Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0173%/8h= −18.9% APRnext payment $0.22 per $10,000 · paid last 24h −0.021%
Price spread now: Vest against Pacifica−0.043%49s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.043% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CRCL92.5500.0100pay 0.0013% / 1h59m 36s$136K$139K10x
ShortVest CRCL-USD-PERP92.510−0.0073pay 0.0009% / 1h59m 36s$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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

Funding earned
−$36.25
Price spread: −0.043% → 0.000%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$50.6
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 14 min ago; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 14 min ago10.24 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CRCL-USD-PERPshort−0.0073%1h92.510−0.043%$31K25x
Bitget CRCLUSDT0.0000%8h92.660+0.119%$18.0M$35.2M25xas long as short
Phemex CRCLUSDT0.0000%4h92.730+0.194%$1.0M$46K10xas long as short
Lighter RH CRCL+0.0032%1h92.644+0.101%$994K$2.3M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0032%1h92.580+0.032%$891K$682K10xas long as short
Aftermath Perps CRCLUSD+0.0038%1h92.676+0.136%$2K$29K5xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h92.510−0.043%$1.1M$4.3M10xas long as short
QFEX CRCL-USD+0.0065%1h92.590+0.043%$1.4M$1.7M10xas long as short
Gate CRCL_USDT+0.0073%8h92.780+0.248%$7.3M$28.1M50xas long as short
Polymarket Perps CRCL-USD+0.0093%1h92.679+0.139%$381K$964K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRCLlong+0.0100%1h92.550long leg$136K$139K10x
KuCoin CRCLUSDTM+0.0100%8h92.660+0.119%$2.7M$1.6M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.710+0.173%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.720+0.183%$924$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h92.741+0.206%$410xas long as short
Paradex CRCL-USD-PERP+0.0167%8h92.587+0.040%$426$7665xas long as short
Bybit CRCLUSDT+0.0182%8h92.630+0.086%$15.1M$26.1M50xas long as short
Lighter CRCL+0.0208%1h92.643+0.100%$3.0M$2.0M10xas long as short
Phoenix CRCL+0.0254%1h92.745+0.210%$27K$66K10xas long as short
Variational Omni CRCL+0.0257%8h92.578+0.030%$2.4M$3.2Mas long as short
Aster CRCLUSDT+0.0310%8h92.672+0.131%$1.1M$4.9M20xas long as short
OKX CRCL-USDT-SWAP+0.0312%8h92.630+0.086%$22.6M$59.4M50xas long as short
Extended CRCL_24_5-USD+0.0320%1h92.697+0.158%$1.1M$5.0M10xas long as short
Binance CRCLUSDT+0.0324%8h92.600+0.054%$106.7M$377.6M50xas long as short
tradeXYZ xyz:CRCL+0.0358%1h92.608+0.062%$67.8M$42.8M10xas long as short
Nado CRCL-PERP+0.0364%1h92.5510.000%$149K$111K3xas long as short
Arcus CRCL-USD+0.0368%1h92.620+0.075%$96K$269K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h93.200+0.702%$39K$172K30xas long as short
BloFin CRCL-USDT+0.0443%8h92.620+0.075%$1.1M$1.7M20xas long as short
RISEx CRCL/USDC+0.0501%1h92.670+0.129%$415K$256K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0613%1h92.730+0.194%$5K$622K10xas long as short
SoDEX CRCL-USD+0.0654%1h92.669+0.128%$46K$3K10xas long as short
GRVT CRCL_USDT_Perp+0.0771%8h92.761+0.228%$70K$1.1M10xas long as short
edgeX CRCLUSDC+0.0825%4h92.817+0.288%$53K$269K10xas long as short