CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.070%

Price spread now: SoDEX against RISEx−0.053%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.053% cheaper against RISEx than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CRCL/USDC	91.509	0	get 0.0000% / 1h	52m 15s	$418K	$297K	10x
Short	SoDEX CRCL-USD	91.461	0.0050	get 0.0006% / 1h	52m 15s	$46K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee RISExbpFee SoDEXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $10.5
Price spread: −0.053% → 0.000%: −$5.25
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$8.75
Costs to cover: 0.140%
Break-even: 12.8 days

Slippage unknown: RISEx: live order book, 11 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 11 min ago	1.63 bp	4.6 bp −$5	5.7 bp −$57	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 33 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
Bitget CRCLUSDT	−0.1130%	8h	91.590	+0.088%	$15.7M	$34.4M	25x	as long as short
Vest CRCL-USD-PERP	−0.0073%	1h	91.290	−0.239%	—	$38K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.330	−0.196%	$901K	$540K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.520	+0.012%	$14.9M	$25.6M	50x	as long as short
RISEx CRCL/USDClong	0.0000%	1h	91.509	long leg	$418K	$297K	10x
Gate CRCL_USDT	0.0000%	8h	91.540	+0.034%	$7.1M	$26.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.580	+0.077%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.610	+0.110%	$63K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.490	−0.021%	$1.0M	$49K	10x	as long as short
Extended CRCL_24_5-USD	+0.0016%	1h	91.486	−0.025%	$1.1M	$5.7M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRCLUSDT	+0.0018%	8h	91.501	−0.009%	$103.9M	$383.3M	50x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.500	−0.010%	$1.3M	$2.2M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0025%	1h	91.529	+0.022%	$2K	$23K	5x	as long as short
Aster CRCLUSDT	+0.0027%	8h	91.519	+0.011%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0031%	8h	91.520	+0.012%	$21.7M	$58.8M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.528	+0.021%	$971K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.470	−0.043%	$93K	$270K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.500	−0.010%	$68.5M	$41.0M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.502	−0.008%	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USDshort	+0.0050%	1h	91.461	−0.053%	$46K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.430	−0.086%	$1.0M	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0071%	8h	91.547	+0.042%	$751	$740	5x	as long as short
edgeX CRCLUSDC	+0.0075%	4h	91.389	−0.131%	$23K	$267K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.526	+0.019%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.570	+0.067%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.550	+0.045%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.500	−0.010%	$912	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.513	+0.004%	$4	—	10x	as long as short
Phoenix CRCL	+0.0183%	1h	91.382	−0.139%	$27K	$84K	10x	as long as short
Nado CRCL-PERP	+0.0199%	1h	91.528	+0.021%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0288%	1h	91.532	+0.025%	$2.9M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0406%	1h	91.520	+0.012%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.900	+0.427%	$5K	$19K	30x	as long as short