CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h −0.005%

Price spread now: KuCoin against Aster+0.068%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$880.883% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 7 days−0.165%−$17 · spread now +0.068%, 7d avg +0.001%

Together, before fees−0.121%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.067% dearer against Aster than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.001%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	94.246	0.0226	pay 0.0226% / 8h	7h 45m	$1.1M	$4.9M	20x
Short	KuCoin CRCLUSDTM	94.310	0.0100	get 0.0100% / 8h	7h 45m	$3.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$26.52
Price spread: +0.068% → +0.001%: $6.68
Slippage, 4 orders: −$68.26
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$108.1
Costs to cover: 0.883%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; KuCoin: 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	2.12 bp	12.7 bp −$13	206.1 bp −$2,061	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.59 bp	38.7 bp −$39	doesn't fit	doesn't fit	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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.100	−0.155%	$941K	$724K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	94.260	+0.014%	$15.5M	$25.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.260	+0.014%	$7.2M	$26.9M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.241	−0.006%	$64K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.250	+0.004%	$1.0M	$52K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.235	−0.012%	$890K	$2.8M	10x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.250	+0.004%	$1.4M	$2.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.090	−0.166%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0046%	1h	94.218	−0.030%	$2K	$21K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0048%	1h	94.150	−0.102%	$71.6M	$42.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CRCL-USD	+0.0050%	1h	94.178	−0.073%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.196	−0.053%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.130	−0.123%	$1.1M	$5.8M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.181	−0.069%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTMshort	+0.0100%	8h	94.310	+0.068%	$3.0M	$1.9M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	94.160	−0.092%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.240	−0.007%	$940	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.207	−0.042%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0109%	8h	94.234	−0.013%	$773	$740	5x	as long as short
Bitget CRCLUSDT	+0.0145%	8h	94.240	−0.007%	$16.9M	$35.1M	25x	as long as short
OKX CRCL-USDT-SWAP	+0.0157%	8h	94.270	+0.025%	$22.8M	$60.3M	50x	as long as short
Variational Omni CRCL	+0.0162%	8h	94.220	−0.028%	$2.5M	$3.1M	—	as long as short
edgeX CRCLUSDC	+0.0200%	4h	94.169	−0.082%	$24K	$268K	10x	as long as short
Nado CRCL-PERP	+0.0216%	1h	94.199	−0.050%	$132K	$76K	3x	as long as short
Binance CRCLUSDT	+0.0220%	8h	94.249	+0.003%	$109.2M	$389.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0224%	1h	94.228	−0.020%	$1.1M	$4.3M	10x	as long as short
Aster CRCLUSDTlong	+0.0226%	8h	94.246	long leg	$1.1M	$4.9M	20x
Lighter CRCL	+0.0280%	1h	94.248	+0.002%	$3.0M	$2.2M	10x	as long as short
Phoenix CRCL	+0.0296%	1h	94.131	−0.122%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0346%	8h	94.250	+0.004%	$1.1M	$561K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.650	+0.428%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.210	−0.039%	$96K	$276K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0600%	1h	94.180	−0.070%	$4K	$772K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.265	+0.020%	$430K	$303K	10x	as long as short