CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.0% APRnext payment +$0.10 per $10,000 · paid last 24h −0.003%

Price spread now: Aster against Binance+0.034%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Binance Short on Aster

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)−0.055%−$6 · spread now +0.034%, 7d avg −0.015%

Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.049% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread 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	Binance CRCLUSDT	91.950	0.0050	pay 0.0050% / 8h	6h 16m	$104.8M	$394.2M	50x
Short	Aster CRCLUSDT	91.982	0.0059	get 0.0059% / 8h	6h 16m	$1.1M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.034%Rate

Funding earned: $2.01
Price spread: +0.034% → −0.015%: $4.94
Slippage, 4 orders: −$8.41
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.46
Costs to cover: 0.264%
Break-even: 74.8 days

Slippage from Binance: live order book, 12 min ago; Aster: 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 Binance live order book, 12 min ago	0.54 bp	5.9 bp −$6	8.7 bp −$87	30.7 bp −$3,073	188.0 bp −$94.0K
Sell Aster live order book, 2 min ago	2.17 bp	7.7 bp −$8	11.4 bp −$114	doesn't fit	doesn't fit

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	−0.0822%	8h	92.070	+0.131%	$16.0M	$35.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0041%	1h	91.770	−0.196%	—	$40K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.700	−0.272%	$913K	$580K	10x	as long as short
Gate CRCL_USDT	−0.0004%	8h	92.060	+0.120%	$7.1M	$26.8M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.980	+0.033%	$15.0M	$25.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.950	0.000%	$420K	$299K	10x	as long as short
Variational Omni CRCL	0.0000%	8h	91.938	−0.013%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.730	−0.239%	$69K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.980	+0.033%	$1.0M	$49K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0024%	1h	91.905	−0.049%	$2K	$23K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0032%	1h	92.001	+0.055%	$974K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.860	−0.098%	$93K	$273K	10x	as long as short
Extended CRCL_24_5-USD	+0.0048%	1h	91.926	−0.026%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDTlong	+0.0050%	8h	91.950	long leg	$104.8M	$394.2M	50x
tradeXYZ xyz:CRCL	+0.0050%	1h	91.944	−0.007%	$69.1M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.956	+0.007%	$356K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.895	−0.060%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.730	−0.239%	$999K	$5.5M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0057%	8h	91.960	+0.011%	$21.8M	$60.4M	50x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.950	0.000%	$1.3M	$2.3M	10x	as long as short
Aster CRCLUSDTshort	+0.0059%	8h	91.982	+0.034%	$1.1M	$4.9M	20x
Paradex CRCL-USD-PERP	+0.0073%	8h	91.981	+0.033%	$754	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.992	+0.046%	$133K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.990	+0.044%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.720	−0.250%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.940	−0.011%	$917	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.923	−0.030%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0153%	1h	91.935	−0.017%	$131K	$103K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0185%	1h	91.930	−0.022%	$4K	$769K	10x	as long as short
Lighter CRCL	+0.0200%	1h	91.984	+0.037%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	91.850	−0.109%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.500	+0.598%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0678%	4h	91.707	−0.264%	$23K	$268K	10x	as long as short