CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.004%

Price spread now: SoDEX against Pacifica+0.070%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. SoDEX is 0.070% dearer against Pacifica than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CRCL	91.933	0.0100	pay 0.0013% / 1h	26m 46s	$135K	$159K	10x
Short	SoDEX CRCL-USD	91.998	0.0050	get 0.0006% / 1h	26m 46s	$46K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.070%Rate

Funding earned: −$10.5
Price spread: +0.070% → 0.000%: $7.03
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$19.47
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 7 min ago; SoDEX: 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 live order book, 7 min ago	6.53 bp	17.8 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0688%	8h	92.000	+0.072%	$16.6M	$35.7M	25x	as long as short
Vest CRCL-USD-PERP	−0.0062%	1h	91.820	−0.123%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.940	+0.007%	$14.9M	$26.6M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.070	+0.149%	$7.3M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	92.099	+0.180%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.990	+0.062%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0023%	8h	92.010	+0.084%	$1.1M	$5.0M	20x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.952	+0.020%	$975K	$2.9M	10x	as long as short
Extended CRCL_24_5-USD	+0.0032%	1h	91.933	0.000%	$1.2M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0032%	8h	91.940	+0.007%	$104.6M	$392.4M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0040%	1h	91.956	+0.024%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.960	+0.029%	$93K	$273K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.890	−0.047%	$907K	$510K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.888	−0.049%	$68.3M	$41.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.008	+0.081%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USDshort	+0.0050%	1h	91.998	+0.070%	$46K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.950	+0.018%	$1.0M	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0059%	8h	91.923	−0.011%	$423	$905	5x	as long as short
QFEX CRCL-USD	+0.0060%	1h	92.030	+0.105%	$1.3M	$1.9M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0076%	1h	92.020	+0.094%	$4K	$768K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0096%	8h	91.960	+0.029%	$22.3M	$61.8M	50x	as long as short
Pacifica CRCLlong	+0.0100%	1h	91.933	long leg	$135K	$159K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	91.950	+0.018%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.970	+0.040%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.010	+0.083%	$917	$2K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0101%	8h	92.040	+0.116%	$70K	$1.1M	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.009	+0.082%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.945	+0.013%	$418K	$299K	10x	as long as short
BloFin CRCL-USDT	+0.0131%	8h	92.010	+0.083%	$1.1M	$1.6M	20x	as long as short
Phoenix CRCL	+0.0182%	1h	91.924	−0.010%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0272%	1h	91.975	+0.045%	$3.0M	$2.4M	10x	as long as short
edgeX CRCLUSDC	+0.0275%	4h	92.028	+0.103%	$51K	$275K	10x	as long as short
Nado CRCL-PERP	+0.0363%	1h	92.007	+0.080%	$134K	$107K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.350	+0.453%	$5K	$19K	30x	as long as short