Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.081%
Price spread now: RISEx against Ondo Perps+0.109%7-day average +0.134% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.109%, 7d avg +0.134%
=Together, before fees+0.207%+ Points / potential airdropOndo Perps: Active · farm board+$21 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 RISEx is 0.025% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.134%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.240%, 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 | 92.020 | 0.0050 | pay 0.0006% / 1h | 1m 18s | $1.0M | $5.2M | 10x |
| Short | RISEx CRCL/USDC | 92.121 | 0 | get 0.0000% / 1h | 1m 18s | $421K | $298K | 10x |
Ondo Perps CRCL-USD.P
RISEx CRCL/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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: +0.109% → +0.134%
- −$2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$24.05
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 62 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 RISEx live order book, 62 min ago | 1.63 bp | 4.6 bp −$5 | 6.4 bp −$64 | 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 | −0.1012% | 8h | 92.190 | +0.185% | $16.1M | $34.6M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0075% | 1h | 91.930 | −0.098% | — | $31K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 92.080 | +0.065% | $908K | $501K | 10x | as long as short |
| Aster CRCLUSDT | 0.0000% | 8h | 92.118 | +0.107% | $1.1M | $4.9M | 20x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 92.134 | +0.124% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 92.166 | +0.159% | $105.1M | $386.0M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.170 | +0.163% | $15.2M | $25.9M | 50x | as long as short |
| RISEx CRCL/USDCshort | 0.0000% | 1h | 92.121 | +0.109% | $421K | $298K | 10x | |
| Gate CRCL_USDT | 0.0000% | 8h | 92.170 | +0.163% | $7.2M | $27.0M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.967 | −0.058% | $2.5M | $3.2M | — | as long as short |
Bitget CRCLUSDT
Vest CRCL-USD-PERP
Coinbase International CRCL-PERP-INTX
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCLShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 92.034 | +0.015% | $68K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.160 | +0.152% | $1.0M | $49K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0006% | 8h | 92.190 | +0.185% | $21.6M | $59.9M | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.0023% | 1h | 92.039 | +0.021% | $2K | $24K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 92.120 | +0.109% | $1.3M | $2.1M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.200 | +0.196% | $978K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 92.010 | −0.011% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.118 | +0.106% | $68.7M | $41.4M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.112 | +0.100% | $359K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.117 | +0.105% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Plong | +0.0050% | 1h | 92.020 | long leg | $1.0M | $5.2M | 10x | |
| Paradex CRCL-USD-PERP | +0.0081% | 8h | 92.104 | +0.091% | $755 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.116 | +0.105% | $133K | $156K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.100 | +0.087% | $2.7M | $2.0M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.000 | −0.022% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.120 | +0.109% | $918 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.150 | +0.142% | $4 | — | 10x | as long as short |
| BloFin CRCL-USDT | +0.0120% | 8h | 92.180 | +0.174% | $1.1M | $1.3M | 20x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 92.176 | +0.170% | $27K | $84K | 10x | as long as short |
| Lighter CRCL | +0.0208% | 1h | 92.178 | +0.172% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0218% | 1h | 92.053 | +0.036% | $131K | $104K | 3x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0401% | 1h | 92.170 | +0.163% | $4K | $767K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.530 | +0.554% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0747% | 4h | 91.992 | −0.030% | $23K | $249K | 10x | as long as short |
GRVT CRCL_USDT_Perp
Phemex 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
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Nado CRCL-PERP
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
edgeX CRCLUSDC