CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.052%

Price spread now: Paradex against Variational Omni−0.084%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.084% cheaper against Variational Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRCL	94.263	0.0138	pay 0.0138% / 8h	1h 13m	$2.5M	$3.2M	—
Short	Paradex CRCL-USD-PERP	94.184	0.0138	get 0.0138% / 8h	1h 13m	$772	$740	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$0.11
Price spread: −0.084% → 0.000%: −$8.41
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.52
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Paradex: no order-book sample. 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	13.0 bp −$130	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CRCL_USDT	0.0000%	8h	94.190	−0.078%	$7.2M	$27.6M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.190	−0.078%	$1.0M	$52K	10x	as long as short
edgeX CRCLUSDC	+0.0003%	4h	94.285	+0.023%	$24K	$268K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.223	−0.043%	$888K	$2.9M	10x	as long as short
QFEX CRCL-USD	+0.0033%	1h	94.160	−0.109%	$1.4M	$2.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.060	−0.216%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0048%	1h	94.173	−0.096%	$2K	$20K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.148	−0.122%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.166	−0.103%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.110	−0.163%	$1.1M	$5.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0080%	1h	94.100	−0.173%	$936K	$730K	10x	as long as short
Bybit CRCLUSDT	+0.0084%	8h	94.210	−0.056%	$15.5M	$25.8M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	94.140	−0.131%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.230	−0.035%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.220	−0.046%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.190	−0.078%	$939	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.178	−0.090%	$4	—	10x	as long as short
Paradex CRCL-USD-PERPshort	+0.0138%	8h	94.184	−0.084%	$772	$740	5x
Variational Omni CRCLlong	+0.0138%	8h	94.263	long leg	$2.5M	$3.2M	—
GRVT CRCL_USDT_Perp	+0.0151%	8h	94.270	+0.007%	$63K	$1.2M	10x	as long as short
RISEx CRCL/USDC	+0.0159%	1h	94.190	−0.078%	$430K	$310K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0173%	1h	94.148	−0.122%	$70.6M	$42.8M	10x	as long as short
Binance CRCLUSDT	+0.0180%	8h	94.180	−0.088%	$108.3M	$388.4M	50x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	94.161	−0.108%	$1.1M	$3.8M	10x	as long as short
Aster CRCLUSDT	+0.0199%	8h	94.225	−0.041%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0201%	8h	94.170	−0.099%	$22.7M	$60.3M	50x	as long as short
Phoenix CRCL	+0.0212%	1h	94.287	+0.025%	$28K	$92K	10x	as long as short
Arcus CRCL-USD	+0.0214%	1h	94.170	−0.099%	$96K	$275K	10x	as long as short
Nado CRCL-PERP	+0.0260%	1h	94.139	−0.131%	$126K	$73K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0281%	1h	94.180	−0.088%	$4K	$772K	10x	as long as short
Lighter CRCL	+0.0288%	1h	94.216	−0.050%	$3.0M	$2.3M	10x	as long as short
BloFin CRCL-USDT	+0.0300%	8h	94.200	−0.067%	$1.1M	$580K	20x	as long as short
Bitget CRCLUSDT	+0.0317%	8h	94.180	−0.088%	$16.6M	$35.1M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.760	+0.527%	$5K	$19K	30x	as long as short