CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$1.04 per $10,000 · paid last 24h −0.021%

Price spread now: Orderly against Binance−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRCLUSDT	94.350	0.0204	pay 0.0204% / 8h	7h 36m	$109.3M	$387.3M	50x
Short	Orderly PERP_CRCL_USDC_mythos	94.340	0.0100	get 0.0100% / 8h	7h 36m	$941	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.011%Rate

Funding earned: −$21.81
Price spread: −0.011% → 0.000%: −$1.06
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$38.87
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; Orderly: no order-book sample. Net counts fees only.

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 Binance live order book, 7 min ago	0.53 bp	7.0 bp −$7	11.8 bp −$118	29.0 bp −$2,898	170.0 bp −$85.0K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.100	−0.265%	$941K	$619K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.350	0.000%	$7.2M	$27.0M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.341	−0.010%	$68K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.300	−0.053%	$1.0M	$51K	10x	as long as short
Bybit CRCLUSDT	+0.0030%	8h	94.360	+0.011%	$15.5M	$25.8M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.350	0.000%	$891K	$2.8M	10x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.350	0.000%	$1.4M	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0043%	1h	94.233	−0.124%	$2K	$22K	5x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.200	−0.159%	—	$37K	25x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	94.287	−0.067%	$71.7M	$42.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CRCL-USD	+0.0050%	1h	94.294	−0.059%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.323	−0.029%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.170	−0.191%	$1.1M	$5.7M	10x	as long as short
Bitget CRCLUSDT	+0.0064%	8h	94.370	+0.021%	$17.0M	$34.9M	25x	as long as short
Pacifica CRCL	+0.0100%	1h	94.284	−0.070%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.360	+0.011%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.220	−0.138%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythosshort	+0.0100%	8h	94.340	−0.011%	$941	$3K	10x
Aevo CRCL-PERP	+0.0104%	1h	94.341	−0.010%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0110%	8h	94.371	+0.022%	$774	$740	5x	as long as short
Variational Omni CRCL	+0.0137%	8h	94.330	−0.021%	$2.5M	$3.1M	—	as long as short
OKX CRCL-USDT-SWAP	+0.0157%	8h	94.350	0.000%	$22.8M	$60.1M	50x	as long as short
Extended CRCL_24_5-USD	+0.0200%	1h	94.320	−0.032%	$1.1M	$5.3M	10x	as long as short
Binance CRCLUSDTlong	+0.0204%	8h	94.350	long leg	$109.3M	$387.3M	50x
Aster CRCLUSDT	+0.0209%	8h	94.350	0.000%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0231%	1h	94.280	−0.074%	$132K	$76K	3x	as long as short
Phoenix CRCL	+0.0296%	1h	94.226	−0.131%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0304%	1h	94.369	+0.020%	$3.0M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0324%	8h	94.310	−0.042%	$1.1M	$560K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.730	+0.403%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0464%	4h	94.309	−0.044%	$24K	$268K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0493%	1h	94.340	−0.011%	$4K	$771K	10x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.260	−0.095%	$96K	$276K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.350	0.000%	$430K	$299K	10x	as long as short