Funding you earn now, next payment 06:00 UTC+0.1042%/8h= +114.1% APRpaid last 24h −0.040%
Price spread now: Ondo Perps against Bitget−0.219%50s7-day average −0.181% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.219%, 7d avg −0.181%
=Together, before fees−0.189%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.181%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$31 a day). Mind the row above: over the last 7 days funding on this pair cost −0.255%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.255% in total (about -13.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRCLUSDT | 91.410 | −0.0992 | get 0.0992% / 8h | 2h 13m | $17.0M | $36.7M | 25x |
| Short | Ondo Perps CRCL-USD.P | 91.210 | 0.0050 | get 0.0006% / 1h | 13m 50s | $1.1M | $5.2M | 10x |
Bitget CRCLUSDT
Ondo Perps CRCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $218.9
- Price spread: −0.219% → −0.181%
- −$3.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $198.08
- Costs to cover
- 0.170%
- Break-even
- 0.7 days
Slippage unknown: Bitget: live order book, 5 min ago; Ondo Perps: 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 Bitget live order book, 5 min ago | 1.64 bp | 9.0 bp −$9 | 14.2 bp −$142 | 33.8 bp −$3,382 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDTlong | −0.0992% | 8h | 91.410 | long leg | $17.0M | $36.7M | 25x | |
| Vest CRCL-USD-PERP | −0.0079% | 1h | 91.010 | −0.438% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.350 | −0.066% | $14.6M | $26.9M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.370 | −0.044% | $7.6M | $27.6M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.280 | −0.142% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.350 | −0.066% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0025% | 8h | 91.311 | −0.109% | $1.0M | $5.1M | 20x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.332 | −0.085% | $973K | $2.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0036% | 1h | 91.173 | −0.259% | $2K | $27K | 5x | as long as short |
| Extended CRCL_24_5-USD | +0.0040% | 1h | 91.312 | −0.107% | $1.0M | $5.7M | 10x | as long as short |
Vest CRCL-USD-PERP
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Aster CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
Extended CRCL_24_5-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRCLUSDT | +0.0040% | 8h | 91.343 | −0.074% | $103.8M | $396.7M | 50x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.220 | −0.208% | $93K | $289K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.276 | −0.147% | $68.2M | $43.5M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.301 | −0.119% | $382K | $1.3M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.321 | −0.097% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Pshort | +0.0050% | 1h | 91.210 | −0.219% | $1.1M | $5.2M | 10x | |
| QFEX CRCL-USD | +0.0054% | 1h | 91.340 | −0.077% | $1.4M | $1.8M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0072% | 1h | 91.190 | −0.241% | $888K | $603K | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.290 | −0.131% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.240 | −0.186% | $2.7M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.210 | −0.219% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.300 | −0.120% | $910 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.315 | −0.104% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0117% | 8h | 91.307 | −0.112% | $420 | $905 | 5x | as long as short |
| RISEx CRCL/USDC | +0.0117% | 1h | 91.325 | −0.093% | $416K | $294K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0120% | 8h | 91.310 | −0.109% | $65K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0135% | 8h | 91.370 | −0.044% | $22.1M | $62.4M | 50x | as long as short |
| BloFin CRCL-USDT | +0.0158% | 8h | 91.350 | −0.066% | $1.1M | $1.6M | 20x | as long as short |
| Phoenix CRCL | +0.0210% | 1h | 91.287 | −0.135% | $27K | $82K | 10x | as long as short |
| Lighter CRCL | +0.0232% | 1h | 91.335 | −0.082% | $2.9M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0317% | 1h | 91.224 | −0.203% | $133K | $108K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 91.760 | +0.383% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0664% | 4h | 91.250 | −0.176% | $52K | $278K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0737% | 1h | 91.310 | −0.109% | $4K | $768K | 10x | as long as short |
Binance CRCLUSDT
Arcus CRCL-USD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
QFEX CRCL-USD
Coinbase International CRCL-PERP-INTX
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
RISEx CRCL/USDC
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Nado CRCL-PERP
Injective CRCL/USDC PERP
edgeX CRCLUSDC
Deribit CRCL_USDC-PERPETUAL