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
Funding, last 4 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 · 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CRCL | 92.550 | 0.0100 | pay 0.0013% / 1h | 59m 36s | $136K | $139K | 10x |
| Short | Vest CRCL-USD-PERP | 92.510 | −0.0073 | pay 0.0009% / 1h | 59m 36s | — | $31K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 14 min ago | 10.24 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERPshort | −0.0073% | 1h | 92.510 | −0.043% | — | $31K | 25x | |
| Bitget CRCLUSDT | 0.0000% | 8h | 92.660 | +0.119% | $18.0M | $35.2M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.730 | +0.194% | $1.0M | $46K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.644 | +0.101% | $994K | $2.3M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 92.580 | +0.032% | $891K | $682K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0038% | 1h | 92.676 | +0.136% | $2K | $29K | 5x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.510 | −0.043% | $1.1M | $4.3M | 10x | as long as short |
| QFEX CRCL-USD | +0.0065% | 1h | 92.590 | +0.043% | $1.4M | $1.7M | 10x | as long as short |
| Gate CRCL_USDT | +0.0073% | 8h | 92.780 | +0.248% | $7.3M | $28.1M | 50x | as long as short |
| Polymarket Perps CRCL-USD | +0.0093% | 1h | 92.679 | +0.139% | $381K | $964K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRCLlong | +0.0100% | 1h | 92.550 | long leg | $136K | $139K | 10x | |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.660 | +0.119% | $2.7M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.710 | +0.173% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.720 | +0.183% | $924 | $1K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.741 | +0.206% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0167% | 8h | 92.587 | +0.040% | $426 | $766 | 5x | as long as short |
| Bybit CRCLUSDT | +0.0182% | 8h | 92.630 | +0.086% | $15.1M | $26.1M | 50x | as long as short |
| Lighter CRCL | +0.0208% | 1h | 92.643 | +0.100% | $3.0M | $2.0M | 10x | as long as short |
| Phoenix CRCL | +0.0254% | 1h | 92.745 | +0.210% | $27K | $66K | 10x | as long as short |
| Variational Omni CRCL | +0.0257% | 8h | 92.578 | +0.030% | $2.4M | $3.2M | — | as long as short |
| Aster CRCLUSDT | +0.0310% | 8h | 92.672 | +0.131% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0312% | 8h | 92.630 | +0.086% | $22.6M | $59.4M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0320% | 1h | 92.697 | +0.158% | $1.1M | $5.0M | 10x | as long as short |
| Binance CRCLUSDT | +0.0324% | 8h | 92.600 | +0.054% | $106.7M | $377.6M | 50x | as long as short |
| tradeXYZ xyz:CRCL | +0.0358% | 1h | 92.608 | +0.062% | $67.8M | $42.8M | 10x | as long as short |
| Nado CRCL-PERP | +0.0364% | 1h | 92.551 | 0.000% | $149K | $111K | 3x | as long as short |
| Arcus CRCL-USD | +0.0368% | 1h | 92.620 | +0.075% | $96K | $269K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 93.200 | +0.702% | $39K | $172K | 30x | as long as short |
| BloFin CRCL-USDT | +0.0443% | 8h | 92.620 | +0.075% | $1.1M | $1.7M | 20x | as long as short |
| RISEx CRCL/USDC | +0.0501% | 1h | 92.670 | +0.129% | $415K | $256K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0613% | 1h | 92.730 | +0.194% | $5K | $622K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0654% | 1h | 92.669 | +0.128% | $46K | $3K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0771% | 8h | 92.761 | +0.228% | $70K | $1.1M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0825% | 4h | 92.817 | +0.288% | $53K | $269K | 10x | as long as short |
Pacifica CRCL
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
Gate CRCL_USDT
Polymarket Perps CRCL-USD
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Paradex CRCL-USD-PERP
Bybit CRCLUSDT
Lighter CRCL
Phoenix CRCL
Variational Omni CRCL
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Binance CRCLUSDT
tradeXYZ xyz:CRCL
Injective CRCL/USDC PERP
BloFin CRCL-USDT
RISEx CRCL/USDC
Deribit CRCL_USDC-PERPETUAL
SoDEX CRCL-USD
GRVT CRCL_USDT_Perp
edgeX CRCLUSDC