CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.013%

Price spread now: Ondo Perps against Aftermath Perps−0.118%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Ondo Perps

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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.118% cheaper against Aftermath Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CRCLUSD	94.762	0.0054	pay 0.0007% / 1h	25m 49s	$2K	$21K	5x
Short	Ondo Perps CRCL-USD.P	94.650	0.0050	get 0.0006% / 1h	25m 49s	$1.1M	$5.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee Ondo PerpsbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$0.76
Price spread: −0.118% → 0.000%: −$11.77
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$26.53
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Ondo Perps: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aftermath Perps and Ondo 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CRCL_USDT	0.0000%	8h	94.730	−0.033%	$7.2M	$27.7M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.750	−0.012%	$1.0M	$51K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.730	−0.033%	$1.4M	$2.8M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.741	−0.022%	$895K	$2.9M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.510	−0.265%	$940K	$723K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.710	−0.054%	—	$45K	25x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.719	−0.045%	$367K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.727	−0.036%	$48K	$3K	10x	as long as short
Ondo Perps CRCL-USD.Pshort	+0.0050%	1h	94.650	−0.118%	$1.1M	$5.9M	10x
Aftermath Perps CRCLUSDlong	+0.0054%	1h	94.762	long leg	$2K	$21K	5x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRCLUSDT	+0.0098%	8h	94.720	−0.044%	$15.6M	$25.9M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	94.666	−0.101%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.730	−0.033%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.670	−0.097%	$70K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.750	−0.012%	$945	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.755	−0.007%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0117%	8h	94.758	−0.004%	$777	$740	5x	as long as short
Variational Omni CRCL	+0.0174%	8h	94.744	−0.018%	$2.5M	$3.1M	—	as long as short
tradeXYZ xyz:CRCL	+0.0175%	1h	94.693	−0.072%	$71.1M	$42.9M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0196%	8h	94.710	−0.054%	$22.9M	$60.7M	50x	as long as short
GRVT CRCL_USDT_Perp	+0.0215%	8h	94.770	+0.009%	$61K	$1.1M	10x	as long as short
Binance CRCLUSDT	+0.0231%	8h	94.700	−0.065%	$109.8M	$390.0M	50x	as long as short
Extended CRCL_24_5-USD	+0.0232%	1h	94.703	−0.061%	$1.1M	$3.8M	10x	as long as short
Aster CRCLUSDT	+0.0236%	8h	94.745	−0.017%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0275%	1h	94.632	−0.137%	$127K	$73K	3x	as long as short
Phoenix CRCL	+0.0288%	1h	94.656	−0.111%	$28K	$92K	10x	as long as short
Bitget CRCLUSDT	+0.0304%	8h	94.740	−0.023%	$17.0M	$35.4M	25x	as long as short
Lighter CRCL	+0.0344%	1h	94.723	−0.041%	$3.1M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0346%	8h	94.750	−0.012%	$1.1M	$599K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	95.560	+0.843%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.750	−0.012%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.760	−0.002%	$432K	$303K	10x	as long as short
edgeX CRCLUSDC	+0.0542%	4h	94.739	−0.024%	$24K	$269K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0701%	1h	94.770	+0.009%	$4K	$772K	10x	as long as short