CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.045%

Price spread now: RISEx against Extended−0.029%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$220.218% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.254%+$25 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.029%, 7d avg +0.054%

Together, before fees+0.264%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.083% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.054%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.254%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRCL_24_5-USD	91.876	0.0048	pay 0.0006% / 1h	17m 49s	$1.1M	$5.7M	10x
Short	RISEx CRCL/USDC	91.850	0	get 0.0000% / 1h	17m 49s	$419K	$299K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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 ExtendedbpFee RISExbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$10.08
Price spread: −0.029% → +0.054%: −$8.27
Slippage, 4 orders: −$10.82
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$40.17
Costs to cover: 0.218%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; RISEx: live order book, 51 min ago.

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 Extended live order book, 1 min ago	0.49 bp	5.3 bp −$5	19.3 bp −$193	doesn't fit	doesn't fit
Sell RISEx live order book, 51 min ago	2.65 bp	5.7 bp −$6	6.8 bp −$68	doesn't fit	doesn't fit

CRCL on 33 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	−0.0787%	8h	92.020	+0.156%	$16.0M	$35.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0037%	1h	91.640	−0.257%	—	$40K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.700	−0.192%	$913K	$580K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.970	+0.102%	$15.0M	$25.9M	50x	as long as short
RISEx CRCL/USDCshort	0.0000%	1h	91.850	−0.029%	$419K	$299K	10x
Gate CRCL_USDT	0.0000%	8h	91.960	+0.091%	$7.1M	$26.8M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.938	+0.067%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.906	+0.032%	$63K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.980	+0.113%	$1.0M	$49K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0024%	1h	91.867	−0.010%	$2K	$23K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0032%	1h	91.970	+0.102%	$974K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.800	−0.083%	$93K	$273K	10x	as long as short
Extended CRCL_24_5-USDlong	+0.0048%	1h	91.876	long leg	$1.1M	$5.7M	10x
tradeXYZ xyz:CRCL	+0.0050%	1h	91.915	+0.042%	$69.1M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.843	−0.036%	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.790	−0.094%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.730	−0.159%	$999K	$5.5M	10x	as long as short
Binance CRCLUSDT	+0.0051%	8h	91.940	+0.069%	$104.9M	$394.0M	50x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.850	−0.029%	$1.3M	$2.3M	10x	as long as short
Aster CRCLUSDT	+0.0059%	8h	91.933	+0.062%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0060%	8h	91.990	+0.124%	$21.8M	$60.4M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0074%	8h	91.825	−0.056%	$753	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.860	−0.018%	$133K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.940	+0.069%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.820	−0.061%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.890	+0.015%	$916	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.898	+0.024%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0153%	1h	91.774	−0.111%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0200%	1h	91.979	+0.112%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	91.850	−0.029%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.500	+0.679%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0512%	1h	91.920	+0.048%	$4K	$769K	10x	as long as short
edgeX CRCLUSDC	+0.0811%	4h	91.882	+0.007%	$23K	$267K	10x	as long as short