Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

CRCL

RWAAll CRCL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexCRCLUSDT
82.820+0.0072pay 0.0009% / 1h28m 26s$370K$185K20xLong Popdex
SHORT
AsterCRCLUSDT
82.807+0.0327get 0.0327% / 8h6h 28m$1.1M$1.5M20xShort Aster≤10% back
Price gap−0.016%
Funding gap+0.0255% /8h

Funding trade: +$8 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$28+0.0255% /8h now · paid +0.280% over the last 7D
Price−$1spread −0.016% now, avg −0.010% → −0.006% if it goes back
Costs−$260.262% of $10k · taker + slippage, in and out
Result+$1+0.01%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.016%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CRCL on 36 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • OK: Fits both order books7.0 / 5.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $500
    Popdex 20x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$7.66Long Popdex: 24 payments, −$2.16; short Aster: 3 payments, +$9.82.
  • Note: Gap at its usual level−0.016% vs −0.010%
    The price leg adds little either way.
  • Watch: Long leg is thinner$370K vs $1.1M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Aster No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0147%/8h × 21 periods+$30.88
Price spread−0.016% → −0.010% (7d avg)−$0.60
Slippage, 4 orderslive order books−$11.79
Fee Popdex bp × 2 orders−$6.40
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k+$4.09
Costs to cover0.262%Break-even6.1 days
Slippage: Popdex: live order book, 4 min ago; Aster: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex1.817.0 bp−$722.5 bp−$225doesn’t fitdoesn’t fit
SELL · SHORTAster1.815.8 bp−$67.2 bp−$72doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchangeSearch all news →
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09-21 13:35gTrade (Gains Network)Listingnew market CRCL/USD ($CRCL) seen by our collector
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗
09-17 02:09SoDEXOther📊 SoDEX 24h Movers · Sep 17 77 of 93 markets higher. The Fed's 25-basis-point rate hike dragged down US equities and crypto-related stocks, while select altcoins bucked the trend. Saudi efforts to restore pipeline capacity weighed on oil prices. What moved them $ZEC · Whale short positions face severe unrealized losses, potentially fueling a short squeeze. ARB · Tokenized card platform Deadstock completed a $2.5M seed round on Arbitrum. ONDO · Ondo's subsidiary became the first tokenized firm to join the DTCC Fund/SERV network. CRCL · Crypto-related stocks fell with the broader US market following the Fed rate hike. HOOD · Crypto-related stocks declined alongside the broader market after the Fed rate decision. 77 up · 15 down · 1 flat across 93 perp markets. 25 also trade spot. @sodex_official on X ↗
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