Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG85.690+0.1800pay 0.0225% / 1h17m 30s$379K$112K20xLong Popdex
SHORT85.659+0.1327get 0.0166% / 1h17m 30s$499K$112K10xShort Polymarket Perps
Price gap−0.036%
Funding gap−0.0473% /8h

The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $14 a day and eats that in about 7 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$37−0.0473% /8h now · paid +0.374% over the last 7D
Price+$4spread −0.036% now, avg −0.079% → +0.043% if it goes back
Costs−$250.254% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.036%
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 44 exchanges

lowest funding first

Before you open

4 ok · 1 to watch
  • OK: Fits both order books6.2 / 5.3 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $1,000
    Popdex 20x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$14.20Long Popdex: 24 payments, −$54.00; short Polymarket Perps: 24 payments, +$39.80.
  • OK: Entry gap works for you−0.036% vs −0.079%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$379K vs $499K OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPopdex No · Polymarket Perps 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+0.0178%/8h × 21 periods+$37.43
Price spread−0.036% → −0.079% (7d avg)+$4.26
Slippage, 4 orderslive order books−$10.98
Fee Popdex bp × 2 orders−$6.40
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k+$16.31
Costs to cover0.254%Break-even3.9 days
Slippage: Popdex: live order book, 40 min ago; Polymarket Perps: live order book, 40 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex1.176.2 bp−$611.0 bp−$11076.3 bp−$7,631doesn’t fit
SELL · SHORTPolymarket Perps1.345.3 bp−$55.7 bp−$578.6 bp−$861doesn’t fit

Closing costs about the same again.

Alert

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchangeSearch all news →
10-23 08:04ReyaListing$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-22 22:57InjectiveTokenThe second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
10-20 13:01ReyaListingnew market CRCLRUSDPERP ($CRCL) seen by our collector
10-13 15:17AsterListingnew market CRCLUSD1 ($CRCL) seen by our collector
10-10 11:17PhemexOther24h top movers on Phemex: $ADA $0.2509 ▲ 7.05% $PLTR $208.86 ▲ 4.79% $CRCL $85.17 ▲ 4.07% Crypto and TradFi names on the same board. One USDT account. 24/7. @Phemex_official on X ↗
10-09 02:01SoDEXOther📊 SoDEX 24h Movers · Oct 9 82 of 92 markets lower. US equities broadly declined with the Dow down 0.66% and VIX rising, while energy and gold bucked the trend. AI tokens faced pressure as the investment narrative shifted from hardware supply to ROI validation. BTC ETFs saw $119M inflows while ETH ETFs saw $202M outflows. What moved them $PLTR · Nasdaq 100 components diverged; software and analytics stocks gained while AI infrastructure names pulled back. $CL · WTI crude surged 3.4% to $94.03/barrel as Saudi Arabia negotiated long-term oil contracts outside the Strait of Hormuz. $AAPL · Apple scheduled a smart home product launch on October 13 in New York and appointed a new M&A head under CEO John Ternus. $LIT · Citrini Research disclosed a crypto portfolio including LIT; Lighter's open interest hit a 2026 high with Robinhood contributing ~25% of fee $CRCL · Securitize listed Circle among upcoming tokenized stocks on Solana as part of its new 1:1 backed stock tokenization product. 10 up · 82 down · 0 flat across 92 perp markets. 24 also trade spot. FOMC, CPI, payrolls — consensus vs. actual, plus the Treasury curve — on one SoSoValue macro board. Trade 👉 @sodex_official on X ↗