CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.023%

Price spread now: Phoenix against Aftermath Perps+0.007%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Phoenix

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CRCLUSD	91.475	0.0039	pay 0.0005% / 1h	55m 15s	$2K	$28K	5x
Short	Phoenix CRCL	91.481	0.0245	get 0.0031% / 1h	55m 15s	$27K	$74K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aftermath Perps. 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 Aftermath PerpsbpFee PhoenixbpOrdersPrice spread, now +0.007%Rate

Funding earned: $43.07
Price spread: +0.007% → 0.000%: $0.67
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $27.74
Costs to cover: 0.160%
Break-even: 2.5 days

Slippage unknown: Aftermath Perps: no order-book sample; Phoenix: no order-book sample. 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

Aftermath Perps and Phoenix: 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	−0.0349%	8h	91.610	+0.148%	$17.6M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0080%	1h	91.210	−0.290%	—	$31K	25x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.550	+0.082%	$7.8M	$27.2M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.540	+0.071%	$1.0M	$48K	10x	as long as short
Bybit CRCLUSDT	+0.0010%	8h	91.540	+0.071%	$14.8M	$26.6M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.590	+0.126%	$979K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSDlong	+0.0039%	1h	91.475	long leg	$2K	$28K	5x
Arcus CRCL-USD	+0.0040%	1h	91.500	+0.027%	$98K	$293K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.514	+0.043%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.360	−0.126%	$1.1M	$5.0M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CRCL	+0.0066%	8h	91.488	+0.014%	$2.4M	$3.3M	—	as long as short
QFEX CRCL-USD	+0.0071%	1h	91.460	−0.016%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.400	−0.082%	$890K	$420K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.477	+0.003%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.540	+0.071%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.470	−0.005%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.500	+0.027%	$912	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.554	+0.086%	$4	—	10x	as long as short
Aster CRCLUSDT	+0.0145%	8h	91.557	+0.090%	$1.0M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0159%	8h	91.493	+0.020%	$105.1M	$395.1M	50x	as long as short
Extended CRCL_24_5-USD	+0.0160%	1h	91.543	+0.075%	$1.0M	$5.0M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0161%	1h	91.432	−0.047%	$67.7M	$44.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0175%	1h	91.470	−0.005%	$383K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0180%	8h	91.456	−0.021%	$421	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0231%	8h	91.548	+0.080%	$69K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0244%	8h	91.580	+0.115%	$22.3M	$62.1M	50x	as long as short
Phoenix CRCLshort	+0.0245%	1h	91.481	+0.007%	$27K	$74K	10x
BloFin CRCL-USDT	+0.0279%	8h	91.530	+0.060%	$1.1M	$1.7M	20x	as long as short
Lighter CRCL	+0.0288%	1h	91.561	+0.094%	$2.9M	$2.3M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0297%	1h	91.470	−0.005%	$5K	$769K	10x	as long as short
Nado CRCL-PERP	+0.0392%	1h	91.416	−0.064%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.890	+0.454%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0466%	1h	91.485	+0.011%	$415K	$267K	10x	as long as short
edgeX CRCLUSDC	+0.0752%	4h	91.493	+0.019%	$52K	$276K	10x	as long as short