CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.019%

Price spread now: Gate against Orderly+0.022%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 Gate

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 pays, funding is against you. Gate is 0.022% dearer against Orderly than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CRCL_USDC_mythos	91.750	0.0100	pay 0.0100% / 8h	5h 31m	$915	$2K	10x
Short	Gate CRCL_USDT	91.770	0	get 0.0000% / 8h	5h 31m	$7.1M	$26.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.022%Rate

Funding earned: −$21
Price spread: +0.022% → 0.000%: $2.18
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$39.82
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago	1.64 bp	13.7 bp −$14	33.2 bp −$332	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	−0.1322%	8h	91.750	0.000%	$15.8M	$34.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0076%	1h	91.460	−0.316%	—	$35K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.450	−0.327%	$902K	$527K	10x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.677	−0.079%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.760	+0.011%	$104.4M	$384.6M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.800	+0.054%	$15.0M	$25.7M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.706	−0.048%	$419K	$298K	10x	as long as short
Gate CRCL_USDTshort	0.0000%	8h	91.770	+0.022%	$7.1M	$26.6M	50x
Variational Omni CRCL	0.0000%	8h	91.607	−0.156%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.639	−0.121%	$65K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	91.590	−0.174%	$1.0M	$49K	10x	as long as short
Aster CRCLUSDT	+0.0003%	8h	91.693	−0.062%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0012%	8h	91.820	+0.076%	$21.6M	$59.5M	50x	as long as short
Aftermath Perps CRCLUSD	+0.0019%	1h	91.593	−0.171%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.690	−0.065%	$1.3M	$2.1M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.678	−0.078%	$974K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.570	−0.196%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.709	−0.045%	$68.6M	$41.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.697	−0.058%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.590	−0.174%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.520	−0.251%	$970K	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0067%	8h	91.701	−0.053%	$752	$740	5x	as long as short
BloFin CRCL-USDT	+0.0067%	8h	91.600	−0.163%	$1.1M	$1.3M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	91.660	−0.098%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.680	−0.076%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.610	−0.153%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythoslong	+0.0100%	8h	91.750	long leg	$915	$2K	10x
Aevo CRCL-PERP	+0.0104%	1h	91.756	+0.006%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0175%	1h	91.691	−0.064%	$131K	$104K	3x	as long as short
Phoenix CRCL	+0.0183%	1h	91.608	−0.155%	$27K	$84K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0187%	1h	91.610	−0.153%	$4K	$767K	10x	as long as short
Lighter CRCL	+0.0192%	1h	91.686	−0.070%	$3.0M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.200	+0.490%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0590%	4h	91.601	−0.163%	$23K	$268K	10x	as long as short