CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0105%/8h= +11.5% APRnext payment +$1.05 per $10,000 · paid last 24h −0.020%

Price spread now: Paradex against Gate+0.068%45s7-day average — · you sell dearer than you buy

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

Long on Gate Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.068% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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	Gate CRCL_USDT	94.450	0	get 0.0000% / 8h	7h 23m	$7.2M	$27.0M	50x
Short	Paradex CRCL-USD-PERP	94.514	0.0105	get 0.0105% / 8h	7h 23m	$775	$740	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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 GatebpFee ParadexbpOrdersPrice spread, now +0.068%Rate

Funding earned: $22.02
Price spread: +0.068% → 0.000%: $6.79
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: $9.8
Costs to cover: 0.190%
Break-even: 3.9 days

Slippage unknown: Gate: live order book, 5 min ago; Paradex: 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 Gate live order book, 5 min ago	1.06 bp	12.2 bp −$12	26.4 bp −$264	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.210	−0.254%	$942K	$622K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	94.440	−0.011%	$15.5M	$25.6M	50x	as long as short
Gate CRCL_USDTlong	0.0000%	8h	94.450	long leg	$7.2M	$27.0M	50x
GRVT CRCL_USDT_Perp	0.0000%	8h	94.500	+0.053%	$67K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.450	0.000%	$1.0M	$49K	10x	as long as short
Bitget CRCLUSDT	+0.0031%	8h	94.440	−0.011%	$17.0M	$34.6M	25x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.453	+0.003%	$889K	$2.8M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	94.378	−0.077%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.440	−0.011%	$1.4M	$2.6M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.380	−0.074%	—	$37K	25x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CRCL	+0.0050%	1h	94.383	−0.071%	$71.8M	$42.0M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.453	+0.003%	$366K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.417	−0.035%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.390	−0.064%	$1.0M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.404	−0.049%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.470	+0.021%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.410	−0.042%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.450	0.000%	$942	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.449	−0.001%	$4	—	10x	as long as short
Paradex CRCL-USD-PERPshort	+0.0105%	8h	94.514	+0.068%	$775	$740	5x
Variational Omni CRCL	+0.0117%	8h	94.489	+0.042%	$2.5M	$3.1M	—	as long as short
OKX CRCL-USDT-SWAP	+0.0149%	8h	94.430	−0.021%	$22.8M	$59.4M	50x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0174%	1h	94.420	−0.032%	$4K	$769K	10x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	94.418	−0.034%	$1.1M	$5.9M	10x	as long as short
Binance CRCLUSDT	+0.0188%	8h	94.438	−0.013%	$109.4M	$385.9M	50x	as long as short
Aster CRCLUSDT	+0.0194%	8h	94.444	−0.006%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0231%	1h	94.471	+0.023%	$132K	$76K	3x	as long as short
Lighter CRCL	+0.0288%	1h	94.449	−0.001%	$3.1M	$2.2M	10x	as long as short
Phoenix CRCL	+0.0296%	1h	94.424	−0.028%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0308%	8h	94.500	+0.053%	$1.1M	$561K	20x	as long as short
edgeX CRCLUSDC	+0.0385%	4h	94.442	−0.009%	$24K	$267K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.890	+0.466%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.440	−0.011%	$97K	$271K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.474	+0.026%	$431K	$299K	10x	as long as short