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

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment $0.31 per $10,000 · paid last 24h +0.021%
Price spread now: Binance against Orderly+0.011%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_CRCL_USDC_mythos91.5700.0100pay 0.0100% / 8h1h 58m$913$2K10x
ShortBinance CRCLUSDT91.5800.0069get 0.0069% / 8h1h 58m$104.7M$397.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$6.51
Price spread: +0.011% → 0.000%
$1.09
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$21.41
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 16 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 Orderly no order-book sample
Sell Binance live order book, 16 min ago0.55 bp6.5 bp −$610.8 bp −$10833.8 bp −$3,384130.8 bp −$65.4K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0767%8h91.640+0.076%$17.4M$37.0M25xas long as short
Vest CRCL-USD-PERP−0.0083%1h91.350−0.240%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.5700.000%$14.7M$26.7M50xas long as short
Gate CRCL_USDT0.0000%8h91.620+0.055%$7.8M$27.3M50xas long as short
Variational Omni CRCL0.0000%8h91.718+0.162%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.610+0.044%$1.0M$48K10xas long as short
Aftermath Perps CRCLUSD+0.0039%1h91.582+0.013%$2K$27K5xas long as short
Arcus CRCL-USD+0.0040%1h91.600+0.033%$93K$289K10xas long as short
SoDEX CRCL-USD+0.0050%1h91.558−0.013%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.530−0.044%$1.1M$5.2M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRCLUSDT+0.0054%8h91.503−0.073%$1.0M$5.1M20xas long as short
Coinbase International CRCL-PERP-INTX+0.0056%1h91.470−0.109%$891K$605K10xas long as short
QFEX CRCL-USD+0.0068%1h91.650+0.087%$1.3M$1.8M10xas long as short
Binance CRCLUSDTshort+0.0069%8h91.580+0.011%$104.7M$397.7M50x
Lighter RH CRCL+0.0072%1h91.594+0.026%$978K$2.7M10xas long as short
Extended CRCL_24_5-USD+0.0072%1h91.563−0.007%$1.0M$5.7M10xas long as short
Pacifica CRCL+0.0100%1h91.498−0.079%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.600+0.033%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.590+0.022%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythoslong+0.0100%8h91.570long leg$913$2K10x
Aevo CRCL-PERP+0.0104%1h91.567−0.003%$410xas long as short
GRVT CRCL_USDT_Perp+0.0158%8h91.730+0.175%$65K$1.1M10xas long as short
Paradex CRCL-USD-PERP+0.0160%8h91.575+0.006%$421$9055xas long as short
OKX CRCL-USDT-SWAP+0.0169%8h91.580+0.011%$22.2M$62.7M50xas long as short
BloFin CRCL-USDT+0.0187%8h91.630+0.066%$1.1M$1.6M20xas long as short
Phoenix CRCL+0.0210%1h91.686+0.127%$27K$82K10xas long as short
RISEx CRCL/USDC+0.0271%1h91.640+0.076%$417K$271K10xas long as short
tradeXYZ xyz:CRCL+0.0283%1h91.520−0.055%$67.8M$44.3M10xas long as short
Polymarket Perps CRCL-USD+0.0329%1h91.599+0.032%$384K$1.3M10xas long as short
Lighter CRCL+0.0368%1h91.596+0.028%$2.9M$2.4M10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.120+0.601%$5K$19K30xas long as short
Nado CRCL-PERP+0.0520%1h91.517−0.058%$133K$108K3xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0843%1h91.5700.000%$5K$769K10xas long as short
edgeX CRCLUSDC+0.0861%4h91.687+0.127%$52K$278K10xas long as short