CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%

Price spread now: KuCoin against Bitget−0.130%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1491.490% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.113%+$11 · spread now −0.130%, 7d avg −0.024%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.106% cheaper against Bitget than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.024%). If the spread goes back, that is −$11 on $10k: about 3.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRCLUSDT	92.480	0	get 0.0000% / 8h	6h 17m	$18.1M	$34.0M	25x
Short	KuCoin CRCLUSDTM	92.360	0.0100	get 0.0100% / 8h	6h 17m	$2.6M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.130%Rate

Funding earned: $21
Price spread: −0.130% → −0.024%: −$10.62
Slippage, 4 orders: −$125.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$138.65
Costs to cover: 1.490%
Break-even: 53.2 days

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago	2.16 bp	11.3 bp −$11	16.7 bp −$167	38.1 bp −$3,807	doesn't fit
Sell KuCoin live order book, 2 min ago	1.08 bp	38.1 bp −$38	doesn't fit	doesn't fit	doesn't fit

CRCL on 34 exchanges

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
Vest CRCL-USD-PERP	−0.0021%	1h	92.270	−0.227%	—	$30K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.460	−0.022%	$15.0M	$25.2M	50x	as long as short
Bitget CRCLUSDTlong	0.0000%	8h	92.480	long leg	$18.1M	$34.0M	25x
Phemex CRCLUSDT	0.0000%	4h	92.430	−0.054%	$1.0M	$45K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0008%	1h	92.390	−0.097%	$856K	$704K	10x	as long as short
edgeX CRCLUSDC	+0.0031%	4h	92.350	−0.141%	$53K	$269K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.456	−0.026%	$999K	$2.5M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0040%	1h	92.305	−0.189%	$2K	$29K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	92.470	−0.011%	$67.6M	$40.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.483	+0.003%	$380K	$852K	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CRCL-USD	+0.0050%	1h	92.466	−0.015%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.410	−0.076%	$1.1M	$3.9M	10x	as long as short
Gate CRCL_USDT	+0.0061%	8h	92.510	+0.032%	$7.3M	$25.8M	50x	as long as short
QFEX CRCL-USD	+0.0080%	1h	92.430	−0.054%	$1.3M	$1.6M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	92.460	−0.022%	$138K	$141K	10x	as long as short
KuCoin CRCLUSDTMshort	+0.0100%	8h	92.360	−0.130%	$2.6M	$1.6M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	92.270	−0.227%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.460	−0.022%	$922	$1K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0104%	8h	92.461	−0.020%	$425	$477	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.518	+0.041%	$4	—	10x	as long as short
Phoenix CRCL	+0.0199%	1h	92.188	−0.316%	$27K	$66K	10x	as long as short
Lighter CRCL	+0.0240%	1h	92.517	+0.040%	$3.0M	$2.1M	10x	as long as short
Variational Omni CRCL	+0.0258%	8h	92.386	−0.102%	$2.5M	$3.3M	—	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0291%	1h	92.470	−0.011%	$5K	$488K	10x	as long as short
Nado CRCL-PERP	+0.0314%	1h	92.403	−0.083%	$151K	$112K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0326%	8h	92.470	−0.011%	$22.8M	$57.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0344%	1h	92.432	−0.052%	$1.1M	$4.3M	10x	as long as short
Aster CRCLUSDT	+0.0344%	8h	92.475	−0.005%	$1.1M	$4.5M	20x	as long as short
Binance CRCLUSDT	+0.0350%	8h	92.450	−0.032%	$106.6M	$361.2M	50x	as long as short
Arcus CRCL-USD	+0.0368%	1h	92.440	−0.043%	$96K	$226K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.090	−0.422%	$38K	$172K	30x	as long as short
BloFin CRCL-USDT	+0.0464%	8h	92.370	−0.119%	$1.1M	$1.7M	20x	as long as short
RISEx CRCL/USDC	+0.0479%	1h	92.460	−0.022%	$410K	$243K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0682%	8h	92.400	−0.087%	$70K	$1.0M	10x	as long as short