Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Variational Omni+0.121%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.121%, 7d avg −0.009%
=Together, before fees+0.023%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.130% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRCL | 91.439 | 0 | get 0.0000% / 8h | 4h 35m | $2.4M | $3.2M | — |
| Short | BloFin CRCL-USDT | 91.550 | 0.0120 | get 0.0120% / 8h | 4h 35m | $1.1M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. 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
- $25.2
- Price spread: +0.121% → −0.009%
- $13
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $26.2
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BloFin: live order book, 2 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 Variational Omni RFQ quote, 4 min ago | 3.46 bp | doesn't fit | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.55 bp | 9.8 bp −$10 | 12.4 bp −$124 | 31.4 bp −$3,143 | doesn't fit |
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 | −0.1012% | 8h | 91.580 | +0.154% | $16.2M | $35.0M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0067% | 1h | 91.270 | −0.185% | — | $31K | 25x | as long as short |
| Aster CRCLUSDT | 0.0000% | 8h | 91.556 | +0.128% | $1.1M | $5.0M | 20x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 91.507 | +0.075% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 91.530 | +0.100% | $104.4M | $388.8M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.500 | +0.067% | $14.9M | $26.4M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.545 | +0.116% | $416K | $299K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.570 | +0.143% | $7.2M | $27.1M | 50x | as long as short |
| Variational Omni CRCLlong | 0.0000% | 8h | 91.439 | long leg | $2.4M | $3.2M | — | |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.729 | +0.318% | $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 | 91.540 | +0.110% | $1.0M | $49K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0013% | 8h | 91.550 | +0.121% | $21.9M | $60.7M | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0016% | 1h | 91.500 | +0.067% | $903K | $489K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0028% | 1h | 91.599 | +0.175% | $2K | $24K | 5x | as long as short |
| QFEX CRCL-USD | +0.0028% | 1h | 91.530 | +0.100% | $1.3M | $2.0M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.497 | +0.063% | $970K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.590 | +0.165% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.485 | +0.050% | $68.2M | $41.6M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.478 | +0.043% | $357K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.498 | +0.065% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.410 | −0.032% | $992K | $5.1M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0086% | 8h | 91.433 | −0.007% | $421 | $905 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.500 | +0.067% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.520 | +0.089% | $2.7M | $2.0M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.640 | +0.220% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.540 | +0.110% | $913 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.483 | +0.048% | $4 | — | 10x | as long as short |
| BloFin CRCL-USDTshort | +0.0120% | 8h | 91.550 | +0.121% | $1.1M | $1.3M | 20x | |
| Phoenix CRCL | +0.0148% | 1h | 91.525 | +0.094% | $27K | $83K | 10x | as long as short |
| Lighter CRCL | +0.0160% | 1h | 91.491 | +0.057% | $2.9M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0285% | 1h | 91.413 | −0.029% | $130K | $104K | 3x | as long as short |
| edgeX CRCLUSDC | +0.0422% | 4h | 91.677 | +0.260% | $51K | $276K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.090 | +0.712% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0735% | 1h | 91.480 | +0.045% | $4K | $767K | 10x | as long as short |
Variational Omni CRCL
BloFin CRCL-USDT
Bitget CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
OKX CRCL-USDT-SWAP
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Phoenix CRCL
Lighter CRCL
edgeX CRCLUSDC
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL