CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.69 per $10,000 · paid last 24h −0.019%

Price spread now: Variational Omni against Aster+0.046%7-day average −0.003% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.051%−$5 on $10k

Price spread, last 7 days−0.065%−$6 · spread now +0.046%, 7d avg −0.003%

Together, before fees−0.116%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.048% dearer against Aster than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.003%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	91.416	0.0166	pay 0.0166% / 8h	35m 40s	$1.0M	$5.0M	20x
Short	Variational Omni CRCL	91.457	0.0097	get 0.0097% / 8h	35m 40s	$2.4M	$3.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.046%Rate

Funding earned: −$14.55
Price spread: +0.046% → −0.003%: $4.83
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$17.72
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Aster live order book, 3 min ago	2.18 bp	8.9 bp −$9	27.9 bp −$279	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.46 bp	doesn't fit	15.5 bp −$155	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
Bitget CRCLUSDT	−0.0244%	8h	91.510	+0.103%	$17.5M	$36.7M	25x	as long as short
Vest CRCL-USD-PERP	−0.0078%	1h	91.240	−0.192%	—	$31K	25x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.510	+0.103%	$7.8M	$27.3M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.460	+0.049%	$1.0M	$48K	10x	as long as short
Bybit CRCLUSDT	+0.0025%	8h	91.380	−0.039%	$14.8M	$26.5M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.415	−0.001%	$981K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	91.555	+0.152%	$2K	$28K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.550	+0.147%	$97K	$292K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.438	+0.025%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.400	−0.017%	$1.1M	$4.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0071%	1h	91.470	+0.060%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.400	−0.017%	$890K	$405K	10x	as long as short
Variational Omni CRCLshort	+0.0097%	8h	91.457	+0.046%	$2.4M	$3.2M	—
Pacifica CRCL	+0.0100%	1h	91.397	−0.020%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.410	−0.006%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.700	+0.311%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.460	+0.049%	$912	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.459	+0.048%	$4	—	10x	as long as short
tradeXYZ xyz:CRCL	+0.0116%	1h	91.358	−0.063%	$67.7M	$43.8M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0162%	1h	91.446	+0.033%	$379K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0165%	8h	91.357	−0.064%	$420	$905	5x	as long as short
Aster CRCLUSDTlong	+0.0166%	8h	91.416	long leg	$1.0M	$5.0M	20x
Binance CRCLUSDT	+0.0182%	8h	91.381	−0.038%	$105.0M	$389.6M	50x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	91.333	−0.091%	$1.0M	$5.0M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0188%	1h	91.460	+0.049%	$5K	$769K	10x	as long as short
Phoenix CRCL	+0.0227%	1h	91.689	+0.299%	$27K	$74K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0247%	8h	91.730	+0.344%	$61K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0258%	8h	91.400	−0.017%	$22.3M	$61.7M	50x	as long as short
Lighter CRCL	+0.0272%	1h	91.411	−0.005%	$2.9M	$2.4M	10x	as long as short
BloFin CRCL-USDT	+0.0302%	8h	91.480	+0.071%	$1.1M	$1.7M	20x	as long as short
Nado CRCL-PERP	+0.0428%	1h	91.435	+0.021%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.010	+0.650%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0466%	1h	91.392	−0.026%	$410K	$272K	10x	as long as short
edgeX CRCLUSDC	+0.0559%	4h	91.666	+0.274%	$52K	$275K	10x	as long as short