CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against Aster+0.070%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 2 days (all we have)−0.049%−$5 · spread now +0.070%, 7d avg +0.015%

Together, before fees−0.067%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	92.203	0.0079	pay 0.0079% / 8h	6h 26m	$1.1M	$4.9M	20x
Short	Binance CRCLUSDT	92.267	0.0073	get 0.0073% / 8h	6h 26m	$105.3M	$392.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now +0.070%Rate

Funding earned: −$1.27
Price spread: +0.070% → +0.015%: $5.46
Slippage, 4 orders: −$10.16
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.97
Costs to cover: 0.282%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Binance: live order book, 2 min ago.

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 Aster live order book, 2 min ago	1.08 bp	9.4 bp −$9	65.9 bp −$659	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.54 bp	6.1 bp −$6	9.9 bp −$99	33.4 bp −$3,343	136.4 bp −$68.2K

CRCL on 33 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	−0.0597%	8h	92.380	+0.192%	$16.1M	$35.3M	25x	as long as short
Vest CRCL-USD-PERP	−0.0020%	1h	91.970	−0.253%	—	$37K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	92.050	−0.166%	$916K	$583K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.330	+0.138%	$15.1M	$25.8M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	92.193	−0.011%	$421K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.340	+0.149%	$7.2M	$26.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	92.310	+0.116%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.306	+0.112%	$71K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.060	−0.155%	$1.0M	$49K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0025%	1h	92.151	−0.056%	$2K	$23K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0032%	1h	92.162	−0.044%	$980K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	92.160	−0.046%	$94K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	92.274	+0.077%	$69.4M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.173	−0.032%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.090	−0.122%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.130	−0.079%	$1.0M	$5.5M	10x	as long as short
QFEX CRCL-USD	+0.0057%	1h	92.130	−0.079%	$1.3M	$2.4M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0071%	8h	92.350	+0.160%	$21.8M	$60.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0072%	1h	92.146	−0.062%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDTshort	+0.0073%	8h	92.267	+0.070%	$105.3M	$392.9M	50x
Paradex CRCL-USD-PERP	+0.0077%	8h	92.146	−0.061%	$756	$740	5x	as long as short
Aster CRCLUSDTlong	+0.0079%	8h	92.203	long leg	$1.1M	$4.9M	20x
Pacifica CRCL	+0.0100%	1h	92.153	−0.054%	$129K	$153K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.210	+0.008%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.240	+0.040%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.260	+0.062%	$920	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.307	+0.113%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0156%	1h	92.194	−0.010%	$131K	$103K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0184%	1h	92.110	−0.101%	$4K	$769K	10x	as long as short
Lighter CRCL	+0.0216%	1h	92.167	−0.039%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	92.258	+0.060%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.640	+0.474%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0920%	4h	92.305	+0.111%	$23K	$266K	10x	as long as short