CRCL

Alert

Funding spread now, next payment 16:00 UTC+0.0091%/8h

next payment, per $10,000+$0.91paid, last 24h−0.084%paid, last 3 days−0.238%to open and closeno order book

Long on Paradex Short on Variational Omni

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CRCL-USD-PERP	99.465	0.0134	pay 0.0134% / 8h	2h 27m	$756	$428	5x
Short	Variational Omni CRCL	97.616	0.0226	get 0.0226% / 8h	2h 27m	$2.9M	$1.7M	—

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee Variational OmnibpOrdersRate

Funding earned: $19.21
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $15.21
Break-even: 1.5 days

Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: −1.859%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Variational Omni RFQ quote, 2 min ago	3.39 bp	doesn't fit	18.8 bp −$188	doesn't fit	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 33 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit CRCL_USDC-PERPETUAL	−0.0359%	1h	$4K	$462K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	$8.3M	$17.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	$1.1M	$46K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0040%	1h	$967K	$747K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0045%	1h	$2K	$8K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	$403K	$1.1M	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	$1.1M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0057%	1h	$1.4M	$2.5M	10x	as long as short
Vest CRCL-USD-PERP	+0.0066%	1h	—	$21K	25x	as long as short
SoDEX CRCL-USD	+0.0087%	1h	$50K	$3K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH CRCL	+0.0088%	1h	$908K	$1.9M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	$105K	$53K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	$2.9M	$881K	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	$71K	$8K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	$2K	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	$4	—	10x	as long as short
tradeXYZ xyz:CRCL	+0.0132%	1h	$75.4M	$24.7M	10x	as long as short
Bybit CRCLUSDT	+0.0133%	8h	$15.7M	$14.2M	50x	as long as short
Paradex CRCL-USD-PERPlong	+0.0134%	8h	$756	$428	5x
Bitget CRCLUSDT	+0.0204%	8h	$17.3M	$24.4M	25x	as long as short
Variational Omni CRCLshort	+0.0226%	8h	$2.9M	$1.7M	—
Phoenix CRCL	+0.0230%	1h	$5K	$33K	10x	as long as short
Nado CRCL-PERP	+0.0263%	1h	$134K	$71K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0286%	8h	$23.3M	$40.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0328%	1h	$1.2M	$3.0M	10x	as long as short
Binance CRCLUSDT	+0.0328%	8h	$110.6M	$220.1M	50x	as long as short
Arcus CRCL-USD	+0.0369%	1h	$128K	$168K	10x	as long as short
Aster CRCLUSDT	+0.0386%	8h	$1.6M	$1.8M	20x	as long as short
Lighter CRCL	+0.0392%	1h	$3.2M	$1.5M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	$5K	$87K	30x	as long as short
BloFin CRCL-USDT	+0.0443%	8h	$1.2M	$469K	20x	as long as short
RISEx CRCL/USDC	+0.0589%	1h	$471K	$302K	10x	as long as short
edgeX CRCLUSDC	+0.0603%	4h	$22K	$247K	10x	as long as short