Funding you earn now, next payment 03:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.004%
Price spread now: Coinbase International against Vest+0.131%46s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.131% dearer against Vest than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Vest CRCL-USD-PERP | 91.870 | −0.0069 | get 0.0009% / 1h | 7m 39s | — | $31K | 25x |
| Short | Coinbase International CRCL-PERP-INTX | 91.990 | 0.0016 | get 0.0002% / 1h | 7m 39s | $908K | $491K | 10x |
Vest CRCL-USD-PERP
Coinbase International CRCL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. 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
- $17.79
- Price spread: +0.131% → 0.000%
- $13.06
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $18.85
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 51 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 51 min ago | 5.44 bp | 10.4 bp −$10 | 16.9 bp −$169 | doesn't fit | doesn't fit |
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 | −0.0874% | 8h | 92.160 | +0.316% | $16.6M | $35.2M | 25x | as long as short |
| Vest CRCL-USD-PERPlong | −0.0069% | 1h | 91.870 | long leg | — | $31K | 25x | |
| Aster CRCLUSDT | 0.0000% | 8h | 92.045 | +0.191% | $1.1M | $5.0M | 20x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 92.084 | +0.233% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 92.117 | +0.268% | $104.9M | $390.1M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.110 | +0.261% | $14.9M | $26.4M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 92.085 | +0.234% | $418K | $299K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.160 | +0.316% | $7.3M | $27.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 92.128 | +0.281% | $2.5M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.130 | +0.283% | $1.0M | $49K | 10x | as long as short |
Bitget CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRCL_USDT_Perp | +0.0008% | 8h | 92.126 | +0.278% | $64K | $1.1M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTXshort | +0.0016% | 1h | 91.990 | +0.131% | $908K | $491K | 10x | |
| QFEX CRCL-USD | +0.0028% | 1h | 92.130 | +0.283% | $1.3M | $2.0M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.132 | +0.285% | $976K | $2.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 92.070 | +0.218% | $2K | $25K | 5x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0039% | 8h | 92.100 | +0.250% | $22.3M | $61.5M | 50x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 92.060 | +0.207% | $94K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.077 | +0.225% | $68.6M | $41.7M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.077 | +0.225% | $359K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.101 | +0.251% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.030 | +0.174% | $1.0M | $5.2M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.080 | +0.229% | $135K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.080 | +0.229% | $2.7M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.030 | +0.174% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.090 | +0.239% | $918 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.101 | +0.251% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0117% | 8h | 92.102 | +0.252% | $424 | $905 | 5x | as long as short |
| BloFin CRCL-USDT | +0.0120% | 8h | 92.190 | +0.348% | $1.1M | $1.3M | 20x | as long as short |
| Phoenix CRCL | +0.0148% | 1h | 92.044 | +0.189% | $27K | $83K | 10x | as long as short |
| Lighter CRCL | +0.0224% | 1h | 92.130 | +0.283% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0316% | 1h | 92.026 | +0.170% | $131K | $105K | 3x | as long as short |
| edgeX CRCLUSDC | +0.0342% | 4h | 92.128 | +0.281% | $51K | $275K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.560 | +0.751% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0728% | 1h | 92.100 | +0.250% | $4K | $767K | 10x | as long as short |
GRVT CRCL_USDT_Perp
QFEX CRCL-USD
Lighter RH CRCL
Aftermath Perps CRCLUSD
OKX CRCL-USDT-SWAP
Arcus CRCL-USD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Nado CRCL-PERP
edgeX CRCLUSDC
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL