CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0187%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.056%

Price spread now: Aevo against Nado+0.083%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Aevo

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 airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.083% dearer against Nado than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado CRCL-PERP	92.851	0.0291	pay 0.0036% / 1h	44m 47s	$155K	$94K	3x
Short	Aevo CRCL-PERP	92.928	0.0104	get 0.0013% / 1h	44m 47s	$4	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now +0.083%Rate

Funding earned: −$39.17
Price spread: +0.083% → 0.000%: $8.32
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$53.85
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 1 min ago; Aevo: 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 Nado live order book, 1 min ago	2.15 bp	6.0 bp −$6	23.7 bp −$237	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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-INTX	−0.0048%	1h	92.950	+0.107%	$869K	$749K	10x	as long as short
Vest CRCL-USD-PERP	−0.0001%	1h	92.860	+0.010%	—	$30K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.940	+0.096%	$15.0M	$25.1M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.970	+0.128%	$18.6M	$33.4M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.910	+0.064%	$1.0M	$45K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.954	+0.111%	$998K	$2.5M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	93.001	+0.162%	$2K	$29K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	93.050	+0.215%	$68.0M	$40.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.872	+0.023%	$382K	$847K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.905	+0.058%	$47K	$3K	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.810	−0.044%	$1.0M	$3.8M	10x	as long as short
QFEX CRCL-USD	+0.0055%	1h	92.890	+0.042%	$1.3M	$1.6M	10x	as long as short
Injective CRCL/USDC PERP	+0.0072%	1h	92.090	−0.819%	$38K	$172K	30x	as long as short
Gate CRCL_USDT	+0.0082%	8h	93.000	+0.161%	$7.5M	$25.3M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	92.860	+0.010%	$139K	$139K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	93.000	+0.161%	$2.6M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	93.030	+0.193%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.980	+0.139%	$927	$1K	10x	as long as short
Aevo CRCL-PERPshort	+0.0104%	1h	92.928	+0.083%	$4	—	10x
Paradex CRCL-USD-PERP	+0.0111%	8h	92.863	+0.014%	$427	$477	5x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0181%	1h	92.870	+0.021%	$5K	$415K	10x	as long as short
Phoenix CRCL	+0.0197%	1h	93.210	+0.387%	$28K	$66K	10x	as long as short
Arcus CRCL-USD	+0.0214%	1h	92.880	+0.032%	$94K	$211K	10x	as long as short
edgeX CRCLUSDC	+0.0218%	4h	93.043	+0.207%	$53K	$270K	10x	as long as short
Nado CRCL-PERPlong	+0.0291%	1h	92.851	long leg	$155K	$94K	3x
Variational Omni CRCL	+0.0306%	8h	93.001	+0.162%	$2.5M	$3.3M	—	as long as short
Lighter CRCL	+0.0312%	1h	92.976	+0.135%	$3.0M	$2.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0315%	8h	92.930	+0.085%	$22.9M	$56.7M	50x	as long as short
Aster CRCLUSDT	+0.0379%	8h	93.012	+0.174%	$1.1M	$4.4M	20x	as long as short
Binance CRCLUSDT	+0.0390%	8h	92.933	+0.089%	$107.5M	$352.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0392%	1h	92.925	+0.080%	$1.1M	$4.0M	10x	as long as short
BloFin CRCL-USDT	+0.0512%	8h	92.930	+0.085%	$1.1M	$1.7M	20x	as long as short
RISEx CRCL/USDC	+0.0528%	1h	92.935	+0.091%	$417K	$234K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0773%	8h	93.081	+0.248%	$61K	$1.0M	10x	as long as short