CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%

Price spread now: tradeXYZ against Vest+0.120%7-day average — · you sell dearer than you buy

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

Long on Vest Short on tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.120% dearer against Vest than usual: you sell high and buy low: +$12 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	91.900	−0.0074	get 0.0009% / 1h	59m 19s	—	$31K	25x
Short	tradeXYZ xyz:CRCL	92.010	0.0050	get 0.0006% / 1h	59m 19s	$68.6M	$41.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Vest. 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 VestbpFee tradeXYZbpOrdersPrice spread, now +0.120%Rate

Funding earned: $26.02
Price spread: +0.120% → 0.000%: $11.97
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $17.99
Costs to cover: 0.200%
Break-even: 2.2 days

Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago	1.19 bp	10.7 bp −$11	doesn't fit	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	−0.0990%	8h	92.140	+0.261%	$16.2M	$34.6M	25x	as long as short
Vest CRCL-USD-PERPlong	−0.0074%	1h	91.900	long leg	—	$31K	25x
Aster CRCLUSDT	0.0000%	8h	92.083	+0.199%	$1.1M	$4.9M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	92.080	+0.196%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	92.101	+0.218%	$105.0M	$386.1M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.130	+0.250%	$15.2M	$25.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	92.100	+0.217%	$420K	$298K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.100	+0.218%	$7.2M	$26.7M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	92.126	+0.246%	$2.5M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.150	+0.272%	$68K	$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	92.180	+0.305%	$1.0M	$49K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0004%	8h	92.150	+0.272%	$21.6M	$59.9M	50x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.980	+0.087%	$907K	$501K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0023%	1h	92.032	+0.143%	$2K	$24K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	92.090	+0.207%	$1.3M	$2.0M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.119	+0.238%	$977K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	92.060	+0.174%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCLshort	+0.0050%	1h	92.010	+0.120%	$68.6M	$41.4M	10x
Polymarket Perps CRCL-USD	+0.0050%	1h	92.048	+0.161%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.120	+0.239%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.020	+0.131%	$1.0M	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0080%	8h	92.098	+0.216%	$755	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	92.096	+0.214%	$135K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.100	+0.218%	$2.7M	$2.0M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.110	+0.229%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.080	+0.196%	$918	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.119	+0.238%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	92.180	+0.305%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0183%	1h	92.175	+0.299%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0200%	1h	92.117	+0.236%	$3.0M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0293%	1h	92.120	+0.239%	$4K	$767K	10x	as long as short
Nado CRCL-PERP	+0.0325%	1h	92.046	+0.159%	$131K	$104K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.520	+0.675%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0757%	4h	92.110	+0.228%	$51K	$277K	10x	as long as short