Funding you earn now, next payment 08:00 UTC−0.1075%/8h= −117.7% APRnext payment −$10.75 per $10,000 · paid last 24h +0.027%
Price spread now: Bitget against Paradex+0.173%7-day average — · you sell dearer than you buy
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 pays, funding is against you. Bitget is 0.173% dearer against Paradex than usual: you sell high and buy low (spread +0.173% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex CRCL-USD-PERP | 90.893 | 0.0091 | pay 0.0091% / 8h | 2h 24m | $418 | $905 | 5x |
| Short | Bitget CRCLUSDT | 91.050 | −0.0984 | pay 0.0984% / 8h | 2h 24m | $16.7M | $36.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$225.69
- Price spread: +0.173% → 0.000%
- $17.3
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$224.39
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Bitget: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 1.65 bp | 9.6 bp −$10 | 14.8 bp −$148 | 62.1 bp −$6,215 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDTshort | −0.0984% | 8h | 91.050 | +0.173% | $16.7M | $36.5M | 25x | |
| Vest CRCL-USD-PERP | −0.0075% | 1h | 90.620 | −0.300% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 90.980 | +0.096% | $14.5M | $26.9M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.000 | +0.118% | $7.6M | $27.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 90.870 | −0.025% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 90.940 | +0.052% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0010% | 8h | 90.949 | +0.061% | $1.0M | $5.1M | 20x | as long as short |
| Extended CRCL_24_5-USD | +0.0024% | 1h | 90.931 | +0.042% | $1.0M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | +0.0024% | 8h | 90.958 | +0.072% | $103.4M | $395.8M | 50x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 90.861 | −0.035% | $969K | $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 | 90.955 | +0.069% | $2K | $26K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 90.900 | +0.008% | $92K | $290K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 90.899 | +0.007% | $67.9M | $43.3M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 90.943 | +0.055% | $381K | $1.3M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 90.889 | −0.004% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 90.790 | −0.113% | $999K | $5.2M | 10x | as long as short |
| QFEX CRCL-USD | +0.0054% | 1h | 90.910 | +0.019% | $1.3M | $1.8M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0072% | 1h | 90.700 | −0.212% | $883K | $598K | 10x | as long as short |
| Paradex CRCL-USD-PERPlong | +0.0091% | 8h | 90.893 | long leg | $418 | $905 | 5x | |
| BloFin CRCL-USDT | +0.0092% | 8h | 90.870 | −0.025% | $1.1M | $1.6M | 20x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 90.855 | −0.042% | $133K | $161K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 90.950 | +0.063% | $2.7M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 90.750 | −0.157% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 90.930 | +0.041% | $907 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 90.951 | +0.064% | $4 | — | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0105% | 8h | 91.230 | +0.371% | $62K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0112% | 8h | 90.980 | +0.096% | $22.0M | $62.0M | 50x | as long as short |
| RISEx CRCL/USDC | +0.0117% | 1h | 90.910 | +0.019% | $414K | $294K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0136% | 4h | 90.812 | −0.089% | $52K | $277K | 10x | as long as short |
| Lighter CRCL | +0.0208% | 1h | 90.862 | −0.034% | $2.9M | $2.4M | 10x | as long as short |
| Phoenix CRCL | +0.0210% | 1h | 91.148 | +0.281% | $27K | $82K | 10x | as long as short |
| Nado CRCL-PERP | +0.0299% | 1h | 90.900 | +0.008% | $132K | $109K | 3x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0300% | 1h | 90.950 | +0.063% | $4K | $768K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 91.650 | +0.833% | $5K | $19K | 30x | as long as short |
Paradex CRCL-USD-PERP
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Coinbase International CRCL-PERP-INTX
BloFin CRCL-USDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
RISEx CRCL/USDC
edgeX CRCLUSDC
Lighter CRCL
Phoenix CRCL
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP