CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against Aster−0.042%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1041.042% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 7 days+0.035%+$3 · spread now −0.042%, 7d avg +0.004%

Together, before fees+0.079%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.046% cheaper against Aster than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.045% in total) that is about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	91.908	0	get 0.0000% / 8h	4h 17m	$1.1M	$5.0M	20x
Short	KuCoin CRCLUSDTM	91.870	0.0100	get 0.0100% / 8h	4h 17m	$2.7M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.042%Rate

Funding earned: $21
Price spread: −0.042% → +0.004%: −$4.61
Slippage, 4 orders: −$84.21
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$87.82
Costs to cover: 1.042%
Break-even: 36.3 days

Slippage from Aster: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago	1.09 bp	7.9 bp −$8	17.3 bp −$173	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	1.09 bp	31.0 bp −$31	doesn't fit	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
Bitget CRCLUSDT	−0.0993%	8h	91.980	+0.078%	$16.5M	$35.1M	25x	as long as short
Vest CRCL-USD-PERP	−0.0069%	1h	91.660	−0.270%	—	$31K	25x	as long as short
Aster CRCLUSDTlong	0.0000%	8h	91.908	long leg	$1.1M	$5.0M	20x
Extended CRCL_24_5-USD	0.0000%	1h	91.945	+0.040%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.960	+0.056%	$104.7M	$389.5M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.960	+0.056%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.934	+0.028%	$418K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.980	+0.078%	$7.2M	$27.2M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.828	−0.087%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.850	−0.063%	$64K	$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	91.810	−0.107%	$1.0M	$49K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.790	−0.129%	$906K	$490K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0024%	8h	91.980	+0.078%	$22.1M	$61.2M	50x	as long as short
QFEX CRCL-USD	+0.0028%	1h	91.910	+0.002%	$1.3M	$2.0M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.947	+0.042%	$974K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0034%	1h	91.881	−0.030%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.800	−0.118%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.864	−0.048%	$68.5M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.889	−0.021%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.899	−0.010%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.760	−0.161%	$1.0M	$5.1M	10x	as long as short
edgeX CRCLUSDC	+0.0065%	4h	91.827	−0.088%	$51K	$276K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0100%	8h	91.904	−0.005%	$423	$905	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.880	−0.031%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTMshort	+0.0100%	8h	91.870	−0.042%	$2.7M	$1.9M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	91.710	−0.216%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.940	+0.034%	$917	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.941	+0.036%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.860	−0.053%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.825	−0.091%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0184%	1h	91.938	+0.032%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0300%	1h	91.854	−0.059%	$131K	$104K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.400	+0.535%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0621%	1h	91.940	+0.034%	$4K	$767K	10x	as long as short