CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.018%

Price spread now: QFEX against Aevo−0.011%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 QFEX

What this pair did over the last

the charts below follow

Funding, last 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CRCL-PERP	94.220	0.0104	pay 0.0013% / 1h	15m 09s	$4	—	10x
Short	QFEX CRCL-USD	94.210	0.0033	get 0.0004% / 1h	15m 09s	$1.4M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$14.9
Price spread: −0.011% → 0.000%: −$1.09
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$42
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; QFEX: 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 QFEX live order book, 2 min ago	1.59 bp	6.6 bp −$7	7.4 bp −$74	12.8 bp −$1,282	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
Gate CRCL_USDT	0.0000%	8h	94.240	+0.021%	$7.2M	$27.6M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.200	−0.022%	$1.0M	$52K	10x	as long as short
edgeX CRCLUSDC	+0.0003%	4h	94.285	+0.069%	$24K	$268K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.242	+0.023%	$888K	$2.9M	10x	as long as short
QFEX CRCL-USDshort	+0.0033%	1h	94.210	−0.011%	$1.4M	$2.7M	10x
Vest CRCL-USD-PERP	+0.0046%	1h	94.110	−0.117%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0048%	1h	94.206	−0.015%	$2K	$20K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.166	−0.058%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.205	−0.016%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.260	+0.042%	$1.1M	$5.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0080%	1h	94.100	−0.128%	$936K	$730K	10x	as long as short
Bybit CRCLUSDT	+0.0085%	8h	94.250	+0.032%	$15.5M	$25.8M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	94.210	−0.011%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.260	+0.042%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.220	0.000%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.220	0.000%	$939	$3K	10x	as long as short
Aevo CRCL-PERPlong	+0.0104%	1h	94.220	long leg	$4	—	10x
Variational Omni CRCL	+0.0138%	8h	94.263	+0.046%	$2.5M	$3.2M	—	as long as short
Paradex CRCL-USD-PERP	+0.0142%	8h	94.241	+0.022%	$773	$740	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0151%	8h	94.270	+0.053%	$63K	$1.2M	10x	as long as short
RISEx CRCL/USDC	+0.0159%	1h	94.220	0.000%	$430K	$310K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0175%	1h	94.193	−0.029%	$70.6M	$42.8M	10x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	94.199	−0.023%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0186%	8h	94.202	−0.020%	$108.3M	$388.4M	50x	as long as short
Aster CRCLUSDT	+0.0204%	8h	94.230	+0.010%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0206%	8h	94.210	−0.011%	$22.7M	$60.3M	50x	as long as short
Phoenix CRCL	+0.0212%	1h	94.272	+0.055%	$28K	$92K	10x	as long as short
Arcus CRCL-USD	+0.0214%	1h	94.220	0.000%	$96K	$275K	10x	as long as short
Nado CRCL-PERP	+0.0262%	1h	94.174	−0.049%	$126K	$73K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0281%	1h	94.210	−0.011%	$4K	$772K	10x	as long as short
Lighter CRCL	+0.0296%	1h	94.250	+0.032%	$3.0M	$2.3M	10x	as long as short
BloFin CRCL-USDT	+0.0306%	8h	94.170	−0.053%	$1.1M	$580K	20x	as long as short
Bitget CRCLUSDT	+0.0321%	8h	94.200	−0.022%	$16.7M	$35.1M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.760	+0.573%	$5K	$19K	30x	as long as short