CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0712%/8h= +78.0% APRnext payment +$7.12 per $10,000 · paid last 24h −0.008%

Price spread now: Aster against Bitget−0.116%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.116%, 7d avg −0.030%

Together, before fees−0.073%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.085% cheaper against Bitget than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.030%). If the spread goes back, that is −$9 on $10k: about 10 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.12 per $10,000. 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	Bitget CRCLUSDT	91.900	−0.0696	get 0.0696% / 8h	3h 22m	$16.6M	$35.8M	25x
Short	Aster CRCLUSDT	91.794	0.0016	get 0.0016% / 8h	3h 22m	$1.1M	$5.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.116%Rate

Funding earned: $149.51
Price spread: −0.116% → −0.030%: −$8.54
Slippage, 4 orders: −$14.84
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $106.12
Costs to cover: 0.348%
Break-even: 2.0 days

Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago	1.63 bp	8.8 bp −$9	14.9 bp −$149	50.3 bp −$5,026	doesn't fit
Sell Aster live order book, 2 min ago	1.63 bp	7.8 bp −$8	11.4 bp −$114	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 CRCLUSDTlong	−0.0696%	8h	91.900	long leg	$16.6M	$35.8M	25x
Vest CRCL-USD-PERP	−0.0061%	1h	91.570	−0.359%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.830	−0.076%	$14.9M	$26.6M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.900	0.000%	$7.3M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.918	+0.020%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.840	−0.065%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDTshort	+0.0016%	8h	91.794	−0.116%	$1.1M	$5.0M	20x
Binance CRCLUSDT	+0.0024%	8h	91.781	−0.129%	$104.6M	$392.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	91.758	−0.155%	$1.2M	$5.7M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.834	−0.072%	$974K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0039%	1h	91.814	−0.093%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.810	−0.098%	$93K	$272K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.770	−0.141%	$911K	$519K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.756	−0.157%	$68.2M	$41.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.789	−0.121%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.802	−0.107%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.720	−0.196%	$1.0M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.770	−0.141%	$1.3M	$1.9M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0061%	8h	91.741	−0.173%	$422	$905	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0092%	8h	91.860	−0.044%	$22.3M	$61.7M	50x	as long as short
GRVT CRCL_USDT_Perp	+0.0096%	8h	91.880	−0.022%	$70K	$1.1M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.754	−0.158%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.820	−0.087%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.980	+0.087%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.770	−0.141%	$915	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.814	−0.093%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.795	−0.114%	$418K	$299K	10x	as long as short
BloFin CRCL-USDT	+0.0110%	8h	91.840	−0.065%	$1.1M	$1.6M	20x	as long as short
Phoenix CRCL	+0.0182%	1h	91.950	+0.054%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0272%	1h	91.825	−0.082%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0355%	1h	91.745	−0.168%	$134K	$108K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0404%	1h	91.790	−0.120%	$4K	$768K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.480	+0.631%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0944%	4h	92.023	+0.134%	$51K	$275K	10x	as long as short