Settings8H · net · $10k
Funding arb · Price arb /

CRCL

RWAall CRCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Variational Omni+0.109%7-day average −0.008% · you sell dearer than you buy
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 4 days (all we have)+0.146%+$15 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.109%, 7d avg −0.008%
Together, before fees+0.042%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.117% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CRCL91.3610get 0.0000% / 8h2h 34m$2.4M$3.2M
ShortBloFin CRCL-USDT91.4600.0103get 0.0103% / 8h2h 34m$1.1M$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$21.61
Price spread: +0.109% → −0.008%
$11.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$21.29
Costs to cover
0.120%
Break-even
0.1 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BloFin: live order book, 3 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 Variational Omni RFQ quote, 4 min ago3.47 bpdoesn't fit17.7 bp −$177doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago2.19 bp9.0 bp −$913.1 bp −$13132.5 bp −$3,24886.1 bp −$43.1K

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−0.0850%8h91.440+0.087%$16.6M$36.2M25xas long as short
Vest CRCL-USD-PERP−0.0070%1h91.150−0.231%$31K25xas long as short
Bybit CRCLUSDT0.0000%8h91.360−0.001%$14.6M$26.9M50xas long as short
Gate CRCL_USDT0.0000%8h91.380+0.021%$7.4M$27.2M50xas long as short
Variational Omni CRCLlong0.0000%8h91.361long leg$2.4M$3.2M
Phemex CRCLUSDT0.0000%4h91.450+0.098%$1.0M$48K10xas long as short
Aster CRCLUSDT+0.0014%8h91.378+0.019%$1.0M$5.1M20xas long as short
Extended CRCL_24_5-USD+0.0024%1h91.326−0.038%$1.1M$5.6M10xas long as short
Binance CRCLUSDT+0.0026%8h91.360−0.001%$103.9M$394.8M50xas long as short
Lighter RH CRCL+0.0032%1h91.360−0.001%$973K$2.9M10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus CRCL-USD+0.0040%1h91.320−0.045%$93K$291K10xas long as short
Aftermath Perps CRCLUSD+0.0042%1h91.390+0.032%$2K$26K5xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.434+0.080%$383K$1.2M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.441+0.088%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.360−0.001%$996K$5.1M10xas long as short
QFEX CRCL-USD+0.0054%1h91.420+0.065%$1.3M$1.8M10xas long as short
tradeXYZ xyz:CRCL+0.0066%1h91.300−0.067%$68.3M$43.2M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0072%1h91.450+0.098%$911K$526K10xas long as short
Paradex CRCL-USD-PERP+0.0091%8h91.349−0.013%$420$9055xas long as short
Pacifica CRCL+0.0100%1h91.339−0.024%$134K$162K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.370+0.010%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h91.310−0.056%$67K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.460+0.109%$912$2K10xas long as short
BloFin CRCL-USDTshort+0.0103%8h91.460+0.109%$1.1M$1.6M20x
GRVT CRCL_USDT_Perp+0.0104%8h91.328−0.036%$62K$1.1M10xas long as short
Aevo CRCL-PERP+0.0104%1h91.474+0.124%$410xas long as short
OKX CRCL-USDT-SWAP+0.0112%8h91.360−0.001%$22.1M$62.0M50xas long as short
RISEx CRCL/USDC+0.0117%1h91.460+0.109%$416K$294K10xas long as short
Phoenix CRCL+0.0210%1h91.130−0.253%$27K$82K10xas long as short
Lighter CRCL+0.0240%1h91.358−0.003%$2.9M$2.4M10xas long as short
Nado CRCL-PERP+0.0307%1h91.424+0.069%$133K$108K3xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0406%1h91.470+0.119%$4K$768K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.040+0.743%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0858%4h91.307−0.059%$52K$277K10xas long as short