Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.031%
Price spread now: Paradex against OKX−0.161%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.161% cheaper against OKX than usual: you would sell low and buy high (−$16 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 | OKX CRCL-USDT-SWAP | 91.790 | 0.0156 | pay 0.0156% / 8h | 2h 05m | $22.3M | $62.8M | 50x |
| Short | Paradex CRCL-USD-PERP | 91.642 | 0.0146 | get 0.0146% / 8h | 2h 05m | $422 | $905 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against OKX. 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
- −$2.05
- Price spread: −0.161% → 0.000%
- −$16.09
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$32.14
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Paradex: 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 OKX live order book, 3 min ago | 0.55 bp | 7.6 bp −$8 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDT | −0.0880% | 8h | 91.800 | +0.011% | $17.2M | $36.9M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0081% | 1h | 91.430 | −0.392% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.730 | −0.065% | $14.7M | $26.8M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.750 | −0.044% | $7.7M | $27.7M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.539 | −0.273% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.700 | −0.098% | $1.0M | $48K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.746 | −0.048% | $978K | $2.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 91.516 | −0.298% | $2K | $27K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.580 | −0.229% | $93K | $289K | 10x | as long as short |
| Aster CRCLUSDT | +0.0043% | 8h | 91.622 | −0.183% | $1.0M | $5.1M | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CRCL-USD | +0.0050% | 1h | 91.727 | −0.069% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.650 | −0.153% | $1.1M | $5.2M | 10x | as long as short |
| QFEX CRCL-USD | +0.0054% | 1h | 91.670 | −0.131% | $1.3M | $1.8M | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.0056% | 1h | 91.720 | −0.076% | $1.0M | $5.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0057% | 1h | 91.698 | −0.100% | $384K | $1.3M | 10x | as long as short |
| Binance CRCLUSDT | +0.0058% | 8h | 91.745 | −0.049% | $104.8M | $397.5M | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0072% | 1h | 91.590 | −0.218% | $892K | $606K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0076% | 1h | 91.695 | −0.103% | $67.9M | $44.3M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.650 | −0.153% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.620 | −0.185% | $2.7M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.470 | −0.349% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.720 | −0.076% | $914 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.718 | −0.078% | $4 | — | 10x | as long as short |
| RISEx CRCL/USDC | +0.0117% | 1h | 91.676 | −0.124% | $417K | $277K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0134% | 8h | 91.536 | −0.277% | $65K | $1.1M | 10x | as long as short |
| Paradex CRCL-USD-PERPshort | +0.0146% | 8h | 91.642 | −0.161% | $422 | $905 | 5x | |
| OKX CRCL-USDT-SWAPlong | +0.0156% | 8h | 91.790 | long leg | $22.3M | $62.8M | 50x | |
| BloFin CRCL-USDT | +0.0176% | 8h | 91.750 | −0.044% | $1.1M | $1.6M | 20x | as long as short |
| Phoenix CRCL | +0.0210% | 1h | 91.699 | −0.099% | $27K | $82K | 10x | as long as short |
| Lighter CRCL | +0.0264% | 1h | 91.749 | −0.045% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0338% | 1h | 91.655 | −0.147% | $134K | $108K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.150 | +0.392% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0552% | 4h | 91.496 | −0.321% | $52K | $277K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0841% | 1h | 91.720 | −0.076% | $5K | $769K | 10x | as long as short |
OKX CRCL-USDT-SWAP
Paradex CRCL-USD-PERP
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
Aster CRCLUSDT
SoDEX CRCL-USD
Extended CRCL_24_5-USD
Polymarket Perps CRCL-USD
Binance CRCLUSDT
Coinbase International CRCL-PERP-INTX
tradeXYZ xyz:CRCL
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
RISEx CRCL/USDC
GRVT CRCL_USDT_Perp
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC
Deribit CRCL_USDC-PERPETUAL