Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.1% APRnext payment $0.05 per $10,000 · paid last 24h +0.049%
Price spread now: RISEx against Aftermath Perps+0.016%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$1 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CRCLUSD92.0700.0037pay 0.0005% / 1h7m 33s$2K$25K5x
ShortRISEx CRCL/USDC92.0850get 0.0000% / 1h7m 33s$418K$299K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
−$7.8
Price spread: +0.016% → 0.000%
$1.57
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$21.23
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell RISEx live order book, 51 min ago1.09 bp4.1 bp −$45.4 bp −$54doesn't fitdoesn't fit
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0874%8h92.160+0.098%$16.6M$35.2M25xas long as short
Vest CRCL-USD-PERP−0.0069%1h91.870−0.217%$31K25xas long as short
Aster CRCLUSDT0.0000%8h92.045−0.027%$1.1M$5.0M20xas long as short
Extended CRCL_24_5-USD0.0000%1h92.084+0.015%$1.1M$5.7M10xas long as short
Binance CRCLUSDT0.0000%8h92.117+0.050%$104.9M$390.1M50xas long as short
Bybit CRCLUSDT0.0000%8h92.110+0.043%$14.9M$26.4M50xas long as short
RISEx CRCL/USDCshort0.0000%1h92.085+0.016%$418K$299K10x
Gate CRCL_USDT0.0000%8h92.160+0.098%$7.3M$27.4M50xas long as short
Variational Omni CRCL0.0000%8h92.128+0.063%$2.5M$3.2Mas long as short
Phemex CRCLUSDT0.0000%4h92.130+0.065%$1.0M$49K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CRCL_USDT_Perp+0.0008%8h92.126+0.060%$64K$1.1M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0016%1h91.990−0.087%$908K$491K10xas long as short
QFEX CRCL-USD+0.0028%1h92.130+0.065%$1.3M$2.0M10xas long as short
Lighter RH CRCL+0.0032%1h92.132+0.067%$976K$2.9M10xas long as short
Aftermath Perps CRCLUSDlong+0.0037%1h92.070long leg$2K$25K5x
OKX CRCL-USDT-SWAP+0.0039%8h92.100+0.032%$22.3M$61.5M50xas long as short
Arcus CRCL-USD+0.0040%1h92.060−0.011%$94K$273K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.077+0.007%$68.6M$41.7M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.077+0.007%$359K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h92.101+0.033%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h92.030−0.044%$1.0M$5.2M10xas long as short
Pacifica CRCL+0.0100%1h92.080+0.011%$135K$159K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.080+0.011%$2.7M$1.9M20xas long as short
ApeX Omni CRCLUSDT+0.0100%1h92.030−0.044%$68K$4K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.090+0.022%$918$2K10xas long as short
Aevo CRCL-PERP+0.0104%1h92.101+0.033%$410xas long as short
Paradex CRCL-USD-PERP+0.0117%8h92.102+0.034%$424$9055xas long as short
BloFin CRCL-USDT+0.0120%8h92.190+0.130%$1.1M$1.3M20xas long as short
Phoenix CRCL+0.0148%1h92.044−0.028%$27K$83K10xas long as short
Lighter CRCL+0.0224%1h92.130+0.065%$3.0M$2.4M10xas long as short
Nado CRCL-PERP+0.0316%1h92.026−0.048%$131K$105K3xas long as short
edgeX CRCLUSDC+0.0342%4h92.128+0.063%$51K$275K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.560+0.532%$5K$19K30xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0728%1h92.100+0.032%$4K$767K10xas long as short