CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0105%/8h= −11.5% APRnext payment −$1.05 per $10,000 · paid last 24h −0.004%

Price spread now: GRVT against Paradex+0.053%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 GRVT

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 · GRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.053% dearer against Paradex than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CRCL-USD-PERP	94.412	0.0105	pay 0.0105% / 8h	7h 28m	$774	$740	5x
Short	GRVT CRCL_USDT_Perp	94.462	0	get 0.0000% / 8h	7h 28m	$68K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$22.1
Price spread: +0.053% → 0.000%: $5.34
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$29.76
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; GRVT: 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 GRVT live order book, 4 min ago	0.53 bp	6.9 bp −$7	15.2 bp −$152	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 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.210	−0.214%	$942K	$622K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	94.440	+0.030%	$15.5M	$25.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.420	+0.009%	$7.2M	$27.0M	50x	as long as short
GRVT CRCL_USDT_Perpshort	0.0000%	8h	94.462	+0.053%	$68K	$1.1M	10x
Phemex CRCLUSDT	0.0000%	4h	94.330	−0.087%	$1.0M	$49K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.403	−0.009%	$889K	$2.8M	10x	as long as short
Bitget CRCLUSDT	+0.0033%	8h	94.450	+0.040%	$17.0M	$34.7M	25x	as long as short
Aftermath Perps CRCLUSD	+0.0042%	1h	94.322	−0.095%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.350	−0.066%	$1.4M	$2.6M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.280	−0.140%	—	$37K	25x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CRCL	+0.0050%	1h	94.343	−0.073%	$71.8M	$42.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.369	−0.045%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.373	−0.041%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.310	−0.108%	$1.0M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.350	−0.066%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.420	+0.009%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.300	−0.119%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.390	−0.023%	$941	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.397	−0.016%	$4	—	10x	as long as short
Paradex CRCL-USD-PERPlong	+0.0105%	8h	94.412	long leg	$774	$740	5x
Variational Omni CRCL	+0.0127%	8h	94.450	+0.041%	$2.5M	$3.1M	—	as long as short
edgeX CRCLUSDC	+0.0141%	4h	94.435	+0.024%	$24K	$269K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0151%	8h	94.470	+0.062%	$22.8M	$59.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0192%	1h	94.388	−0.026%	$1.1M	$5.9M	10x	as long as short
Binance CRCLUSDT	+0.0193%	8h	94.423	+0.012%	$109.4M	$386.2M	50x	as long as short
Aster CRCLUSDT	+0.0199%	8h	94.402	−0.011%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0228%	1h	94.320	−0.097%	$132K	$76K	3x	as long as short
Phoenix CRCL	+0.0296%	1h	94.429	+0.018%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0304%	1h	94.416	+0.004%	$3.1M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0313%	8h	94.370	−0.044%	$1.1M	$560K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.890	+0.506%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0492%	1h	94.380	−0.034%	$4K	$769K	10x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.360	−0.055%	$96K	$273K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.386	−0.027%	$431K	$299K	10x	as long as short