Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.018%
Price spread now: Orderly against Gate−0.011%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRCL_USDT | 94.170 | 0 | get 0.0000% / 8h | 7h 07m | $7.2M | $27.1M | 50x |
| Short | Orderly PERP_CRCL_USDC_mythos | 94.160 | 0.0100 | get 0.0100% / 8h | 7h 07m | $939 | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. 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
- $21
- Price spread: −0.011% → 0.000%
- −$1.06
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.06
- Costs to cover
- 0.210%
- Break-even
- 7.4 days
Slippage unknown: Gate: live order book, 1 min ago; Orderly: 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 Gate live order book, 1 min ago | 1.06 bp | 11.9 bp −$12 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.0064% | 1h | 94.100 | −0.074% | $941K | $621K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 94.160 | −0.011% | $15.5M | $25.3M | 50x | as long as short |
| Gate CRCL_USDTlong | 0.0000% | 8h | 94.170 | long leg | $7.2M | $27.1M | 50x | |
| Bitget CRCLUSDT | 0.0000% | 8h | 94.140 | −0.032% | $16.9M | $34.3M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.200 | +0.032% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.130 | −0.042% | $887K | $2.8M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0038% | 1h | 94.160 | −0.010% | $2K | $22K | 5x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 94.110 | −0.064% | $1.3M | $2.5M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.060 | −0.117% | — | $37K | 25x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 94.071 | −0.105% | $71.6M | $40.4M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.149 | −0.022% | $365K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.165 | −0.005% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.100 | −0.074% | $1.1M | $5.7M | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0054% | 8h | 94.359 | +0.201% | $71K | $1.1M | 10x | as long as short |
| Variational Omni CRCL | +0.0091% | 8h | 94.279 | +0.116% | $2.5M | $3.1M | — | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.100 | −0.074% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.160 | −0.011% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.240 | +0.074% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythosshort | +0.0100% | 8h | 94.160 | −0.011% | $939 | $3K | 10x | |
| Paradex CRCL-USD-PERP | +0.0100% | 8h | 94.152 | −0.019% | $772 | $740 | 5x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.168 | −0.002% | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0134% | 8h | 94.130 | −0.042% | $22.7M | $58.9M | 50x | as long as short |
| Binance CRCLUSDT | +0.0164% | 8h | 94.130 | −0.042% | $109.0M | $384.7M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0168% | 1h | 94.113 | −0.060% | $1.1M | $5.5M | 10x | as long as short |
| Aster CRCLUSDT | +0.0169% | 8h | 94.163 | −0.008% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0228% | 1h | 94.092 | −0.083% | $131K | $76K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0288% | 8h | 94.190 | +0.021% | $1.1M | $577K | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 94.311 | +0.150% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 94.147 | −0.024% | $3.0M | $2.3M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.760 | +0.627% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0517% | 4h | 94.284 | +0.121% | $24K | $267K | 10x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.200 | +0.032% | $96K | $271K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0600% | 1h | 94.170 | 0.000% | $4K | $769K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 94.137 | −0.035% | $429K | $297K | 10x | as long as short |
Gate CRCL_USDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
GRVT CRCL_USDT_Perp
Variational Omni CRCL
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Paradex CRCL-USD-PERP
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC
Deribit CRCL_USDC-PERPETUAL
RISEx CRCL/USDC