Funding you earn now, next payment 10:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: Ondo Perps against Coinbase International−0.151%7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.151%, 7d avg −0.055%
=Together, before fees−0.047%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.095% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.055%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CRCL-PERP-INTX | 92.950 | −0.0048 | get 0.0006% / 1h | 43m 37s | $869K | $748K | 10x |
| Short | Ondo Perps CRCL-USD.P | 92.810 | 0.0050 | get 0.0006% / 1h | 43m 37s | $1.0M | $3.8M | 10x |
Coinbase International CRCL-PERP-INTX
Ondo Perps CRCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Coinbase International. 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
- $20.66
- Price spread: −0.151% → −0.055%
- −$9.52
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$3.86
- Costs to cover
- 0.150%
- Break-even
- 8.3 days
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 2.15 bp | 7.2 bp −$7 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| 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 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-INTXlong | −0.0048% | 1h | 92.950 | long leg | $869K | $748K | 10x | |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.920 | −0.032% | $15.0M | $25.1M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 92.960 | +0.011% | $18.6M | $33.4M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.890 | −0.065% | $1.0M | $45K | 10x | as long as short |
| Vest CRCL-USD-PERP | 0.0000% | 1h | 92.850 | −0.108% | — | $30K | 25x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.949 | −0.001% | $998K | $2.5M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0041% | 1h | 92.974 | +0.026% | $2K | $29K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.860 | −0.097% | $67.8M | $40.2M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.851 | −0.107% | $381K | $847K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.907 | −0.046% | $47K | $3K | 10x | as long as short |
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Vest CRCL-USD-PERP
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USDShow all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.Pshort | +0.0050% | 1h | 92.810 | −0.151% | $1.0M | $3.8M | 10x | |
| QFEX CRCL-USD | +0.0055% | 1h | 92.880 | −0.075% | $1.3M | $1.6M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0072% | 1h | 92.090 | −0.925% | $38K | $172K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0073% | 1h | 92.930 | −0.022% | $5K | $415K | 10x | as long as short |
| Gate CRCL_USDT | +0.0079% | 8h | 92.990 | +0.043% | $7.5M | $25.3M | 50x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.900 | −0.054% | $139K | $139K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.940 | −0.011% | $2.6M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.970 | +0.022% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.980 | +0.032% | $927 | $1K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.962 | +0.013% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0108% | 8h | 92.887 | −0.068% | $427 | $477 | 5x | as long as short |
| Phoenix CRCL | +0.0197% | 1h | 93.210 | +0.280% | $28K | $66K | 10x | as long as short |
| Arcus CRCL-USD | +0.0214% | 1h | 92.870 | −0.086% | $93K | $210K | 10x | as long as short |
| Nado CRCL-PERP | +0.0292% | 1h | 92.846 | −0.112% | $155K | $94K | 3x | as long as short |
| Variational Omni CRCL | +0.0306% | 8h | 93.001 | +0.055% | $2.5M | $3.3M | — | as long as short |
| OKX CRCL-USDT-SWAP | +0.0312% | 8h | 92.910 | −0.043% | $22.9M | $56.7M | 50x | as long as short |
| Lighter CRCL | +0.0320% | 1h | 92.979 | +0.031% | $3.0M | $2.1M | 10x | as long as short |
| Aster CRCLUSDT | +0.0375% | 8h | 92.968 | +0.019% | $1.1M | $4.4M | 20x | as long as short |
| Binance CRCLUSDT | +0.0378% | 8h | 92.920 | −0.032% | $107.5M | $352.1M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0384% | 1h | 92.888 | −0.067% | $1.1M | $4.0M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0512% | 8h | 92.930 | −0.022% | $1.1M | $1.7M | 20x | as long as short |
| RISEx CRCL/USDC | +0.0528% | 1h | 92.925 | −0.027% | $417K | $233K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0773% | 8h | 93.081 | +0.141% | $61K | $1.0M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0830% | 4h | 92.904 | −0.049% | $53K | $270K | 10x | as long as short |
QFEX CRCL-USD
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
Gate CRCL_USDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
Phoenix CRCL
Arcus CRCL-USD
Nado CRCL-PERP
Variational Omni CRCL
OKX CRCL-USDT-SWAP
Lighter CRCL
Aster CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
BloFin CRCL-USDT
RISEx CRCL/USDC
GRVT CRCL_USDT_Perp
edgeX CRCLUSDC