Funding you earn now, next payment 00:00 UTC−0.0198%/8h= −21.7% APRpaid last 24h +0.001%
Price spread now: Ondo Perps against Binance−0.085%7-day average −0.117% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 2 days (all we have)−0.078%−$8 · spread now −0.085%, 7d avg −0.117%
=Together, before fees−0.195%+ Points / potential airdropOndo Perps: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.032% dearer against Binance than usual: you sell high and buy low (spread −0.085% now, against its 7-day average of −0.117%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.117% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.117% in total (about -6.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRCLUSDT | 94.550 | 0.0249 | pay 0.0249% / 8h | 13m 24s | $109.4M | $390.8M | 50x |
| Short | Ondo Perps CRCL-USD.P | 94.470 | 0.0050 | get 0.0006% / 1h | 13m 24s | $1.1M | $5.9M | 10x |
Binance CRCLUSDT
Ondo Perps CRCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.61
- Price spread: −0.085% → −0.117%
- $3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$53.41
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Ondo Perps: no order-book sample. 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 Binance live order book, 15 min ago | 0.53 bp | 7.2 bp −$7 | 12.2 bp −$122 | 34.6 bp −$3,457 | 181.6 bp −$90.8K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CRCL_USDT | 0.0000% | 8h | 94.600 | +0.053% | $7.2M | $27.8M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.610 | +0.063% | $1.0M | $52K | 10x | as long as short |
| QFEX CRCL-USD | +0.0022% | 1h | 94.530 | −0.021% | $1.4M | $2.7M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.606 | +0.059% | $894K | $2.9M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0032% | 1h | 94.510 | −0.042% | $940K | $723K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.520 | −0.032% | — | $45K | 25x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.532 | −0.019% | $366K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.567 | +0.018% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Pshort | +0.0050% | 1h | 94.470 | −0.085% | $1.1M | $5.9M | 10x | |
| Aftermath Perps CRCLUSD | +0.0051% | 1h | 94.598 | +0.050% | $2K | $21K | 5x | as long as short |
Gate CRCL_USDT
Phemex CRCLUSDT
QFEX CRCL-USD
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Vest CRCL-USD-PERP
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Aftermath Perps CRCLUSDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRCLUSDT | +0.0097% | 8h | 94.580 | +0.032% | $15.5M | $25.9M | 50x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.540 | −0.011% | $76K | $99K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.600 | +0.053% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.570 | +0.021% | $70K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.560 | +0.011% | $943 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.611 | +0.064% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0114% | 8h | 94.553 | +0.003% | $775 | $740 | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0143% | 1h | 94.498 | −0.055% | $71.6M | $43.6M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0188% | 8h | 94.560 | +0.011% | $22.8M | $60.8M | 50x | as long as short |
| Variational Omni CRCL | +0.0193% | 8h | 94.671 | +0.128% | $2.5M | $3.1M | — | as long as short |
| Extended CRCL_24_5-USD | +0.0248% | 1h | 94.533 | −0.018% | $1.1M | $3.8M | 10x | as long as short |
| Binance CRCLUSDTlong | +0.0249% | 8h | 94.550 | long leg | $109.4M | $390.8M | 50x | |
| Aster CRCLUSDT | +0.0251% | 8h | 94.580 | +0.032% | $1.1M | $4.9M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0251% | 8h | 94.670 | +0.127% | $54K | $1.1M | 10x | as long as short |
| Nado CRCL-PERP | +0.0262% | 1h | 94.513 | −0.039% | $132K | $76K | 3x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0279% | 1h | 94.590 | +0.042% | $4K | $772K | 10x | as long as short |
| Phoenix CRCL | +0.0288% | 1h | 94.530 | −0.021% | $28K | $92K | 10x | as long as short |
| Bitget CRCLUSDT | +0.0296% | 8h | 94.570 | +0.021% | $16.9M | $35.5M | 25x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 94.625 | +0.079% | $3.1M | $2.2M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0372% | 8h | 94.670 | +0.127% | $1.1M | $600K | 20x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 95.560 | +1.068% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0477% | 4h | 94.619 | +0.073% | $24K | $269K | 10x | as long as short |
| Arcus CRCL-USD | +0.0533% | 1h | 94.550 | 0.000% | $97K | $276K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0534% | 1h | 94.565 | +0.016% | $431K | $303K | 10x | as long as short |
Bybit CRCLUSDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
tradeXYZ xyz:CRCL
OKX CRCL-USDT-SWAP
Variational Omni CRCL
Extended CRCL_24_5-USD
Aster CRCLUSDT
GRVT CRCL_USDT_Perp
Nado CRCL-PERP
Deribit CRCL_USDC-PERPETUAL
Phoenix CRCL
Bitget CRCLUSDT
Lighter CRCL
BloFin CRCL-USDT
Injective CRCL/USDC PERP
edgeX CRCLUSDC
Arcus CRCL-USD
RISEx CRCL/USDC