CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.013%

Price spread now: Ondo Perps against Pacifica−0.106%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.106% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CRCL	94.170	0.0100	pay 0.0013% / 1h	26m 01s	$75K	$99K	10x
Short	Ondo Perps CRCL-USD.P	94.070	0.0050	get 0.0006% / 1h	26m 01s	$1.1M	$5.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Pacifica. 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 PacificabpFee Ondo PerpsbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$10.42
Price spread: −0.106% → 0.000%: −$10.62
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$34.04
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Ondo Perps: no order-book sample. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Pacifica and Ondo Perps: 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	94.230	+0.064%	$7.2M	$27.6M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.240	+0.074%	$1.0M	$50K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.251	+0.086%	$888K	$2.9M	10x	as long as short
QFEX CRCL-USD	+0.0033%	1h	94.120	−0.053%	$1.4M	$2.8M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.160	−0.011%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0047%	1h	94.205	+0.037%	$2K	$20K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.199	+0.031%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.200	+0.032%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.Pshort	+0.0050%	1h	94.070	−0.106%	$1.1M	$5.8M	10x
Bybit CRCLUSDT	+0.0072%	8h	94.260	+0.096%	$15.5M	$25.9M	50x	as long as short

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	−0.074%	$936K	$740K	10x	as long as short
Pacifica CRCLlong	+0.0100%	1h	94.170	long leg	$75K	$99K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.230	+0.064%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.110	−0.064%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.200	+0.032%	$939	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.248	+0.083%	$4	—	10x	as long as short
edgeX CRCLUSDC	+0.0123%	4h	94.166	−0.005%	$24K	$266K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0124%	8h	94.204	+0.036%	$59K	$1.2M	10x	as long as short
Variational Omni CRCL	+0.0128%	8h	94.183	+0.014%	$2.5M	$3.2M	—	as long as short
Paradex CRCL-USD-PERP	+0.0148%	8h	94.216	+0.049%	$773	$740	5x	as long as short
tradeXYZ xyz:CRCL	+0.0152%	1h	94.209	+0.041%	$70.6M	$42.8M	10x	as long as short
RISEx CRCL/USDC	+0.0159%	1h	94.210	+0.042%	$430K	$310K	10x	as long as short
Extended CRCL_24_5-USD	+0.0168%	1h	94.219	+0.052%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0172%	8h	94.234	+0.068%	$108.3M	$388.7M	50x	as long as short
Aster CRCLUSDT	+0.0193%	8h	94.153	−0.018%	$1.1M	$4.8M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0209%	8h	94.240	+0.074%	$22.8M	$60.4M	50x	as long as short
Phoenix CRCL	+0.0212%	1h	94.187	+0.018%	$28K	$92K	10x	as long as short
Arcus CRCL-USD	+0.0214%	1h	94.200	+0.032%	$96K	$275K	10x	as long as short
Nado CRCL-PERP	+0.0261%	1h	94.162	−0.008%	$126K	$74K	3x	as long as short
Lighter CRCL	+0.0280%	1h	94.257	+0.092%	$3.0M	$2.3M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0281%	1h	94.210	+0.042%	$4K	$771K	10x	as long as short
BloFin CRCL-USDT	+0.0291%	8h	94.200	+0.032%	$1.1M	$579K	20x	as long as short
Bitget CRCLUSDT	+0.0313%	8h	94.260	+0.096%	$16.6M	$35.1M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.760	+0.627%	$5K	$19K	30x	as long as short