CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.014%

Price spread now: Polymarket Perps against Variational Omni−0.022%7-day average −0.102% · you buy dearer than you sell

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

Long on Variational Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.015%+$1 on $10k

Price spread, last 7 days−0.041%−$4 · spread now −0.022%, 7d avg −0.102%

Together, before fees−0.026%+ 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 Polymarket Perps is 0.080% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRCL	91.607	0	get 0.0000% / 8h	5h 32m	$2.4M	$3.2M	—
Short	Polymarket Perps CRCL-USD	91.587	0.0050	get 0.0006% / 1h	32m 10s	$357K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.022%Rate

Funding earned: $10.5
Price spread: −0.022% → −0.102%: $8
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $10.5
Costs to cover: 0.080%
Break-even: 0.0 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Polymarket Perps: live order book, 1 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, 2 min ago	3.46 bp	doesn't fit	10.1 bp −$101	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.07 bp	6.4 bp −$6	7.7 bp −$77	9.4 bp −$942	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
Bitget CRCLUSDT	−0.1324%	8h	91.660	+0.058%	$15.8M	$34.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0076%	1h	91.380	−0.248%	—	$35K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.450	−0.172%	$902K	$527K	10x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.584	−0.025%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.672	+0.071%	$104.3M	$384.6M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.700	+0.101%	$15.0M	$25.7M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.581	−0.029%	$418K	$298K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.640	+0.036%	$7.1M	$26.6M	50x	as long as short
Variational Omni CRCLlong	0.0000%	8h	91.607	long leg	$2.4M	$3.2M	—
GRVT CRCL_USDT_Perp	0.0000%	8h	91.646	+0.042%	$65K	$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
Phemex CRCLUSDT	0.0000%	4h	91.590	−0.019%	$1.0M	$49K	10x	as long as short
Aster CRCLUSDT	+0.0005%	8h	91.623	+0.018%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0011%	8h	91.690	+0.090%	$21.5M	$59.4M	50x	as long as short
Aftermath Perps CRCLUSD	+0.0020%	1h	91.568	−0.042%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.560	−0.051%	$1.3M	$2.1M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.664	+0.062%	$973K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.550	−0.062%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.608	+0.001%	$68.5M	$41.2M	10x	as long as short
Polymarket Perps CRCL-USDshort	+0.0050%	1h	91.587	−0.022%	$357K	$1.1M	10x
SoDEX CRCL-USD	+0.0050%	1h	91.590	−0.019%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.520	−0.095%	$996K	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0066%	8h	91.603	−0.004%	$751	$740	5x	as long as short
BloFin CRCL-USDT	+0.0067%	8h	91.600	−0.008%	$1.1M	$1.3M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	91.573	−0.037%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.630	+0.025%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.610	+0.003%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.600	−0.008%	$913	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.588	−0.021%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0173%	1h	91.576	−0.034%	$130K	$104K	3x	as long as short
Phoenix CRCL	+0.0183%	1h	91.608	+0.001%	$27K	$84K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0187%	1h	91.610	+0.003%	$4K	$767K	10x	as long as short
Lighter CRCL	+0.0192%	1h	91.653	+0.050%	$3.0M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.200	+0.647%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0952%	4h	91.606	−0.001%	$23K	$267K	10x	as long as short