data as of
Settings8H · net · $10k
Funding arb /

CRCL

RWAall CRCL markets
SwapPrice view
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Funding spread now, next payment 20:00 UTC+0.0087%/8h
paid, last 24h+0.010%paid, last 3 days−0.012%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex CRCLUSDT94.6600get 0.0000% / 4h3h 34m$1.0M$45K10x
ShortVariational Omni CRCL94.7270.0087get 0.0087% / 8h7h 34m$2.2M$2.9M

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$18.22
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$6.22
Break-even
4.6 days
Slippage unknown: Phemex: live order book, 4 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.070%
Avg gap 7d
+0.013%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago1.58 bp39.9 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago3.42 bpdoesn't fit8.8 bp −$88doesn't fitdoesn't fit

CRCL on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate CRCL_USDT0.0000%8h$7.1M$25.3M50xas long as short
Phemex CRCLUSDTlong0.0000%4h$1.0M$45K10x
Lighter RH CRCL+0.0032%1h$793K$2.7M10xas long as short
Vest CRCL-USD-PERP+0.0040%1h$45K25xas long as short
QFEX CRCL-USD+0.0049%1h$1.4M$2.6M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h$357K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h$48K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h$1.1M$5.7M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0080%1h$942K$798K10xas long as short
Variational Omni CRCLshort+0.0087%8h$2.2M$2.9M
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex CRCL-USD-PERP+0.0088%8h$720$4285xas long as short
tradeXYZ xyz:CRCL+0.0089%1h$71.3M$40.1M10xas long as short
Pacifica CRCL+0.0100%1h$76K$98K10xas long as short
ApeX Omni CRCLUSDT+0.0100%1h$70K$7K50xas long as short
Orderly PERP_CRCL_USDC_mythos+0.0100%8h$945$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h$410xas long as short
RISEx CRCL/USDC+0.0124%1h$405K$336K10xas long as short
Aster CRCLUSDT+0.0159%8h$1.1M$4.6M20xas long as short
Binance CRCLUSDT+0.0168%8h$107.4M$352.5M50xas long as short
Extended CRCL_24_5-USD+0.0168%1h$1.0M$3.1M10xas long as short
Bybit CRCLUSDT+0.0171%8h$15.5M$23.3M50xas long as short
Phoenix CRCL+0.0204%1h$28K$92K10xas long as short
OKX CRCL-USDT-SWAP+0.0208%8h$22.8M$55.8M50xas long as short
KuCoin CRCLUSDTM+0.0241%8h$2.9M$1.4M20xas long as short
Lighter CRCL+0.0272%1h$2.9M$2.0M10xas long as short
Bitget CRCLUSDT+0.0274%8h$16.8M$33.0M25xas long as short
BloFin CRCL-USDT+0.0289%8h$1.1M$585K20xas long as short
Nado CRCL-PERP+0.0309%1h$132K$79K3xas long as short
Aftermath Perps CRCLUSD+0.0312%1h$2K$13K5xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0383%1h$4K$802K10xas long as short
Arcus CRCL-USD+0.0427%1h$106K$250K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h$5K$76K30xas long as short
edgeX CRCLUSDC+0.0686%4h$24K$265K10xas long as short