CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.58 per $10,000 · paid last 24h −0.012%

Price spread now: Bitget against Paradex+0.031%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Bitget

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 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Bitget is 0.031% dearer against Paradex than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CRCL-USD-PERP	95.701	0.0195	pay 0.0195% / 8h	4h 08m	$440	$477	5x
Short	Bitget CRCLUSDT	95.730	0.0137	get 0.0137% / 8h	4h 08m	$20.1M	$40.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Paradex. 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 ParadexbpFee BitgetbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$12.27
Price spread: +0.031% → 0.000%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$25.2
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 3 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 Paradex no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	1.56 bp	12.5 bp −$12	25.3 bp −$253	51.2 bp −$5,119	doesn't fit

Paradex: 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 exchanges

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
Coinbase International CRCL-PERP-INTX	−0.0024%	1h	95.830	+0.135%	$821K	$1.1M	10x	as long as short
RISEx CRCL/USDC	0.0000%	1h	95.765	+0.067%	$449K	$227K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	95.910	+0.219%	$1.1M	$47K	10x	as long as short
QFEX CRCL-USD	+0.0014%	1h	95.840	+0.146%	$1.4M	$1.8M	10x	as long as short
Gate CRCL_USDT	+0.0030%	8h	95.790	+0.093%	$7.8M	$29.0M	50x	as long as short
Injective CRCL/USDC PERP	+0.0033%	1h	96.340	+0.668%	$40K	$174K	30x	as long as short
Bybit CRCLUSDT	+0.0035%	8h	95.700	−0.001%	$15.7M	$33.6M	50x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	95.950	+0.261%	—	$30K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0050%	1h	95.899	+0.207%	$2K	$29K	5x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	95.670	−0.032%	$1.2M	$4.5M	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus CRCL-USD	+0.0057%	1h	95.720	+0.020%	$107K	$312K	10x	as long as short
Lighter RH CRCL	+0.0072%	1h	95.689	−0.012%	$1.1M	$3.2M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	95.710	+0.009%	$140K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	95.790	+0.093%	$2.5M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	96.020	+0.334%	$108K	$35K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	95.900	+0.208%	$603	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	95.933	+0.243%	$4	—	10x	as long as short
tradeXYZ xyz:CRCL	+0.0134%	1h	95.668	−0.034%	$70.5M	$46.9M	10x	as long as short
Phoenix CRCL	+0.0136%	1h	96.220	+0.543%	$31K	$94K	10x	as long as short
Bitget CRCLUSDTshort	+0.0137%	8h	95.730	+0.031%	$20.1M	$40.6M	25x
Paradex CRCL-USD-PERPlong	+0.0195%	8h	95.701	long leg	$440	$477	5x
Variational Omni CRCL	+0.0213%	8h	96.189	+0.510%	$2.6M	$3.4M	—	as long as short
OKX CRCL-USDT-SWAP	+0.0289%	8h	95.740	+0.041%	$25.4M	$75.0M	50x	as long as short
Extended CRCL_24_5-USD	+0.0296%	1h	95.740	+0.042%	$1.1M	$4.2M	10x	as long as short
Binance CRCLUSDT	+0.0297%	8h	95.786	+0.089%	$119.1M	$435.4M	50x	as long as short
Aster CRCLUSDT	+0.0306%	8h	95.780	+0.083%	$1.1M	$5.3M	20x	as long as short
GRVT CRCL_USDT_Perp	+0.0363%	8h	96.060	+0.376%	$57K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0372%	1h	95.830	+0.135%	$48K	$3K	10x	as long as short
edgeX CRCLUSDC	+0.0423%	4h	96.164	+0.484%	$55K	$277K	10x	as long as short
BloFin CRCL-USDT	+0.0423%	8h	95.930	+0.240%	$1.2M	$1.8M	20x	as long as short
Polymarket Perps CRCL-USD	+0.0451%	1h	95.932	+0.242%	$287K	$1.4M	10x	as long as short
Nado CRCL-PERP	+0.0480%	1h	95.893	+0.201%	$190K	$125K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0481%	1h	95.890	+0.198%	$5K	$409K	10x	as long as short
Lighter CRCL	+0.0536%	1h	95.761	+0.063%	$3.3M	$2.6M	10x	as long as short