CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.6% APRnext payment −$0.87 per $10,000 · paid last 24h +0.005%

Price spread now: Aster against KuCoin+0.035%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$980.983% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 7 days−0.066%−$7 · spread now +0.035%, 7d avg −0.006%

Together, before fees−0.111%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.041% dearer against KuCoin than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.006%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.045% in total) that is about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRCLUSDTM	90.940	0.0100	pay 0.0100% / 8h	2h 28m	$2.7M	$1.8M	20x
Short	Aster CRCLUSDT	90.972	0.0013	get 0.0013% / 8h	2h 28m	$1.0M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$18.32
Price spread: +0.035% → −0.006%: $4.11
Slippage, 4 orders: −$78.25
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$112.46
Costs to cover: 0.983%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 5 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 KuCoin live order book, 4 min ago	2.19 bp	47.9 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	2.19 bp	6.8 bp −$7	14.0 bp −$140	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
Bitget CRCLUSDT	−0.0907%	8h	90.980	+0.044%	$16.7M	$36.4M	25x	as long as short
Vest CRCL-USD-PERP	−0.0072%	1h	90.700	−0.264%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	90.920	−0.022%	$14.5M	$26.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	90.960	+0.022%	$7.5M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.161	+0.243%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	90.960	+0.022%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDTshort	+0.0013%	8h	90.972	+0.035%	$1.0M	$5.1M	20x
Extended CRCL_24_5-USD	+0.0024%	1h	90.885	−0.061%	$1.0M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0026%	8h	90.910	−0.033%	$103.3M	$395.6M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	90.915	−0.027%	$969K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus CRCL-USD	+0.0040%	1h	91.140	+0.220%	$93K	$291K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	91.138	+0.218%	$2K	$26K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	90.860	−0.088%	$67.9M	$43.4M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	90.890	−0.055%	$381K	$1.3M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	90.910	−0.033%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	90.840	−0.110%	$1.0M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0054%	1h	90.890	−0.055%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	90.790	−0.165%	$909K	$527K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0080%	1h	90.910	−0.033%	$4K	$768K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0091%	8h	90.910	−0.033%	$418	$905	5x	as long as short
BloFin CRCL-USDT	+0.0100%	8h	91.250	+0.341%	$1.1M	$1.6M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	90.970	+0.033%	$133K	$161K	10x	as long as short
KuCoin CRCLUSDTMlong	+0.0100%	8h	90.940	long leg	$2.7M	$1.8M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	91.170	+0.253%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	90.910	−0.033%	$906	$2K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0101%	8h	91.190	+0.275%	$62K	$1.1M	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	90.901	−0.043%	$4	—	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0111%	8h	90.920	−0.022%	$22.0M	$61.8M	50x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	90.900	−0.044%	$414K	$294K	10x	as long as short
Phoenix CRCL	+0.0210%	1h	91.148	+0.229%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0216%	1h	90.930	−0.011%	$2.9M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0308%	1h	90.919	−0.024%	$132K	$108K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.040	+1.210%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0917%	4h	91.164	+0.246%	$52K	$278K	10x	as long as short