Funding you earn now, next payment 00:00 UTC+0.0481%/8h= +52.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.089%
Price spread now: RISEx against Aftermath Perps+0.022%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.022% dearer against Aftermath Perps than usual: you sell high and buy low: +$2 more if the spread 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 | 94.779 | 0.0053 | pay 0.0007% / 1h | 17m 54s | $2K | $21K | 5x |
| Short | RISEx CRCL/USDC | 94.800 | 0.0534 | get 0.0067% / 1h | 17m 54s | $432K | $303K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $100.93
- Price spread: +0.022% → 0.000%
- $2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $88.16
- Costs to cover
- 0.150%
- Break-even
- 0.9 days
Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 60 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 60 min ago | 1.59 bp | 4.6 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CRCL_USDT | 0.0000% | 8h | 94.690 | −0.093% | $7.2M | $27.7M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.660 | −0.125% | $1.0M | $52K | 10x | as long as short |
| QFEX CRCL-USD | +0.0022% | 1h | 94.760 | −0.020% | $1.4M | $2.8M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.648 | −0.138% | $896K | $2.9M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 94.510 | −0.283% | $940K | $723K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.680 | −0.104% | — | $45K | 25x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.782 | +0.004% | $367K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.600 | −0.188% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.630 | −0.157% | $1.1M | $5.9M | 10x | as long as short |
| Aftermath Perps CRCLUSDlong | +0.0053% | 1h | 94.779 | long leg | $2K | $21K | 5x |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRCL | +0.0100% | 1h | 94.760 | −0.020% | $76K | $99K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.670 | −0.115% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.620 | −0.167% | $70K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.630 | −0.157% | $943 | $3K | 10x | as long as short |
| Bybit CRCLUSDT | +0.0103% | 8h | 94.680 | −0.104% | $15.6M | $25.9M | 50x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.705 | −0.077% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0120% | 8h | 94.789 | +0.011% | $777 | $740 | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0169% | 1h | 94.558 | −0.233% | $71.8M | $43.4M | 10x | as long as short |
| Variational Omni CRCL | +0.0184% | 8h | 94.712 | −0.070% | $2.5M | $3.1M | — | as long as short |
| OKX CRCL-USDT-SWAP | +0.0197% | 8h | 94.630 | −0.157% | $22.9M | $60.8M | 50x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0233% | 8h | 94.746 | −0.034% | $61K | $1.1M | 10x | as long as short |
| Binance CRCLUSDT | +0.0247% | 8h | 94.640 | −0.146% | $109.7M | $390.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0248% | 1h | 94.632 | −0.155% | $1.1M | $3.8M | 10x | as long as short |
| Aster CRCLUSDT | +0.0251% | 8h | 94.660 | −0.125% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0273% | 1h | 94.723 | −0.059% | $127K | $73K | 3x | as long as short |
| Phoenix CRCL | +0.0288% | 1h | 94.779 | 0.000% | $28K | $92K | 10x | as long as short |
| Bitget CRCLUSDT | +0.0305% | 8h | 94.630 | −0.157% | $16.9M | $35.4M | 25x | as long as short |
| Lighter CRCL | +0.0344% | 1h | 94.645 | −0.141% | $3.1M | $2.2M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0365% | 8h | 94.810 | +0.033% | $1.1M | $601K | 20x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 95.560 | +0.824% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0490% | 1h | 94.620 | −0.167% | $4K | $772K | 10x | as long as short |
| Arcus CRCL-USD | +0.0533% | 1h | 94.770 | −0.009% | $97K | $275K | 10x | as long as short |
| RISEx CRCL/USDCshort | +0.0534% | 1h | 94.800 | +0.022% | $432K | $303K | 10x | |
| edgeX CRCLUSDC | +0.0768% | 4h | 94.705 | −0.078% | $24K | $268K | 10x | as long as short |
Aftermath Perps CRCLUSD
RISEx CRCL/USDC
Gate CRCL_USDT
Phemex CRCLUSDT
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Bybit CRCLUSDT
Paradex CRCL-USD-PERP
tradeXYZ xyz:CRCL
Variational Omni CRCL
OKX CRCL-USDT-SWAP
GRVT CRCL_USDT_Perp
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
Phoenix CRCL
Bitget CRCLUSDT
Lighter CRCL
BloFin CRCL-USDT
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
edgeX CRCLUSDC