CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.004%

Price spread now: Vest against Coinbase International−0.142%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.142% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

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	15m 59s	$906K	$490K	10x
Short	Vest CRCL-USD-PERP	91.660	−0.0069	pay 0.0009% / 1h	15m 59s	—	$31K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.142%Rate

Funding earned: −$17.91
Price spread: −0.142% → 0.000%: −$14.16
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$44.07
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 42 min ago; Vest: 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, 42 min ago	5.44 bp	10.4 bp −$10	16.3 bp −$163	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0984%	8h	91.970	+0.196%	$16.5M	$35.1M	25x	as long as short
Vest CRCL-USD-PERPshort	−0.0069%	1h	91.660	−0.142%	—	$31K	25x
Aster CRCLUSDT	0.0000%	8h	91.906	+0.127%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.905	+0.125%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.940	+0.163%	$104.6M	$389.7M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.950	+0.174%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.950	+0.174%	$418K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.980	+0.207%	$7.2M	$27.3M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.929	+0.151%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.850	+0.065%	$64K	$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	91.910	+0.131%	$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	+0.0026%	8h	91.930	+0.153%	$22.1M	$61.1M	50x	as long as short
QFEX CRCL-USD	+0.0028%	1h	91.910	+0.131%	$1.3M	$2.0M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.974	+0.200%	$975K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0034%	1h	91.886	+0.105%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.840	+0.054%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.883	+0.101%	$68.5M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.913	+0.134%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.945	+0.169%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.760	−0.033%	$1.0M	$5.1M	10x	as long as short
edgeX CRCLUSDC	+0.0065%	4h	91.827	+0.040%	$51K	$276K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.949	+0.174%	$135K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.880	+0.098%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.710	−0.087%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.910	+0.131%	$916	$2K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0101%	8h	91.927	+0.149%	$423	$905	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.919	+0.141%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.950	+0.174%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.825	+0.038%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0192%	1h	91.973	+0.199%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0302%	1h	91.874	+0.092%	$131K	$104K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.400	+0.665%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0730%	1h	91.940	+0.163%	$4K	$767K	10x	as long as short