CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h −0.057%

Price spread now: Orderly against BloFin−0.022%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.022% cheaper against BloFin than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CRCL-USDT	91.810	0.0049	pay 0.0049% / 8h	3h 40m	$1.1M	$1.6M	20x
Short	Orderly PERP_CRCL_USDC_mythos	91.790	0.0100	get 0.0100% / 8h	3h 40m	$915	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.022%Rate

Funding earned: $10.81
Price spread: −0.022% → 0.000%: −$2.18
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$9.37
Costs to cover: 0.180%
Break-even: 13.1 days

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.54 bp	6.7 bp −$7	11.0 bp −$110	35.6 bp −$3,559	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 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	−0.0707%	8h	91.940	+0.142%	$16.8M	$35.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0067%	1h	91.610	−0.218%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.880	+0.076%	$14.9M	$26.5M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.960	+0.163%	$7.3M	$27.3M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.849	+0.042%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.820	+0.011%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0005%	8h	91.840	+0.033%	$1.1M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0013%	8h	91.887	+0.084%	$104.7M	$391.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0016%	1h	91.858	+0.052%	$1.2M	$5.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	91.861	+0.055%	$2K	$25K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0040%	1h	91.860	+0.054%	$973K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.850	+0.044%	$93K	$272K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.890	+0.087%	$907K	$510K	10x	as long as short
BloFin CRCL-USDTlong	+0.0049%	8h	91.810	long leg	$1.1M	$1.6M	20x
tradeXYZ xyz:CRCL	+0.0050%	1h	91.803	−0.008%	$68.2M	$41.8M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.840	+0.033%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.833	+0.025%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.680	−0.142%	$1.0M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.860	+0.054%	$1.3M	$1.9M	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0072%	8h	91.949	+0.152%	$70K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0077%	8h	91.900	+0.098%	$22.3M	$61.6M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.886	+0.083%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.830	+0.022%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.920	+0.120%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythosshort	+0.0100%	8h	91.790	−0.022%	$915	$2K	10x
Aevo CRCL-PERP	+0.0104%	1h	91.845	+0.038%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.878	+0.075%	$418K	$299K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0129%	8h	91.815	+0.006%	$422	$905	5x	as long as short
Phoenix CRCL	+0.0182%	1h	91.905	+0.103%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0312%	1h	91.864	+0.059%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0367%	1h	91.746	−0.070%	$134K	$106K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.360	+0.599%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0501%	4h	91.963	+0.167%	$51K	$275K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1058%	1h	91.870	+0.065%	$4K	$768K	10x	as long as short