CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.011%

Price spread now: Aster against OKX−0.009%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.009%, 7d avg −0.013%

Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRCL-USDT-SWAP	91.330	0.0196	pay 0.0196% / 8h	1h 32m	$22.2M	$62.6M	50x
Short	Aster CRCLUSDT	91.322	0.0085	get 0.0085% / 8h	1h 32m	$1.0M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$23.36
Price spread: −0.009% → −0.013%: $0.4
Slippage, 4 orders: −$12.55
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$53.51
Costs to cover: 0.305%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Aster: live order book, 2 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 OKX live order book, 2 min ago	0.55 bp	7.0 bp −$7	16.3 bp −$163	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	1.64 bp	6.9 bp −$7	11.2 bp −$112	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	−0.0723%	8h	91.390	+0.066%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0087%	1h	90.980	−0.383%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.320	−0.011%	$14.6M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.350	+0.022%	$7.8M	$27.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.259	−0.078%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.340	+0.011%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.327	−0.003%	$976K	$2.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	91.254	−0.084%	$2K	$27K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.260	−0.077%	$94K	$291K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.298	−0.035%	$46K	$3K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.120	−0.230%	$1.1M	$5.2M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.200	−0.142%	$888K	$603K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.260	−0.077%	$1.3M	$1.8M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0075%	1h	91.237	−0.102%	$67.5M	$44.4M	10x	as long as short
Aster CRCLUSDTshort	+0.0085%	8h	91.322	−0.009%	$1.0M	$5.1M	20x
Extended CRCL_24_5-USD	+0.0096%	1h	91.288	−0.046%	$1.0M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0098%	8h	91.307	−0.026%	$104.3M	$397.5M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.285	−0.049%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.290	−0.044%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.190	−0.153%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.300	−0.033%	$910	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.302	−0.031%	$4	—	10x	as long as short
Polymarket Perps CRCL-USD	+0.0129%	1h	91.290	−0.044%	$382K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0159%	8h	91.327	−0.003%	$420	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0189%	8h	91.330	0.000%	$67K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAPlong	+0.0196%	8h	91.330	long leg	$22.2M	$62.6M	50x
BloFin CRCL-USDT	+0.0217%	8h	91.350	+0.022%	$1.1M	$1.7M	20x	as long as short
Phoenix CRCL	+0.0245%	1h	91.232	−0.107%	$27K	$82K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.314	−0.018%	$416K	$268K	10x	as long as short
Lighter CRCL	+0.0296%	1h	91.331	+0.001%	$2.9M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0408%	1h	91.280	−0.055%	$5K	$769K	10x	as long as short
Nado CRCL-PERP	+0.0410%	1h	91.182	−0.162%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.700	+0.405%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0904%	4h	91.319	−0.012%	$52K	$277K	10x	as long as short