CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0111%/8h= +12.1% APRpaid last 24h +0.026%

Price spread now: Variational Omni against Coinbase International+0.241%7-day average +0.051% · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.099%−$10 on $10k

Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.241%, 7d avg +0.051%

Together, before fees−0.375%+ Points / potential airdropVariational Omni: Active · farm board−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.190% dearer against Coinbase International than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.051%. Mind the row above: over the last 4 days funding on this pair cost −0.099%, 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	91.320	0.0032	pay 0.0004% / 1h	48m 54s	$874K	$503K	10x
Short	Variational Omni CRCL	91.540	0.0143	get 0.0143% / 8h	7h 48m	$2.4M	$3.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.241%Rate

Funding earned: $23.26
Price spread: +0.241% → +0.051%: $18.98
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $32.25
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 49 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 49 min ago	2.73 bp	8.3 bp −$8	15.4 bp −$154	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	3.46 bp	doesn't fit	17.1 bp −$171	doesn't fit	doesn't fit

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	−0.0224%	8h	91.490	+0.186%	$17.4M	$36.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0089%	1h	91.210	−0.120%	—	$31K	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.470	+0.164%	$1.0M	$48K	10x	as long as short
Gate CRCL_USDT	+0.0025%	8h	91.490	+0.186%	$7.8M	$26.2M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.461	+0.154%	$985K	$2.4M	10x	as long as short
Coinbase International CRCL-PERP-INTXlong	+0.0032%	1h	91.320	long leg	$874K	$503K	10x
Aftermath Perps CRCLUSD	+0.0038%	1h	91.368	+0.052%	$2K	$29K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.470	+0.164%	$95K	$287K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.385	+0.071%	$67.4M	$44.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.400	+0.088%	$378K	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CRCL-USD	+0.0050%	1h	91.460	+0.153%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.400	+0.088%	$1.1M	$4.8M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	91.390	+0.077%	$1.3M	$1.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.480	+0.175%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.400	+0.088%	$2.6M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.210	−0.120%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.490	+0.186%	$912	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.498	+0.195%	$4	—	10x	as long as short
Bybit CRCLUSDT	+0.0126%	8h	91.460	+0.153%	$14.9M	$26.5M	50x	as long as short
Variational Omni CRCLshort	+0.0143%	8h	91.540	+0.241%	$2.4M	$3.3M	—
Paradex CRCL-USD-PERP	+0.0147%	8h	91.497	+0.194%	$421	$766	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0151%	8h	91.371	+0.056%	$62K	$1.1M	10x	as long as short
Lighter CRCL	+0.0184%	1h	91.459	+0.152%	$2.9M	$2.1M	10x	as long as short
Aster CRCLUSDT	+0.0214%	8h	91.482	+0.178%	$1.0M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0231%	8h	91.470	+0.164%	$105.1M	$388.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0232%	1h	91.447	+0.139%	$1.1M	$5.1M	10x	as long as short
Phoenix CRCL	+0.0254%	1h	91.478	+0.173%	$27K	$66K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0292%	8h	91.480	+0.175%	$22.3M	$61.7M	50x	as long as short
Nado CRCL-PERP	+0.0319%	1h	91.438	+0.129%	$134K	$109K	3x	as long as short
BloFin CRCL-USDT	+0.0351%	8h	91.510	+0.208%	$1.1M	$1.7M	20x	as long as short
edgeX CRCLUSDC	+0.0355%	4h	91.326	+0.007%	$52K	$270K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.950	+0.690%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0501%	1h	91.489	+0.185%	$413K	$258K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0516%	1h	91.480	+0.175%	$5K	$769K	10x	as long as short