CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0227%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.027%

Price spread now: Extended against Polymarket Perps+0.019%7-day average +0.056% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 7 days+0.079%+$8 · spread now +0.019%, 7d avg +0.056%

Together, before fees+0.293%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.036% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.056%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.214% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRCL-USD	92.679	0.0093	pay 0.0012% / 1h	59m 43s	$381K	$964K	10x
Short	Extended CRCL_24_5-USD	92.697	0.0320	get 0.0040% / 1h	59m 43s	$1.1M	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. 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 Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now +0.019%Rate

Funding earned: $47.75
Price spread: +0.019% → +0.056%: −$3.65
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $31.1
Costs to cover: 0.130%
Break-even: 2.4 days

Slippage unknown: Polymarket Perps: live order book, 19 min ago; Extended: 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 Polymarket Perps live order book, 19 min ago	540.18 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.22 bp	5.6 bp −$6	24.7 bp −$247	doesn't fit	doesn't fit

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-PERP	−0.0073%	1h	92.510	−0.182%	—	$31K	25x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.660	−0.021%	$18.0M	$35.2M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.730	+0.055%	$1.0M	$46K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.644	−0.038%	$994K	$2.3M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	92.580	−0.107%	$891K	$682K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	92.676	−0.003%	$2K	$29K	5x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.510	−0.182%	$1.1M	$4.3M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	92.590	−0.096%	$1.4M	$1.7M	10x	as long as short
Gate CRCL_USDT	+0.0073%	8h	92.780	+0.109%	$7.3M	$28.1M	50x	as long as short
Polymarket Perps CRCL-USDlong	+0.0093%	1h	92.679	long leg	$381K	$964K	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCL	+0.0100%	1h	92.550	−0.139%	$136K	$139K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.660	−0.021%	$2.7M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.710	+0.033%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.720	+0.044%	$924	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.741	+0.067%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0167%	8h	92.587	−0.099%	$426	$766	5x	as long as short
Bybit CRCLUSDT	+0.0182%	8h	92.630	−0.053%	$15.1M	$26.1M	50x	as long as short
Lighter CRCL	+0.0208%	1h	92.643	−0.039%	$3.0M	$2.0M	10x	as long as short
Phoenix CRCL	+0.0254%	1h	92.745	+0.071%	$27K	$66K	10x	as long as short
Variational Omni CRCL	+0.0257%	8h	92.578	−0.109%	$2.4M	$3.2M	—	as long as short
Aster CRCLUSDT	+0.0310%	8h	92.672	−0.008%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0312%	8h	92.630	−0.053%	$22.6M	$59.4M	50x	as long as short
Extended CRCL_24_5-USDshort	+0.0320%	1h	92.697	+0.019%	$1.1M	$5.0M	10x
Binance CRCLUSDT	+0.0324%	8h	92.600	−0.085%	$106.7M	$377.6M	50x	as long as short
tradeXYZ xyz:CRCL	+0.0358%	1h	92.608	−0.077%	$67.8M	$42.8M	10x	as long as short
Nado CRCL-PERP	+0.0364%	1h	92.551	−0.139%	$149K	$111K	3x	as long as short
Arcus CRCL-USD	+0.0368%	1h	92.620	−0.064%	$96K	$269K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	93.200	+0.562%	$39K	$172K	30x	as long as short
BloFin CRCL-USDT	+0.0443%	8h	92.620	−0.064%	$1.1M	$1.7M	20x	as long as short
RISEx CRCL/USDC	+0.0501%	1h	92.670	−0.010%	$415K	$256K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0613%	1h	92.730	+0.055%	$5K	$622K	10x	as long as short
SoDEX CRCL-USD	+0.0654%	1h	92.669	−0.011%	$46K	$3K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0771%	8h	92.761	+0.089%	$70K	$1.1M	10x	as long as short
edgeX CRCLUSDC	+0.0825%	4h	92.817	+0.149%	$53K	$269K	10x	as long as short