Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0133%/8h= −14.6% APRnext payment $0.17 per $10,000 · paid last 24h −0.050%
Price spread now: SoDEX against Nado+0.016%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CRCL-PERP91.6260.0183pay 0.0023% / 1h27m 47s$131K$104K3x
ShortSoDEX CRCL-USD91.6400.0050get 0.0006% / 1h27m 47s$46K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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

Funding earned
−$28.03
Price spread: +0.016% → 0.000%
$1.57
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$41.46
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 35 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 35 min ago3.81 bp8.5 bp −$927.0 bp −$270doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.1308%8h91.680+0.059%$15.8M$34.6M25xas long as short
Vest CRCL-USD-PERP−0.0076%1h91.440−0.203%$35K25xas long as short
Coinbase International CRCL-PERP-INTX−0.0016%1h91.690+0.070%$905K$529K10xas long as short
Extended CRCL_24_5-USD0.0000%1h91.615−0.012%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h91.630+0.005%$104.5M$385.0M50xas long as short
Bybit CRCLUSDT0.0000%8h91.670+0.048%$15.0M$25.8M50xas long as short
RISEx CRCL/USDC0.0000%1h91.669+0.047%$418K$298K10xas long as short
Gate CRCL_USDT0.0000%8h91.670+0.048%$7.1M$26.6M50xas long as short
Variational Omni CRCL0.0000%8h91.746+0.132%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.777+0.166%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.660+0.037%$1.0M$49K10xas long as short
Aster CRCLUSDT+0.0002%8h91.640+0.015%$1.1M$4.9M20xas long as short
OKX CRCL-USDT-SWAP+0.0009%8h91.640+0.016%$21.5M$59.4M50xas long as short
Aftermath Perps CRCLUSD+0.0018%1h91.639+0.014%$2K$23K5xas long as short
QFEX CRCL-USD+0.0023%1h91.630+0.005%$1.3M$2.1M10xas long as short
Lighter RH CRCL+0.0032%1h91.639+0.015%$973K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.620−0.006%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.592−0.037%$68.4M$41.2M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.672+0.051%$357K$1.1M10xas long as short
SoDEX CRCL-USDshort+0.0050%1h91.640+0.016%$46K$3K10x
Ondo Perps CRCL-USD.P+0.0050%1h91.610−0.017%$970K$5.2M10xas long as short
Paradex CRCL-USD-PERP+0.0068%8h91.704+0.085%$752$7405xas long as short
Pacifica CRCL+0.0100%1h91.656+0.033%$132K$157K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.620−0.006%$2.8M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.820+0.212%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.660+0.037%$914$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.664+0.042%$410xas long as short
BloFin CRCL-USDT+0.0120%8h91.660+0.037%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0183%1h91.684+0.064%$27K$84K10xas long as short
Nado CRCL-PERPlong+0.0183%1h91.626long leg$131K$104K3x
Lighter CRCL+0.0208%1h91.647+0.023%$3.0M$2.4M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.330+0.769%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0590%4h91.601−0.027%$23K$268K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0623%1h91.680+0.059%$4K$767K10xas long as short