Funding you earn now, next payment 09:00 UTC+0.0390%/8h= +42.7% APRnext payment +$0.49 per $10,000 · paid last 24h +0.117%
Price spread now: Injective against Ondo Perps+1.297%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.746%+$75 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Injective is 1.297% dearer against Ondo Perps than usual: you sell high and buy low: +$130 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRCL-USD.P | 90.990 | 0.0050 | pay 0.0006% / 1h | 32m 44s | $1.1M | $4.7M | 10x |
| Short | Injective CRCL/USDC PERP | 92.170 | 0.0440 | get 0.0055% / 1h | 32m 44s | $5K | $19K | 30x |
Ondo Perps CRCL-USD.P
Injective CRCL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $81.82
- Price spread: +1.297% → 0.000%
- $129.68
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $206.48
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Injective: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Ondo Perps and Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.0096% | 1h | 90.850 | −0.154% | — | $31K | 25x | as long as short |
| Bitget CRCLUSDT | −0.0066% | 8h | 91.090 | +0.110% | $17.3M | $36.2M | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.070 | +0.088% | $15.0M | $26.6M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.070 | +0.088% | $7.8M | $26.4M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.060 | +0.077% | $1.0M | $47K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.061 | +0.078% | $980K | $2.4M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 91.100 | +0.121% | $872K | $504K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 91.103 | +0.124% | $2K | $29K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.000 | +0.011% | $94K | $283K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 90.974 | −0.018% | $67.0M | $44.3M | 10x | as long as short |
Vest CRCL-USD-PERP
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Phemex CRCLUSDT
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
Arcus CRCL-USD
tradeXYZ xyz:CRCLShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 90.972 | −0.020% | $376K | $1.2M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.050 | +0.066% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Plong | +0.0050% | 1h | 90.990 | long leg | $1.1M | $4.7M | 10x | |
| QFEX CRCL-USD | +0.0065% | 1h | 91.080 | +0.099% | $1.3M | $1.7M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.020 | +0.033% | $133K | $158K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.060 | +0.077% | $2.6M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.120 | +0.143% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.040 | +0.055% | $908 | $1K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0104% | 8h | 91.175 | +0.204% | $71K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.065 | +0.082% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0132% | 8h | 91.054 | +0.071% | $419 | $766 | 5x | as long as short |
| Variational Omni CRCL | +0.0152% | 8h | 91.180 | +0.209% | $2.4M | $3.3M | — | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0190% | 1h | 91.050 | +0.066% | $5K | $769K | 10x | as long as short |
| Aster CRCLUSDT | +0.0213% | 8h | 91.080 | +0.099% | $1.0M | $5.0M | 20x | as long as short |
| Lighter CRCL | +0.0224% | 1h | 91.072 | +0.090% | $2.9M | $2.1M | 10x | as long as short |
| Binance CRCLUSDT | +0.0228% | 8h | 91.040 | +0.055% | $104.7M | $386.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0232% | 1h | 90.988 | −0.002% | $1.1M | $5.1M | 10x | as long as short |
| Phoenix CRCL | +0.0254% | 1h | 91.098 | +0.119% | $27K | $66K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0292% | 8h | 91.030 | +0.044% | $22.3M | $61.3M | 50x | as long as short |
| BloFin CRCL-USDT | +0.0350% | 8h | 91.020 | +0.033% | $1.1M | $1.7M | 20x | as long as short |
| Nado CRCL-PERP | +0.0370% | 1h | 90.969 | −0.023% | $134K | $109K | 3x | as long as short |
| Injective CRCL/USDC PERPshort | +0.0440% | 1h | 92.170 | +1.297% | $5K | $19K | 30x | |
| RISEx CRCL/USDC | +0.0501% | 1h | 91.066 | +0.083% | $411K | $257K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0936% | 4h | 91.171 | +0.199% | $52K | $270K | 10x | as long as short |
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
QFEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
GRVT CRCL_USDT_Perp
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
Variational Omni CRCL
Deribit CRCL_USDC-PERPETUAL
Aster CRCLUSDT
Lighter CRCL
Binance CRCLUSDT
Extended CRCL_24_5-USD
Phoenix CRCL
OKX CRCL-USDT-SWAP
BloFin CRCL-USDT
Nado CRCL-PERP
RISEx CRCL/USDC
edgeX CRCLUSDC