CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.060%

Price spread now: Vest against Arcus−0.239%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 Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.239% cheaper against Arcus than usual: you would sell low and buy high (−$24 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	92.040	0.0040	pay 0.0005% / 1h	5m 09s	$93K	$273K	10x
Short	Vest CRCL-USD-PERP	91.820	−0.0075	pay 0.0009% / 1h	5m 09s	—	$31K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.239%Rate

Funding earned: −$24.15
Price spread: −0.239% → 0.000%: −$23.9
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Vest: 1 bp × 2 orders: −$2
Net: −$54.55
Costs to cover: 0.065%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 58 min ago; Vest: 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, 58 min ago	3.81 bp	10.9 bp −$11	14.4 bp −$144	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.1037%	8h	92.050	+0.011%	$16.1M	$34.7M	25x	as long as short
Vest CRCL-USD-PERPshort	−0.0075%	1h	91.820	−0.239%	—	$31K	25x
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	92.080	+0.043%	$908K	$501K	10x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.970	−0.077%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	92.028	−0.013%	$105.1M	$386.3M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.010	−0.033%	$15.2M	$26.0M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	92.025	−0.016%	$420K	$298K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.080	+0.043%	$7.2M	$27.0M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.967	−0.079%	$2.5M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.212	+0.187%	$68K	$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	92.060	+0.022%	$1.0M	$49K	10x	as long as short
Aster CRCLUSDT	+0.0003%	8h	92.012	−0.030%	$1.1M	$5.0M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0007%	8h	91.980	−0.065%	$21.6M	$59.8M	50x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.970	−0.076%	$1.3M	$2.1M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0024%	1h	92.031	−0.009%	$2K	$24K	5x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.011	−0.032%	$976K	$2.9M	10x	as long as short
BloFin CRCL-USDT	+0.0040%	8h	91.970	−0.076%	$1.1M	$1.3M	20x	as long as short
Arcus CRCL-USDlong	+0.0040%	1h	92.040	long leg	$93K	$273K	10x
tradeXYZ xyz:CRCL	+0.0050%	1h	91.928	−0.122%	$68.5M	$41.4M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.957	−0.090%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.972	−0.074%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.960	−0.087%	$1.0M	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0083%	8h	91.986	−0.058%	$754	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.993	−0.051%	$133K	$156K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.020	−0.022%	$2.7M	$2.0M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.140	+0.109%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.000	−0.043%	$917	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.971	−0.075%	$4	—	10x	as long as short
Phoenix CRCL	+0.0183%	1h	92.176	+0.148%	$27K	$84K	10x	as long as short
Lighter CRCL	+0.0216%	1h	92.013	−0.029%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0221%	1h	91.979	−0.066%	$131K	$104K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0294%	1h	91.970	−0.076%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.530	+0.532%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0528%	4h	92.093	+0.058%	$23K	$249K	10x	as long as short