Funding you earn now, next payment 02:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.039%
Price spread now: Extended against Vest+0.238%7-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
=Together, before fees—+ Points / potential airdropVest: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.238% dearer against Vest than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CRCL-USD-PERP | 91.630 | 0.0007 | pay 0.0001% / 1h | 37m 45s | — | $37K | 25x |
| Short | Extended CRCL_24_5-USD | 91.848 | 0.0080 | get 0.0010% / 1h | 37m 45s | $1.1M | $5.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $15.32
- Price spread: +0.238% → 0.000%
- $23.79
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $32.11
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago | 0.65 bp | 5.6 bp −$6 | 37.6 bp −$376 | 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 | −0.0270% | 8h | 91.990 | +0.393% | $16.0M | $35.4M | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0008% | 1h | 91.650 | +0.022% | $912K | $584K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.980 | +0.382% | $15.1M | $25.8M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.876 | +0.268% | $420K | $301K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.910 | +0.306% | $7.2M | $26.3M | 50x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.910 | +0.306% | $68K | $1.1M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | 0.0000% | 1h | 91.780 | +0.164% | $4K | $769K | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.810 | +0.196% | $1.0M | $49K | 10x | as long as short |
| Variational Omni CRCL | +0.0004% | 8h | 91.891 | +0.285% | $2.5M | $3.2M | — | as long as short |
| Vest CRCL-USD-PERPlong | +0.0007% | 1h | 91.630 | long leg | — | $37K | 25x |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CRCLUSD | +0.0027% | 1h | 92.020 | +0.425% | $2K | $22K | 5x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.984 | +0.386% | $978K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.880 | +0.273% | $93K | $272K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.878 | +0.271% | $69.2M | $41.8M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.845 | +0.235% | $355K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.760 | +0.142% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.760 | +0.142% | $1.0M | $5.5M | 10x | as long as short |
| QFEX CRCL-USD | +0.0057% | 1h | 91.840 | +0.229% | $1.3M | $2.4M | 10x | as long as short |
| Binance CRCLUSDT | +0.0078% | 8h | 91.928 | +0.325% | $104.9M | $393.5M | 50x | as long as short |
| Extended CRCL_24_5-USDshort | +0.0080% | 1h | 91.848 | +0.238% | $1.1M | $5.7M | 10x | |
| Aster CRCLUSDT | +0.0082% | 8h | 91.888 | +0.282% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0083% | 8h | 91.970 | +0.371% | $21.7M | $60.2M | 50x | as long as short |
| Paradex CRCL-USD-PERP | +0.0084% | 8h | 91.949 | +0.348% | $754 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.960 | +0.360% | $129K | $154K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.980 | +0.382% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.210 | +0.633% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.820 | +0.207% | $915 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.792 | +0.177% | $4 | — | 10x | as long as short |
| Nado CRCL-PERP | +0.0186% | 1h | 91.851 | +0.241% | $131K | $103K | 3x | as long as short |
| Lighter CRCL | +0.0192% | 1h | 91.970 | +0.371% | $3.0M | $2.4M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0222% | 8h | 92.330 | +0.764% | $1.1M | $1.1M | 20x | as long as short |
| Phoenix CRCL | +0.0231% | 1h | 91.923 | +0.320% | $27K | $92K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.270 | +0.698% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0628% | 4h | 92.314 | +0.747% | $23K | $267K | 10x | as long as short |
Extended CRCL_24_5-USD
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
GRVT CRCL_USDT_Perp
Deribit CRCL_USDC-PERPETUAL
Phemex CRCLUSDT
Variational Omni CRCL
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Binance CRCLUSDT
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Lighter CRCL
BloFin CRCL-USDT
Phoenix CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC