CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0429%/8h= +47.0% APRnext payment +$0.54 per $10,000 · paid last 24h +0.035%

Price spread now: Arcus against Aevo−0.014%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 Arcus

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CRCL-PERP	94.733	0.0104	pay 0.0013% / 1h	39m 30s	$4	—	10x
Short	Arcus CRCL-USD	94.720	0.0533	get 0.0067% / 1h	39m 30s	$97K	$275K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.014%Rate

Funding earned: $90.06
Price spread: −0.014% → 0.000%: −$1.42
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $68.15
Costs to cover: 0.205%
Break-even: 1.7 days

Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 39 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 Aevo no order-book sample	—	—	—	—	—
Sell Arcus live order book, 39 min ago	3.18 bp	10.1 bp −$10	10.7 bp −$107	doesn't fit	doesn't fit

Aevo: 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	94.720	−0.014%	$7.2M	$27.6M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.770	+0.039%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.680	−0.056%	$1.4M	$2.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.510	−0.236%	$940K	$723K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.660	−0.078%	—	$45K	25x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.708	−0.027%	$48K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.720	−0.014%	$1.1M	$5.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0052%	1h	94.710	−0.024%	$2K	$21K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0052%	1h	94.686	−0.050%	$367K	$1.1M	10x	as long as short
Lighter RH CRCL	+0.0072%	1h	94.741	+0.008%	$894K	$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	94.690	−0.046%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.720	−0.014%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.610	−0.130%	$70K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.710	−0.025%	$944	$3K	10x	as long as short
Aevo CRCL-PERPlong	+0.0104%	1h	94.733	long leg	$4	—	10x
Bybit CRCLUSDT	+0.0104%	8h	94.720	−0.014%	$15.6M	$25.9M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0134%	8h	94.726	−0.008%	$777	$740	5x	as long as short
Variational Omni CRCL	+0.0139%	8h	94.783	+0.052%	$2.6M	$3.1M	—	as long as short
GRVT CRCL_USDT_Perp	+0.0184%	8h	94.784	+0.053%	$61K	$1.1M	10x	as long as short
Extended CRCL_24_5-USD	+0.0200%	1h	94.683	−0.053%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0202%	8h	94.710	−0.025%	$109.5M	$389.8M	50x	as long as short
OKX CRCL-USDT-SWAP	+0.0205%	8h	94.730	−0.004%	$22.9M	$60.7M	50x	as long as short
Aster CRCLUSDT	+0.0210%	8h	94.766	+0.034%	$1.1M	$4.9M	20x	as long as short
tradeXYZ xyz:CRCL	+0.0245%	1h	94.680	−0.056%	$71.1M	$42.9M	10x	as long as short
Phoenix CRCL	+0.0288%	1h	94.749	+0.016%	$28K	$92K	10x	as long as short
Nado CRCL-PERP	+0.0307%	1h	94.662	−0.076%	$127K	$73K	3x	as long as short
BloFin CRCL-USDT	+0.0313%	8h	94.810	+0.081%	$1.1M	$595K	20x	as long as short
Bitget CRCLUSDT	+0.0315%	8h	94.720	−0.014%	$16.9M	$35.4M	25x	as long as short
Lighter CRCL	+0.0440%	1h	94.748	+0.015%	$3.1M	$2.2M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	95.560	+0.873%	$5K	$19K	30x	as long as short
Arcus CRCL-USDshort	+0.0533%	1h	94.720	−0.014%	$97K	$275K	10x
RISEx CRCL/USDC	+0.0534%	1h	94.740	+0.007%	$432K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0912%	1h	94.770	+0.039%	$4K	$772K	10x	as long as short
edgeX CRCLUSDC	+0.0967%	4h	94.751	+0.019%	$24K	$267K	10x	as long as short