CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0279%/8h= +30.5% APRnext payment +$0.35 per $10,000 · paid last 24h +0.033%

Price spread now: Extended against Vest+0.326%7-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 Extended

What this pair did over the last

the charts below follow

Funding, last 4 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 · Extended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.326% dearer against Vest than usual: you sell high and buy low: +$33 more if the spread 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	Vest CRCL-USD-PERP	90.930	−0.0079	get 0.0010% / 1h	16m 50s	—	$31K	25x
Short	Extended CRCL_24_5-USD	91.226	0.0200	get 0.0025% / 1h	16m 50s	$1.0M	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.326%Rate

Funding earned: $58.5
Price spread: +0.326% → 0.000%: $32.58
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $84.08
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago	0.49 bp	5.1 bp −$5	26.7 bp −$267	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	−0.0359%	8h	91.330	+0.440%	$17.5M	$36.6M	25x	as long as short
Vest CRCL-USD-PERPlong	−0.0079%	1h	90.930	long leg	—	$31K	25x
Gate CRCL_USDT	0.0000%	8h	91.300	+0.407%	$7.9M	$27.7M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.270	+0.374%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.271	+0.375%	$982K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	91.184	+0.279%	$2K	$29K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.180	+0.275%	$95K	$296K	10x	as long as short
Bybit CRCLUSDT	+0.0048%	8h	91.280	+0.385%	$14.8M	$26.5M	50x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.219	+0.318%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.200	+0.297%	$1.1M	$4.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0071%	1h	91.250	+0.352%	$1.3M	$1.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.050	+0.132%	$876K	$495K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0095%	1h	91.178	+0.273%	$67.3M	$44.3M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.220	+0.319%	$134K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.230	+0.330%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.190	+0.286%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.230	+0.330%	$910	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.245	+0.347%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0112%	8h	91.119	+0.208%	$2.4M	$3.3M	—	as long as short
Polymarket Perps CRCL-USD	+0.0153%	1h	91.229	+0.329%	$378K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0154%	8h	91.231	+0.331%	$420	$905	5x	as long as short
Aster CRCLUSDT	+0.0183%	8h	91.275	+0.380%	$1.0M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0200%	8h	91.257	+0.360%	$104.8M	$389.5M	50x	as long as short
Extended CRCL_24_5-USDshort	+0.0200%	1h	91.226	+0.326%	$1.0M	$5.0M	10x
Phoenix CRCL	+0.0227%	1h	91.195	+0.291%	$27K	$74K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0247%	8h	91.319	+0.428%	$70K	$1.1M	10x	as long as short
Lighter CRCL	+0.0248%	1h	91.250	+0.352%	$2.9M	$2.4M	10x	as long as short
edgeX CRCLUSDC	+0.0258%	4h	91.261	+0.364%	$52K	$271K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0276%	8h	91.280	+0.385%	$22.3M	$61.7M	50x	as long as short
BloFin CRCL-USDT	+0.0320%	8h	91.260	+0.363%	$1.1M	$1.7M	20x	as long as short
Nado CRCL-PERP	+0.0431%	1h	91.163	+0.257%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.710	+0.858%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0466%	1h	91.262	+0.365%	$412K	$272K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0518%	1h	91.220	+0.319%	$5K	$769K	10x	as long as short