Funding you earn now, next payment 03:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.014%
Price spread now: Aftermath Perps against SoDEX+0.233%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Aftermath Perps is 0.233% dearer against SoDEX than usual: you sell high and buy low (spread +0.233% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CRCL-USD | 91.388 | 0.0050 | pay 0.0006% / 1h | 54m 21s | $46K | $3K | 10x |
| Short | Aftermath Perps CRCLUSD | 91.601 | 0.0025 | get 0.0003% / 1h | 54m 21s | $2K | $23K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against SoDEX. 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
- −$5.21
- Price spread: +0.233% → 0.000%
- $23.34
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $1.13
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SoDEX no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
SoDEX and 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 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 | −0.1088% | 8h | 91.480 | +0.101% | $15.7M | $34.4M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0072% | 1h | 91.180 | −0.228% | — | $38K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 91.330 | −0.063% | $901K | $545K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.420 | +0.035% | $14.9M | $25.6M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.460 | +0.079% | $418K | $298K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.450 | +0.068% | $7.1M | $26.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.580 | +0.210% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.610 | +0.243% | $63K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.370 | −0.020% | $1.0M | $49K | 10x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 91.420 | +0.035% | $1.3M | $2.2M | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CRCL_24_5-USD | +0.0024% | 1h | 91.388 | 0.000% | $1.1M | $5.7M | 10x | as long as short |
| Aftermath Perps CRCLUSDshort | +0.0025% | 1h | 91.601 | +0.233% | $2K | $23K | 5x | |
| Binance CRCLUSDT | +0.0026% | 8h | 91.420 | +0.035% | $104.0M | $383.5M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0031% | 8h | 91.450 | +0.068% | $21.7M | $58.8M | 50x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.473 | +0.093% | $968K | $2.9M | 10x | as long as short |
| Aster CRCLUSDT | +0.0035% | 8h | 91.516 | +0.140% | $1.1M | $4.9M | 20x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.530 | +0.155% | $93K | $270K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.361 | −0.030% | $68.4M | $40.8M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.375 | −0.014% | $354K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USDlong | +0.0050% | 1h | 91.388 | long leg | $46K | $3K | 10x | |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.230 | −0.173% | $1.0M | $5.2M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0070% | 8h | 91.440 | +0.057% | $750 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.451 | +0.069% | $132K | $157K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.500 | +0.123% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.550 | +0.177% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.450 | +0.068% | $912 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.393 | +0.006% | $4 | — | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0188% | 1h | 91.380 | −0.009% | $4K | $767K | 10x | as long as short |
| Nado CRCL-PERP | +0.0191% | 1h | 91.417 | +0.032% | $130K | $103K | 3x | as long as short |
| Phoenix CRCL | +0.0231% | 1h | 91.761 | +0.408% | $27K | $84K | 10x | as long as short |
| Lighter CRCL | +0.0240% | 1h | 91.488 | +0.109% | $2.9M | $2.4M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0292% | 4h | 91.590 | +0.221% | $23K | $267K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.200 | +0.889% | $5K | $19K | 30x | as long as short |
SoDEX CRCL-USD
Aftermath Perps CRCLUSD
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
OKX CRCL-USDT-SWAP
Lighter RH CRCL
Aster CRCLUSDT
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Deribit CRCL_USDC-PERPETUAL
Phoenix CRCL
Lighter CRCL
edgeX CRCLUSDC
Injective CRCL/USDC PERP