Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: Orderly against Bitget+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRCLUSDT | 93.820 | 0 | get 0.0000% / 8h | 5h 02m | $18.5M | $36.0M | 25x |
| Short | Orderly PERP_CRCL_USDC_mythos | 93.830 | 0.0100 | get 0.0100% / 8h | 5h 02m | $739 | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- $21
- Price spread: +0.011% → 0.000%
- $1.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $4.07
- Costs to cover
- 0.180%
- Break-even
- 5.6 days
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: 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 Bitget live order book, 5 min ago | 1.62 bp | 10.3 bp −$10 | 17.0 bp −$170 | 41.1 bp −$4,110 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | −0.0048% | 1h | 93.590 | −0.245% | $854K | $788K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.790 | −0.032% | $15.1M | $26.7M | 50x | as long as short |
| Bitget CRCLUSDTlong | 0.0000% | 8h | 93.820 | long leg | $18.5M | $36.0M | 25x | |
| Deribit CRCL_USDC-PERPETUAL | 0.0000% | 1h | 93.810 | −0.011% | $5K | $415K | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 93.960 | +0.149% | $1.0M | $47K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0021% | 1h | 94.010 | +0.203% | — | $30K | 25x | as long as short |
| Aftermath Perps CRCLUSD | +0.0030% | 1h | 93.278 | −0.578% | $2K | $29K | 5x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.128 | +0.328% | $998K | $2.7M | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 93.684 | −0.145% | $68.2M | $42.5M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 93.607 | −0.227% | $310K | $1.0M | 10x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 93.950 | +0.139% | $1.0M | $4.0M | 10x | as long as short |
| QFEX CRCL-USD | +0.0055% | 1h | 94.410 | +0.629% | $1.3M | $1.7M | 10x | as long as short |
| Gate CRCL_USDT | +0.0059% | 8h | 93.870 | +0.053% | $7.6M | $26.0M | 50x | as long as short |
| Injective CRCL/USDC PERP | +0.0072% | 1h | 92.090 | −1.844% | $38K | $172K | 30x | as long as short |
| Paradex CRCL-USD-PERP | +0.0074% | 8h | 94.031 | +0.225% | $433 | $477 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.073 | +0.269% | $141K | $139K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 93.780 | −0.043% | $2.6M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.710 | −1.183% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythosshort | +0.0100% | 8h | 93.830 | +0.011% | $739 | $2K | 10x | |
| Aevo CRCL-PERP | +0.0104% | 1h | 93.847 | +0.029% | $4 | — | 10x | as long as short |
| Variational Omni CRCL | +0.0194% | 8h | 92.750 | −1.140% | $2.5M | $3.2M | — | as long as short |
| Phoenix CRCL | +0.0197% | 1h | 92.750 | −1.140% | $27K | $66K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0207% | 8h | 93.860 | +0.043% | $22.6M | $61.3M | 50x | as long as short |
| Arcus CRCL-USD | +0.0214% | 1h | 93.960 | +0.149% | $94K | $209K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0252% | 1h | 93.874 | +0.058% | $47K | $3K | 10x | as long as short |
| Binance CRCLUSDT | +0.0255% | 8h | 93.800 | −0.021% | $107.5M | $365.4M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0256% | 1h | 93.799 | −0.022% | $1.1M | $4.0M | 10x | as long as short |
| Lighter CRCL | +0.0264% | 1h | 94.124 | +0.324% | $3.0M | $2.2M | 10x | as long as short |
| Nado CRCL-PERP | +0.0267% | 1h | 93.801 | −0.020% | $156K | $101K | 3x | as long as short |
| Aster CRCLUSDT | +0.0275% | 8h | 93.822 | +0.002% | $1.1M | $4.6M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0312% | 8h | 92.721 | −1.172% | $59K | $988K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0379% | 8h | 94.440 | +0.661% | $1.2M | $1.7M | 20x | as long as short |
| edgeX CRCLUSDC | +0.0438% | 4h | 92.693 | −1.201% | $53K | $269K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0528% | 1h | 93.805 | −0.016% | $417K | $228K | 10x | as long as short |
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Deribit CRCL_USDC-PERPETUAL
Phemex CRCLUSDT
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
Gate CRCL_USDT
Injective CRCL/USDC PERP
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Variational Omni CRCL
Phoenix CRCL
OKX CRCL-USDT-SWAP
SoDEX CRCL-USD
Binance CRCLUSDT
Extended CRCL_24_5-USD
Lighter CRCL
Aster CRCLUSDT
GRVT CRCL_USDT_Perp
BloFin CRCL-USDT
edgeX CRCLUSDC
RISEx CRCL/USDC