Funding you earn now, next payment 00:00 UTC−0.0314%/8h= −34.4% APRpaid last 24h −0.025%
Price spread now: Ondo Perps against BloFin−0.264%95s7-day average −0.111% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.264%, 7d avg −0.111%
=Together, before fees−0.140%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.153% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.111%). Swap the legs. The two prices were read 95 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 | 94.810 | 0.0365 | pay 0.0365% / 8h | 17m 44s | $1.1M | $601K | 20x |
| Short | Ondo Perps CRCL-USD.P | 94.560 | 0.0050 | get 0.0006% / 1h | 17m 44s | $1.1M | $5.9M | 10x |
BloFin CRCL-USDT
Ondo Perps CRCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$65.98
- Price spread: −0.264% → −0.111%
- −$15.26
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$98.24
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: 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 BloFin live order book, 5 min ago | 1.58 bp | 11.0 bp −$11 | 18.0 bp −$180 | 45.9 bp −$4,585 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CRCL_USDT | 0.0000% | 8h | 94.690 | −0.127% | $7.2M | $27.7M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.660 | −0.158% | $1.0M | $52K | 10x | as long as short |
| QFEX CRCL-USD | +0.0022% | 1h | 94.760 | −0.053% | $1.4M | $2.8M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.636 | −0.184% | $896K | $2.9M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 94.510 | −0.316% | $940K | $723K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.680 | −0.137% | — | $45K | 25x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.782 | −0.030% | $367K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.600 | −0.221% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Pshort | +0.0050% | 1h | 94.560 | −0.264% | $1.1M | $5.9M | 10x | |
| Aftermath Perps CRCLUSD | +0.0053% | 1h | 94.779 | −0.033% | $2K | $21K | 5x | as long as short |
Gate CRCL_USDT
Phemex CRCLUSDT
QFEX CRCL-USD
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Vest CRCL-USD-PERP
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Aftermath Perps CRCLUSDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRCL | +0.0100% | 1h | 94.590 | −0.232% | $76K | $99K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.660 | −0.158% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.620 | −0.200% | $70K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.630 | −0.190% | $943 | $3K | 10x | as long as short |
| Bybit CRCLUSDT | +0.0103% | 8h | 94.670 | −0.148% | $15.5M | $25.9M | 50x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.705 | −0.110% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0119% | 8h | 94.633 | −0.187% | $776 | $740 | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0166% | 1h | 94.558 | −0.266% | $71.8M | $43.4M | 10x | as long as short |
| Variational Omni CRCL | +0.0184% | 8h | 94.712 | −0.103% | $2.5M | $3.1M | — | as long as short |
| OKX CRCL-USDT-SWAP | +0.0195% | 8h | 94.620 | −0.200% | $22.9M | $60.8M | 50x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0233% | 8h | 94.746 | −0.067% | $61K | $1.1M | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.0248% | 1h | 94.632 | −0.188% | $1.1M | $3.8M | 10x | as long as short |
| Binance CRCLUSDT | +0.0250% | 8h | 94.620 | −0.200% | $109.7M | $390.5M | 50x | as long as short |
| Aster CRCLUSDT | +0.0253% | 8h | 94.660 | −0.158% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0273% | 1h | 94.723 | −0.092% | $127K | $73K | 3x | as long as short |
| Phoenix CRCL | +0.0288% | 1h | 94.779 | −0.033% | $28K | $92K | 10x | as long as short |
| Bitget CRCLUSDT | +0.0303% | 8h | 94.640 | −0.179% | $16.9M | $35.5M | 25x | as long as short |
| Lighter CRCL | +0.0344% | 1h | 94.666 | −0.152% | $3.1M | $2.2M | 10x | as long as short |
| BloFin CRCL-USDTlong | +0.0365% | 8h | 94.810 | long leg | $1.1M | $601K | 20x | |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 95.560 | +0.791% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0490% | 1h | 94.620 | −0.200% | $4K | $772K | 10x | as long as short |
| Arcus CRCL-USD | +0.0533% | 1h | 94.600 | −0.221% | $97K | $276K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0534% | 1h | 94.800 | −0.011% | $432K | $303K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0768% | 4h | 94.705 | −0.111% | $24K | $268K | 10x | as long as short |
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Bybit CRCLUSDT
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
tradeXYZ xyz:CRCL
Variational Omni CRCL
OKX CRCL-USDT-SWAP
GRVT CRCL_USDT_Perp
Extended CRCL_24_5-USD
Binance CRCLUSDT
Aster CRCLUSDT
Nado CRCL-PERP
Phoenix CRCL
Bitget CRCLUSDT
Lighter CRCL
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
Arcus CRCL-USD
RISEx CRCL/USDC
edgeX CRCLUSDC