Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni−0.199%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.119%−$12 on $10k
+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 Polymarket Perps is 0.199% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRCLUSDT | 94.140 | 0.0100 | pay 0.0013% / 1h | 5m 29s | $69K | $4K | 50x |
| Short | Polymarket Perps CRCL-USD | 93.953 | 0.0050 | get 0.0006% / 1h | 5m 29s | $364K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$10.5
- Price spread: −0.199% → 0.000%
- −$19.86
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$48.36
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago | 3.03 bp | 7.4 bp −$7 | 8.4 bp −$84 | 9.7 bp −$971 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.0064% | 1h | 94.000 | −0.149% | $940K | $620K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.990 | −0.159% | $15.4M | $25.4M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 94.020 | −0.127% | $7.2M | $27.1M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 93.990 | −0.159% | $16.7M | $34.4M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.000 | −0.149% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.970 | −0.181% | $885K | $2.8M | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0035% | 8h | 94.270 | +0.138% | $62K | $1.1M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0038% | 1h | 94.100 | −0.043% | $2K | $22K | 5x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 93.960 | −0.191% | $1.4M | $2.5M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 93.850 | −0.308% | — | $37K | 25x | 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 | 93.841 | −0.318% | $71.5M | $40.5M | 10x | as long as short |
| Polymarket Perps CRCL-USDshort | +0.0050% | 1h | 93.953 | −0.199% | $364K | $1.1M | 10x | |
| SoDEX CRCL-USD | +0.0050% | 1h | 93.974 | −0.176% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 93.880 | −0.276% | $1.1M | $5.7M | 10x | as long as short |
| Variational Omni CRCL | +0.0078% | 8h | 93.978 | −0.172% | $2.5M | $3.1M | — | as long as short |
| Paradex CRCL-USD-PERP | +0.0099% | 8h | 93.957 | −0.194% | $770 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 93.952 | −0.200% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.020 | −0.127% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDTlong | +0.0100% | 1h | 94.140 | long leg | $69K | $4K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.010 | −0.138% | $937 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 93.959 | −0.192% | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0128% | 8h | 94.020 | −0.127% | $22.7M | $58.9M | 50x | as long as short |
| Binance CRCLUSDT | +0.0158% | 8h | 93.961 | −0.190% | $108.8M | $385.0M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0160% | 1h | 93.929 | −0.224% | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | +0.0161% | 8h | 94.031 | −0.116% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0226% | 1h | 93.914 | −0.240% | $131K | $76K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0284% | 8h | 94.070 | −0.074% | $1.1M | $576K | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 93.980 | −0.170% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 93.996 | −0.153% | $3.0M | $2.3M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0340% | 4h | 94.103 | −0.039% | $24K | $267K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.670 | +0.563% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0496% | 1h | 93.920 | −0.234% | $4K | $769K | 10x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.080 | −0.064% | $96K | $271K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 93.965 | −0.186% | $428K | $297K | 10x | as long as short |
ApeX Omni CRCLUSDT
Polymarket Perps CRCL-USD
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
GRVT CRCL_USDT_Perp
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
SoDEX CRCL-USD
Variational Omni CRCL
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
edgeX CRCLUSDC
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
RISEx CRCL/USDC