Funding you earn now, next payment 02:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.052%
Price spread now: Nado against SoDEX+0.012%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CRCL-USD | 91.924 | 0.0050 | pay 0.0006% / 1h | 16m 05s | $46K | $3K | 10x |
| Short | Nado CRCL-PERP | 91.935 | 0.0153 | get 0.0019% / 1h | 16m 05s | $131K | $103K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $21.67
- Price spread: +0.012% → 0.000%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $7.83
- Costs to cover
- 0.150%
- Break-even
- 4.5 days
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 51 min ago. 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 Nado live order book, 51 min ago | 1.60 bp | 6.1 bp −$6 | 23.9 bp −$239 | doesn't fit | doesn't fit |
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 | −0.0822% | 8h | 92.020 | +0.104% | $16.0M | $35.7M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0041% | 1h | 91.770 | −0.168% | — | $40K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0008% | 1h | 91.700 | −0.244% | $913K | $580K | 10x | as long as short |
| Gate CRCL_USDT | −0.0004% | 8h | 92.020 | +0.104% | $7.1M | $26.8M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.970 | +0.050% | $15.0M | $26.0M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.950 | +0.028% | $420K | $299K | 10x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.928 | +0.004% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.730 | −0.211% | $69K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.990 | +0.072% | $1.0M | $49K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0024% | 1h | 91.905 | −0.021% | $2K | $23K | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRCL | +0.0032% | 1h | 91.974 | +0.054% | $974K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.860 | −0.070% | $93K | $273K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.0048% | 1h | 91.928 | +0.005% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | +0.0050% | 8h | 91.940 | +0.017% | $104.8M | $394.2M | 50x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.910 | −0.015% | $69.1M | $42.1M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.956 | +0.035% | $356K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USDlong | +0.0050% | 1h | 91.924 | long leg | $46K | $3K | 10x | |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.730 | −0.211% | $999K | $5.5M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0057% | 8h | 91.960 | +0.039% | $21.7M | $60.4M | 50x | as long as short |
| QFEX CRCL-USD | +0.0057% | 1h | 91.950 | +0.028% | $1.3M | $2.3M | 10x | as long as short |
| Aster CRCLUSDT | +0.0059% | 8h | 91.971 | +0.051% | $1.1M | $4.9M | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.0073% | 8h | 91.981 | +0.061% | $754 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.992 | +0.074% | $133K | $158K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.000 | +0.083% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.720 | −0.222% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.940 | +0.017% | $917 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.941 | +0.019% | $4 | — | 10x | as long as short |
| Nado CRCL-PERPshort | +0.0153% | 1h | 91.935 | +0.012% | $131K | $103K | 3x | |
| Lighter CRCL | +0.0200% | 1h | 91.989 | +0.071% | $3.0M | $2.4M | 10x | as long as short |
| Phoenix CRCL | +0.0231% | 1h | 91.850 | −0.081% | $27K | $92K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0294% | 1h | 91.970 | +0.050% | $4K | $769K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.500 | +0.627% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0678% | 4h | 91.707 | −0.236% | $23K | $268K | 10x | as long as short |
SoDEX CRCL-USD
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Gate CRCL_USDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Aftermath Perps CRCLUSD
Lighter RH CRCL
Extended CRCL_24_5-USD
Binance CRCLUSDT
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
OKX CRCL-USDT-SWAP
Aster CRCLUSDT
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Lighter CRCL
Phoenix CRCL
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
edgeX CRCLUSDC