Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.081%
Price spread now: Ondo Perps against RISEx−0.282%7-day average −0.134% · 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)−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.282%, 7d avg −0.134%
=Together, before fees−0.034%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.148% cheaper against RISEx than usual: you would sell low and buy high (spread −0.282% now, against its 7-day average of −0.134%). If the spread goes back, that is −$15 on $10k: about 9.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.240%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx CRCL/USDC | 91.809 | 0 | get 0.0000% / 1h | 22m 53s | $419K | $298K | 10x |
| Short | Ondo Perps CRCL-USD.P | 91.550 | 0.0050 | get 0.0006% / 1h | 22m 53s | $974K | $5.2M | 10x |
RISEx CRCL/USDC
Ondo Perps CRCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against RISEx. 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
- $10.58
- Price spread: −0.282% → −0.134%
- −$14.82
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$15.24
- Costs to cover
- 0.110%
- Break-even
- 17.1 days
Slippage unknown: RISEx: live order book, 40 min ago; Ondo Perps: no order-book sample. 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 RISEx live order book, 40 min ago | 1.63 bp | 4.6 bp −$5 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 CRCLUSDT | −0.1299% | 8h | 91.810 | +0.001% | $15.9M | $34.6M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0077% | 1h | 91.520 | −0.315% | — | $31K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 91.470 | −0.369% | $903K | $518K | 10x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 91.746 | −0.069% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 91.800 | −0.010% | $104.7M | $385.0M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.820 | +0.012% | $15.1M | $25.8M | 50x | as long as short |
| RISEx CRCL/USDClong | 0.0000% | 1h | 91.809 | long leg | $419K | $298K | 10x | |
| Gate CRCL_USDT | 0.0000% | 8h | 91.790 | −0.021% | $7.1M | $26.7M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.576 | −0.254% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.605 | −0.222% | $65K | $1.1M | 10x | as long as short |
Bitget CRCLUSDT
Vest CRCL-USD-PERP
Coinbase International CRCL-PERP-INTX
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRCLUSDT | 0.0000% | 4h | 91.740 | −0.075% | $1.0M | $49K | 10x | as long as short |
| Aster CRCLUSDT | +0.0001% | 8h | 91.753 | −0.061% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0006% | 8h | 91.820 | +0.012% | $21.5M | $59.4M | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.0019% | 1h | 91.652 | −0.171% | $2K | $23K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 91.810 | +0.001% | $1.3M | $2.1M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.808 | −0.001% | $975K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.640 | −0.184% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.728 | −0.088% | $68.5M | $41.3M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.730 | −0.086% | $357K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.740 | −0.075% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.Pshort | +0.0050% | 1h | 91.550 | −0.282% | $974K | $5.2M | 10x | |
| Paradex CRCL-USD-PERP | +0.0071% | 8h | 91.819 | +0.010% | $753 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.770 | −0.043% | $132K | $157K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.710 | −0.108% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.600 | −0.228% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.720 | −0.097% | $914 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.745 | −0.070% | $4 | — | 10x | as long as short |
| BloFin CRCL-USDT | +0.0120% | 8h | 91.760 | −0.054% | $1.1M | $1.3M | 20x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 91.546 | −0.287% | $27K | $84K | 10x | as long as short |
| Nado CRCL-PERP | +0.0194% | 1h | 91.764 | −0.050% | $131K | $104K | 3x | as long as short |
| Lighter CRCL | +0.0224% | 1h | 91.814 | +0.005% | $3.0M | $2.4M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0300% | 4h | 91.627 | −0.198% | $23K | $248K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.180 | +0.404% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0623% | 1h | 91.770 | −0.043% | $4K | $767K | 10x | as long as short |
Phemex CRCLUSDT
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
Aftermath Perps CRCLUSD
QFEX CRCL-USD
Lighter RH CRCL
Arcus CRCL-USD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
BloFin CRCL-USDT
Phoenix CRCL
Nado CRCL-PERP
Lighter CRCL
edgeX CRCLUSDC
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL