Funding you earn now, next payment 16:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.035%
Price spread now: Gate against Paradex+0.107%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Gate is 0.107% dearer against Paradex than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 34 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex CRCL-USD-PERP | 92.571 | 0.0092 | pay 0.0092% / 8h | 5h 28m | $426 | $477 | 5x |
| Short | Gate CRCL_USDT | 92.670 | 0.0081 | get 0.0081% / 8h | 5h 28m | $7.5M | $25.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Paradex. 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
- −$2.21
- Price spread: +0.107% → 0.000%
- $10.74
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$10.48
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 1.08 bp | 16.3 bp −$16 | 27.3 bp −$273 | doesn't fit | 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 | −0.0048% | 1h | 92.570 | −0.001% | $866K | $745K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.630 | +0.064% | $15.0M | $25.1M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 92.650 | +0.086% | $18.5M | $33.5M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.580 | +0.010% | $1.0M | $45K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0014% | 1h | 92.440 | −0.141% | — | $30K | 25x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.635 | +0.070% | $999K | $2.5M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0041% | 1h | 92.591 | +0.022% | $2K | $29K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.564 | −0.007% | $67.6M | $39.8M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.582 | +0.012% | $329K | $951K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.576 | +0.006% | $46K | $3K | 10x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.480 | −0.098% | $999K | $3.8M | 10x | as long as short |
| QFEX CRCL-USD | +0.0055% | 1h | 92.600 | +0.032% | $1.3M | $1.6M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0072% | 1h | 92.090 | −0.519% | $38K | $172K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0074% | 1h | 92.600 | +0.032% | $5K | $415K | 10x | as long as short |
| Gate CRCL_USDTshort | +0.0081% | 8h | 92.670 | +0.107% | $7.5M | $25.5M | 50x | |
| Paradex CRCL-USD-PERPlong | +0.0092% | 8h | 92.571 | long leg | $426 | $477 | 5x | |
| Pacifica CRCL | +0.0100% | 1h | 92.570 | −0.001% | $139K | $139K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.600 | +0.032% | $2.6M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.570 | −0.001% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.600 | +0.032% | $923 | $1K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.605 | +0.037% | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.0197% | 1h | 92.540 | −0.033% | $27K | $66K | 10x | as long as short |
| Arcus CRCL-USD | +0.0214% | 1h | 92.540 | −0.033% | $93K | $208K | 10x | as long as short |
| Variational Omni CRCL | +0.0256% | 8h | 92.573 | +0.003% | $2.5M | $3.2M | — | as long as short |
| OKX CRCL-USDT-SWAP | +0.0276% | 8h | 92.610 | +0.043% | $22.7M | $56.6M | 50x | as long as short |
| Nado CRCL-PERP | +0.0293% | 1h | 92.566 | −0.005% | $154K | $94K | 3x | as long as short |
| Lighter CRCL | +0.0296% | 1h | 92.642 | +0.077% | $3.0M | $2.1M | 10x | as long as short |
| Binance CRCLUSDT | +0.0316% | 8h | 92.610 | +0.043% | $106.7M | $350.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0320% | 1h | 92.579 | +0.009% | $1.1M | $4.0M | 10x | as long as short |
| Aster CRCLUSDT | +0.0323% | 8h | 92.635 | +0.070% | $1.1M | $4.5M | 20x | as long as short |
| BloFin CRCL-USDT | +0.0440% | 8h | 92.640 | +0.075% | $1.1M | $1.7M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0482% | 8h | 92.620 | +0.053% | $68K | $979K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0528% | 1h | 92.601 | +0.033% | $415K | $225K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0621% | 4h | 92.571 | +0.001% | $53K | $270K | 10x | as long as short |
Paradex CRCL-USD-PERP
Gate CRCL_USDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Phoenix CRCL
Variational Omni CRCL
OKX CRCL-USDT-SWAP
Lighter CRCL
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
BloFin CRCL-USDT
GRVT CRCL_USDT_Perp
RISEx CRCL/USDC
edgeX CRCLUSDC