CRCL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKCRCL2USD-USDT	83.910	+0.0529	pay 0.0529% / 8h	1h 51m	$931K	$7.3M	—	Long BingX
SHORT	GRVTCRCL_USDT_Perp	84.300	+0.0293	get 0.0293% / 8h	1h 51m	$62K	$1.0M	10x	Short GRVT

Price gap+0.465%114s

Funding gap−0.0236% /8h

The gap pays +$46 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 6.5 days.

The two prices were read 114 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$49−0.0236% /8h now · paid −0.491% over the last 7D

Price—spread +0.465%114s now · prices read too far apart to compare

Costs−$320.322% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.465%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CRCL on 37 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Large against open interest6.6 / 8.3 bp
$10k is over 10% of GRVT’s open interest.
Note: Margin at max leverage— + $1,000
BingX —, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$7.08Long BingX: 3 payments, −$15.87; short GRVT: 3 payments, +$8.79.
Watch: Prices read 114 s apart+0.465% vs +0.005%
Part of this gap may be the market moving.
Watch: Short leg is thinner$62K vs $931K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCBingX Yes · GRVT No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0234%/8h × 21 periods−$49.10

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$13.17

Fee BingX bp × 2 orders−$10.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$81.27

price spread not counted: prices read too far apart

Costs to cover0.322%Break-evennever at this rate

Slippage: BingX: live order book, 5 min ago; GRVT: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.606.6 bp−$78.1 bp−$8118.5 bp−$1,85568.9 bp−$34.5K

SELL · SHORTGRVT1.788.3 bp−$816.7 bp−$167doesn’t fitdoesn’t fit

Closing costs about the same again.

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchangeSearch all news →

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09-21 13:35	gTrade (Gains Network)	Listing	new market CRCL/USD ($CRCL) seen by our collector
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