CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.008%

Price spread now: Pacifica against Coinbase International+0.117%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$10 on $10k

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

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.117% dearer against Coinbase International than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International CRCL-PERP-INTX	94.390	0.0032	pay 0.0004% / 1h	49m 13s	$939K	$722K	10x
Short	Pacifica CRCL	94.500	0.0100	get 0.0013% / 1h	49m 13s	$76K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 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 Coinbase InternationalbpFee PacificabpOrdersPrice spread, now +0.117%Rate

Funding earned: $14.28
Price spread: +0.117% → 0.000%: $11.65
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $7.93
Costs to cover: 0.180%
Break-even: 3.1 days

Slippage unknown: Coinbase International: live order book, 29 min ago; Pacifica: 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, 29 min ago	4.24 bp	9.7 bp −$10	15.7 bp −$157	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	94.520	+0.138%	$7.2M	$27.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.490	+0.106%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.520	+0.138%	$1.4M	$2.7M	10x	as long as short
Coinbase International CRCL-PERP-INTXlong	+0.0032%	1h	94.390	long leg	$939K	$722K	10x
Vest CRCL-USD-PERP	+0.0046%	1h	94.420	+0.032%	—	$45K	25x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.486	+0.102%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.390	0.000%	$1.1M	$5.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0051%	1h	94.512	+0.130%	$2K	$20K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0078%	1h	94.465	+0.079%	$366K	$1.1M	10x	as long as short
Bybit CRCLUSDT	+0.0094%	8h	94.510	+0.127%	$15.5M	$25.8M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCLshort	+0.0100%	1h	94.500	+0.117%	$76K	$99K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.520	+0.138%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.450	+0.064%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.490	+0.106%	$942	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.493	+0.109%	$4	—	10x	as long as short
Lighter RH CRCL	+0.0112%	1h	94.505	+0.122%	$891K	$2.9M	10x	as long as short
Variational Omni CRCL	+0.0113%	8h	94.523	+0.141%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERP	+0.0128%	8h	94.529	+0.148%	$775	$740	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0149%	8h	94.544	+0.164%	$63K	$1.1M	10x	as long as short
Extended CRCL_24_5-USD	+0.0168%	1h	94.491	+0.107%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0171%	8h	94.503	+0.120%	$108.8M	$388.6M	50x	as long as short
Aster CRCLUSDT	+0.0184%	8h	94.428	+0.040%	$1.1M	$4.9M	20x	as long as short
edgeX CRCLUSDC	+0.0189%	4h	94.530	+0.149%	$24K	$268K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0200%	8h	94.500	+0.117%	$22.8M	$60.5M	50x	as long as short
Phoenix CRCL	+0.0288%	1h	94.557	+0.177%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0291%	8h	94.510	+0.127%	$1.1M	$589K	20x	as long as short
tradeXYZ xyz:CRCL	+0.0292%	1h	94.469	+0.084%	$70.8M	$42.7M	10x	as long as short
Bitget CRCLUSDT	+0.0312%	8h	94.500	+0.117%	$16.8M	$35.3M	25x	as long as short
Nado CRCL-PERP	+0.0318%	1h	94.428	+0.040%	$126K	$73K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.950	+0.593%	$5K	$19K	30x	as long as short
Lighter CRCL	+0.0448%	1h	94.518	+0.136%	$3.0M	$2.2M	10x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.500	+0.117%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.554	+0.173%	$431K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1022%	1h	94.490	+0.106%	$4K	$772K	10x	as long as short