CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h +0.018%

Price spread now: Aster against Orderly+0.060%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.060% dearer against Orderly than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CRCL_USDC_mythos	91.470	0.0100	pay 0.0100% / 8h	3h 00m	$912	$2K	10x
Short	Aster CRCLUSDT	91.525	0.0016	get 0.0016% / 8h	3h 00m	$1.1M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee AsterbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$17.69
Price spread: +0.060% → 0.000%: $6.04
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.64
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 4 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	1.09 bp	8.4 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit

Orderly: 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	−0.0688%	8h	91.550	+0.087%	$16.6M	$35.9M	25x	as long as short
Vest CRCL-USD-PERP	−0.0062%	1h	91.300	−0.186%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.510	+0.044%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.510	+0.044%	$7.3M	$27.6M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.529	+0.064%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.540	+0.077%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDTshort	+0.0016%	8h	91.525	+0.060%	$1.1M	$5.1M	20x
Extended CRCL_24_5-USD	+0.0024%	1h	91.445	−0.027%	$1.1M	$5.6M	10x	as long as short
Binance CRCLUSDT	+0.0026%	8h	91.490	+0.022%	$104.3M	$393.0M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.509	+0.043%	$971K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0040%	1h	91.660	+0.207%	$2K	$26K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.680	+0.230%	$93K	$291K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.500	+0.033%	$912K	$521K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.409	−0.067%	$67.8M	$42.4M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.517	+0.051%	$387K	$1.2M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.484	+0.015%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.450	−0.022%	$1.0M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.500	+0.033%	$1.3M	$1.8M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0081%	8h	91.506	+0.040%	$421	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0089%	8h	91.920	+0.492%	$70K	$1.1M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.537	+0.073%	$135K	$160K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.520	+0.055%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.750	+0.306%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythoslong	+0.0100%	8h	91.470	long leg	$912	$2K	10x
OKX CRCL-USDT-SWAP	+0.0101%	8h	91.490	+0.022%	$22.3M	$61.6M	50x	as long as short
BloFin CRCL-USDT	+0.0102%	8h	91.550	+0.087%	$1.1M	$1.6M	20x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.472	+0.002%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.530	+0.066%	$417K	$299K	10x	as long as short
Phoenix CRCL	+0.0182%	1h	91.810	+0.372%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0248%	1h	91.518	+0.052%	$2.9M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0350%	1h	91.465	−0.006%	$133K	$108K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0406%	1h	91.470	0.000%	$4K	$768K	10x	as long as short
edgeX CRCLUSDC	+0.0434%	4h	91.779	+0.338%	$51K	$277K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.300	+0.907%	$5K	$19K	30x	as long as short