CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h +0.014%

Price spread now: Aster against Bybit−0.067%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days+0.076%+$8 · spread now −0.067%, 7d avg −0.027%

Together, before fees+0.069%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.041% cheaper against Bybit than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.027%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CRCLUSDT	92.020	0	get 0.0000% / 8h	6h 22m	$15.0M	$25.8M	50x
Short	Aster CRCLUSDT	91.958	0.0065	get 0.0065% / 8h	6h 22m	$1.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now −0.067%Rate

Funding earned: $13.6
Price spread: −0.067% → −0.027%: −$4.07
Slippage, 4 orders: −$18.73
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$28.2
Costs to cover: 0.377%
Break-even: 21.5 days

Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 1 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 Bybit live order book, 1 min ago	0.54 bp	9.3 bp −$9	15.0 bp −$150	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	1.63 bp	7.8 bp −$8	12.2 bp −$122	doesn't fit	doesn't fit

CRCL on 33 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	−0.0683%	8h	92.060	+0.043%	$16.0M	$35.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0027%	1h	91.680	−0.369%	—	$40K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.950	−0.076%	$915K	$583K	10x	as long as short
Gate CRCL_USDT	−0.0004%	8h	92.020	0.000%	$7.1M	$26.7M	50x	as long as short
Bybit CRCLUSDTlong	0.0000%	8h	92.020	long leg	$15.0M	$25.8M	50x
RISEx CRCL/USDC	0.0000%	1h	91.996	−0.026%	$420K	$299K	10x	as long as short
Variational Omni CRCL	0.0000%	8h	92.310	+0.315%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.096	+0.083%	$71K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.950	−0.076%	$1.0M	$49K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0025%	1h	92.040	+0.021%	$2K	$23K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0032%	1h	92.014	−0.007%	$978K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.990	−0.033%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.923	−0.105%	$69.1M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.832	−0.204%	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.896	−0.135%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.810	−0.228%	$1.0M	$5.5M	10x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.980	−0.043%	$1.3M	$2.3M	10x	as long as short
Binance CRCLUSDT	+0.0058%	8h	92.001	−0.021%	$105.0M	$393.3M	50x	as long as short
OKX CRCL-USDT-SWAP	+0.0063%	8h	92.010	−0.011%	$21.7M	$60.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0064%	1h	91.965	−0.059%	$1.1M	$5.7M	10x	as long as short
Aster CRCLUSDTshort	+0.0065%	8h	91.958	−0.067%	$1.1M	$4.9M	20x
Paradex CRCL-USD-PERP	+0.0075%	8h	91.996	−0.026%	$754	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.984	−0.039%	$129K	$153K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.020	0.000%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.120	+0.109%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.860	−0.174%	$916	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.877	−0.156%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0158%	1h	91.884	−0.148%	$131K	$103K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0185%	1h	91.890	−0.141%	$4K	$769K	10x	as long as short
Lighter CRCL	+0.0216%	1h	92.002	−0.020%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	92.115	+0.103%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.500	+0.522%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0566%	4h	92.183	+0.177%	$23K	$267K	10x	as long as short