Funding you earn now, next payment 11:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.014%
Price spread now: Coinbase International against ApeX Omni−0.355%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.089%+$9 on $10k
+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 −$4 a day on $10k at the current rate, and Coinbase International is 0.355% cheaper against ApeX Omni than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRCLUSDT | 95.830 | 0.0100 | pay 0.0013% / 1h | 55m 17s | $99K | $26K | 50x |
| Short | Coinbase International CRCL-PERP-INTX | 95.490 | −0.0024 | pay 0.0003% / 1h | 55m 17s | $871K | $805K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- −$26.04
- Price spread: −0.355% → 0.000%
- −$35.48
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$81.52
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 51 min ago | 2.15 bp | 7.7 bp −$8 | 16.1 bp −$161 | doesn't fit | doesn't fit |
ApeX Omni: 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 exchanges
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-INTXshort | −0.0024% | 1h | 95.490 | −0.355% | $871K | $805K | 10x | |
| Bybit CRCLUSDT | 0.0000% | 8h | 95.650 | −0.188% | $15.6M | $28.4M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 95.656 | −0.181% | $425K | $228K | 10x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 95.720 | −0.115% | $19.0M | $38.3M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 95.620 | −0.219% | $1.1M | $47K | 10x | as long as short |
| QFEX CRCL-USD | +0.0014% | 1h | 95.600 | −0.240% | $1.4M | $1.7M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 95.665 | −0.172% | $1.0M | $2.6M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0033% | 1h | 94.681 | −1.199% | $2K | $29K | 5x | as long as short |
| Injective CRCL/USDC PERP | +0.0033% | 1h | 95.630 | −0.209% | $39K | $172K | 30x | as long as short |
| Vest CRCL-USD-PERP | +0.0037% | 1h | 95.820 | −0.010% | — | $30K | 25x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CRCL_USDT | +0.0048% | 8h | 95.740 | −0.094% | $7.8M | $25.8M | 50x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 95.580 | −0.261% | $1.0M | $4.3M | 10x | as long as short |
| Arcus CRCL-USD | +0.0057% | 1h | 95.610 | −0.230% | $96K | $231K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0068% | 1h | 95.566 | −0.275% | $69.5M | $44.3M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 95.598 | −0.242% | $142K | $149K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 95.630 | −0.209% | $2.6M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDTlong | +0.0100% | 1h | 95.830 | long leg | $99K | $26K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 95.650 | −0.188% | $754 | $2K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0100% | 8h | 95.645 | −0.193% | $440 | $477 | 5x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 95.699 | −0.137% | $4 | — | 10x | as long as short |
| Variational Omni CRCL | +0.0169% | 8h | 95.760 | −0.073% | $2.7M | $3.3M | — | as long as short |
| Phoenix CRCL | +0.0197% | 1h | 94.470 | −1.419% | $28K | $94K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0223% | 8h | 95.710 | −0.125% | $23.4M | $66.1M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0264% | 1h | 95.617 | −0.222% | $1.1M | $4.0M | 10x | as long as short |
| Binance CRCLUSDT | +0.0267% | 8h | 95.694 | −0.142% | $110.8M | $388.0M | 50x | as long as short |
| Aster CRCLUSDT | +0.0285% | 8h | 95.720 | −0.115% | $1.2M | $4.7M | 20x | as long as short |
| Nado CRCL-PERP | +0.0304% | 1h | 95.639 | −0.199% | $153K | $91K | 3x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0328% | 8h | 96.099 | +0.281% | $62K | $1.0M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0377% | 1h | 95.680 | −0.157% | $5K | $415K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0386% | 8h | 95.660 | −0.177% | $1.1M | $1.8M | 20x | as long as short |
| Polymarket Perps CRCL-USD | +0.0461% | 1h | 95.654 | −0.184% | $306K | $1.0M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0551% | 4h | 95.621 | −0.218% | $55K | $277K | 10x | as long as short |
| Lighter CRCL | +0.0552% | 1h | 95.700 | −0.136% | $3.3M | $2.4M | 10x | as long as short |
| SoDEX CRCL-USD | +0.5716% | 1h | 95.641 | −0.197% | $48K | $3K | 10x | as long as short |
ApeX Omni CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
Injective CRCL/USDC PERP
Gate CRCL_USDT
tradeXYZ xyz:CRCL
Pacifica CRCL
KuCoin CRCLUSDTM
Paradex CRCL-USD-PERP
Variational Omni CRCL
Phoenix CRCL
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Binance CRCLUSDT
Aster CRCLUSDT
GRVT CRCL_USDT_Perp
Deribit CRCL_USDC-PERPETUAL
BloFin CRCL-USDT
Polymarket Perps CRCL-USD
edgeX CRCLUSDC
Lighter CRCL
SoDEX CRCL-USD