CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.26 per $10,000 · paid last 24h +0.008%

Price spread now: Bybit against Orderly0.000%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 Bybit

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

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CRCL_USDC_mythos	94.180	0.0100	pay 0.0100% / 8h	1h 27m	$939	$3K	10x
Short	Bybit CRCLUSDT	94.180	0.0074	get 0.0074% / 8h	1h 27m	$15.5M	$25.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$5.5
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.5
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Bybit: 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 Bybit live order book, 1 min ago	1.06 bp	13.6 bp −$14	20.9 bp −$209	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
Gate CRCL_USDT	0.0000%	8h	94.170	−0.011%	$7.2M	$27.6M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.200	+0.021%	$1.0M	$50K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.188	+0.008%	$888K	$2.9M	10x	as long as short
QFEX CRCL-USD	+0.0033%	1h	94.160	−0.021%	$1.4M	$2.8M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.100	−0.085%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0047%	1h	94.248	+0.072%	$2K	$20K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.189	+0.010%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.157	−0.024%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.130	−0.053%	$1.1M	$5.8M	10x	as long as short
Bybit CRCLUSDTshort	+0.0074%	8h	94.180	0.000%	$15.5M	$25.9M	50x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0080%	1h	94.100	−0.085%	$936K	$740K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.190	+0.011%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.190	+0.011%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.170	−0.011%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythoslong	+0.0100%	8h	94.180	long leg	$939	$3K	10x
Aevo CRCL-PERP	+0.0104%	1h	94.201	+0.022%	$4	—	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0126%	8h	94.190	+0.011%	$59K	$1.2M	10x	as long as short
Variational Omni CRCL	+0.0128%	8h	94.183	+0.003%	$2.5M	$3.2M	—	as long as short
Paradex CRCL-USD-PERP	+0.0151%	8h	94.217	+0.039%	$773	$740	5x	as long as short
tradeXYZ xyz:CRCL	+0.0154%	1h	94.127	−0.056%	$70.6M	$42.8M	10x	as long as short
RISEx CRCL/USDC	+0.0159%	1h	94.265	+0.090%	$430K	$310K	10x	as long as short
Extended CRCL_24_5-USD	+0.0168%	1h	94.133	−0.050%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0171%	8h	94.150	−0.032%	$108.2M	$388.6M	50x	as long as short
Aster CRCLUSDT	+0.0194%	8h	94.130	−0.053%	$1.1M	$4.8M	20x	as long as short
edgeX CRCLUSDC	+0.0200%	4h	94.277	+0.103%	$24K	$268K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0211%	8h	94.140	−0.042%	$22.7M	$60.3M	50x	as long as short
Phoenix CRCL	+0.0212%	1h	94.187	+0.007%	$28K	$92K	10x	as long as short
Arcus CRCL-USD	+0.0214%	1h	94.200	+0.021%	$96K	$275K	10x	as long as short
Nado CRCL-PERP	+0.0264%	1h	94.132	−0.051%	$126K	$74K	3x	as long as short
Lighter CRCL	+0.0288%	1h	94.199	+0.020%	$3.0M	$2.3M	10x	as long as short
BloFin CRCL-USDT	+0.0292%	8h	94.120	−0.064%	$1.1M	$579K	20x	as long as short
Bitget CRCLUSDT	+0.0314%	8h	94.180	0.000%	$16.6M	$35.2M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.760	+0.616%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0600%	1h	94.200	+0.021%	$4K	$771K	10x	as long as short