Funding you earn now, next payment 01:00 UTC+0.0573%/8h= +62.7% APRnext payment +$0.72 per $10,000 · paid last 24h +0.072%
Price spread now: RISEx against Aevo−0.351%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. RISEx is 0.351% cheaper against Aevo than usual: you would sell low and buy high (spread −0.351% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 2.0 days of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo CRCL-PERP | 94.557 | 0.0104 | pay 0.0013% / 1h | 50m 21s | $4 | — | 10x |
| Short | RISEx CRCL/USDC | 94.225 | 0.0677 | get 0.0085% / 1h | 50m 21s | $430K | $303K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $120.3
- Price spread: −0.351% → 0.000%
- −$35.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $63.18
- Costs to cover
- 0.220%
- Break-even
- 3.3 days
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 23 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 RISEx live order book, 23 min ago | 1.06 bp | 4.1 bp −$4 | 5.2 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.0067% | 1h | 94.110 | −0.473% | $71.6M | $42.3M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0064% | 1h | 94.200 | −0.378% | $942K | $725K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 94.160 | −0.420% | $15.5M | $25.9M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 94.260 | −0.314% | $7.2M | $26.9M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.250 | −0.325% | $1.0M | $52K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.229 | −0.347% | $890K | $2.8M | 10x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 94.200 | −0.378% | $1.4M | $2.7M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.100 | −0.483% | — | $45K | 25x | as long as short |
| Aftermath Perps CRCLUSD | +0.0048% | 1h | 94.315 | −0.256% | $2K | $21K | 5x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.159 | −0.421% | $365K | $1.1M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CRCL-USD | +0.0050% | 1h | 94.147 | −0.434% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.290 | −0.282% | $1.1M | $5.8M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.193 | −0.385% | $75K | $99K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.270 | −0.304% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.270 | −0.304% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.200 | −0.378% | $939 | $3K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0104% | 8h | 94.348 | −0.221% | $70K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERPlong | +0.0104% | 1h | 94.557 | long leg | $4 | — | 10x | |
| Paradex CRCL-USD-PERP | +0.0112% | 8h | 94.212 | −0.365% | $773 | $740 | 5x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0157% | 8h | 94.160 | −0.420% | $22.8M | $60.3M | 50x | as long as short |
| Variational Omni CRCL | +0.0174% | 8h | 94.210 | −0.367% | $2.5M | $3.1M | — | as long as short |
| Nado CRCL-PERP | +0.0217% | 1h | 94.150 | −0.431% | $131K | $76K | 3x | as long as short |
| Bitget CRCLUSDT | +0.0219% | 8h | 94.220 | −0.356% | $16.9M | $35.1M | 25x | as long as short |
| Extended CRCL_24_5-USD | +0.0232% | 1h | 94.190 | −0.389% | $1.1M | $4.0M | 10x | as long as short |
| Binance CRCLUSDT | +0.0235% | 8h | 94.211 | −0.366% | $109.1M | $389.5M | 50x | as long as short |
| Aster CRCLUSDT | +0.0238% | 8h | 94.239 | −0.336% | $1.1M | $4.9M | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 94.366 | −0.202% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0304% | 1h | 94.247 | −0.328% | $3.0M | $2.2M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0358% | 8h | 94.240 | −0.335% | $1.1M | $559K | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0388% | 1h | 94.170 | −0.409% | $4K | $772K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.690 | +0.141% | $5K | $19K | 30x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.290 | −0.282% | $96K | $276K | 10x | as long as short |
| RISEx CRCL/USDCshort | +0.0677% | 1h | 94.225 | −0.351% | $430K | $303K | 10x | |
| edgeX CRCLUSDC | +0.0861% | 4h | 94.390 | −0.177% | $24K | $268K | 10x | as long as short |
RISEx CRCL/USDC
tradeXYZ xyz:CRCL
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
GRVT CRCL_USDT_Perp
Paradex CRCL-USD-PERP
OKX CRCL-USDT-SWAP
Variational Omni CRCL
Bitget CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Aster CRCLUSDT
Phoenix CRCL
Lighter CRCL
BloFin CRCL-USDT
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
edgeX CRCLUSDC