CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.78 per $10,000 · paid last 24h +0.022%

Price spread now: Aster against Variational Omni−0.023%7-day average +0.007% · you buy dearer than you sell

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.046%+$5 on $10k

Price spread, last 7 days+0.152%+$15 · spread now −0.023%, 7d avg +0.007%

Together, before fees+0.199%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.031% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 32 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRCL	94.422	0.0102	pay 0.0102% / 8h	53m 32s	$2.5M	$3.1M	—
Short	Aster CRCLUSDT	94.400	0.0180	get 0.0180% / 8h	53m 32s	$1.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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 Variational OmnibpFee AsterbpOrdersPrice spread, now −0.023%Rate

Funding earned: $16.41
Price spread: −0.023% → +0.007%: −$3.09
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $5.32
Costs to cover: 0.080%
Break-even: 4.7 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aster: live order book, 5 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 Variational Omni RFQ quote, 1 min ago	3.43 bp	doesn't fit	16.1 bp −$161	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	1.06 bp	7.2 bp −$7	12.8 bp −$128	doesn't fit	doesn't fit

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
Gate CRCL_USDT	0.0000%	8h	94.520	+0.104%	$7.2M	$27.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.430	+0.008%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.530	+0.114%	$1.4M	$2.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.390	−0.034%	$939K	$722K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.390	−0.034%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0049%	1h	94.443	+0.022%	$2K	$20K	5x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.430	+0.008%	$1.1M	$5.9M	10x	as long as short
Lighter RH CRCL	+0.0056%	1h	94.496	+0.078%	$890K	$2.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0062%	1h	94.508	+0.091%	$366K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0080%	1h	94.517	+0.100%	$47K	$3K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRCLUSDT	+0.0088%	8h	94.550	+0.135%	$15.5M	$25.8M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	94.490	+0.072%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.440	+0.019%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.300	−0.129%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.500	+0.082%	$942	$3K	10x	as long as short
Variational Omni CRCLlong	+0.0102%	8h	94.422	long leg	$2.5M	$3.1M	—
Aevo CRCL-PERP	+0.0104%	1h	94.532	+0.116%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0123%	8h	94.503	+0.086%	$775	$740	5x	as long as short
edgeX CRCLUSDC	+0.0127%	4h	94.521	+0.104%	$24K	$267K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0139%	8h	94.547	+0.132%	$63K	$1.1M	10x	as long as short
Binance CRCLUSDT	+0.0166%	8h	94.546	+0.131%	$108.8M	$388.7M	50x	as long as short
Extended CRCL_24_5-USD	+0.0168%	1h	94.496	+0.078%	$1.1M	$3.8M	10x	as long as short
Aster CRCLUSDTshort	+0.0180%	8h	94.400	−0.023%	$1.1M	$4.9M	20x
OKX CRCL-USDT-SWAP	+0.0197%	8h	94.560	+0.146%	$22.9M	$60.6M	50x	as long as short
tradeXYZ xyz:CRCL	+0.0266%	1h	94.495	+0.077%	$70.8M	$42.7M	10x	as long as short
BloFin CRCL-USDT	+0.0280%	8h	94.560	+0.146%	$1.1M	$583K	20x	as long as short
Nado CRCL-PERP	+0.0286%	1h	94.463	+0.043%	$127K	$73K	3x	as long as short
Phoenix CRCL	+0.0288%	1h	94.572	+0.159%	$28K	$92K	10x	as long as short
Bitget CRCLUSDT	+0.0311%	8h	94.560	+0.146%	$16.8M	$35.3M	25x	as long as short
Lighter CRCL	+0.0352%	1h	94.505	+0.088%	$3.0M	$2.2M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.870	+0.474%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.500	+0.082%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.542	+0.126%	$431K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0703%	1h	94.550	+0.135%	$4K	$772K	10x	as long as short