CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.057%

Price spread now: Orderly against BloFin−0.055%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CRCL-USDT	91.430	0.0200	pay 0.0200% / 8h	1h 50m	$1.1M	$1.6M	20x
Short	Orderly PERP_CRCL_USDC_mythos	91.380	0.0100	get 0.0100% / 8h	1h 50m	$911	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee BloFinbpFee OrderlybpOrdersPrice spread, now −0.055%Rate

Funding earned: −$20.96
Price spread: −0.055% → 0.000%: −$5.47
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$44.43
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; Orderly: 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, 2 min ago	1.09 bp	7.7 bp −$8	13.2 bp −$132	31.0 bp −$3,096	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 CRCLUSDT	−0.0735%	8h	91.530	+0.109%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0083%	1h	91.110	−0.350%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.460	+0.033%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.520	+0.098%	$7.8M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.430	0.000%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.410	−0.022%	$1.0M	$48K	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.410	−0.022%	$93K	$289K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	91.369	−0.067%	$2K	$27K	5x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.375	−0.060%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.290	−0.153%	$1.1M	$5.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.470	+0.044%	$891K	$605K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.460	+0.033%	$1.3M	$1.8M	10x	as long as short
Aster CRCLUSDT	+0.0069%	8h	91.461	+0.034%	$1.0M	$5.1M	20x	as long as short
Extended CRCL_24_5-USD	+0.0080%	1h	91.458	+0.031%	$1.0M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0081%	8h	91.467	+0.040%	$104.6M	$397.4M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.460	+0.033%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.460	+0.033%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.330	−0.109%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythosshort	+0.0100%	8h	91.380	−0.055%	$911	$2K	10x
Aevo CRCL-PERP	+0.0104%	1h	91.396	−0.037%	$4	—	10x	as long as short
Lighter RH CRCL	+0.0152%	1h	91.452	+0.024%	$977K	$2.7M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0172%	8h	91.443	+0.014%	$421	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0173%	8h	91.430	0.000%	$65K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0181%	8h	91.510	+0.087%	$22.2M	$62.7M	50x	as long as short
tradeXYZ xyz:CRCL	+0.0187%	1h	91.392	−0.042%	$67.7M	$44.3M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0190%	1h	91.373	−0.062%	$383K	$1.3M	10x	as long as short
BloFin CRCL-USDTlong	+0.0200%	8h	91.430	long leg	$1.1M	$1.6M	20x
edgeX CRCLUSDC	+0.0226%	4h	91.425	−0.006%	$52K	$277K	10x	as long as short
Phoenix CRCL	+0.0245%	1h	91.374	−0.061%	$27K	$82K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.486	+0.061%	$417K	$269K	10x	as long as short
Lighter CRCL	+0.0384%	1h	91.456	+0.028%	$2.9M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.930	+0.547%	$5K	$19K	30x	as long as short
Nado CRCL-PERP	+0.0447%	1h	91.295	−0.148%	$134K	$109K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0736%	1h	91.370	−0.066%	$5K	$769K	10x	as long as short