Settings8H · net · $10k
Funding arb · Price arb /

CRCL

RWAall CRCL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0218%/8h= +23.9% APRnext payment +$2.18 per $10,000 · paid last 24h −0.045%
Price spread now: GRVT against BloFin+0.032%102s7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.312%−$31 on $10k
Price spread, last 4 days (all we have)+0.175%+$17 · spread now +0.032%, 7d avg +0.048%
Together, before fees−0.137%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.312%, so the current rate has only just turned in your favour. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRCL-USDT92.3700.0464pay 0.0464% / 8h6h 17m$1.1M$1.7M20x
ShortGRVT CRCL_USDT_Perp92.4000.0682get 0.0682% / 8h6h 17m$70K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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

Funding earned
$45.76
Price spread: +0.032% → +0.048%
−$1.51
Slippage, 4 orders
−$17.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$5.49
Costs to cover
0.388%
Break-even
6.2 days
Slippage from BloFin: live order book, 3 min ago; GRVT: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago1.08 bp8.6 bp −$912.3 bp −$12336.6 bp −$3,658doesn't fit
Sell GRVT live order book, 4 min ago0.54 bp12.0 bp −$1217.9 bp −$179doesn't fitdoesn't fit

CRCL on 34 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CRCL-USD-PERP−0.0021%1h92.270−0.108%$30K25xas long as short
Bybit CRCLUSDT0.0000%8h92.460+0.097%$15.0M$25.2M50xas long as short
Bitget CRCLUSDT0.0000%8h92.480+0.119%$18.1M$34.0M25xas long as short
Phemex CRCLUSDT0.0000%4h92.430+0.065%$1.0M$45K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0008%1h92.390+0.022%$856K$704K10xas long as short
edgeX CRCLUSDC+0.0031%4h92.350−0.022%$53K$269K10xas long as short
Lighter RH CRCL+0.0032%1h92.456+0.093%$999K$2.5M10xas long as short
Aftermath Perps CRCLUSD+0.0040%1h92.305−0.070%$2K$29K5xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.470+0.108%$67.6M$40.7M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.483+0.122%$380K$852K10xas long as short
Show all 34 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CRCL-USD+0.0050%1h92.466+0.104%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h92.410+0.043%$1.1M$3.9M10xas long as short
Gate CRCL_USDT+0.0061%8h92.510+0.152%$7.3M$25.8M50xas long as short
QFEX CRCL-USD+0.0080%1h92.430+0.065%$1.3M$1.6M10xas long as short
Pacifica CRCL+0.0100%1h92.460+0.097%$138K$141K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.360−0.011%$2.6M$1.6M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.270−0.108%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.460+0.097%$922$1K10xas long as short
Paradex CRCL-USD-PERP+0.0104%8h92.461+0.099%$425$4775xas long as short
Aevo CRCL-PERP+0.0104%1h92.518+0.160%$410xas long as short
Phoenix CRCL+0.0199%1h92.188−0.197%$27K$66K10xas long as short
Lighter CRCL+0.0240%1h92.517+0.159%$3.0M$2.1M10xas long as short
Variational Omni CRCL+0.0258%8h92.386+0.017%$2.5M$3.3Mas long as short
Deribit CRCL_USDC-PERPETUAL+0.0291%1h92.470+0.108%$5K$488K10xas long as short
Nado CRCL-PERP+0.0314%1h92.403+0.036%$151K$112K3xas long as short
OKX CRCL-USDT-SWAP+0.0326%8h92.470+0.108%$22.8M$57.5M50xas long as short
Extended CRCL_24_5-USD+0.0344%1h92.432+0.067%$1.1M$4.3M10xas long as short
Aster CRCLUSDT+0.0344%8h92.475+0.114%$1.1M$4.5M20xas long as short
Binance CRCLUSDT+0.0350%8h92.450+0.087%$106.6M$361.2M50xas long as short
Arcus CRCL-USD+0.0368%1h92.440+0.076%$96K$226K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.090−0.303%$38K$172K30xas long as short
BloFin CRCL-USDTlong+0.0464%8h92.370long leg$1.1M$1.7M20x
RISEx CRCL/USDC+0.0479%1h92.460+0.097%$410K$243K10xas long as short
GRVT CRCL_USDT_Perpshort+0.0682%8h92.400+0.032%$70K$1.0M10x