CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.08 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against Aster+0.064%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 2 days (all we have)−0.043%−$4 · spread now +0.064%, 7d avg +0.015%

Together, before fees−0.061%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.049% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	91.816	0.0059	pay 0.0059% / 8h	6h 18m	$1.1M	$4.9M	20x
Short	Binance CRCLUSDT	91.875	0.0051	get 0.0051% / 8h	6h 18m	$104.8M	$393.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now +0.064%Rate

Funding earned: −$1.7
Price spread: +0.064% → +0.015%: $4.89
Slippage, 4 orders: −$12.74
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$27.56
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Binance: live order book, 10 min ago.

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 Aster live order book, 5 min ago	1.63 bp	10.9 bp −$11	195.0 bp −$1,950	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.54 bp	6.1 bp −$6	9.9 bp −$99	33.4 bp −$3,343	136.4 bp −$68.2K

CRCL on 33 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	−0.0787%	8h	91.970	+0.168%	$15.9M	$35.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0037%	1h	91.640	−0.192%	—	$40K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.700	−0.126%	$913K	$580K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.900	+0.091%	$15.0M	$25.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.850	+0.037%	$419K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.900	+0.091%	$7.1M	$26.7M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.938	+0.133%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.906	+0.098%	$63K	$1.1M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	91.710	−0.115%	$4K	$769K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.840	+0.026%	$1.0M	$49K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0024%	1h	91.893	+0.084%	$2K	$23K	5x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.889	+0.079%	$973K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.800	−0.017%	$93K	$273K	10x	as long as short
Extended CRCL_24_5-USD	+0.0048%	1h	91.851	+0.038%	$1.1M	$5.7M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.787	−0.032%	$69.0M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.843	+0.029%	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.707	−0.119%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.730	−0.094%	$999K	$5.5M	10x	as long as short
Binance CRCLUSDTshort	+0.0051%	8h	91.875	+0.064%	$104.8M	$393.8M	50x
QFEX CRCL-USD	+0.0057%	1h	91.850	+0.037%	$1.3M	$2.3M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0059%	8h	91.910	+0.102%	$21.8M	$60.3M	50x	as long as short
Aster CRCLUSDTlong	+0.0059%	8h	91.816	long leg	$1.1M	$4.9M	20x
Paradex CRCL-USD-PERP	+0.0074%	8h	91.825	+0.009%	$753	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.860	+0.047%	$133K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.910	+0.102%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.820	+0.004%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.710	−0.115%	$914	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.710	−0.116%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0153%	1h	91.774	−0.046%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0200%	1h	91.898	+0.089%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	91.850	+0.037%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.500	+0.745%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0811%	4h	91.882	+0.072%	$23K	$267K	10x	as long as short