Funding you earn now, next payment 09:00 UTC+0.0141%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: Polymarket Perps against Vest+0.194%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.194% dearer against Vest than usual: you sell high and buy low: +$19 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 | 91.050 | −0.0091 | get 0.0011% / 1h | 42m 52s | — | $31K | 25x |
| Short | Polymarket Perps CRCL-USD | 91.227 | 0.0050 | get 0.0006% / 1h | 42m 52s | $377K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.64
- Price spread: +0.194% → 0.000%
- $19.44
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $39.08
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 20 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 Polymarket Perps live order book, 20 min ago | 1.15 bp | 7.4 bp −$7 | 7.8 bp −$78 | 10.6 bp −$1,059 | 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 | −0.0164% | 8h | 91.320 | +0.297% | $17.4M | $36.6M | 25x | as long as short |
| Vest CRCL-USD-PERPlong | −0.0091% | 1h | 91.050 | long leg | — | $31K | 25x | |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.330 | +0.308% | $1.0M | $48K | 10x | as long as short |
| Gate CRCL_USDT | +0.0024% | 8h | 91.320 | +0.297% | $7.8M | $26.3M | 50x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.285 | +0.258% | $983K | $2.4M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 91.190 | +0.154% | $872K | $505K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0038% | 1h | 91.284 | +0.257% | $2K | $29K | 5x | as long as short |
| Bybit CRCLUSDT | +0.0038% | 8h | 91.280 | +0.253% | $14.9M | $26.5M | 50x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.250 | +0.220% | $95K | $287K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.188 | +0.152% | $67.2M | $44.3M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CRCL-USDshort | +0.0050% | 1h | 91.227 | +0.194% | $377K | $1.2M | 10x | |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.260 | +0.231% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.320 | +0.297% | $1.1M | $4.8M | 10x | as long as short |
| QFEX CRCL-USD | +0.0065% | 1h | 91.280 | +0.253% | $1.3M | $1.7M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.300 | +0.275% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.320 | +0.297% | $2.6M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.320 | +0.297% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.290 | +0.264% | $910 | $1K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.267 | +0.238% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0143% | 8h | 91.296 | +0.270% | $420 | $766 | 5x | as long as short |
| Variational Omni CRCL | +0.0157% | 8h | 91.350 | +0.329% | $2.4M | $3.3M | — | as long as short |
| Lighter CRCL | +0.0192% | 1h | 91.295 | +0.269% | $2.9M | $2.1M | 10x | as long as short |
| Aster CRCLUSDT | +0.0221% | 8h | 91.298 | +0.272% | $1.0M | $5.0M | 20x | as long as short |
| Binance CRCLUSDT | +0.0238% | 8h | 91.260 | +0.230% | $104.9M | $387.9M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0240% | 1h | 91.241 | +0.210% | $1.1M | $5.1M | 10x | as long as short |
| Phoenix CRCL | +0.0254% | 1h | 91.375 | +0.357% | $27K | $66K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0293% | 8h | 91.300 | +0.275% | $22.2M | $61.5M | 50x | as long as short |
| Nado CRCL-PERP | +0.0356% | 1h | 91.233 | +0.201% | $134K | $109K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0358% | 8h | 91.280 | +0.253% | $1.1M | $1.7M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0394% | 8h | 91.380 | +0.362% | $62K | $1.1M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0408% | 1h | 91.280 | +0.253% | $5K | $769K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 91.900 | +0.934% | $5K | $19K | 30x | as long as short |
| RISEx CRCL/USDC | +0.0501% | 1h | 91.315 | +0.291% | $412K | $258K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0927% | 4h | 91.362 | +0.342% | $52K | $271K | 10x | as long as short |
Polymarket Perps CRCL-USD
Bitget CRCLUSDT
Phemex CRCLUSDT
Gate CRCL_USDT
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
Bybit CRCLUSDT
tradeXYZ xyz:CRCL
SoDEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Paradex CRCL-USD-PERP
Variational Omni CRCL
Lighter CRCL
Aster CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Phoenix CRCL
OKX CRCL-USDT-SWAP
BloFin CRCL-USDT
GRVT CRCL_USDT_Perp
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
RISEx CRCL/USDC
edgeX CRCLUSDC