Funding you earn now, next payment 01:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h +0.015%
Price spread now: Aftermath Perps against GRVT−0.211%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aftermath Perps is 0.211% cheaper against GRVT than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 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 | GRVT CRCL_USDT_Perp | 94.359 | 0.0054 | pay 0.0054% / 8h | 7h 08m | $71K | $1.1M | 10x |
| Short | Aftermath Perps CRCLUSD | 94.160 | 0.0038 | get 0.0005% / 1h | 8m 08s | $2K | $22K | 5x |
GRVT CRCL_USDT_Perp
Aftermath Perps CRCLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against GRVT. 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
- −$3.33
- Price spread: −0.211% → 0.000%
- −$21.05
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$42.38
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 5 min ago; Aftermath Perps: 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 GRVT live order book, 5 min ago | 0.53 bp | 7.1 bp −$7 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 | −0.274% | $941K | $621K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 94.200 | −0.169% | $15.5M | $25.3M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 94.210 | −0.158% | $7.2M | $27.1M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 94.180 | −0.190% | $16.9M | $34.3M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.200 | −0.169% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.179 | −0.191% | $887K | $2.8M | 10x | as long as short |
| Aftermath Perps CRCLUSDshort | +0.0038% | 1h | 94.160 | −0.211% | $2K | $22K | 5x | |
| QFEX CRCL-USD | +0.0042% | 1h | 94.170 | −0.200% | $1.4M | $2.5M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.060 | −0.317% | — | $37K | 25x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 94.074 | −0.302% | $71.5M | $40.4M | 10x | as long as short |
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
QFEX CRCL-USD
Vest CRCL-USD-PERP
tradeXYZ xyz:CRCLShow 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 | −0.223% | $365K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.165 | −0.206% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.100 | −0.274% | $1.1M | $5.7M | 10x | as long as short |
| GRVT CRCL_USDT_Perplong | +0.0054% | 8h | 94.359 | long leg | $71K | $1.1M | 10x | |
| Variational Omni CRCL | +0.0091% | 8h | 94.279 | −0.084% | $2.5M | $3.1M | — | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.140 | −0.232% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.200 | −0.169% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.240 | −0.126% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.160 | −0.211% | $939 | $3K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0101% | 8h | 94.181 | −0.189% | $772 | $740 | 5x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.168 | −0.202% | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0134% | 8h | 94.140 | −0.232% | $22.7M | $58.9M | 50x | as long as short |
| Binance CRCLUSDT | +0.0167% | 8h | 94.164 | −0.206% | $109.1M | $384.9M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0168% | 1h | 94.159 | −0.212% | $1.1M | $5.5M | 10x | as long as short |
| Aster CRCLUSDT | +0.0172% | 8h | 94.189 | −0.181% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0228% | 1h | 94.092 | −0.283% | $131K | $76K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0288% | 8h | 94.190 | −0.179% | $1.1M | $577K | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 94.311 | −0.051% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 94.199 | −0.170% | $3.0M | $2.3M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.760 | +0.425% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0517% | 4h | 94.284 | −0.080% | $24K | $267K | 10x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.230 | −0.137% | $96K | $271K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0600% | 1h | 94.170 | −0.200% | $4K | $769K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 94.160 | −0.211% | $430K | $297K | 10x | as long as short |
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
Variational Omni CRCL
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Paradex CRCL-USD-PERP
Aevo CRCL-PERP
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
Nado CRCL-PERP
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC
Arcus CRCL-USD
Deribit CRCL_USDC-PERPETUAL
RISEx CRCL/USDC