Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0263%/8h= +28.8% APRnext payment +$0.33 per $10,000 · paid last 24h +0.039%
Price spread now: Nado against Aftermath Perps−0.063%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.063% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CRCLUSD91.2420.0041pay 0.0005% / 1h31m 38s$2K$26K5x
ShortNado CRCL-PERP91.1850.0305get 0.0038% / 1h31m 38s$133K$108K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aftermath Perps. 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

Funding earned
$55.33
Price spread: −0.063% → 0.000%
−$6.33
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$33
Costs to cover
0.160%
Break-even
2.8 days
Slippage unknown: Aftermath Perps: no order-book sample; Nado: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Nado live order book, 16 min ago3.28 bp8.8 bp −$928.2 bp −$282doesn't fitdoesn't fit
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0880%8h91.240−0.003%$16.7M$36.3M25xas long as short
Vest CRCL-USD-PERP−0.0070%1h90.910−0.364%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.160−0.090%$14.5M$26.9M50xas long as short
Gate CRCL_USDT0.0000%8h91.200−0.046%$7.6M$27.3M50xas long as short
Variational Omni CRCL0.0000%8h91.361+0.130%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.190−0.057%$1.0M$48K10xas long as short
Aster CRCLUSDT+0.0011%8h91.175−0.073%$1.0M$5.1M20xas long as short
Extended CRCL_24_5-USD+0.0024%1h91.145−0.106%$1.1M$5.6M10xas long as short
Binance CRCLUSDT+0.0024%8h91.174−0.075%$103.7M$394.9M50xas long as short
Lighter RH CRCL+0.0032%1h91.195−0.052%$971K$2.9M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus CRCL-USD+0.0040%1h91.210−0.035%$93K$291K10xas long as short
Aftermath Perps CRCLUSDlong+0.0041%1h91.242long leg$2K$26K5x
Polymarket Perps CRCL-USD+0.0050%1h91.185−0.063%$382K$1.2M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.162−0.088%$46K$3K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.102−0.154%$68.1M$43.3M10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.210−0.035%$1.0M$5.1M10xas long as short
QFEX CRCL-USD+0.0054%1h91.220−0.025%$1.3M$1.8M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0072%1h91.180−0.068%$913K$529K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0079%1h91.180−0.068%$4K$768K10xas long as short
Paradex CRCL-USD-PERP+0.0089%8h91.147−0.105%$419$9055xas long as short
BloFin CRCL-USDT+0.0098%8h91.150−0.101%$1.1M$1.6M20xas long as short
Pacifica CRCL+0.0100%1h91.162−0.088%$133K$162K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.170−0.079%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.360+0.129%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.180−0.068%$909$2K10xas long as short
GRVT CRCL_USDT_Perp+0.0104%8h91.328+0.094%$62K$1.1M10xas long as short
Aevo CRCL-PERP+0.0104%1h91.165−0.085%$410xas long as short
OKX CRCL-USDT-SWAP+0.0111%8h91.180−0.068%$22.1M$61.9M50xas long as short
RISEx CRCL/USDC+0.0117%1h91.175−0.074%$415K$294K10xas long as short
Phoenix CRCL+0.0210%1h91.130−0.123%$27K$82K10xas long as short
Lighter CRCL+0.0224%1h91.189−0.058%$2.9M$2.4M10xas long as short
Nado CRCL-PERPshort+0.0305%1h91.185−0.063%$133K$108K3x
edgeX CRCLUSDC+0.0338%4h91.438+0.214%$52K$278K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.040+0.874%$5K$19K30xas long as short