Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.014%
Price spread now: Variational Omni against KuCoin+0.022%7-day average −0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.022%, 7d avg −0.008%
=Together, before fees−0.073%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRCLUSDTM | 94.430 | 0.0100 | pay 0.0100% / 8h | 7h 26m | $3.0M | $1.9M | 20x |
| Short | Variational Omni CRCL | 94.450 | 0.0127 | get 0.0127% / 8h | 7h 26m | $2.5M | $3.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $5.7
- Price spread: +0.022% → −0.008%
- $2.93
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.36
- Costs to cover
- 0.120%
- Break-even
- 11.1 days
Slippage unknown: KuCoin: live order book, 5 min ago; Variational Omni: RFQ quote, 2 min ago. 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 KuCoin live order book, 5 min ago | 2.12 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.43 bp | doesn't fit | 15.5 bp −$155 | 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 | 94.210 | −0.233% | $942K | $622K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 94.480 | +0.053% | $15.5M | $25.7M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 94.480 | +0.053% | $7.2M | $27.0M | 50x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 94.462 | +0.034% | $68K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.460 | +0.032% | $1.0M | $49K | 10x | as long as short |
| Bitget CRCLUSDT | +0.0029% | 8h | 94.490 | +0.064% | $17.0M | $34.6M | 25x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.456 | +0.028% | $889K | $2.8M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0042% | 1h | 94.362 | −0.072% | $2K | $22K | 5x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 94.390 | −0.042% | $1.4M | $2.6M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.350 | −0.085% | — | $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 | 94.428 | −0.002% | $71.8M | $42.2M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.445 | +0.016% | $366K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.464 | +0.036% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.310 | −0.127% | $1.0M | $5.7M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.360 | −0.074% | $76K | $99K | 10x | as long as short |
| KuCoin CRCLUSDTMlong | +0.0100% | 8h | 94.430 | long leg | $3.0M | $1.9M | 20x | |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.360 | −0.074% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.460 | +0.032% | $942 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.483 | +0.056% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0105% | 8h | 94.437 | +0.008% | $774 | $740 | 5x | as long as short |
| Variational Omni CRCLshort | +0.0127% | 8h | 94.450 | +0.022% | $2.5M | $3.1M | — | |
| OKX CRCL-USDT-SWAP | +0.0149% | 8h | 94.480 | +0.053% | $22.8M | $59.5M | 50x | as long as short |
| Binance CRCLUSDT | +0.0191% | 8h | 94.470 | +0.042% | $109.4M | $386.1M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0192% | 1h | 94.440 | +0.010% | $1.1M | $5.9M | 10x | as long as short |
| Aster CRCLUSDT | +0.0196% | 8h | 94.457 | +0.028% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0230% | 1h | 94.340 | −0.095% | $132K | $76K | 3x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 94.429 | −0.001% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0304% | 1h | 94.471 | +0.043% | $3.1M | $2.2M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0311% | 8h | 94.510 | +0.085% | $1.1M | $561K | 20x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.890 | +0.487% | $5K | $19K | 30x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.380 | −0.053% | $96K | $273K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 94.456 | +0.027% | $431K | $299K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0810% | 1h | 94.460 | +0.032% | $4K | $769K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0948% | 4h | 94.390 | −0.042% | $24K | $269K | 10x | as long as short |
KuCoin CRCLUSDTM
Variational Omni CRCL
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Bitget CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Pacifica CRCL
ApeX Omni CRCLUSDT
Paradex CRCL-USD-PERP
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
Phoenix CRCL
Lighter CRCL
BloFin CRCL-USDT
Injective CRCL/USDC PERP
RISEx CRCL/USDC
Deribit CRCL_USDC-PERPETUAL
edgeX CRCLUSDC