CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.98 per $10,000 · paid last 24h −0.006%

Price spread now: Paradex against Bybit+0.024%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CRCLUSDT	93.760	0	get 0.0000% / 8h	7h 03m	$15.4M	$25.4M	50x
Short	Paradex CRCL-USD-PERP	93.782	0.0098	get 0.0098% / 8h	7h 03m	$769	$740	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.024%Rate

Funding earned: $20.67
Price spread: +0.024% → 0.000%: $2.35
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $8.03
Costs to cover: 0.150%
Break-even: 4.3 days

Slippage unknown: Bybit: live order book, 5 min ago; Paradex: 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 Bybit live order book, 5 min ago	1.06 bp	9.1 bp −$9	15.9 bp −$159	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.000	+0.256%	$940K	$620K	10x	as long as short
Bybit CRCLUSDTlong	0.0000%	8h	93.760	long leg	$15.4M	$25.4M	50x
Gate CRCL_USDT	0.0000%	8h	93.820	+0.064%	$7.2M	$27.1M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	93.790	+0.032%	$16.7M	$34.4M	25x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	93.950	+0.203%	$62K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	93.970	+0.224%	$1.0M	$49K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	93.785	+0.027%	$981K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	93.973	+0.227%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	93.730	−0.032%	$1.3M	$2.5M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	93.650	−0.117%	—	$37K	25x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CRCL	+0.0050%	1h	93.694	−0.070%	$71.5M	$40.8M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	93.713	−0.050%	$363K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	93.925	+0.176%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	93.730	−0.032%	$1.1M	$5.7M	10x	as long as short
Variational Omni CRCL	+0.0078%	8h	93.978	+0.232%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERPshort	+0.0098%	8h	93.782	+0.024%	$769	$740	5x
Pacifica CRCL	+0.0100%	1h	93.788	+0.030%	$75K	$96K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	93.770	+0.011%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	93.940	+0.192%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	93.730	−0.032%	$934	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	93.756	−0.004%	$4	—	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0126%	8h	93.750	−0.011%	$22.7M	$58.7M	50x	as long as short
Extended CRCL_24_5-USD	+0.0144%	1h	93.738	−0.023%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0147%	8h	93.740	−0.021%	$108.6M	$385.3M	50x	as long as short
Aster CRCLUSDT	+0.0152%	8h	93.894	+0.143%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0229%	1h	93.621	−0.148%	$144K	$85K	3x	as long as short
BloFin CRCL-USDT	+0.0278%	8h	93.940	+0.192%	$1.1M	$576K	20x	as long as short
Phoenix CRCL	+0.0296%	1h	93.980	+0.235%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0320%	1h	93.827	+0.071%	$3.0M	$2.3M	10x	as long as short
edgeX CRCLUSDC	+0.0340%	4h	94.103	+0.366%	$24K	$267K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.410	+0.693%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.000	+0.256%	$96K	$271K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	93.810	+0.054%	$428K	$297K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1029%	1h	93.970	+0.224%	$4K	$769K	10x	as long as short