CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0136%/8h= −14.9% APRnext payment −$1.36 per $10,000 · paid last 24h −0.039%

Price spread now: Aster against BloFin−0.017%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.017%, 7d avg +0.018%

Together, before fees−0.124%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CRCL-USDT	91.200	0.0351	pay 0.0351% / 8h	7h 36m	$1.1M	$1.7M	20x
Short	Aster CRCLUSDT	91.184	0.0215	get 0.0215% / 8h	7h 36m	$1.0M	$5.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$28.61
Price spread: −0.017% → +0.018%: −$3.49
Slippage, 4 orders: −$15.37
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$67.48
Costs to cover: 0.354%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 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 BloFin live order book, 6 min ago	3.29 bp	9.7 bp −$10	13.4 bp −$134	31.5 bp −$3,152	doesn't fit
Sell Aster live order book, 2 min ago	1.64 bp	6.6 bp −$7	11.1 bp −$111	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	−0.0104%	8h	91.220	+0.022%	$17.3M	$36.3M	25x	as long as short
Vest CRCL-USD-PERP	−0.0095%	1h	90.960	−0.263%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.160	−0.044%	$14.9M	$26.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.240	+0.044%	$1.0M	$47K	10x	as long as short
Gate CRCL_USDT	+0.0016%	8h	91.220	+0.022%	$7.8M	$26.4M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.190	−0.011%	$982K	$2.4M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	91.190	−0.011%	$872K	$505K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	91.175	−0.028%	$2K	$29K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.170	−0.033%	$95K	$285K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.103	−0.106%	$67.1M	$44.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CRCL-USD	+0.0050%	1h	91.126	−0.081%	$376K	$1.2M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.150	−0.055%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.030	−0.186%	$1.1M	$4.7M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	91.150	−0.055%	$1.3M	$1.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.200	0.000%	$134K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.220	+0.022%	$2.6M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.160	−0.044%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.160	−0.044%	$909	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.188	−0.013%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0137%	8h	91.162	−0.042%	$419	$766	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0152%	8h	91.220	+0.022%	$62K	$1.1M	10x	as long as short
Variational Omni CRCL	+0.0155%	8h	91.190	−0.011%	$2.4M	$3.3M	—	as long as short
Aster CRCLUSDTshort	+0.0215%	8h	91.184	−0.017%	$1.0M	$5.0M	20x
Lighter CRCL	+0.0224%	1h	91.194	−0.007%	$2.9M	$2.1M	10x	as long as short
Binance CRCLUSDT	+0.0231%	8h	91.143	−0.062%	$104.8M	$387.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0232%	1h	91.156	−0.049%	$1.1M	$5.1M	10x	as long as short
Phoenix CRCL	+0.0254%	1h	91.200	0.000%	$27K	$66K	10x	as long as short
edgeX CRCLUSDC	+0.0262%	4h	91.189	−0.012%	$52K	$269K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0296%	8h	91.180	−0.022%	$22.3M	$61.4M	50x	as long as short
BloFin CRCL-USDTlong	+0.0351%	8h	91.200	long leg	$1.1M	$1.7M	20x
Nado CRCL-PERP	+0.0373%	1h	91.109	−0.100%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.170	+1.064%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0501%	1h	91.204	+0.005%	$412K	$258K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0518%	1h	91.170	−0.033%	$5K	$769K	10x	as long as short