CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h −0.086%

Price spread now: ApeX Omni against Deribit−0.055%74s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.055% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit CRCL_USDC-PERPETUAL	91.170	0.0299	pay 0.0037% / 1h	8m 03s	$5K	$769K	10x
Short	ApeX Omni CRCLUSDT	91.120	0.0100	get 0.0013% / 1h	8m 03s	$67K	$4K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now −0.055%Rate

Funding earned: −$41.73
Price spread: −0.055% → 0.000%: −$5.48
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$64.22
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 31 min ago; ApeX Omni: 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 Deribit live order book, 31 min ago	6.00 bp	9.5 bp −$9	11.8 bp −$118	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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	−0.0354%	8h	91.250	+0.088%	$17.3M	$36.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0082%	1h	90.890	−0.307%	—	$31K	25x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.230	+0.066%	$7.8M	$28.0M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.220	+0.055%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.214	+0.048%	$982K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	91.150	−0.022%	$2K	$29K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.190	+0.022%	$95K	$296K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.170	0.000%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.150	−0.022%	$1.1M	$4.8M	10x	as long as short
Bybit CRCLUSDT	+0.0061%	8h	91.240	+0.077%	$14.8M	$26.5M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0071%	1h	91.190	+0.022%	$1.3M	$1.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.070	−0.110%	$871K	$500K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0089%	1h	91.122	−0.053%	$67.2M	$44.3M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.180	+0.011%	$134K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.210	+0.044%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDTshort	+0.0100%	1h	91.120	−0.055%	$67K	$4K	50x
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.170	0.000%	$909	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.199	+0.032%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0128%	8h	91.194	+0.026%	$2.4M	$3.3M	—	as long as short
Polymarket Perps CRCL-USD	+0.0153%	1h	91.167	−0.003%	$377K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0158%	8h	91.189	+0.021%	$419	$905	5x	as long as short
Aster CRCLUSDT	+0.0195%	8h	91.241	+0.077%	$1.0M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0208%	1h	91.179	+0.010%	$1.0M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0210%	8h	91.180	+0.011%	$104.7M	$389.3M	50x	as long as short
Phoenix CRCL	+0.0227%	1h	91.187	+0.019%	$27K	$74K	10x	as long as short
Lighter CRCL	+0.0248%	1h	91.221	+0.056%	$2.9M	$2.4M	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0250%	8h	91.217	+0.051%	$70K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0285%	8h	91.190	+0.022%	$22.3M	$61.6M	50x	as long as short
Deribit CRCL_USDC-PERPETUALlong	+0.0299%	1h	91.170	long leg	$5K	$769K	10x
BloFin CRCL-USDT	+0.0329%	8h	91.200	+0.033%	$1.1M	$1.7M	20x	as long as short
Nado CRCL-PERP	+0.0435%	1h	91.121	−0.054%	$133K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.740	+0.625%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0466%	1h	91.195	+0.027%	$412K	$269K	10x	as long as short
edgeX CRCLUSDC	+0.0810%	4h	91.207	+0.041%	$52K	$269K	10x	as long as short