Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.024%
Price spread now: Bitget against Aevo−0.049%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.049% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | Aevo CRCL-PERP | 93.756 | 0.0104 | pay 0.0013% / 1h | 2m 30s | $4 | — | 10x |
| Short | Bitget CRCLUSDT | 93.710 | 0 | get 0.0000% / 8h | 7h 02m | $16.7M | $34.3M | 25x |
Aevo CRCL-PERP
Bitget CRCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aevo. 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
- −$21.84
- Price spread: −0.049% → 0.000%
- −$4.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.76
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 1 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.07 bp | 11.4 bp −$11 | 16.0 bp −$160 | 62.5 bp −$6,247 | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.0064% | 1h | 93.800 | +0.047% | $938K | $619K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.680 | −0.081% | $15.4M | $25.4M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 93.760 | +0.004% | $7.2M | $27.2M | 50x | as long as short |
| Bitget CRCLUSDTshort | 0.0000% | 8h | 93.710 | −0.049% | $16.7M | $34.3M | 25x | |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 93.950 | +0.207% | $62K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 93.790 | +0.036% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.657 | −0.106% | $980K | $2.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 93.973 | +0.231% | $2K | $22K | 5x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 93.670 | −0.092% | $1.3M | $2.5M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 93.520 | −0.252% | — | $37K | 25x | as long as short |
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
QFEX CRCL-USD
Vest CRCL-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 93.610 | −0.156% | $71.6M | $40.9M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 93.639 | −0.125% | $363K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 93.760 | +0.004% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 93.610 | −0.156% | $1.1M | $5.7M | 10x | as long as short |
| Variational Omni CRCL | +0.0078% | 8h | 93.978 | +0.236% | $2.5M | $3.1M | — | as long as short |
| Paradex CRCL-USD-PERP | +0.0099% | 8h | 93.634 | −0.130% | $768 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 93.647 | −0.116% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 93.690 | −0.070% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 93.940 | +0.196% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 93.730 | −0.028% | $934 | $3K | 10x | as long as short |
| Aevo CRCL-PERPlong | +0.0104% | 1h | 93.756 | long leg | $4 | — | 10x | |
| OKX CRCL-USDT-SWAP | +0.0125% | 8h | 93.660 | −0.102% | $22.7M | $58.6M | 50x | as long as short |
| Binance CRCLUSDT | +0.0144% | 8h | 93.690 | −0.070% | $108.5M | $385.3M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0144% | 1h | 93.639 | −0.125% | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | +0.0152% | 8h | 93.676 | −0.085% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0232% | 1h | 93.632 | −0.133% | $155K | $90K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0267% | 8h | 93.750 | −0.006% | $1.1M | $574K | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 93.980 | +0.239% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 93.728 | −0.030% | $3.0M | $2.3M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0340% | 4h | 94.103 | +0.370% | $24K | $267K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.410 | +0.697% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0497% | 1h | 93.750 | −0.006% | $4K | $769K | 10x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 93.890 | +0.143% | $96K | $271K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 93.650 | −0.113% | $428K | $297K | 10x | as long as short |
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
Variational Omni CRCL
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
Nado CRCL-PERP
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
edgeX CRCLUSDC
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
Arcus CRCL-USD
RISEx CRCL/USDC