CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.36 per $10,000 · paid last 24h −0.032%

Price spread now: GRVT against Aster+0.026%60s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as 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−$370.366% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 3 days (all we have)+0.264%+$26 · spread now +0.026%, 7d avg +0.009%

Together, before fees+0.190%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 60 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	94.426	0.0036	pay 0.0036% / 8h	2h 24m	$1.1M	$4.8M	20x
Short	GRVT CRCL_USDT_Perp	94.450	0	get 0.0000% / 8h	2h 24m	$50K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$7.66
Price spread: +0.026% → +0.009%: $1.72
Slippage, 4 orders: −$19.62
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$42.55
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; GRVT: 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, 4 min ago	1.59 bp	6.5 bp −$7	66.7 bp −$667	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	2.12 bp	8.7 bp −$9	23.2 bp −$232	doesn't fit	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
Extended CRCL_24_5-USD	0.0000%	1h	94.533	+0.114%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	94.487	+0.065%	$108.5M	$389.2M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	94.542	+0.123%	$431K	$310K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.570	+0.153%	$7.2M	$27.8M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	94.532	+0.112%	$2.5M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perpshort	0.0000%	8h	94.450	+0.026%	$50K	$1.2M	10x
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	94.490	+0.068%	$4K	$771K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.480	+0.058%	$1.0M	$50K	10x	as long as short
QFEX CRCL-USD	+0.0020%	1h	94.560	+0.142%	$1.4M	$2.7M	10x	as long as short
Bybit CRCLUSDT	+0.0027%	8h	94.460	+0.036%	$15.5M	$25.9M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0032%	1h	94.593	+0.177%	$882K	$2.9M	10x	as long as short
Aster CRCLUSDTlong	+0.0036%	8h	94.426	long leg	$1.1M	$4.8M	20x
Aftermath Perps CRCLUSD	+0.0043%	1h	94.288	−0.146%	$2K	$19K	5x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.510	+0.089%	—	$45K	25x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.426	0.000%	$356K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.534	+0.115%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.350	−0.080%	$1.1M	$5.9M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0051%	1h	94.575	+0.158%	$71.0M	$42.8M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.549	+0.131%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.480	+0.058%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.300	−0.133%	$69K	$5K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.530	+0.111%	$942	$3K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0100%	8h	94.473	+0.051%	$718	$428	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.536	+0.117%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	94.530	+0.111%	$1.1M	$589K	20x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0144%	1h	94.390	−0.038%	$939K	$743K	10x	as long as short
Nado CRCL-PERP	+0.0201%	1h	94.409	−0.018%	$126K	$73K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0225%	8h	94.550	+0.132%	$22.8M	$60.8M	50x	as long as short
Phoenix CRCL	+0.0228%	1h	94.600	+0.185%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0264%	1h	94.611	+0.196%	$3.1M	$2.4M	10x	as long as short
Bitget CRCLUSDT	+0.0334%	8h	94.540	+0.121%	$16.8M	$35.2M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.830	+0.428%	$5K	$20K	30x	as long as short
Arcus CRCL-USD	+0.0560%	1h	94.490	+0.068%	$97K	$272K	10x	as long as short
edgeX CRCLUSDC	+0.0931%	4h	94.439	+0.014%	$24K	$266K	10x	as long as short