CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0456%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h −0.026%

Price spread now: Aevo against Arcus−0.177%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on Aevo

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$14 a day on $10k at the current rate, and Aevo is 0.177% cheaper against Arcus than usual: you would sell low and buy high (−$18 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	Arcus CRCL-USD	94.500	0.0560	pay 0.0070% / 1h	10m 58s	$97K	$274K	10x
Short	Aevo CRCL-PERP	94.333	0.0104	get 0.0013% / 1h	10m 58s	$4	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Arcus. 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 ArcusbpFee AevobpOrdersPrice spread, now −0.177%Rate

Funding earned: −$95.68
Price spread: −0.177% → 0.000%: −$17.65
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$133.83
Costs to cover: 0.205%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 12 min ago; Aevo: no order-book sample. 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 Arcus live order book, 12 min ago	3.17 bp	10.2 bp −$10	10.7 bp −$107	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
RISEx CRCL/USDC	0.0000%	1h	94.485	−0.015%	$431K	$310K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.450	−0.053%	$7.2M	$27.8M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	94.541	+0.043%	$2.5M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.480	−0.021%	$50K	$1.2M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	94.290	−0.222%	$4K	$771K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.520	+0.021%	$1.0M	$50K	10x	as long as short
QFEX CRCL-USD	+0.0020%	1h	94.450	−0.053%	$1.4M	$2.7M	10x	as long as short
Bybit CRCLUSDT	+0.0021%	8h	94.330	−0.180%	$15.5M	$25.9M	50x	as long as short
edgeX CRCLUSDC	+0.0031%	4h	94.519	+0.020%	$24K	$268K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.314	−0.197%	$880K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CRCL_24_5-USD	+0.0040%	1h	94.375	−0.132%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0041%	8h	94.387	−0.119%	$108.4M	$389.3M	50x	as long as short
Aftermath Perps CRCLUSD	+0.0043%	1h	94.468	−0.034%	$2K	$19K	5x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.430	−0.074%	—	$45K	25x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	94.243	−0.272%	$70.8M	$42.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.473	−0.029%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.468	−0.034%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.400	−0.106%	$1.1M	$5.9M	10x	as long as short
Aster CRCLUSDT	+0.0081%	8h	94.389	−0.118%	$1.1M	$4.8M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	94.501	+0.001%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.350	−0.159%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.350	−0.159%	$69K	$5K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.440	−0.063%	$942	$3K	10x	as long as short
Aevo CRCL-PERPshort	+0.0104%	1h	94.333	−0.177%	$4	—	10x
Paradex CRCL-USD-PERP	+0.0131%	8h	94.481	−0.020%	$435	$570	5x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0144%	1h	94.390	−0.116%	$939K	$743K	10x	as long as short
BloFin CRCL-USDT	+0.0161%	8h	94.450	−0.053%	$1.1M	$588K	20x	as long as short
Nado CRCL-PERP	+0.0194%	1h	94.520	+0.021%	$127K	$73K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0215%	8h	94.450	−0.053%	$22.8M	$60.7M	50x	as long as short
Phoenix CRCL	+0.0228%	1h	94.507	+0.007%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0272%	1h	94.336	−0.174%	$3.1M	$2.4M	10x	as long as short
Bitget CRCLUSDT	+0.0325%	8h	94.440	−0.063%	$16.7M	$35.2M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.830	+0.349%	$5K	$20K	30x	as long as short
Arcus CRCL-USDlong	+0.0560%	1h	94.500	long leg	$97K	$274K	10x