CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.015%

Price spread now: KuCoin against Paradex−0.112%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on KuCoin

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

Funding pays, the price is against you. KuCoin is 0.112% cheaper against Paradex than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 36 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CRCL-USD-PERP	90.972	0.0090	pay 0.0090% / 8h	2h 25m	$418	$905	5x
Short	KuCoin CRCLUSDTM	90.870	0.0100	get 0.0100% / 8h	2h 25m	$2.7M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.112%Rate

Funding earned: $2.16
Price spread: −0.112% → 0.000%: −$11.25
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$25.08
Costs to cover: 0.160%
Break-even: 88.2 days

Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago	1.65 bp	36.8 bp −$37	doesn't fit	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
Bitget CRCLUSDT	−0.0969%	8h	91.090	+0.129%	$16.7M	$36.4M	25x	as long as short
Vest CRCL-USD-PERP	−0.0073%	1h	90.590	−0.420%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	90.970	−0.003%	$14.5M	$26.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	90.990	+0.019%	$7.5M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	90.870	−0.112%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	90.870	−0.112%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0009%	8h	90.940	−0.035%	$1.0M	$5.1M	20x	as long as short
Binance CRCLUSDT	+0.0023%	8h	90.958	−0.016%	$103.4M	$395.8M	50x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	90.924	−0.053%	$1.0M	$5.7M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.006	+0.037%	$971K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus CRCL-USD	+0.0040%	1h	90.920	−0.058%	$92K	$290K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0040%	1h	91.016	+0.049%	$2K	$26K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	90.806	−0.183%	$67.8M	$43.5M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	90.864	−0.119%	$381K	$1.3M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	90.802	−0.187%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	90.840	−0.145%	$999K	$5.2M	10x	as long as short
QFEX CRCL-USD	+0.0054%	1h	90.960	−0.014%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	90.670	−0.332%	$883K	$586K	10x	as long as short
Paradex CRCL-USD-PERPlong	+0.0090%	8h	90.972	long leg	$418	$905	5x
BloFin CRCL-USDT	+0.0096%	8h	90.820	−0.167%	$1.1M	$1.6M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	90.970	−0.002%	$133K	$161K	10x	as long as short
KuCoin CRCLUSDTMshort	+0.0100%	8h	90.870	−0.112%	$2.7M	$1.8M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	90.750	−0.244%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	90.860	−0.123%	$906	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	90.870	−0.113%	$4	—	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0105%	8h	91.230	+0.283%	$62K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0111%	8h	91.010	+0.041%	$22.0M	$62.0M	50x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	90.950	−0.025%	$414K	$294K	10x	as long as short
edgeX CRCLUSDC	+0.0136%	4h	90.812	−0.176%	$52K	$277K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0190%	1h	90.880	−0.101%	$4K	$768K	10x	as long as short
Lighter CRCL	+0.0208%	1h	90.896	−0.084%	$2.9M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0210%	1h	91.148	+0.193%	$27K	$82K	10x	as long as short
Nado CRCL-PERP	+0.0302%	1h	90.845	−0.139%	$132K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.650	+0.745%	$5K	$19K	30x	as long as short