CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0212%/8h= +23.2% APRnext payment +$2.12 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against Orderly+0.053%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 Bitget

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—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.053% dearer against Orderly than usual: you sell high and buy low: +$5 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	Orderly PERP_CRCL_USDC_mythos	94.540	0.0100	pay 0.0100% / 8h	48m 16s	$943	$3K	10x
Short	Bitget CRCLUSDT	94.590	0.0312	get 0.0312% / 8h	48m 16s	$16.8M	$35.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.053%Rate

Funding earned: $44.52
Price spread: +0.053% → 0.000%: $5.29
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: $31.81
Costs to cover: 0.180%
Break-even: 2.0 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago	0.53 bp	6.5 bp −$7	13.2 bp −$132	64.8 bp −$6,478	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
Gate CRCL_USDT	0.0000%	8h	94.580	+0.042%	$7.2M	$27.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.550	+0.011%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.530	−0.011%	$1.4M	$2.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.390	−0.159%	$939K	$722K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.430	−0.116%	—	$45K	25x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.560	+0.021%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.390	−0.159%	$1.1M	$5.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0051%	1h	94.505	−0.037%	$2K	$20K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0083%	1h	94.528	−0.013%	$366K	$1.1M	10x	as long as short
Bybit CRCLUSDT	+0.0096%	8h	94.580	+0.042%	$15.6M	$25.8M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCL	+0.0100%	1h	94.510	−0.032%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.530	−0.011%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.450	−0.095%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythoslong	+0.0100%	8h	94.540	long leg	$943	$3K	10x
Aevo CRCL-PERP	+0.0104%	1h	94.562	+0.024%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0113%	8h	94.523	−0.018%	$2.5M	$3.1M	—	as long as short
Lighter RH CRCL	+0.0120%	1h	94.600	+0.063%	$891K	$2.9M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0129%	8h	94.547	+0.007%	$775	$740	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0149%	8h	94.544	+0.005%	$63K	$1.1M	10x	as long as short
Extended CRCL_24_5-USD	+0.0168%	1h	94.543	+0.003%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0172%	8h	94.571	+0.033%	$108.9M	$388.7M	50x	as long as short
Aster CRCLUSDT	+0.0184%	8h	94.467	−0.077%	$1.1M	$4.9M	20x	as long as short
edgeX CRCLUSDC	+0.0189%	4h	94.530	−0.010%	$24K	$268K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0200%	8h	94.590	+0.053%	$22.9M	$60.6M	50x	as long as short
Phoenix CRCL	+0.0288%	1h	94.557	+0.018%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0291%	8h	94.510	−0.032%	$1.1M	$589K	20x	as long as short
tradeXYZ xyz:CRCL	+0.0295%	1h	94.521	−0.020%	$70.9M	$42.7M	10x	as long as short
Bitget CRCLUSDTshort	+0.0312%	8h	94.590	+0.053%	$16.8M	$35.3M	25x
Nado CRCL-PERP	+0.0322%	1h	94.467	−0.077%	$127K	$73K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.950	+0.434%	$5K	$19K	30x	as long as short
Lighter CRCL	+0.0456%	1h	94.613	+0.077%	$3.1M	$2.2M	10x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.530	−0.011%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.570	+0.032%	$431K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0915%	1h	94.570	+0.032%	$4K	$772K	10x	as long as short