CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.98 per $10,000 · paid last 24h +0.039%

Price spread now: BloFin against Aster+0.205%62s7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.359% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$24 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.205%, 7d avg −0.017%

Together, before fees+0.025%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.222% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	95.345	0.0277	pay 0.0277% / 8h	4h 50m	$1.2M	$4.7M	20x
Short	BloFin CRCL-USDT	95.540	0.0375	get 0.0375% / 8h	4h 50m	$1.1M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.205%Rate

Funding earned: $20.63
Price spread: +0.205% → −0.017%: $22.21
Slippage, 4 orders: −$15.93
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.92
Costs to cover: 0.359%
Break-even: 4.7 days

Slippage from Aster: live order book, 2 min ago; BloFin: live order book, 6 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	2.09 bp	8.4 bp −$8	243.2 bp −$2,432	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	1.05 bp	8.7 bp −$9	15.4 bp −$154	43.1 bp −$4,311	doesn't fit

CRCL on 34 exchanges

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
Coinbase International CRCL-PERP-INTX	−0.0024%	1h	95.490	+0.152%	$871K	$805K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	95.390	+0.047%	$15.7M	$28.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	95.671	+0.342%	$425K	$228K	10x	as long as short
Bitget CRCLUSDT	0.0000%	8h	95.360	+0.016%	$19.2M	$39.3M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	95.320	−0.026%	$1.1M	$47K	10x	as long as short
QFEX CRCL-USD	+0.0014%	1h	95.610	+0.278%	$1.4M	$1.7M	10x	as long as short
Gate CRCL_USDT	+0.0028%	8h	95.510	+0.173%	$7.7M	$26.4M	50x	as long as short
Injective CRCL/USDC PERP	+0.0033%	1h	95.630	+0.299%	$39K	$172K	30x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	95.146	−0.209%	$2K	$29K	5x	as long as short
Lighter RH CRCL	+0.0040%	1h	95.389	+0.046%	$1.0M	$2.6M	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRCL-USD-PERP	+0.0046%	1h	95.690	+0.362%	—	$29K	25x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	95.601	+0.269%	$69.5M	$44.2M	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	95.470	+0.131%	$1.1M	$4.3M	10x	as long as short
Arcus CRCL-USD	+0.0057%	1h	95.620	+0.289%	$96K	$233K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	95.625	+0.294%	$142K	$149K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	95.380	+0.037%	$2.5M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	95.850	+0.530%	$98K	$26K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	95.440	+0.100%	$752	$2K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0103%	8h	95.600	+0.268%	$440	$477	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	95.562	+0.227%	$4	—	10x	as long as short
Phoenix CRCL	+0.0136%	1h	95.413	+0.071%	$28K	$94K	10x	as long as short
Variational Omni CRCL	+0.0157%	8h	95.650	+0.320%	$2.7M	$3.3M	—	as long as short
OKX CRCL-USDT-SWAP	+0.0209%	8h	95.370	+0.026%	$23.6M	$67.0M	50x	as long as short
Extended CRCL_24_5-USD	+0.0256%	1h	95.467	+0.128%	$1.1M	$4.0M	10x	as long as short
Binance CRCLUSDT	+0.0260%	8h	95.380	+0.037%	$111.9M	$392.1M	50x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0274%	1h	95.420	+0.079%	$5K	$415K	10x	as long as short
Aster CRCLUSDTlong	+0.0277%	8h	95.345	long leg	$1.2M	$4.7M	20x
edgeX CRCLUSDC	+0.0287%	4h	95.658	+0.329%	$55K	$278K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0324%	8h	95.670	+0.341%	$66K	$1.0M	10x	as long as short
Nado CRCL-PERP	+0.0357%	1h	95.607	+0.275%	$153K	$93K	3x	as long as short
BloFin CRCL-USDTshort	+0.0375%	8h	95.540	+0.205%	$1.1M	$1.8M	20x
Polymarket Perps CRCL-USD	+0.0393%	1h	95.700	+0.372%	$284K	$1.1M	10x	as long as short
Lighter CRCL	+0.0424%	1h	95.521	+0.185%	$3.3M	$2.4M	10x	as long as short
SoDEX CRCL-USD	+0.2373%	1h	95.462	+0.123%	$48K	$3K	10x	as long as short