Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.041%
Price spread now: Extended against Ondo Perps+0.030%7-day average +0.094% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now +0.030%, 7d avg +0.094%
=Together, before fees+0.240%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.065% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.094%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.186%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRCL-USD.P | 92.110 | 0.0050 | pay 0.0006% / 1h | 8m 13s | $1.0M | $5.2M | 10x |
| Short | Extended CRCL_24_5-USD | 92.137 | 0 | get 0.0000% / 1h | 8m 13s | $1.1M | $5.7M | 10x |
Ondo Perps CRCL-USD.P
Extended CRCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Ondo Perps. 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
- −$10.58
- Price spread: +0.030% → +0.094%
- −$6.48
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$27.07
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 6 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 6 min ago | 0.49 bp | 5.1 bp −$5 | 24.2 bp −$242 | doesn't fit | doesn't fit |
Ondo Perps: 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 | −0.1064% | 8h | 92.210 | +0.109% | $16.1M | $34.6M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0075% | 1h | 91.940 | −0.185% | — | $31K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 92.080 | −0.033% | $908K | $501K | 10x | as long as short |
| Extended CRCL_24_5-USDshort | 0.0000% | 1h | 92.137 | +0.030% | $1.1M | $5.7M | 10x | |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.170 | +0.065% | $15.2M | $25.9M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 92.161 | +0.056% | $421K | $298K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.240 | +0.141% | $7.2M | $26.9M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 92.197 | +0.094% | $2.5M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 92.259 | +0.162% | $68K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.190 | +0.087% | $1.0M | $49K | 10x | as long as short |
Bitget CRCLUSDT
Vest CRCL-USD-PERP
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRCLUSDT | +0.0001% | 8h | 92.158 | +0.052% | $105.3M | $386.3M | 50x | as long as short |
| BloFin CRCL-USDT | +0.0007% | 8h | 92.200 | +0.098% | $1.1M | $1.3M | 20x | as long as short |
| Aster CRCLUSDT | +0.0010% | 8h | 92.121 | +0.012% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0011% | 8h | 92.140 | +0.033% | $21.7M | $59.8M | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.0023% | 1h | 92.124 | +0.015% | $2K | $23K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 92.150 | +0.043% | $1.3M | $2.1M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.191 | +0.088% | $978K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 92.140 | +0.033% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.095 | −0.016% | $68.7M | $41.4M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.135 | +0.027% | $359K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.141 | +0.034% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Plong | +0.0050% | 1h | 92.110 | long leg | $1.0M | $5.2M | 10x | |
| Paradex CRCL-USD-PERP | +0.0085% | 8h | 92.143 | +0.036% | $756 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.177 | +0.072% | $133K | $156K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.120 | +0.011% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.980 | −0.141% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.130 | +0.022% | $919 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.130 | +0.021% | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 92.048 | −0.067% | $27K | $84K | 10x | as long as short |
| Lighter CRCL | +0.0224% | 1h | 92.192 | +0.089% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0224% | 1h | 92.084 | −0.028% | $131K | $104K | 3x | as long as short |
| edgeX CRCLUSDC | +0.0390% | 4h | 92.183 | +0.080% | $23K | $248K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0402% | 1h | 92.150 | +0.043% | $4K | $767K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.530 | +0.456% | $5K | $19K | 30x | as long as short |
Binance CRCLUSDT
BloFin CRCL-USDT
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
Aftermath Perps CRCLUSD
QFEX CRCL-USD
Lighter RH CRCL
Arcus CRCL-USD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Phoenix CRCL
Lighter CRCL
Nado CRCL-PERP
edgeX CRCLUSDC
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP