CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h −0.006%

Price spread now: Bitget against Aster−0.021%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 7 days−0.087%−$9 · spread now −0.021%, 7d avg +0.023%

Together, before fees+0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.044% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	94.580	0.0241	pay 0.0241% / 8h	5m 12s	$1.1M	$4.9M	20x
Short	Bitget CRCLUSDT	94.560	0.0295	get 0.0295% / 8h	5m 12s	$16.9M	$35.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.021%Rate

Funding earned: $11.38
Price spread: −0.021% → +0.023%: −$4.41
Slippage, 4 orders: −$18.2
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$31.24
Costs to cover: 0.382%
Break-even: 26.2 days

Slippage from Aster: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago	2.11 bp	10.6 bp −$11	212.6 bp −$2,126	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.59 bp	9.7 bp −$10	16.6 bp −$166	71.5 bp −$7,146	doesn't fit

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
Gate CRCL_USDT	0.0000%	8h	94.570	−0.011%	$7.2M	$27.8M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.560	−0.021%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.520	−0.063%	$1.4M	$2.8M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.583	+0.003%	$893K	$2.9M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.400	−0.190%	$939K	$722K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.480	−0.106%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0049%	1h	94.532	−0.051%	$2K	$21K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.539	−0.043%	$366K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.546	−0.036%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.490	−0.095%	$1.1M	$5.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRCLUSDT	+0.0099%	8h	94.580	0.000%	$15.5M	$25.9M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	94.510	−0.074%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.630	+0.053%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.490	−0.095%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.550	−0.032%	$943	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.568	−0.013%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0114%	8h	94.574	−0.006%	$776	$740	5x	as long as short
tradeXYZ xyz:CRCL	+0.0145%	1h	94.527	−0.056%	$71.6M	$43.6M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0173%	8h	94.570	−0.011%	$22.8M	$60.8M	50x	as long as short
Variational Omni CRCL	+0.0184%	8h	94.552	−0.029%	$2.5M	$3.1M	—	as long as short
Extended CRCL_24_5-USD	+0.0240%	1h	94.546	−0.036%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0240%	8h	94.596	+0.017%	$109.5M	$390.8M	50x	as long as short
Aster CRCLUSDTlong	+0.0241%	8h	94.580	long leg	$1.1M	$4.9M	20x
GRVT CRCL_USDT_Perp	+0.0243%	8h	94.567	−0.013%	$54K	$1.1M	10x	as long as short
Nado CRCL-PERP	+0.0262%	1h	94.489	−0.097%	$132K	$76K	3x	as long as short
Phoenix CRCL	+0.0288%	1h	94.612	+0.034%	$28K	$92K	10x	as long as short
Bitget CRCLUSDTshort	+0.0295%	8h	94.560	−0.021%	$16.9M	$35.5M	25x
Lighter CRCL	+0.0304%	1h	94.584	+0.004%	$3.1M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0360%	8h	94.540	−0.042%	$1.1M	$603K	20x	as long as short
edgeX CRCLUSDC	+0.0421%	4h	94.566	−0.015%	$24K	$268K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	95.560	+1.036%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.540	−0.042%	$97K	$276K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.575	−0.005%	$431K	$303K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0914%	1h	94.580	0.000%	$4K	$772K	10x	as long as short