CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against KuCoin−0.022%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1031.027% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days+0.049%+$5 · spread now −0.022%, 7d avg −0.009%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRCLUSDTM	91.460	0.0100	pay 0.0100% / 8h	1h 54m	$2.7M	$1.8M	20x
Short	Binance CRCLUSDT	91.440	0.0077	get 0.0077% / 8h	1h 54m	$104.6M	$397.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.022%Rate

Funding earned: −$4.89
Price spread: −0.022% → −0.009%: −$1.27
Slippage, 4 orders: −$80.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$108.89
Costs to cover: 1.027%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Binance: 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, 3 min ago	1.09 bp	55.9 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.55 bp	6.6 bp −$7	10.1 bp −$101	31.1 bp −$3,109	139.9 bp −$69.9K

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	−0.0743%	8h	91.530	+0.077%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0083%	1h	91.100	−0.394%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.450	−0.011%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.490	+0.033%	$7.8M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.489	+0.032%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.470	+0.011%	$1.0M	$48K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0040%	1h	91.427	−0.036%	$2K	$27K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.480	+0.022%	$93K	$289K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.419	−0.045%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.360	−0.109%	$1.1M	$5.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.470	+0.011%	$891K	$605K	10x	as long as short
Aster CRCLUSDT	+0.0061%	8h	91.480	+0.021%	$1.0M	$5.1M	20x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.360	−0.109%	$1.3M	$1.8M	10x	as long as short
Binance CRCLUSDTshort	+0.0077%	8h	91.440	−0.022%	$104.6M	$397.4M	50x
Extended CRCL_24_5-USD	+0.0080%	1h	91.430	−0.033%	$1.0M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.360	−0.109%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTMlong	+0.0100%	8h	91.460	long leg	$2.7M	$1.8M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	91.410	−0.055%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.430	−0.033%	$912	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.442	−0.020%	$4	—	10x	as long as short
Lighter RH CRCL	+0.0112%	1h	91.478	+0.020%	$977K	$2.7M	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0166%	8h	91.542	+0.089%	$65K	$1.1M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0167%	8h	91.384	−0.083%	$420	$905	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0174%	8h	91.460	0.000%	$22.2M	$62.6M	50x	as long as short
BloFin CRCL-USDT	+0.0194%	8h	91.420	−0.044%	$1.1M	$1.6M	20x	as long as short
Phoenix CRCL	+0.0210%	1h	91.554	+0.103%	$27K	$82K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0218%	1h	91.387	−0.080%	$67.7M	$44.3M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0225%	1h	91.384	−0.083%	$383K	$1.3M	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.405	−0.060%	$416K	$271K	10x	as long as short
Lighter CRCL	+0.0344%	1h	91.490	+0.033%	$2.9M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.930	+0.514%	$5K	$19K	30x	as long as short
Nado CRCL-PERP	+0.0475%	1h	91.304	−0.170%	$134K	$109K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0626%	1h	91.430	−0.033%	$5K	$769K	10x	as long as short
edgeX CRCLUSDC	+0.0851%	4h	91.640	+0.197%	$52K	$276K	10x	as long as short