CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.060%

Price spread now: Arcus against Vest+0.207%51s7-day average — · you sell dearer than you buy

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

Long on Vest Short on Arcus

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 airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.207% dearer against Vest than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CRCL-USD-PERP	91.900	−0.0075	get 0.0009% / 1h	6m 39s	—	$31K	25x
Short	Arcus CRCL-USD	92.090	0.0040	get 0.0005% / 1h	6m 39s	$93K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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

Position, each leg$Hold fordaysFee VestbpFee ArcusbpOrdersPrice spread, now +0.207%Rate

Funding earned: $24.22
Price spread: +0.207% → 0.000%: $20.67
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $38.39
Costs to cover: 0.065%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Arcus: live order book, 57 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 Vest no order-book sample	—	—	—	—	—
Sell Arcus live order book, 57 min ago	3.81 bp	10.7 bp −$11	14.4 bp −$144	doesn't fit	doesn't fit

Vest: 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
Bitget CRCLUSDT	−0.1042%	8h	92.040	+0.152%	$16.0M	$34.6M	25x	as long as short
Vest CRCL-USD-PERPlong	−0.0075%	1h	91.900	long leg	—	$31K	25x
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	92.080	+0.196%	$908K	$501K	10x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	92.013	+0.123%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	92.050	+0.163%	$105.1M	$386.2M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.050	+0.163%	$15.2M	$25.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	92.033	+0.145%	$420K	$298K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.090	+0.207%	$7.2M	$27.0M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	92.197	+0.323%	$2.5M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.212	+0.339%	$68K	$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	92.140	+0.261%	$1.0M	$49K	10x	as long as short
BloFin CRCL-USDT	+0.0001%	8h	92.100	+0.218%	$1.1M	$1.3M	20x	as long as short
Aster CRCLUSDT	+0.0007%	8h	92.100	+0.217%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0007%	8h	92.030	+0.141%	$21.6M	$59.7M	50x	as long as short
Aftermath Perps CRCLUSD	+0.0023%	1h	92.079	+0.194%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.980	+0.087%	$1.3M	$2.1M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.073	+0.188%	$977K	$2.9M	10x	as long as short
Arcus CRCL-USDshort	+0.0040%	1h	92.090	+0.207%	$93K	$273K	10x
tradeXYZ xyz:CRCL	+0.0050%	1h	92.009	+0.119%	$68.6M	$41.4M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.100	+0.218%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.082	+0.198%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.960	+0.065%	$1.0M	$5.2M	10x	as long as short
edgeX CRCLUSDC	+0.0057%	4h	92.204	+0.331%	$23K	$248K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0076%	1h	92.120	+0.239%	$4K	$767K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0084%	8h	92.008	+0.117%	$754	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	92.040	+0.153%	$133K	$156K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.100	+0.218%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.140	+0.261%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.130	+0.250%	$919	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.101	+0.219%	$4	—	10x	as long as short
Phoenix CRCL	+0.0183%	1h	92.176	+0.300%	$27K	$84K	10x	as long as short
Nado CRCL-PERP	+0.0224%	1h	92.105	+0.223%	$131K	$104K	3x	as long as short
Lighter CRCL	+0.0224%	1h	92.069	+0.184%	$3.0M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.530	+0.686%	$5K	$19K	30x	as long as short