Funding you earn now, next payment 03:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h −0.013%
Price spread now: Vest against Aevo−0.154%52s7-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
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.154% cheaper against Aevo than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo CRCL-PERP | 91.962 | 0.0104 | pay 0.0013% / 1h | 5m 28s | $4 | — | 10x |
| Short | Vest CRCL-USD-PERP | 91.820 | −0.0075 | pay 0.0009% / 1h | 5m 28s | — | $31K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$37.53
- Price spread: −0.154% → 0.000%
- −$15.43
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$70.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Vest: 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 Vest no order-book sample | — | — | — | — | — |
Aevo and Vest: 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 | −0.1037% | 8h | 92.050 | +0.096% | $16.1M | $34.6M | 25x | as long as short |
| Vest CRCL-USD-PERPshort | −0.0075% | 1h | 91.820 | −0.154% | — | $31K | 25x | |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 92.080 | +0.128% | $908K | $501K | 10x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 91.987 | +0.027% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 92.020 | +0.063% | $105.1M | $386.3M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.000 | +0.041% | $15.2M | $25.9M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 92.025 | +0.069% | $420K | $298K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.040 | +0.085% | $7.2M | $27.0M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.967 | +0.006% | $2.5M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 92.212 | +0.272% | $68K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRCL_USDC-PERPETUAL | 0.0000% | 1h | 91.980 | +0.020% | $4K | $767K | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.060 | +0.107% | $1.0M | $49K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0001% | 8h | 92.100 | +0.150% | $1.1M | $1.3M | 20x | as long as short |
| Aster CRCLUSDT | +0.0003% | 8h | 92.031 | +0.075% | $1.1M | $5.0M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0007% | 8h | 92.030 | +0.074% | $21.6M | $59.7M | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.0023% | 1h | 92.053 | +0.099% | $2K | $24K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 91.970 | +0.009% | $1.3M | $2.1M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.001 | +0.043% | $976K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 92.040 | +0.085% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.978 | +0.018% | $68.6M | $41.4M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.957 | −0.005% | $358K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.981 | +0.021% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.960 | −0.002% | $1.0M | $5.2M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0083% | 8h | 91.986 | +0.027% | $754 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.993 | +0.034% | $133K | $156K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.040 | +0.085% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.140 | +0.194% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.010 | +0.052% | $917 | $2K | 10x | as long as short |
| Aevo CRCL-PERPlong | +0.0104% | 1h | 91.962 | long leg | $4 | — | 10x | |
| Phoenix CRCL | +0.0183% | 1h | 92.176 | +0.233% | $27K | $84K | 10x | as long as short |
| Lighter CRCL | +0.0216% | 1h | 92.011 | +0.053% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0221% | 1h | 91.979 | +0.019% | $131K | $104K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.530 | +0.618% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0528% | 4h | 92.093 | +0.143% | $23K | $249K | 10x | as long as short |
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Deribit CRCL_USDC-PERPETUAL
Phemex CRCLUSDT
BloFin CRCL-USDT
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC