CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.058%

Price spread now: Vest against Nado−0.146%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.146% cheaper against Nado than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado CRCL-PERP	91.774	0.0153	pay 0.0019% / 1h	18m 12s	$130K	$103K	3x
Short	Vest CRCL-USD-PERP	91.640	−0.0037	pay 0.0005% / 1h	18m 12s	—	$40K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee NadobpFee VestbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$39.93
Price spread: −0.146% → 0.000%: −$14.61
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$63.54
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 49 min ago; Vest: 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 Nado live order book, 49 min ago	1.60 bp	9.0 bp −$9	29.0 bp −$290	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 33 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	−0.0787%	8h	91.970	+0.213%	$16.0M	$35.6M	25x	as long as short
Vest CRCL-USD-PERPshort	−0.0037%	1h	91.640	−0.146%	—	$40K	25x
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.700	−0.081%	$913K	$580K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.940	+0.181%	$15.0M	$25.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.850	+0.083%	$419K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.980	+0.224%	$7.1M	$26.8M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.938	+0.179%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.906	+0.143%	$63K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.980	+0.224%	$1.0M	$49K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0024%	1h	91.867	+0.101%	$2K	$23K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0032%	1h	91.970	+0.213%	$974K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.800	+0.028%	$93K	$273K	10x	as long as short
Extended CRCL_24_5-USD	+0.0048%	1h	91.925	+0.165%	$1.1M	$5.7M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.870	+0.105%	$69.0M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.843	+0.075%	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.790	+0.017%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.730	−0.048%	$999K	$5.5M	10x	as long as short
Binance CRCLUSDT	+0.0051%	8h	91.930	+0.170%	$104.9M	$393.9M	50x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.850	+0.083%	$1.3M	$2.3M	10x	as long as short
Aster CRCLUSDT	+0.0059%	8h	91.909	+0.147%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0060%	8h	91.930	+0.170%	$21.8M	$60.3M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0074%	8h	91.825	+0.055%	$753	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.860	+0.093%	$133K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.980	+0.224%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.820	+0.050%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.890	+0.126%	$916	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.898	+0.135%	$4	—	10x	as long as short
Nado CRCL-PERPlong	+0.0153%	1h	91.774	long leg	$130K	$103K	3x
Lighter CRCL	+0.0200%	1h	91.979	+0.223%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	91.850	+0.083%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.500	+0.791%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0512%	1h	91.920	+0.159%	$4K	$769K	10x	as long as short
edgeX CRCLUSDC	+0.0811%	4h	91.882	+0.118%	$23K	$267K	10x	as long as short