CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.048%

Price spread now: Arcus against ApeX Omni−0.109%53s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 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 Arcus is 0.109% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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	ApeX Omni CRCLUSDT	91.980	0.0100	pay 0.0013% / 1h	24m 42s	$68K	$4K	50x
Short	Arcus CRCL-USD	91.880	0.0040	get 0.0005% / 1h	24m 42s	$93K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against ApeX Omni. 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 ApeX OmnibpFee ArcusbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$12.54
Price spread: −0.109% → 0.000%: −$10.87
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$37.91
Costs to cover: 0.145%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Arcus: live order book, 29 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Arcus live order book, 29 min ago	2.71 bp	10.4 bp −$10	11.7 bp −$117	doesn't fit	doesn't fit

ApeX Omni: 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	−0.0690%	8h	91.870	−0.120%	$16.6M	$35.7M	25x	as long as short
Vest CRCL-USD-PERP	−0.0062%	1h	91.610	−0.402%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.840	−0.152%	$14.9M	$26.6M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.910	−0.076%	$7.3M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.918	−0.067%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.880	−0.109%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0021%	8h	91.904	−0.083%	$1.1M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0029%	8h	91.859	−0.132%	$104.7M	$392.4M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.856	−0.135%	$974K	$2.9M	10x	as long as short
Extended CRCL_24_5-USD	+0.0032%	1h	91.827	−0.167%	$1.2M	$5.7M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0040%	1h	91.876	−0.113%	$2K	$25K	5x	as long as short
Arcus CRCL-USDshort	+0.0040%	1h	91.880	−0.109%	$93K	$273K	10x
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.730	−0.272%	$905K	$509K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.774	−0.224%	$68.2M	$41.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.769	−0.229%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.816	−0.178%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.950	−0.033%	$1.0M	$5.2M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.880	−0.109%	$1.3M	$1.9M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0061%	8h	91.791	−0.206%	$422	$905	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0095%	8h	91.860	−0.130%	$22.3M	$61.7M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.840	−0.152%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.860	−0.130%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDTlong	+0.0100%	1h	91.980	long leg	$68K	$4K	50x
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.840	−0.152%	$916	$2K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0101%	8h	92.040	+0.065%	$70K	$1.1M	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.803	−0.193%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.881	−0.108%	$418K	$300K	10x	as long as short
BloFin CRCL-USDT	+0.0126%	8h	91.840	−0.152%	$1.1M	$1.6M	20x	as long as short
Phoenix CRCL	+0.0182%	1h	91.950	−0.033%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0280%	1h	91.861	−0.129%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0359%	1h	91.726	−0.276%	$133K	$107K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.480	+0.544%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0731%	1h	91.810	−0.185%	$4K	$768K	10x	as long as short
edgeX CRCLUSDC	+0.0944%	4h	92.023	+0.047%	$51K	$275K	10x	as long as short