CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.3% APRnext payment +$1.76 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Gate−0.064%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days+0.173%+$17 · spread now −0.064%, 7d avg −0.027%

Together, before fees+0.175%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.037% cheaper against Gate than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.027%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.002% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRCL_USDT	94.360	0	get 0.0000% / 8h	7h 14m	$7.2M	$27.1M	50x
Short	Aster CRCLUSDT	94.299	0.0176	get 0.0176% / 8h	7h 14m	$1.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.064%Rate

Funding earned: $36.95
Price spread: −0.064% → −0.027%: −$3.73
Slippage, 4 orders: −$19.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.66
Costs to cover: 0.429%
Break-even: 8.8 days

Slippage from Gate: live order book, 4 min ago; Aster: live order book, 4 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 Gate live order book, 4 min ago	1.06 bp	11.6 bp −$12	26.5 bp −$265	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	2.12 bp	7.9 bp −$8	11.6 bp −$116	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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.100	−0.276%	$941K	$621K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	94.400	+0.042%	$15.5M	$25.5M	50x	as long as short
Gate CRCL_USDTlong	0.0000%	8h	94.360	long leg	$7.2M	$27.1M	50x
Bitget CRCLUSDT	0.0000%	8h	94.360	0.000%	$16.9M	$34.5M	25x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.191	−0.179%	$71K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.210	−0.159%	$1.0M	$49K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.296	−0.068%	$888K	$2.8M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	94.261	−0.105%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.320	−0.042%	$1.4M	$2.5M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.220	−0.148%	—	$37K	25x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CRCL	+0.0050%	1h	94.289	−0.075%	$71.7M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.290	−0.074%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.233	−0.135%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.240	−0.127%	$1.0M	$5.7M	10x	as long as short
Variational Omni CRCL	+0.0094%	8h	94.220	−0.148%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERP	+0.0099%	8h	94.312	−0.050%	$773	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	94.270	−0.095%	$75K	$97K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.330	−0.032%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.070	−0.307%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.300	−0.064%	$940	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.268	−0.097%	$4	—	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0136%	8h	94.400	+0.042%	$22.8M	$59.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0168%	1h	94.293	−0.071%	$1.1M	$5.5M	10x	as long as short
Binance CRCLUSDT	+0.0171%	8h	94.362	+0.002%	$109.3M	$385.7M	50x	as long as short
Aster CRCLUSDTshort	+0.0176%	8h	94.299	−0.064%	$1.1M	$4.9M	20x
Nado CRCL-PERP	+0.0219%	1h	94.221	−0.148%	$132K	$76K	3x	as long as short
edgeX CRCLUSDC	+0.0276%	4h	94.193	−0.177%	$24K	$269K	10x	as long as short
BloFin CRCL-USDT	+0.0291%	8h	94.290	−0.074%	$1.1M	$569K	20x	as long as short
Phoenix CRCL	+0.0296%	1h	94.150	−0.223%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0296%	1h	94.318	−0.045%	$3.0M	$2.3M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.680	+0.339%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0493%	1h	94.250	−0.117%	$4K	$769K	10x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.250	−0.117%	$96K	$271K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.319	−0.044%	$430K	$297K	10x	as long as short