Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.049%
Price spread now: Aftermath Perps against RISEx−0.202%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.202% cheaper against RISEx than usual: you would sell low and buy high (spread −0.202% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 20 days of funding at the current rate (+$1 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CRCL/USDC92.0730get 0.0000% / 1h14m 33s$418K$299K10x
ShortAftermath Perps CRCLUSD91.8870.0034get 0.0004% / 1h14m 33s$2K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against RISEx. 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

Funding earned
$7.2
Price spread: −0.202% → 0.000%
−$20.16
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$27.96
Costs to cover
0.150%
Break-even
34.2 days
Slippage unknown: RISEx: live order book, 44 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 44 min ago1.09 bp4.1 bp −$46.0 bp −$60doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0965%8h92.120+0.051%$16.5M$35.1M25xas long as short
Vest CRCL-USD-PERP−0.0070%1h91.790−0.307%$31K25xas long as short
Aster CRCLUSDT0.0000%8h92.005−0.073%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h92.052−0.023%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h92.070−0.003%$104.8M$389.8M50xas long as short
Bybit CRCLUSDT0.0000%8h92.070−0.003%$14.9M$26.4M50xas long as short
RISEx CRCL/USDClong0.0000%1h92.073long leg$418K$299K10x
Gate CRCL_USDT0.0000%8h92.120+0.051%$7.2M$27.3M50xas long as short
Variational Omni CRCL0.0000%8h91.929−0.156%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.967−0.115%$64K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.970−0.112%$1.0M$49K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.890−0.198%$907K$491K10xas long as short
QFEX CRCL-USD+0.0028%1h92.040−0.036%$1.3M$2.0M10xas long as short
OKX CRCL-USDT-SWAP+0.0029%8h92.090+0.019%$22.1M$61.3M50xas long as short
Lighter RH CRCL+0.0032%1h92.086+0.014%$976K$2.9M10xas long as short
Aftermath Perps CRCLUSDshort+0.0034%1h91.887−0.202%$2K$25K5x
Arcus CRCL-USD+0.0040%1h91.910−0.177%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.977−0.104%$68.6M$41.7M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.024−0.053%$359K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h92.010−0.068%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.760−0.340%$1.0M$5.1M10xas long as short
Pacifica CRCL+0.0100%1h92.030−0.046%$135K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.000−0.079%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.850−0.242%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.040−0.036%$918$2K10xas long as short
Paradex CRCL-USD-PERP+0.0103%8h92.043−0.033%$423$9055xas long as short
Aevo CRCL-PERP+0.0104%1h92.040−0.036%$410xas long as short
BloFin CRCL-USDT+0.0120%8h92.060−0.014%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h91.825−0.269%$27K$83K10xas long as short
Lighter CRCL+0.0200%1h92.070−0.003%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0304%1h91.985−0.095%$131K$104K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.400+0.355%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0693%4h91.892−0.197%$51K$277K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0837%1h92.070−0.003%$4K$767K10xas long as short