CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0132%/8h= +14.5% APRnext payment +$1.32 per $10,000 · paid last 24h +0.039%

Price spread now: BloFin against Aster−0.197%82s7-day average −0.015% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.309% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.197%, 7d avg −0.015%

Together, before fees+0.441%+ Points / potential airdropAster: Stage 5 · farm board+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.181% cheaper against Aster than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.015%). If the spread goes back, that is −$18 on $10k: about 4.6 days of funding at the current rate (+$4 a day). The two prices were read 82 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	Aster CRCLUSDT	91.650	0.0088	pay 0.0088% / 8h	1h 26m	$1.0M	$5.1M	20x
Short	BloFin CRCL-USDT	91.470	0.0220	get 0.0220% / 8h	1h 26m	$1.1M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.197%Rate

Funding earned: $27.79
Price spread: −0.197% → −0.015%: −$18.14
Slippage, 4 orders: −$10.95
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$21.3
Costs to cover: 0.309%
Break-even: 12.4 days

Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago	2.19 bp	7.0 bp −$7	39.1 bp −$391	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.55 bp	9.1 bp −$9	15.2 bp −$152	43.4 bp −$4,341	doesn't fit

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	−0.0690%	8h	91.700	+0.054%	$17.5M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0088%	1h	91.280	−0.404%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.640	−0.011%	$14.7M	$26.6M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.690	+0.043%	$7.8M	$27.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.369	−0.307%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.550	−0.109%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.586	−0.070%	$978K	$2.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	91.348	−0.330%	$2K	$27K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.400	−0.273%	$95K	$291K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.548	−0.112%	$46K	$3K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.410	−0.262%	$1.1M	$5.2M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.200	−0.491%	$888K	$603K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.550	−0.109%	$1.3M	$1.8M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0077%	1h	91.574	−0.083%	$67.7M	$44.4M	10x	as long as short
Aster CRCLUSDTlong	+0.0088%	8h	91.650	long leg	$1.0M	$5.1M	20x
Pacifica CRCL	+0.0100%	1h	91.452	−0.217%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.570	−0.088%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.360	−0.317%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.550	−0.109%	$913	$2K	10x	as long as short
Binance CRCLUSDT	+0.0101%	8h	91.630	−0.022%	$104.7M	$397.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0104%	1h	91.628	−0.024%	$1.0M	$5.0M	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.575	−0.082%	$4	—	10x	as long as short
Polymarket Perps CRCL-USD	+0.0128%	1h	91.545	−0.115%	$383K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0153%	8h	91.528	−0.133%	$421	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0187%	8h	91.389	−0.285%	$67K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0200%	8h	91.640	−0.011%	$22.3M	$62.7M	50x	as long as short
BloFin CRCL-USDTshort	+0.0220%	8h	91.470	−0.197%	$1.1M	$1.7M	20x
Phoenix CRCL	+0.0245%	1h	91.318	−0.363%	$27K	$82K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.562	−0.096%	$417K	$268K	10x	as long as short
Lighter CRCL	+0.0272%	1h	91.585	−0.071%	$2.9M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0399%	1h	91.482	−0.183%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.920	+0.294%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0466%	4h	91.418	−0.253%	$52K	$276K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0625%	1h	91.550	−0.109%	$5K	$769K	10x	as long as short