Funding you earn now, next payment 01:00 UTC−0.0299%/8h= −32.7% APRpaid last 24h −0.084%
Price spread now: Aster against Injective−0.641%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.586%−$59 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.641% cheaper against Injective than usual: you would sell low and buy high (−$64 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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 | Injective CRCL/USDC PERP | 94.210 | 0.0440 | pay 0.0055% / 1h | 0m 33s | $5K | $19K | 30x |
| Short | Aster CRCLUSDT | 93.606 | 0.0141 | get 0.0141% / 8h | 7h 00m | $1.1M | $4.9M | 20x |
Injective CRCL/USDC PERP
Aster CRCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$62.69
- Price spread: −0.641% → 0.000%
- −$64.1
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$134.81
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Aster: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 1.60 bp | 7.6 bp −$8 | 12.1 bp −$121 | doesn't fit | doesn't fit |
Injective: 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 | 93.600 | −0.647% | $936K | $591K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.520 | −0.732% | $15.3M | $25.4M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 93.610 | −0.637% | $7.2M | $27.2M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 93.570 | −0.679% | $16.6M | $34.3M | 25x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 93.950 | −0.276% | $62K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 93.620 | −0.626% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.517 | −0.736% | $980K | $3.0M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 93.831 | −0.402% | $2K | $22K | 5x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 93.500 | −0.754% | $1.3M | $2.5M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 93.380 | −0.881% | — | $37K | 25x | as long as short |
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
Bitget CRCLUSDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
QFEX CRCL-USD
Vest CRCL-USD-PERPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 93.525 | −0.727% | $71.5M | $40.9M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 93.483 | −0.772% | $362K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 93.567 | −0.683% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 93.610 | −0.637% | $1.0M | $5.7M | 10x | as long as short |
| Variational Omni CRCL | +0.0059% | 8h | 93.569 | −0.681% | $2.5M | $3.1M | — | as long as short |
| Paradex CRCL-USD-PERP | +0.0097% | 8h | 93.504 | −0.749% | $767 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 93.541 | −0.710% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 93.570 | −0.679% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 93.750 | −0.488% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 93.560 | −0.690% | $933 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 93.578 | −0.671% | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0123% | 8h | 93.550 | −0.701% | $22.6M | $58.6M | 50x | as long as short |
| Binance CRCLUSDT | +0.0138% | 8h | 93.500 | −0.754% | $107.9M | $385.5M | 50x | as long as short |
| Aster CRCLUSDTshort | +0.0141% | 8h | 93.606 | −0.641% | $1.1M | $4.9M | 20x | |
| Extended CRCL_24_5-USD | +0.0144% | 1h | 93.492 | −0.763% | $1.1M | $5.7M | 10x | as long as short |
| Nado CRCL-PERP | +0.0234% | 1h | 93.424 | −0.834% | $154K | $89K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0261% | 8h | 93.460 | −0.796% | $1.1M | $690K | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 93.980 | −0.244% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 93.607 | −0.640% | $3.0M | $2.3M | 10x | as long as short |
| Injective CRCL/USDC PERPlong | +0.0440% | 1h | 94.210 | long leg | $5K | $19K | 30x | |
| Deribit CRCL_USDC-PERPETUAL | +0.0498% | 1h | 93.590 | −0.658% | $4K | $769K | 10x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 93.720 | −0.520% | $96K | $271K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 93.524 | −0.728% | $427K | $297K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0940% | 4h | 93.809 | −0.425% | $24K | $268K | 10x | as long as short |
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
Variational Omni CRCL
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Extended CRCL_24_5-USD
Nado CRCL-PERP
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Deribit CRCL_USDC-PERPETUAL
Arcus CRCL-USD
RISEx CRCL/USDC
edgeX CRCLUSDC