CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.70 per $10,000 · paid last 24h +0.029%

Price spread now: OKX against Orderly−0.011%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CRCL_USDC_mythos	91.140	0.0100	pay 0.0100% / 8h	5h 50m	$909	$2K	10x
Short	OKX CRCL-USDT-SWAP	91.130	0.0030	get 0.0030% / 8h	5h 50m	$21.4M	$58.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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 OrderlybpFee OKXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$14.8
Price spread: −0.011% → 0.000%: −$1.1
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$31.9
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 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 Orderly no order-book sample	—	—	—	—	—
Sell OKX live order book, 4 min ago	0.55 bp	7.5 bp −$7	14.9 bp −$149	103.2 bp −$10.3K	doesn't fit

Orderly: 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 33 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	−0.1163%	8h	91.210	+0.077%	$15.6M	$34.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0075%	1h	90.980	−0.176%	—	$38K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.160	+0.022%	$900K	$539K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.140	0.000%	$14.9M	$25.6M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.198	+0.064%	$416K	$297K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.150	+0.011%	$7.0M	$26.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.307	+0.183%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.480	+0.373%	$67K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.170	+0.033%	$1.0M	$49K	10x	as long as short
Binance CRCLUSDT	+0.0016%	8h	91.132	−0.009%	$103.5M	$383.5M	50x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CRCL_24_5-USD	+0.0016%	1h	91.108	−0.035%	$1.1M	$5.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0023%	1h	91.468	+0.360%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.230	+0.099%	$1.3M	$2.2M	10x	as long as short
Aster CRCLUSDT	+0.0025%	8h	91.127	−0.014%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAPshort	+0.0030%	8h	91.130	−0.011%	$21.4M	$58.8M	50x
Lighter RH CRCL	+0.0032%	1h	91.170	+0.033%	$968K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.440	+0.329%	$93K	$270K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.095	−0.049%	$68.2M	$41.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.110	−0.033%	$353K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.140	0.000%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.160	+0.022%	$973K	$5.1M	10x	as long as short
edgeX CRCLUSDC	+0.0055%	4h	91.376	+0.259%	$23K	$267K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0070%	8h	91.371	+0.253%	$749	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.338	+0.217%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.210	+0.077%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.500	+0.395%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythoslong	+0.0100%	8h	91.140	long leg	$909	$2K	10x
Aevo CRCL-PERP	+0.0104%	1h	91.133	−0.007%	$4	—	10x	as long as short
Phoenix CRCL	+0.0183%	1h	91.382	+0.266%	$27K	$84K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0189%	1h	91.180	+0.044%	$4K	$767K	10x	as long as short
Nado CRCL-PERP	+0.0205%	1h	91.164	+0.027%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0280%	1h	91.178	+0.042%	$2.9M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.900	+0.834%	$5K	$19K	30x	as long as short