Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.071%
Price spread now: Vest against RISEx−0.327%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.327% cheaper against RISEx than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx CRCL/USDC | 91.710 | 0 | get 0.0000% / 1h | 36m 41s | $417K | $299K | 10x |
| Short | Vest CRCL-USD-PERP | 91.410 | −0.0067 | pay 0.0008% / 1h | 36m 41s | — | $31K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against RISEx. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.99
- Price spread: −0.327% → 0.000%
- −$32.71
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$54.71
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 22 min ago; Vest: 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, 22 min ago | 1.09 bp | 4.1 bp −$4 | 6.0 bp −$60 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDT | −0.0994% | 8h | 91.770 | +0.065% | $16.3M | $35.0M | 25x | as long as short |
| Vest CRCL-USD-PERPshort | −0.0067% | 1h | 91.410 | −0.327% | — | $31K | 25x | |
| Aster CRCLUSDT | 0.0000% | 8h | 91.721 | +0.012% | $1.1M | $5.0M | 20x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 91.647 | −0.069% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 91.666 | −0.048% | $104.5M | $388.5M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.600 | −0.120% | $14.9M | $26.3M | 50x | as long as short |
| RISEx CRCL/USDClong | 0.0000% | 1h | 91.710 | long leg | $417K | $299K | 10x | |
| Gate CRCL_USDT | 0.0000% | 8h | 91.720 | +0.011% | $7.2M | $27.0M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.678 | −0.035% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.698 | −0.013% | $65K | $1.1M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRCLUSDT | 0.0000% | 4h | 91.710 | 0.000% | $1.0M | $49K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0015% | 8h | 91.600 | −0.120% | $21.9M | $60.7M | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0016% | 1h | 91.600 | −0.120% | $904K | $489K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0028% | 1h | 91.671 | −0.043% | $2K | $24K | 5x | as long as short |
| QFEX CRCL-USD | +0.0028% | 1h | 91.690 | −0.022% | $1.3M | $2.0M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.679 | −0.034% | $973K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.690 | −0.022% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.588 | −0.133% | $68.3M | $41.6M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.634 | −0.083% | $358K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.683 | −0.029% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.670 | −0.044% | $992K | $5.1M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0088% | 8h | 91.712 | +0.002% | $422 | $905 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.631 | −0.086% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.670 | −0.044% | $2.7M | $2.0M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.510 | −0.218% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.680 | −0.033% | $914 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.679 | −0.034% | $4 | — | 10x | as long as short |
| BloFin CRCL-USDT | +0.0120% | 8h | 91.710 | 0.000% | $1.1M | $1.3M | 20x | as long as short |
| Phoenix CRCL | +0.0148% | 1h | 91.525 | −0.202% | $27K | $83K | 10x | as long as short |
| Lighter CRCL | +0.0176% | 1h | 91.650 | −0.065% | $3.0M | $2.4M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0186% | 1h | 91.700 | −0.011% | $4K | $767K | 10x | as long as short |
| Nado CRCL-PERP | +0.0292% | 1h | 91.673 | −0.040% | $130K | $104K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.090 | +0.414% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0636% | 4h | 91.626 | −0.092% | $51K | $276K | 10x | as long as short |
RISEx CRCL/USDC
Bitget CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
OKX CRCL-USDT-SWAP
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
edgeX CRCLUSDC