Funding you earn now, next payment 09:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.015%
Price spread now: Extended against ApeX Omni−0.140%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.140% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.140% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.8 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.098% in total) that is about 10 days. The two prices were read 72 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 | 90.980 | 0.0100 | pay 0.0013% / 1h | 30m 00s | $67K | $4K | 50x |
| Short | Extended CRCL_24_5-USD | 90.852 | 0.0224 | get 0.0028% / 1h | 30m 00s | $1.1M | $5.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.04
- Price spread: −0.140% → 0.000%
- −$14.05
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$3.01
- Costs to cover
- 0.150%
- Break-even
- 7.8 days
Slippage unknown: ApeX Omni: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago | 0.28 bp | 4.9 bp −$5 | 22.7 bp −$227 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.0099% | 1h | 90.680 | −0.330% | — | $31K | 25x | as long as short |
| Bitget CRCLUSDT | −0.0042% | 8h | 90.900 | −0.088% | $17.4M | $36.2M | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 90.860 | −0.132% | $14.9M | $26.6M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 90.930 | −0.055% | $7.8M | $26.5M | 50x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | 0.0000% | 1h | 90.830 | −0.165% | $5K | $764K | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 90.920 | −0.066% | $1.0M | $47K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 90.893 | −0.096% | $977K | $2.4M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 90.900 | −0.088% | $937K | $571K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 91.008 | +0.031% | $2K | $29K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 90.880 | −0.110% | $94K | $283K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 90.794 | −0.204% | $66.9M | $44.3M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 90.875 | −0.115% | $375K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 90.861 | −0.131% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 90.990 | +0.011% | $1.1M | $4.7M | 10x | as long as short |
| QFEX CRCL-USD | +0.0065% | 1h | 90.890 | −0.099% | $1.3M | $1.7M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 90.880 | −0.110% | $133K | $158K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 90.870 | −0.121% | $2.6M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDTlong | +0.0100% | 1h | 90.980 | long leg | $67K | $4K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 90.870 | −0.121% | $906 | $1K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0104% | 8h | 91.175 | +0.215% | $71K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 90.892 | −0.096% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0126% | 8h | 90.902 | −0.085% | $418 | $766 | 5x | as long as short |
| Variational Omni CRCL | +0.0148% | 8h | 90.940 | −0.044% | $2.4M | $3.3M | — | as long as short |
| Aster CRCLUSDT | +0.0208% | 8h | 90.856 | −0.136% | $1.0M | $5.0M | 20x | as long as short |
| Lighter CRCL | +0.0216% | 1h | 90.893 | −0.096% | $2.9M | $2.1M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0217% | 4h | 91.065 | +0.093% | $52K | $270K | 10x | as long as short |
| Binance CRCLUSDT | +0.0224% | 8h | 90.849 | −0.144% | $104.5M | $386.4M | 50x | as long as short |
| Extended CRCL_24_5-USDshort | +0.0224% | 1h | 90.852 | −0.140% | $1.1M | $5.1M | 10x | |
| Phoenix CRCL | +0.0254% | 1h | 91.098 | +0.130% | $27K | $66K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0285% | 8h | 90.860 | −0.132% | $22.2M | $61.2M | 50x | as long as short |
| BloFin CRCL-USDT | +0.0346% | 8h | 90.990 | +0.011% | $1.1M | $1.7M | 20x | as long as short |
| Nado CRCL-PERP | +0.0367% | 1h | 90.899 | −0.089% | $134K | $109K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.170 | +1.308% | $5K | $19K | 30x | as long as short |
| RISEx CRCL/USDC | +0.0501% | 1h | 90.939 | −0.045% | $411K | $258K | 10x | as long as short |
ApeX Omni CRCLUSDT
Extended CRCL_24_5-USD
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Deribit CRCL_USDC-PERPETUAL
Phemex CRCLUSDT
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
GRVT CRCL_USDT_Perp
Paradex CRCL-USD-PERP
Variational Omni CRCL
Aster CRCLUSDT
Lighter CRCL
edgeX CRCLUSDC
Binance CRCLUSDT
Phoenix CRCL
OKX CRCL-USDT-SWAP
BloFin CRCL-USDT
Injective CRCL/USDC PERP
RISEx CRCL/USDC