TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

CRCL

RWAAll CRCL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Vest MarketsCRCL-USD-PERP
80.800+0.0274pay 0.0034% / 1h42m 59s$154K$21K25xLong Vest Markets+5% pts
SHORT
ReyaCRCLRUSDPERP
80.383+0.0040get 0.0005% / 1h42m 59s$4K$80K5xShort Reya
Price gap−0.516%
Funding gap−0.0234% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.516% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$58−0.0234% /8h now · paid −0.584% over the last 7D
Price—spread −0.516% now · no price history on both exchanges yet
Costsno datano order book for Vest Markets and Reya
Result, before costs—+ Points / potential airdropVest Markets: points · Reya: points · farm boardneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.516%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CRCL on 44 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets and Reya: its slippage is not counted.
  • Note: Margin at max leverage$400 + $2,000
    Vest Markets 25x, Reya 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$7.02Long Vest Markets: 24 payments, −$8.22; short Reya: 24 payments, +$1.20.
  • Note: No 7-day spread history−0.516%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$4K vs $154K OI
    Reya sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points · Reya points
    Volume here counts toward the points program.
  • OK: No KYC on either legVest Markets No · Reya No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0278%/8h × 21 periods−$58.41
Price spread−0.516% → 0−$51.58
Slippage, 4 ordersno data for Vest Markets and Reya—
Fee Vest Markets bp × 2 orders−$2.00
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$118.00
Costs to cover0.080%Break-evennever at this rate
Slippage: Vest Markets: no order-book sample; Reya: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGVest Markets—————
SELL · SHORTReya—————

Closing costs about the same again.
Vest Markets and Reya: no data.

Alert

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchangeSearch all news →
10-27 13:21Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-23 08:04ReyaListing$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-22 22:57InjectiveTokenThe second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
10-20 13:01ReyaListingnew market CRCLRUSDPERP ($CRCL) seen by our collector
10-13 15:17AsterListingnew market CRCLUSD1 ($CRCL) seen by our collector
10-10 11:17PhemexOther24h top movers on Phemex: $ADA $0.2509 ▲ 7.05% $PLTR $208.86 ▲ 4.79% $CRCL $85.17 ▲ 4.07% Crypto and TradFi names on the same board. One USDT account. 24/7. @Phemex_official on X ↗