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 − costs—prices read too far apart to compare
costs, in and out, $10k−$390.388% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CRCL-USDT | 92.370 | 0.0464 | pay 0.0464% / 8h | 6h 17m | $1.1M | $1.7M | 20x |
| Short | GRVT CRCL_USDT_Perp | 92.400 | 0.0682 | get 0.0682% / 8h | 6h 17m | $70K | $1.0M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 3 min ago | 1.08 bp | 8.6 bp −$9 | 12.3 bp −$123 | 36.6 bp −$3,658 | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.54 bp | 12.0 bp −$12 | 17.9 bp −$179 | 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 | −0.108% | — | $30K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.460 | +0.097% | $15.0M | $25.2M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 92.480 | +0.119% | $18.1M | $34.0M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.430 | +0.065% | $1.0M | $45K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0008% | 1h | 92.390 | +0.022% | $856K | $704K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0031% | 4h | 92.350 | −0.022% | $53K | $269K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.456 | +0.093% | $999K | $2.5M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0040% | 1h | 92.305 | −0.070% | $2K | $29K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.470 | +0.108% | $67.6M | $40.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.483 | +0.122% | $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 | +0.104% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.410 | +0.043% | $1.1M | $3.9M | 10x | as long as short |
| Gate CRCL_USDT | +0.0061% | 8h | 92.510 | +0.152% | $7.3M | $25.8M | 50x | as long as short |
| QFEX CRCL-USD | +0.0080% | 1h | 92.430 | +0.065% | $1.3M | $1.6M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.460 | +0.097% | $138K | $141K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.360 | −0.011% | $2.6M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.270 | −0.108% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.460 | +0.097% | $922 | $1K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0104% | 8h | 92.461 | +0.099% | $425 | $477 | 5x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.518 | +0.160% | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.0199% | 1h | 92.188 | −0.197% | $27K | $66K | 10x | as long as short |
| Lighter CRCL | +0.0240% | 1h | 92.517 | +0.159% | $3.0M | $2.1M | 10x | as long as short |
| Variational Omni CRCL | +0.0258% | 8h | 92.386 | +0.017% | $2.5M | $3.3M | — | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0291% | 1h | 92.470 | +0.108% | $5K | $488K | 10x | as long as short |
| Nado CRCL-PERP | +0.0314% | 1h | 92.403 | +0.036% | $151K | $112K | 3x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0326% | 8h | 92.470 | +0.108% | $22.8M | $57.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0344% | 1h | 92.432 | +0.067% | $1.1M | $4.3M | 10x | as long as short |
| Aster CRCLUSDT | +0.0344% | 8h | 92.475 | +0.114% | $1.1M | $4.5M | 20x | as long as short |
| Binance CRCLUSDT | +0.0350% | 8h | 92.450 | +0.087% | $106.6M | $361.2M | 50x | as long as short |
| Arcus CRCL-USD | +0.0368% | 1h | 92.440 | +0.076% | $96K | $226K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.090 | −0.303% | $38K | $172K | 30x | as long as short |
| BloFin CRCL-USDTlong | +0.0464% | 8h | 92.370 | long leg | $1.1M | $1.7M | 20x | |
| RISEx CRCL/USDC | +0.0479% | 1h | 92.460 | +0.097% | $410K | $243K | 10x | as long as short |
| GRVT CRCL_USDT_Perpshort | +0.0682% | 8h | 92.400 | +0.032% | $70K | $1.0M | 10x |
BloFin CRCL-USDT
GRVT CRCL_USDT_Perp
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Coinbase International CRCL-PERP-INTX
edgeX CRCLUSDC
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Gate CRCL_USDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Paradex CRCL-USD-PERP
Phoenix CRCL
Lighter CRCL
Variational Omni CRCL
Deribit CRCL_USDC-PERPETUAL
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Aster CRCLUSDT
Binance CRCLUSDT
Injective CRCL/USDC PERP
RISEx CRCL/USDC