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

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest+0.197%62s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and ApeX Omni is 0.197% dearer against Vest than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CRCL-USD-PERP91.390−0.0082get 0.0010% / 1h4m 14s$31K25x
ShortApeX Omni CRCLUSDT91.5700.0100get 0.0013% / 1h4m 14s$67K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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
$38.14
Price spread: +0.197% → 0.000%
$19.7
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$45.83
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell ApeX Omni no order-book sample
Vest and ApeX Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0844%8h91.680+0.317%$17.5M$37.1M25xas long as short
Vest CRCL-USD-PERPlong−0.0082%1h91.390long leg$31K25x
Bybit CRCLUSDT0.0000%8h91.600+0.230%$14.7M$26.8M50xas long as short
Gate CRCL_USDT0.0000%8h91.660+0.295%$7.7M$27.7M50xas long as short
Variational Omni CRCL0.0000%8h91.719+0.360%$2.4M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h91.650+0.284%$1.0M$48K10xas long as short
Lighter RH CRCL+0.0032%1h91.609+0.240%$977K$2.9M10xas long as short
Aftermath Perps CRCLUSD+0.0038%1h91.546+0.171%$2K$27K5xas long as short
Arcus CRCL-USD+0.0040%1h91.610+0.241%$93K$289K10xas long as short
Aster CRCLUSDT+0.0048%8h91.540+0.164%$1.0M$5.1M20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CRCL-USD+0.0050%1h91.568+0.195%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.630+0.263%$1.1M$5.2M10xas long as short
QFEX CRCL-USD+0.0054%1h91.640+0.274%$1.3M$1.8M10xas long as short
Polymarket Perps CRCL-USD+0.0060%1h91.610+0.241%$384K$1.3M10xas long as short
Binance CRCLUSDT+0.0063%8h91.600+0.230%$104.6M$397.6M50xas long as short
Extended CRCL_24_5-USD+0.0064%1h91.584+0.212%$1.0M$5.7M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0072%1h91.590+0.219%$892K$606K10xas long as short
tradeXYZ xyz:CRCL+0.0078%1h91.577+0.205%$67.8M$44.3M10xas long as short
Pacifica CRCL+0.0100%1h91.620+0.252%$134K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.610+0.241%$2.7M$1.8M20xas long as short
ApeX Omni CRCLUSDTshort+0.0100%1h91.570+0.197%$67K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.620+0.252%$913$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.613+0.244%$410xas long as short
RISEx CRCL/USDC+0.0117%1h91.670+0.306%$417K$277K10xas long as short
GRVT CRCL_USDT_Perp+0.0147%8h91.730+0.372%$65K$1.1M10xas long as short
Paradex CRCL-USD-PERP+0.0151%8h91.661+0.296%$422$9055xas long as short
OKX CRCL-USDT-SWAP+0.0157%8h91.620+0.252%$22.3M$62.7M50xas long as short
BloFin CRCL-USDT+0.0179%8h91.700+0.339%$1.1M$1.6M20xas long as short
Phoenix CRCL+0.0210%1h91.654+0.289%$27K$82K10xas long as short
Lighter CRCL+0.0272%1h91.615+0.246%$2.9M$2.4M10xas long as short
Nado CRCL-PERP+0.0341%1h91.526+0.149%$133K$108K3xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.150+0.832%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0515%1h91.590+0.219%$5K$769K10xas long as short
edgeX CRCLUSDC+0.0609%4h91.726+0.367%$52K$277K10xas long as short