CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%

Price spread now: Vest against SoDEX−0.136%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.136% cheaper against SoDEX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CRCL-USD	91.444	0.0050	pay 0.0006% / 1h	33m 22s	$46K	$3K	10x
Short	Vest CRCL-USD-PERP	91.320	−0.0068	pay 0.0008% / 1h	33m 22s	—	$31K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee VestbpOrdersPrice spread, now −0.136%Rate

Funding earned: −$24.76
Price spread: −0.136% → 0.000%: −$13.56
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$48.32
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Vest: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

SoDEX and Vest: 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	−0.1035%	8h	91.670	+0.247%	$16.2M	$34.9M	25x	as long as short
Vest CRCL-USD-PERPshort	−0.0068%	1h	91.320	−0.136%	—	$31K	25x
Aster CRCLUSDT	0.0000%	8h	91.580	+0.148%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.537	+0.102%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.612	+0.184%	$104.3M	$388.9M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.640	+0.214%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.580	+0.149%	$416K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.650	+0.225%	$7.2M	$27.1M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.439	−0.005%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.541	+0.106%	$65K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	91.460	+0.017%	$1.0M	$49K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0011%	8h	91.650	+0.225%	$21.9M	$60.8M	50x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.500	+0.061%	$903K	$489K	10x	as long as short
QFEX CRCL-USD	+0.0028%	1h	91.550	+0.116%	$1.3M	$2.0M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0029%	1h	91.617	+0.189%	$2K	$24K	5x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.570	+0.138%	$971K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.530	+0.094%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.554	+0.120%	$68.3M	$41.6M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.551	+0.117%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USDlong	+0.0050%	1h	91.444	long leg	$46K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.410	−0.037%	$992K	$5.1M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0086%	8h	91.538	+0.103%	$421	$905	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.529	+0.093%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.600	+0.171%	$2.7M	$2.0M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.500	+0.061%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.610	+0.182%	$913	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.592	+0.161%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.550	+0.116%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.525	+0.089%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0152%	1h	91.574	+0.142%	$2.9M	$2.4M	10x	as long as short
edgeX CRCLUSDC	+0.0281%	4h	91.498	+0.059%	$51K	$276K	10x	as long as short
Nado CRCL-PERP	+0.0290%	1h	91.483	+0.043%	$130K	$104K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0406%	1h	91.460	+0.017%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.090	+0.706%	$5K	$19K	30x	as long as short