CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h −0.023%

Price spread now: Paradex against Binance−0.060%48s7-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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.060% cheaper against Binance than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.3 days of funding at the current rate (+$1 a day). The two prices were read 48 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	Binance CRCLUSDT	91.455	0.0023	pay 0.0023% / 8h	5h 52m	$103.9M	$383.5M	50x
Short	Paradex CRCL-USD-PERP	91.401	0.0070	get 0.0070% / 8h	5h 52m	$749	$740	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.060%Rate

Funding earned: $9.8
Price spread: −0.060% → 0.000%: −$5.97
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$10.17
Costs to cover: 0.140%
Break-even: 14.3 days

Slippage unknown: Binance: live order book, 6 min ago; Paradex: 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, 6 min ago	0.55 bp	6.3 bp −$6	8.8 bp −$88	31.5 bp −$3,153	189.9 bp −$95.0K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 33 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	−0.1111%	8h	91.580	+0.136%	$15.7M	$34.4M	25x	as long as short
Vest CRCL-USD-PERP	−0.0072%	1h	91.170	−0.312%	—	$38K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.330	−0.137%	$901K	$545K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.500	+0.049%	$14.9M	$25.6M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.390	−0.071%	$417K	$298K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.510	+0.060%	$7.1M	$26.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.580	+0.136%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.610	+0.169%	$63K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.510	+0.060%	$1.0M	$49K	10x	as long as short
Binance CRCLUSDTlong	+0.0023%	8h	91.455	long leg	$103.9M	$383.5M	50x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0023%	1h	91.370	−0.093%	$1.3M	$2.2M	10x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	91.436	−0.021%	$1.1M	$5.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0025%	1h	91.552	+0.106%	$2K	$23K	5x	as long as short
Aster CRCLUSDT	+0.0030%	8h	91.466	+0.012%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0031%	8h	91.540	+0.093%	$21.7M	$58.8M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.498	+0.047%	$969K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.470	+0.016%	$93K	$270K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.497	+0.046%	$68.5M	$41.0M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.364	−0.100%	$354K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.369	−0.094%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.390	−0.071%	$1.0M	$5.2M	10x	as long as short
Paradex CRCL-USD-PERPshort	+0.0070%	8h	91.401	−0.060%	$749	$740	5x
edgeX CRCLUSDC	+0.0075%	4h	91.389	−0.072%	$23K	$267K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.380	−0.083%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.530	+0.082%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.550	+0.104%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.490	+0.038%	$912	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.468	+0.014%	$4	—	10x	as long as short
Phoenix CRCL	+0.0183%	1h	91.382	−0.080%	$27K	$84K	10x	as long as short
Nado CRCL-PERP	+0.0187%	1h	91.312	−0.157%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0288%	1h	91.512	+0.062%	$2.9M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0297%	1h	91.460	+0.005%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.900	+0.486%	$5K	$19K	30x	as long as short