Funding you earn now, next payment 02:00 UTC−0.0075%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.039%
Price spread now: Vest against Extended−0.309%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.309% cheaper against Extended than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRCL_24_5-USD | 91.994 | 0.0080 | pay 0.0010% / 1h | 37m 00s | $1.1M | $5.7M | 10x |
| Short | Vest CRCL-USD-PERP | 91.710 | 0.0005 | get 0.0001% / 1h | 37m 00s | — | $37K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Extended. 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
- −$15.83
- Price spread: −0.309% → 0.000%
- −$30.85
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$53.68
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Vest: 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 Extended live order book, 2 min ago | 0.65 bp | 5.9 bp −$6 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0319% | 8h | 92.060 | +0.072% | $16.0M | $35.4M | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0008% | 1h | 91.650 | −0.374% | $912K | $584K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.020 | +0.028% | $15.1M | $25.8M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.947 | −0.051% | $420K | $300K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.030 | +0.039% | $7.2M | $26.4M | 50x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.790 | −0.222% | $61K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.860 | −0.145% | $1.0M | $49K | 10x | as long as short |
| Variational Omni CRCL | +0.0004% | 8h | 91.891 | −0.112% | $2.5M | $3.2M | — | as long as short |
| Vest CRCL-USD-PERPshort | +0.0005% | 1h | 91.710 | −0.309% | — | $37K | 25x | |
| Aftermath Perps CRCLUSD | +0.0026% | 1h | 91.985 | −0.009% | $2K | $22K | 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 | +0.0032% | 1h | 91.908 | −0.093% | $977K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.870 | −0.135% | $93K | $272K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.950 | −0.048% | $69.3M | $41.8M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.919 | −0.081% | $356K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.852 | −0.154% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.760 | −0.254% | $1.0M | $5.5M | 10x | as long as short |
| QFEX CRCL-USD | +0.0057% | 1h | 91.930 | −0.069% | $1.3M | $2.4M | 10x | as long as short |
| Binance CRCLUSDT | +0.0078% | 8h | 91.991 | −0.003% | $105.0M | $393.3M | 50x | as long as short |
| Extended CRCL_24_5-USDlong | +0.0080% | 1h | 91.994 | long leg | $1.1M | $5.7M | 10x | |
| OKX CRCL-USDT-SWAP | +0.0081% | 8h | 92.060 | +0.072% | $21.7M | $60.3M | 50x | as long as short |
| Aster CRCLUSDT | +0.0082% | 8h | 91.878 | −0.126% | $1.1M | $4.9M | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.0084% | 8h | 91.949 | −0.049% | $754 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.960 | −0.037% | $129K | $154K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.930 | −0.069% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.780 | −0.232% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.850 | −0.156% | $916 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.861 | −0.144% | $4 | — | 10x | as long as short |
| Nado CRCL-PERP | +0.0181% | 1h | 91.942 | −0.056% | $131K | $103K | 3x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0186% | 1h | 91.860 | −0.145% | $4K | $769K | 10x | as long as short |
| Lighter CRCL | +0.0192% | 1h | 91.940 | −0.058% | $3.0M | $2.4M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0222% | 8h | 92.330 | +0.365% | $1.1M | $1.1M | 20x | as long as short |
| Phoenix CRCL | +0.0231% | 1h | 91.730 | −0.287% | $27K | $92K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.270 | +0.300% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0565% | 4h | 91.735 | −0.281% | $23K | $267K | 10x | as long as short |
Extended CRCL_24_5-USD
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Variational Omni CRCL
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Binance CRCLUSDT
OKX CRCL-USDT-SWAP
Aster CRCLUSDT
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Deribit CRCL_USDC-PERPETUAL
Lighter CRCL
BloFin CRCL-USDT
Phoenix CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC