CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0259%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.039%

Price spread now: Nado against Aftermath Perps−0.043%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Nado

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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.043% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CRCLUSD	90.985	0.0039	pay 0.0005% / 1h	24m 49s	$2K	$26K	5x
Short	Nado CRCL-PERP	90.945	0.0299	get 0.0037% / 1h	24m 49s	$133K	$109K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aftermath Perps. 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 Aftermath PerpsbpFee NadobpOrdersPrice spread, now −0.043%Rate

Funding earned: $54.45
Price spread: −0.043% → 0.000%: −$4.31
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $34.14
Costs to cover: 0.160%
Break-even: 2.6 days

Slippage unknown: Aftermath Perps: no order-book sample; Nado: live order book, 23 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Nado live order book, 23 min ago	3.28 bp	8.8 bp −$9	28.2 bp −$282	doesn't fit	doesn't fit

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
Bitget CRCLUSDT	−0.0969%	8h	90.940	−0.049%	$16.7M	$36.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0074%	1h	90.640	−0.379%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	90.870	−0.126%	$14.5M	$26.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	90.890	−0.104%	$7.5M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	90.870	−0.126%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	90.940	−0.049%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0009%	8h	90.862	−0.135%	$1.0M	$5.1M	20x	as long as short
Binance CRCLUSDT	+0.0023%	8h	90.860	−0.137%	$103.3M	$395.9M	50x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	90.815	−0.187%	$1.0M	$5.7M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	90.934	−0.056%	$970K	$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
Aftermath Perps CRCLUSDlong	+0.0039%	1h	90.985	long leg	$2K	$26K	5x
Arcus CRCL-USD	+0.0040%	1h	90.920	−0.071%	$92K	$290K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	90.813	−0.189%	$67.9M	$43.5M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	90.944	−0.045%	$381K	$1.3M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	90.872	−0.124%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	90.840	−0.159%	$999K	$5.2M	10x	as long as short
QFEX CRCL-USD	+0.0054%	1h	90.960	−0.027%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	90.700	−0.313%	$883K	$598K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0090%	8h	90.972	−0.014%	$418	$905	5x	as long as short
BloFin CRCL-USDT	+0.0092%	8h	90.870	−0.126%	$1.1M	$1.6M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	90.970	−0.016%	$133K	$161K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	90.860	−0.137%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	90.750	−0.258%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	90.910	−0.082%	$906	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	90.918	−0.074%	$4	—	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0105%	8h	91.230	+0.269%	$62K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0111%	8h	90.930	−0.060%	$22.0M	$62.0M	50x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	90.950	−0.038%	$414K	$294K	10x	as long as short
edgeX CRCLUSDC	+0.0136%	4h	90.812	−0.190%	$52K	$277K	10x	as long as short
Lighter CRCL	+0.0208%	1h	90.941	−0.048%	$2.9M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0210%	1h	91.148	+0.179%	$27K	$82K	10x	as long as short
Nado CRCL-PERPshort	+0.0299%	1h	90.945	−0.043%	$133K	$109K	3x
Deribit CRCL_USDC-PERPETUAL	+0.0300%	1h	90.930	−0.060%	$4K	$768K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.650	+0.731%	$5K	$19K	30x	as long as short