CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0139%/8h= −15.2% APRnext payment −$1.39 per $10,000 · paid last 24h +0.006%

Price spread now: Aster against Bitget−0.147%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 7 days+0.262%+$26 · spread now −0.147%, 7d avg −0.023%

Together, before fees+0.171%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.124% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRCLUSDT	94.530	0.0311	pay 0.0311% / 8h	55m 50s	$16.8M	$35.4M	25x
Short	Aster CRCLUSDT	94.391	0.0172	get 0.0172% / 8h	55m 50s	$1.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.147%Rate

Funding earned: −$29.18
Price spread: −0.147% → −0.023%: −$12.38
Slippage, 4 orders: −$14.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$76.34
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 3 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 Bitget live order book, 3 min ago	1.59 bp	10.4 bp −$10	17.0 bp −$170	38.1 bp −$3,806	doesn't fit
Sell Aster live order book, 3 min ago	1.06 bp	7.2 bp −$7	12.8 bp −$128	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
Gate CRCL_USDT	0.0000%	8h	94.490	−0.042%	$7.2M	$27.4M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.430	−0.106%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.420	−0.116%	$1.4M	$2.7M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.527	−0.003%	$891K	$2.9M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.100	−0.455%	$936K	$720K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.300	−0.243%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0049%	1h	94.343	−0.197%	$2K	$20K	5x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.437	−0.098%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.280	−0.264%	$1.1M	$5.9M	10x	as long as short
Bybit CRCLUSDT	+0.0085%	8h	94.540	+0.011%	$15.5M	$25.8M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCL	+0.0100%	1h	94.380	−0.159%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.400	−0.138%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.290	−0.254%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.440	−0.095%	$942	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.507	−0.025%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0108%	8h	94.252	−0.294%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERP	+0.0124%	8h	94.493	−0.040%	$775	$740	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0126%	8h	94.265	−0.280%	$62K	$1.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0135%	1h	94.451	−0.084%	$366K	$1.1M	10x	as long as short
Binance CRCLUSDT	+0.0158%	8h	94.522	−0.008%	$108.7M	$388.6M	50x	as long as short
Extended CRCL_24_5-USD	+0.0160%	1h	94.484	−0.049%	$1.1M	$3.8M	10x	as long as short
Aster CRCLUSDTshort	+0.0172%	8h	94.391	−0.147%	$1.1M	$4.9M	20x
OKX CRCL-USDT-SWAP	+0.0196%	8h	94.540	+0.011%	$22.9M	$60.6M	50x	as long as short
Phoenix CRCL	+0.0212%	1h	94.376	−0.163%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0276%	8h	94.350	−0.190%	$1.1M	$581K	20x	as long as short
tradeXYZ xyz:CRCL	+0.0279%	1h	94.505	−0.026%	$70.9M	$42.7M	10x	as long as short
Nado CRCL-PERP	+0.0307%	1h	94.428	−0.108%	$126K	$73K	3x	as long as short
Bitget CRCLUSDTlong	+0.0311%	8h	94.530	long leg	$16.8M	$35.4M	25x
Lighter CRCL	+0.0360%	1h	94.535	+0.005%	$3.0M	$2.2M	10x	as long as short
edgeX CRCLUSDC	+0.0390%	4h	94.300	−0.244%	$24K	$267K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.770	+0.254%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.440	−0.095%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.469	−0.065%	$431K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0809%	1h	94.510	−0.021%	$4K	$772K	10x	as long as short