CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.6% APRnext payment +$0.61 per $10,000 · paid last 24h +0.017%

Price spread now: Binance against Variational Omni+0.060%7-day average −0.003% · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.017%+$2 on $10k

Price spread, last 2 days (all we have)−0.046%−$5 · spread now +0.060%, 7d avg −0.003%

Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.063% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRCL	94.692	0.0187	pay 0.0187% / 8h	7h 58m	$2.5M	$3.1M	—
Short	Binance CRCLUSDT	94.749	0.0248	get 0.0248% / 8h	7h 58m	$109.6M	$390.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.060%Rate

Funding earned: $12.75
Price spread: +0.060% → −0.003%: $6.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: $9.01
Costs to cover: 0.100%
Break-even: 2.1 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 16 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	19.2 bp −$192	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.53 bp	6.6 bp −$7	10.9 bp −$109	20.0 bp −$1,998	89.4 bp −$44.7K

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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.400	−0.309%	$939K	$722K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.750	+0.061%	$7.3M	$26.8M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.680	−0.013%	$1.0M	$52K	10x	as long as short
Bybit CRCLUSDT	+0.0006%	8h	94.750	+0.061%	$15.6M	$25.9M	50x	as long as short
Nado CRCL-PERP	+0.0024%	1h	94.598	−0.100%	$133K	$76K	3x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.744	+0.055%	$894K	$2.8M	10x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.690	−0.002%	$1.4M	$2.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.680	−0.013%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0047%	1h	94.640	−0.055%	$2K	$21K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.682	−0.011%	$367K	$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
SoDEX CRCL-USD	+0.0050%	1h	94.736	+0.046%	$48K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.600	−0.097%	$1.1M	$5.9M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.632	−0.063%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.720	+0.029%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.610	−0.087%	$70K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.720	+0.029%	$944	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.712	+0.021%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0116%	8h	94.683	−0.010%	$776	$740	5x	as long as short
tradeXYZ xyz:CRCL	+0.0151%	1h	94.682	−0.011%	$71.8M	$43.7M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0172%	8h	94.770	+0.082%	$22.9M	$60.9M	50x	as long as short
Variational Omni CRCLlong	+0.0187%	8h	94.692	long leg	$2.5M	$3.1M	—
Binance CRCLUSDTshort	+0.0248%	8h	94.749	+0.060%	$109.6M	$390.6M	50x
Extended CRCL_24_5-USD	+0.0248%	1h	94.688	−0.004%	$1.1M	$3.8M	10x	as long as short
Aster CRCLUSDT	+0.0249%	8h	94.677	−0.016%	$1.1M	$4.9M	20x	as long as short
GRVT CRCL_USDT_Perp	+0.0252%	8h	94.725	+0.034%	$55K	$1.1M	10x	as long as short
Phoenix CRCL	+0.0288%	1h	94.679	−0.014%	$28K	$92K	10x	as long as short
Bitget CRCLUSDT	+0.0297%	8h	94.720	+0.029%	$17.0M	$35.3M	25x	as long as short
BloFin CRCL-USDT	+0.0368%	8h	94.700	+0.008%	$1.1M	$595K	20x	as long as short
edgeX CRCLUSDC	+0.0426%	4h	94.695	+0.003%	$24K	$269K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	95.170	+0.505%	$5K	$19K	30x	as long as short
Lighter CRCL	+0.0520%	1h	94.749	+0.060%	$3.1M	$2.2M	10x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.680	−0.013%	$97K	$276K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.722	+0.032%	$432K	$303K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0913%	1h	94.700	+0.008%	$4K	$772K	10x	as long as short