Funding you earn now, next payment 12:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h −0.122%
Price spread now: Variational Omni against edgeX+0.202%104s7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.574%−$57 on $10k
+Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.202%, 7d avg +0.004%
=Together, before fees−0.896%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$90 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 0.198% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 4 days funding on this pair cost −0.574%, so the current rate has only just turned in your favour. The two prices were read 104 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 | edgeX CRCLUSDC | 92.199 | 0.0164 | pay 0.0082% / 4h | 2h 19m | $53K | $269K | 10x |
| Short | Variational Omni CRCL | 92.386 | 0.0258 | get 0.0258% / 8h | 6h 19m | $2.5M | $3.3M | — |
edgeX CRCLUSDC
Variational Omni CRCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- $19.7
- Price spread: +0.202% → +0.004%
- $19.81
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $30.51
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 31 min ago; Variational Omni: RFQ quote, 3 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 edgeX live order book, 31 min ago | 5.97 bp | 11.4 bp −$11 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.45 bp | doesn't fit | 10.7 bp −$107 | doesn't fit | doesn't fit |
CRCL on 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.0022% | 1h | 92.290 | +0.098% | — | $30K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.360 | +0.174% | $15.0M | $25.2M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 92.370 | +0.185% | $18.1M | $34.0M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.400 | +0.218% | $1.0M | $45K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0008% | 1h | 92.290 | +0.098% | $855K | $694K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.346 | +0.159% | $1.0M | $2.5M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0040% | 1h | 92.285 | +0.092% | $2K | $29K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.280 | +0.087% | $67.5M | $40.6M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.378 | +0.194% | $379K | $856K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.356 | +0.170% | $46K | $3K | 10x | as long as short |
Vest CRCL-USD-PERP
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Coinbase International CRCL-PERP-INTX
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USDShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.180 | −0.021% | $1.1M | $3.9M | 10x | as long as short |
| Gate CRCL_USDT | +0.0066% | 8h | 92.420 | +0.239% | $7.3M | $25.8M | 50x | as long as short |
| QFEX CRCL-USD | +0.0080% | 1h | 92.360 | +0.174% | $1.3M | $1.6M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0099% | 8h | 92.378 | +0.194% | $425 | $477 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.310 | +0.120% | $138K | $141K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.320 | +0.131% | $2.6M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.150 | −0.054% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.360 | +0.174% | $921 | $1K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.414 | +0.233% | $4 | — | 10x | as long as short |
| edgeX CRCLUSDClong | +0.0164% | 4h | 92.199 | long leg | $53K | $269K | 10x | |
| Phoenix CRCL | +0.0199% | 1h | 92.188 | −0.012% | $27K | $66K | 10x | as long as short |
| Lighter CRCL | +0.0240% | 1h | 92.372 | +0.187% | $3.0M | $2.1M | 10x | as long as short |
| Variational Omni CRCLshort | +0.0258% | 8h | 92.386 | +0.202% | $2.5M | $3.3M | — | |
| Nado CRCL-PERP | +0.0316% | 1h | 92.318 | +0.129% | $151K | $112K | 3x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0323% | 8h | 92.350 | +0.163% | $22.7M | $57.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0336% | 1h | 92.352 | +0.165% | $1.1M | $4.4M | 10x | as long as short |
| Aster CRCLUSDT | +0.0336% | 8h | 92.413 | +0.232% | $1.1M | $4.5M | 20x | as long as short |
| Binance CRCLUSDT | +0.0344% | 8h | 92.320 | +0.131% | $106.5M | $362.0M | 50x | as long as short |
| Arcus CRCL-USD | +0.0368% | 1h | 92.350 | +0.163% | $96K | $226K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.090 | −0.119% | $38K | $172K | 30x | as long as short |
| BloFin CRCL-USDT | +0.0456% | 8h | 92.430 | +0.250% | $1.1M | $1.7M | 20x | as long as short |
| RISEx CRCL/USDC | +0.0479% | 1h | 92.380 | +0.196% | $410K | $234K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0508% | 1h | 92.390 | +0.207% | $5K | $488K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0609% | 8h | 92.303 | +0.113% | $63K | $1.0M | 10x | as long as short |
Ondo Perps CRCL-USD.P
Gate CRCL_USDT
QFEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Phoenix CRCL
Lighter CRCL
Nado CRCL-PERP
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Aster CRCLUSDT
Binance CRCLUSDT
Arcus CRCL-USD
Injective CRCL/USDC PERP
BloFin CRCL-USDT
RISEx CRCL/USDC
Deribit CRCL_USDC-PERPETUAL
GRVT CRCL_USDT_Perp