CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%

Price spread now: tradeXYZ against Polymarket Perps−0.078%7-day average +0.037% · you buy dearer than you sell

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

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 7 days+0.131%+$13 · spread now −0.078%, 7d avg +0.037%

Together, before fees+0.234%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.115% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of +0.037%). If the spread goes back, that is −$12 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRCL-USD	92.107	0.0050	pay 0.0006% / 1h	55m 26s	$378K	$954K	10x
Short	tradeXYZ xyz:CRCL	92.035	0.0085	get 0.0011% / 1h	55m 26s	$67.4M	$42.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.078%Rate

Funding earned: $7.38
Price spread: −0.078% → +0.037%: −$11.53
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$30.15
Costs to cover: 0.260%
Break-even: 35.6 days

Slippage unknown: Polymarket Perps: live order book, 23 min ago; tradeXYZ: 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, 23 min ago	540.18 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.54 bp	11.4 bp −$11	doesn't fit	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
Ondo Perps CRCL-USD.P	−0.0072%	1h	92.030	−0.084%	$1.1M	$4.2M	10x	as long as short
Vest CRCL-USD-PERP	−0.0064%	1h	92.100	−0.008%	—	$31K	25x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.080	−0.029%	$17.9M	$35.1M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.530	+0.459%	$1.0M	$46K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0008%	1h	92.070	−0.040%	$875K	$684K	10x	as long as short
Gate CRCL_USDT	+0.0025%	8h	92.160	+0.058%	$7.3M	$25.4M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.167	+0.065%	$991K	$2.3M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	92.449	+0.372%	$2K	$29K	5x	as long as short
Polymarket Perps CRCL-USDlong	+0.0050%	1h	92.107	long leg	$378K	$954K	10x
SoDEX CRCL-USD	+0.0050%	1h	92.050	−0.062%	$46K	$3K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0080%	1h	92.080	−0.029%	$1.4M	$1.6M	10x	as long as short
tradeXYZ xyz:CRCLshort	+0.0085%	1h	92.035	−0.078%	$67.4M	$42.9M	10x
Pacifica CRCL	+0.0100%	1h	92.137	+0.033%	$135K	$139K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.170	+0.068%	$2.6M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.560	+0.492%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.190	+0.090%	$919	$1K	10x	as long as short
Bybit CRCLUSDT	+0.0101%	8h	92.110	+0.003%	$15.0M	$25.9M	50x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.100	−0.007%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0159%	8h	92.110	+0.003%	$424	$766	5x	as long as short
Lighter CRCL	+0.0168%	1h	92.199	+0.100%	$3.0M	$2.0M	10x	as long as short
Variational Omni CRCL	+0.0249%	8h	92.487	+0.413%	$2.4M	$3.2M	—	as long as short
Phoenix CRCL	+0.0254%	1h	92.574	+0.507%	$27K	$66K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0293%	1h	92.080	−0.029%	$5K	$617K	10x	as long as short
Aster CRCLUSDT	+0.0305%	8h	92.258	+0.164%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0309%	8h	92.110	+0.003%	$22.6M	$59.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0312%	1h	92.073	−0.037%	$1.1M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0316%	8h	92.100	−0.008%	$106.1M	$377.0M	50x	as long as short
Nado CRCL-PERP	+0.0366%	1h	92.067	−0.043%	$148K	$111K	3x	as long as short
Arcus CRCL-USD	+0.0368%	1h	92.130	+0.025%	$96K	$268K	10x	as long as short
BloFin CRCL-USDT	+0.0439%	8h	92.450	+0.372%	$1.1M	$1.7M	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	93.200	+1.187%	$39K	$172K	30x	as long as short
RISEx CRCL/USDC	+0.0479%	1h	92.133	+0.028%	$412K	$255K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0581%	8h	92.547	+0.477%	$62K	$1.1M	10x	as long as short
edgeX CRCLUSDC	+0.0591%	4h	92.448	+0.370%	$53K	$268K	10x	as long as short