERPETUAL
Lighter CRCL
Injective CRCL/USDC PERP