CRCL

Alert

Funding spread now, next payment 16:00 UTC−0.0089%/8h

paid, last 24h+0.032%paid, last 3 days+0.134%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRCL	94.586	0.0139	pay 0.0139% / 8h	26m 09s	$2.4M	$2.7M	—
Short	SoDEX CRCL-USD	94.426	0.0050	get 0.0006% / 1h	26m 09s	$47K	$3K	10x

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 Variational OmnibpFee SoDEXbpOrdersRate

Funding earned: −$18.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$26.6
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; SoDEX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.169%
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 Variational Omni RFQ quote, 4 min ago	4.54 bp	doesn't fit	12.1 bp −$121	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Gate CRCL_USDT	0.0000%	8h	$7.1M	$24.8M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	$1.0M	$47K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	$801K	$2.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	—	$42K	25x	as long as short
QFEX CRCL-USD	+0.0046%	1h	$1.4M	$2.6M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	$71.3M	$39.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USDshort	+0.0050%	1h	$47K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	$1.1M	$5.7M	10x	as long as short
Arcus CRCL-USD	+0.0063%	1h	$106K	$249K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex CRCL-USD-PERP	+0.0083%	8h	$717	$428	5x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	$926K	$754K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	$89K	$90K	10x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	$70K	$8K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	$941	$3K	10x	as long as short
RISEx CRCL/USDC	+0.0101%	1h	$404K	$342K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	$4	—	10x	as long as short
Variational Omni CRCLlong	+0.0139%	8h	$2.4M	$2.7M	—
Bybit CRCLUSDT	+0.0139%	8h	$15.8M	$22.2M	50x	as long as short
Lighter CRCL	+0.0144%	1h	$2.9M	$2.0M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0174%	1h	$4K	$801K	10x	as long as short
Aster CRCLUSDT	+0.0186%	8h	$1.1M	$4.4M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0197%	8h	$22.5M	$53.6M	50x	as long as short
Binance CRCLUSDT	+0.0197%	8h	$107.0M	$337.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0200%	1h	$1.0M	$3.1M	10x	as long as short
KuCoin CRCLUSDTM	+0.0213%	8h	$2.9M	$1.3M	20x	as long as short
Bitget CRCLUSDT	+0.0262%	8h	$16.4M	$32.1M	25x	as long as short
Nado CRCL-PERP	+0.0273%	1h	$131K	$79K	3x	as long as short
Aftermath Perps CRCLUSD	+0.0288%	1h	$1K	$12K	5x	as long as short
Phoenix CRCL	+0.0294%	1h	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0319%	8h	$1.1M	$543K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	$5K	$76K	30x	as long as short
edgeX CRCLUSDC	+0.0762%	4h	$21K	$263K	10x	as long as short