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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: Pacifica against SoDEX−0.044%7-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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.044% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CRCL-USD91.8600.0050pay 0.0006% / 1h19m 36s$46K$3K10x
ShortPacifica CRCL91.8200.0100get 0.0013% / 1h19m 36s$134K$159K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SoDEX. 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
$10.5
Price spread: −0.044% → 0.000%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$9.85
Costs to cover
0.160%
Break-even
13.6 days
Slippage unknown: SoDEX: no order-book sample; Pacifica: live order book, 19 min ago. 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 SoDEX no order-book sample
Sell Pacifica live order book, 19 min ago8.19 bp20.4 bp −$20doesn't fitdoesn't fitdoesn'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 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−0.0999%8h91.880+0.022%$16.4M$35.1M25xas long as short
Vest CRCL-USD-PERP−0.0068%1h91.610−0.272%$31K25xas long as short
Aster CRCLUSDT0.0000%8h91.880+0.022%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h91.796−0.070%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h91.830−0.033%$104.6M$389.5M50xas long as short
Bybit CRCLUSDT0.0000%8h91.840−0.022%$14.9M$26.4M50xas long as short
RISEx CRCL/USDC0.0000%1h91.844−0.018%$417K$299K10xas long as short
Gate CRCL_USDT0.0000%8h91.880+0.022%$7.2M$27.2M50xas long as short
Variational Omni CRCL0.0000%8h91.828−0.035%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.950+0.098%$65K$1.1M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRCLUSDT0.0000%4h91.8600.000%$1.0M$49K10xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.790−0.076%$906K$490K10xas long as short
OKX CRCL-USDT-SWAP+0.0024%8h91.850−0.011%$22.1M$61.1M50xas long as short
QFEX CRCL-USD+0.0028%1h91.890+0.033%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h91.838−0.024%$973K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0034%1h91.806−0.059%$2K$25K5xas long as short
Arcus CRCL-USD+0.0040%1h91.800−0.065%$93K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h91.761−0.108%$68.4M$41.7M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.834−0.028%$358K$1.1M10xas long as short
SoDEX CRCL-USDlong+0.0050%1h91.860long leg$46K$3K10x
Ondo Perps CRCL-USD.P+0.0050%1h91.820−0.044%$1.0M$5.1M10xas long as short
Pacifica CRCLshort+0.0100%1h91.820−0.044%$134K$159K10x
KuCoin CRCLUSDTM+0.0100%8h91.820−0.044%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.730−0.142%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.840−0.022%$916$2K10xas long as short
Paradex CRCL-USD-PERP+0.0100%8h91.830−0.032%$422$9055xas long as short
Aevo CRCL-PERP+0.0104%1h91.850−0.011%$410xas long as short
BloFin CRCL-USDT+0.0120%8h91.8600.000%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h91.832−0.030%$27K$83K10xas long as short
Lighter CRCL+0.0184%1h91.846−0.015%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0302%1h91.714−0.159%$130K$104K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.400+0.588%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0735%4h91.815−0.048%$51K$276K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.1057%1h91.900+0.044%$4K$767K10xas long as short