Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.011%
Price spread now: Aevo against Coinbase International+0.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.143% dearer against Coinbase International than usual: you sell high and buy low: +$14 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 | Coinbase International CRCL-PERP-INTX | 91.790 | 0.0016 | pay 0.0002% / 1h | 22m 50s | $906K | $490K | 10x |
| Short | Aevo CRCL-PERP | 91.921 | 0.0104 | get 0.0013% / 1h | 22m 50s | $4 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Coinbase International. 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
- $18.48
- Price spread: +0.143% → 0.000%
- $14.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $6.74
- Costs to cover
- 0.260%
- Break-even
- 4.4 days
Slippage unknown: Coinbase International: live order book, 36 min ago; Aevo: 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 Coinbase International live order book, 36 min ago | 5.44 bp | 10.4 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.1021% | 8h | 92.000 | +0.229% | $16.4M | $35.0M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0068% | 1h | 91.550 | −0.261% | — | $31K | 25x | as long as short |
| Aster CRCLUSDT | 0.0000% | 8h | 91.916 | +0.138% | $1.1M | $5.0M | 20x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 91.927 | +0.149% | $1.1M | $5.6M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 91.940 | +0.163% | $104.7M | $389.6M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.960 | +0.185% | $14.9M | $26.4M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.819 | +0.031% | $417K | $299K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.040 | +0.272% | $7.3M | $27.2M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.818 | +0.031% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.726 | −0.069% | $65K | $1.1M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRCLUSDT | 0.0000% | 4h | 91.900 | +0.120% | $1.0M | $49K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTXlong | +0.0016% | 1h | 91.790 | long leg | $906K | $490K | 10x | |
| OKX CRCL-USDT-SWAP | +0.0020% | 8h | 91.950 | +0.174% | $22.1M | $61.1M | 50x | as long as short |
| QFEX CRCL-USD | +0.0028% | 1h | 91.800 | +0.011% | $1.3M | $2.0M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.958 | +0.183% | $975K | $2.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0032% | 1h | 91.770 | −0.022% | $2K | $25K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.750 | −0.044% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.874 | +0.092% | $68.5M | $41.6M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.809 | +0.021% | $358K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.849 | +0.064% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.720 | −0.076% | $1.0M | $5.1M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0092% | 8h | 91.777 | −0.014% | $422 | $905 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.750 | −0.044% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.910 | +0.131% | $2.7M | $2.0M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.730 | −0.065% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.890 | +0.109% | $916 | $2K | 10x | as long as short |
| Aevo CRCL-PERPshort | +0.0104% | 1h | 91.921 | +0.143% | $4 | — | 10x | |
| BloFin CRCL-USDT | +0.0120% | 8h | 91.910 | +0.131% | $1.1M | $1.3M | 20x | as long as short |
| Phoenix CRCL | +0.0148% | 1h | 91.779 | −0.012% | $27K | $83K | 10x | as long as short |
| Lighter CRCL | +0.0176% | 1h | 91.961 | +0.186% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0290% | 1h | 91.729 | −0.066% | $130K | $104K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.270 | +0.523% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0621% | 1h | 91.910 | +0.131% | $4K | $767K | 10x | as long as short |
| edgeX CRCLUSDC | +0.1000% | 4h | 91.855 | +0.071% | $51K | $275K | 10x | as long as short |
Coinbase International CRCL-PERP-INTX
Bitget CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
OKX CRCL-USDT-SWAP
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
edgeX CRCLUSDC