CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.06 per $10,000 · paid last 24h +0.009%

Price spread now: Aftermath Perps against Aevo−0.311%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Aftermath Perps

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—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.311% cheaper against Aevo than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CRCL-PERP	94.923	0.0104	pay 0.0013% / 1h	43m 40s	$4	—	10x
Short	Aftermath Perps CRCLUSD	94.627	0.0052	get 0.0007% / 1h	43m 40s	$2K	$21K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aevo. 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 AevobpFee Aftermath PerpsbpOrdersPrice spread, now −0.311%Rate

Funding earned: −$10.9
Price spread: −0.311% → 0.000%: −$31.13
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$67.03
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aftermath Perps: no order-book sample. 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 Aevo no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aevo and Aftermath Perps: 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
Gate CRCL_USDT	0.0000%	8h	94.900	−0.024%	$7.3M	$27.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.780	−0.151%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.840	−0.087%	$1.4M	$2.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.690	−0.245%	$942K	$724K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.750	−0.182%	—	$45K	25x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.864	−0.062%	$48K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.730	−0.203%	$1.1M	$5.9M	10x	as long as short
Aftermath Perps CRCLUSDshort	+0.0052%	1h	94.627	−0.311%	$2K	$21K	5x
Polymarket Perps CRCL-USD	+0.0070%	1h	94.851	−0.076%	$367K	$1.1M	10x	as long as short
Lighter RH CRCL	+0.0088%	1h	94.926	+0.003%	$895K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCL	+0.0100%	1h	94.900	−0.024%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.770	−0.161%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.510	−0.435%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.830	−0.098%	$945	$3K	10x	as long as short
Bybit CRCLUSDT	+0.0104%	8h	94.870	−0.056%	$15.6M	$25.9M	50x	as long as short
Aevo CRCL-PERPlong	+0.0104%	1h	94.923	long leg	$4	—	10x
Variational Omni CRCL	+0.0122%	8h	94.663	−0.274%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERP	+0.0136%	8h	94.871	−0.055%	$778	$740	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0152%	8h	94.531	−0.413%	$63K	$1.1M	10x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	94.843	−0.084%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0186%	8h	94.900	−0.024%	$109.7M	$389.6M	50x	as long as short
Aster CRCLUSDT	+0.0199%	8h	94.800	−0.129%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0206%	8h	94.870	−0.056%	$23.0M	$60.8M	50x	as long as short
tradeXYZ xyz:CRCL	+0.0284%	1h	94.871	−0.055%	$71.3M	$42.8M	10x	as long as short
Phoenix CRCL	+0.0288%	1h	94.557	−0.385%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0296%	8h	94.830	−0.098%	$1.1M	$595K	20x	as long as short
Nado CRCL-PERP	+0.0307%	1h	94.782	−0.149%	$127K	$73K	3x	as long as short
Bitget CRCLUSDT	+0.0317%	8h	94.850	−0.077%	$17.0M	$35.4M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	95.260	+0.355%	$5K	$19K	30x	as long as short
Lighter CRCL	+0.0456%	1h	94.937	+0.015%	$3.1M	$2.2M	10x	as long as short
edgeX CRCLUSDC	+0.0525%	4h	94.516	−0.429%	$24K	$268K	10x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.840	−0.087%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.873	−0.053%	$433K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0910%	1h	94.920	−0.003%	$4K	$772K	10x	as long as short