CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.017%

Price spread now: QFEX against ApeX Omni+0.163%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on QFEX

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

The price spread pays, funding is against you. QFEX is 0.163% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CRCLUSDT	91.850	0.0100	pay 0.0013% / 1h	14m 50s	$68K	$4K	50x
Short	QFEX CRCL-USD	92.000	0.0028	get 0.0004% / 1h	14m 50s	$1.3M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$15.05
Price spread: +0.163% → 0.000%: $16.33
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$18.72
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; QFEX: live order book, 2 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 QFEX live order book, 2 min ago	1.63 bp	6.6 bp −$7	7.0 bp −$70	14.9 bp −$1,489	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	−0.0977%	8h	92.110	+0.283%	$16.5M	$35.1M	25x	as long as short
Vest CRCL-USD-PERP	−0.0070%	1h	91.730	−0.131%	—	$31K	25x	as long as short
Aster CRCLUSDT	0.0000%	8h	92.007	+0.171%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	92.055	+0.223%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	92.080	+0.250%	$104.8M	$389.7M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.090	+0.261%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.998	+0.162%	$418K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.120	+0.294%	$7.2M	$27.3M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.929	+0.086%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.967	+0.128%	$64K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	91.970	+0.131%	$1.0M	$49K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.890	+0.044%	$907K	$491K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0028%	8h	92.090	+0.261%	$22.1M	$61.3M	50x	as long as short
QFEX CRCL-USDshort	+0.0028%	1h	92.000	+0.163%	$1.3M	$2.0M	10x
Lighter RH CRCL	+0.0032%	1h	92.064	+0.233%	$976K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0034%	1h	91.887	+0.040%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.860	+0.011%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.997	+0.160%	$68.6M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.995	+0.158%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.010	+0.174%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.760	−0.098%	$1.0M	$5.1M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.970	+0.131%	$135K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.000	+0.163%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDTlong	+0.0100%	1h	91.850	long leg	$68K	$4K	50x
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.040	+0.207%	$918	$2K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0102%	8h	91.970	+0.131%	$423	$905	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.040	+0.207%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	92.060	+0.229%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.825	−0.027%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0200%	1h	92.062	+0.231%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0302%	1h	91.865	+0.016%	$131K	$104K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.400	+0.599%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0693%	4h	91.892	+0.045%	$51K	$277K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0837%	1h	92.070	+0.240%	$4K	$767K	10x	as long as short