Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.006%
Price spread now: SoDEX against Aevo−0.021%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.021% 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 | 91.621 | 0.0104 | pay 0.0013% / 1h | 49m 14s | $4 | — | 10x |
| Short | SoDEX CRCL-USD | 91.602 | 0.0050 | get 0.0006% / 1h | 49m 14s | $46K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.021% → 0.000%
- −$2.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$37.41
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Aevo and SoDEX: 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 | −0.0749% | 8h | 91.670 | +0.053% | $16.7M | $36.1M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0068% | 1h | 91.370 | −0.274% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.630 | +0.010% | $14.7M | $26.7M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.630 | +0.010% | $7.4M | $27.0M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.669 | +0.052% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.630 | +0.010% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0025% | 8h | 91.676 | +0.060% | $1.0M | $5.1M | 20x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.633 | +0.013% | $975K | $2.9M | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.0032% | 1h | 91.605 | −0.018% | $1.1M | $5.6M | 10x | as long as short |
| Binance CRCLUSDT | +0.0035% | 8h | 91.620 | −0.001% | $104.4M | $393.6M | 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 | 91.600 | −0.023% | $93K | $291K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0042% | 1h | 91.612 | −0.009% | $2K | $26K | 5x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.620 | −0.001% | $384K | $1.2M | 10x | as long as short |
| SoDEX CRCL-USDshort | +0.0050% | 1h | 91.602 | −0.021% | $46K | $3K | 10x | |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.600 | −0.023% | $1.0M | $5.1M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0053% | 4h | 91.553 | −0.074% | $51K | $276K | 10x | as long as short |
| QFEX CRCL-USD | +0.0054% | 1h | 91.610 | −0.012% | $1.3M | $1.8M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0072% | 1h | 91.400 | −0.241% | $911K | $521K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0074% | 1h | 91.591 | −0.033% | $68.2M | $42.8M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0095% | 8h | 91.611 | −0.011% | $421 | $905 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.616 | −0.005% | $134K | $162K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.630 | +0.010% | $2.7M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.600 | −0.023% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.610 | −0.012% | $913 | $2K | 10x | as long as short |
| Aevo CRCL-PERPlong | +0.0104% | 1h | 91.621 | long leg | $4 | — | 10x | |
| GRVT CRCL_USDT_Perp | +0.0110% | 8h | 91.680 | +0.064% | $62K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0115% | 8h | 91.640 | +0.021% | $22.2M | $61.9M | 50x | as long as short |
| RISEx CRCL/USDC | +0.0117% | 1h | 91.640 | +0.021% | $417K | $299K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0138% | 8h | 91.620 | −0.001% | $1.1M | $1.6M | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0187% | 1h | 91.620 | −0.001% | $4K | $768K | 10x | as long as short |
| Phoenix CRCL | +0.0210% | 1h | 91.658 | +0.040% | $27K | $82K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 91.635 | +0.015% | $2.9M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0361% | 1h | 91.575 | −0.051% | $133K | $108K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.050 | +0.468% | $5K | $19K | 30x | as long as short |
SoDEX 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
Polymarket Perps CRCL-USD
edgeX CRCLUSDC
Coinbase International CRCL-PERP-INTX
tradeXYZ xyz:CRCL
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
Deribit CRCL_USDC-PERPETUAL
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP