CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.014%

Price spread now: Variational Omni against KuCoin+0.064%7-day average −0.007% · you sell dearer than you buy

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.037%−$4 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.064%, 7d avg −0.007%

Together, before fees−0.081%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.071% dearer against KuCoin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.007%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 4 days (−0.037% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRCLUSDTM	91.890	0.0100	pay 0.0100% / 8h	3h 04m	$2.7M	$1.9M	20x
Short	Variational Omni CRCL	91.949	0	get 0.0000% / 8h	3h 04m	$2.5M	$3.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now +0.064%Rate

Funding earned: −$21
Price spread: +0.064% → −0.007%: $7.14
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$25.86
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 7 min ago; Variational Omni: RFQ quote, 4 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 KuCoin live order book, 7 min ago	0.54 bp	53.2 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.46 bp	doesn't fit	12.3 bp −$123	doesn't fit	doesn't fit

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	−0.0671%	8h	91.940	+0.054%	$16.6M	$35.8M	25x	as long as short
Vest CRCL-USD-PERP	−0.0062%	1h	91.650	−0.261%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.860	−0.033%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.970	+0.087%	$7.4M	$27.5M	50x	as long as short
Variational Omni CRCLshort	0.0000%	8h	91.949	+0.064%	$2.5M	$3.2M	—
Phemex CRCLUSDT	0.0000%	4h	91.890	0.000%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0015%	8h	91.873	−0.018%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	91.850	−0.043%	$1.2M	$5.6M	10x	as long as short
Binance CRCLUSDT	+0.0025%	8h	91.875	−0.016%	$104.7M	$392.7M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.893	+0.003%	$974K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0039%	1h	91.866	−0.026%	$2K	$26K	5x	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	91.770	−0.131%	$914K	$522K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.774	−0.126%	$68.1M	$42.3M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.880	−0.011%	$386K	$1.2M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.888	−0.002%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.890	0.000%	$1.0M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.880	−0.011%	$1.3M	$1.8M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0078%	8h	91.825	−0.070%	$422	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0085%	8h	91.859	−0.034%	$70K	$1.1M	10x	as long as short
BloFin CRCL-USDT	+0.0096%	8h	91.920	+0.033%	$1.1M	$1.6M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0099%	8h	91.910	+0.022%	$22.4M	$61.9M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.863	−0.029%	$136K	$160K	10x	as long as short
KuCoin CRCLUSDTMlong	+0.0100%	8h	91.890	long leg	$2.7M	$1.9M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	91.800	−0.098%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.900	+0.011%	$916	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.890	0.000%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.916	+0.029%	$419K	$299K	10x	as long as short
Phoenix CRCL	+0.0182%	1h	91.893	+0.003%	$27K	$82K	10x	as long as short
Lighter CRCL	+0.0248%	1h	91.862	−0.030%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0349%	1h	91.734	−0.170%	$133K	$108K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.360	+0.511%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0512%	1h	91.900	+0.011%	$4K	$768K	10x	as long as short
edgeX CRCLUSDC	+0.0757%	4h	91.849	−0.044%	$51K	$276K	10x	as long as short