Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.80 per $10,000 · paid last 24h +0.023%
Price spread now: Binance against Paradex−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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 | Paradex CRCL-USD-PERP | 94.376 | 0.0102 | pay 0.0102% / 8h | 7h 21m | $774 | $740 | 5x |
| Short | Binance CRCLUSDT | 94.372 | 0.0182 | get 0.0182% / 8h | 7h 21m | $109.4M | $386.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paradex. 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
- $16.85
- Price spread: −0.005% → 0.000%
- −$0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $2.34
- Costs to cover
- 0.140%
- Break-even
- 6.0 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 7 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.53 bp | 6.9 bp −$7 | 10.7 bp −$107 | 33.3 bp −$3,327 | 142.0 bp −$71.0K |
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 | −0.176% | $942K | $622K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 94.350 | −0.028% | $15.5M | $25.6M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 94.400 | +0.025% | $7.2M | $27.0M | 50x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 94.506 | +0.137% | $67K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.390 | +0.014% | $1.0M | $49K | 10x | as long as short |
| Bitget CRCLUSDT | +0.0023% | 8h | 94.380 | +0.004% | $17.0M | $34.6M | 25x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.356 | −0.022% | $888K | $2.8M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0041% | 1h | 94.348 | −0.030% | $2K | $22K | 5x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 94.390 | +0.014% | $1.4M | $2.6M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.270 | −0.113% | — | $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 | 94.310 | −0.070% | $71.7M | $42.0M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.340 | −0.039% | $365K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.357 | −0.021% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.280 | −0.102% | $1.0M | $5.7M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 94.325 | −0.055% | $76K | $99K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.420 | +0.046% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.410 | +0.036% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.370 | −0.007% | $941 | $3K | 10x | as long as short |
| Paradex CRCL-USD-PERPlong | +0.0102% | 8h | 94.376 | long leg | $774 | $740 | 5x | |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.375 | −0.001% | $4 | — | 10x | as long as short |
| Variational Omni CRCL | +0.0117% | 8h | 94.489 | +0.120% | $2.5M | $3.1M | — | as long as short |
| OKX CRCL-USDT-SWAP | +0.0146% | 8h | 94.350 | −0.028% | $22.8M | $59.3M | 50x | as long as short |
| Binance CRCLUSDTshort | +0.0182% | 8h | 94.372 | −0.005% | $109.4M | $386.0M | 50x | |
| Extended CRCL_24_5-USD | +0.0184% | 1h | 94.369 | −0.008% | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | +0.0187% | 8h | 94.416 | +0.042% | $1.1M | $4.9M | 20x | as long as short |
| Nado CRCL-PERP | +0.0226% | 1h | 94.311 | −0.069% | $132K | $76K | 3x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0280% | 1h | 94.360 | −0.017% | $4K | $769K | 10x | as long as short |
| Lighter CRCL | +0.0288% | 1h | 94.376 | −0.001% | $3.0M | $2.2M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0294% | 4h | 94.484 | +0.114% | $24K | $268K | 10x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 94.424 | +0.050% | $28K | $92K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0305% | 8h | 94.460 | +0.088% | $1.1M | $561K | 20x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.890 | +0.544% | $5K | $19K | 30x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.390 | +0.014% | $96K | $271K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 94.368 | −0.009% | $430K | $299K | 10x | as long as short |
Paradex CRCL-USD-PERP
Binance CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Bitget CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Variational Omni CRCL
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Aster CRCLUSDT
Deribit CRCL_USDC-PERPETUAL
Lighter CRCL
edgeX CRCLUSDC
Phoenix CRCL
BloFin CRCL-USDT
Injective CRCL/USDC PERP
RISEx CRCL/USDC