Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Pacifica against Ondo Perps+0.058%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.058% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps CRCL-USD.P91.8100.0050pay 0.0006% / 1h21m 37s$999K$5.5M10x
ShortPacifica CRCL91.8640.0100get 0.0013% / 1h21m 37s$129K$153K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.42
Price spread: +0.058% → 0.000%
$5.83
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$3.25
Costs to cover
0.130%
Break-even
4.8 days
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Pacifica live order book, 27 min ago25.99 bp33.0 bp −$33doesn't fitdoesn't fitdoesn'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 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0707%8h91.930+0.131%$16.0M$35.5M25xas long as short
Vest CRCL-USD-PERP−0.0031%1h91.740−0.076%$40K25xas long as short
Gate CRCL_USDT−0.0016%8h91.880+0.076%$7.1M$26.7M50xas long as short
Coinbase International CRCL-PERP-INTX−0.0008%1h91.950+0.152%$915K$583K10xas long as short
Bybit CRCLUSDT0.0000%8h91.920+0.120%$15.0M$25.9M50xas long as short
RISEx CRCL/USDC0.0000%1h91.846+0.039%$419K$299K10xas long as short
Variational Omni CRCL0.0000%8h92.310+0.544%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.906+0.104%$63K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h91.990+0.196%$1.0M$49K10xas long as short
Aftermath Perps CRCLUSD+0.0025%1h92.016+0.225%$2K$23K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CRCL+0.0032%1h91.895+0.093%$977K$2.9M10xas long as short
Arcus CRCL-USD+0.0040%1h91.950+0.152%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.8100.000%$69.0M$42.1M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.955+0.158%$356K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.935+0.136%$46K$3K10xas long as short
Ondo Perps CRCL-USD.Plong+0.0050%1h91.810long leg$999K$5.5M10x
Extended CRCL_24_5-USD+0.0056%1h91.820+0.011%$1.1M$5.7M10xas long as short
Binance CRCLUSDT+0.0056%8h91.900+0.098%$104.8M$393.4M50xas long as short
QFEX CRCL-USD+0.0057%1h91.850+0.044%$1.3M$2.3M10xas long as short
OKX CRCL-USDT-SWAP+0.0061%8h91.960+0.163%$21.7M$60.3M50xas long as short
Aster CRCLUSDT+0.0063%8h91.863+0.058%$1.1M$4.9M20xas long as short
Paradex CRCL-USD-PERP+0.0075%8h91.845+0.039%$753$7405xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0076%1h91.990+0.196%$4K$769K10xas long as short
Pacifica CRCLshort+0.0100%1h91.864+0.058%$129K$153K10x
KuCoin CRCLUSDTM+0.0100%8h91.900+0.098%$2.9M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.900+0.098%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.990+0.196%$917$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.977+0.182%$410xas long as short
edgeX CRCLUSDC+0.0141%4h91.897+0.095%$23K$267K10xas long as short
Nado CRCL-PERP+0.0156%1h91.925+0.125%$131K$103K3xas long as short
Lighter CRCL+0.0208%1h91.890+0.087%$3.0M$2.4M10xas long as short
Phoenix CRCL+0.0231%1h92.115+0.332%$27K$92K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.500+0.752%$5K$19K30xas long as short