CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.023%

Price spread now: Ondo Perps against Aftermath Perps−0.055%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 Ondo 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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.055% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 19 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CRCLUSD	91.391	0.0041	pay 0.0005% / 1h	52m 07s	$2K	$27K	5x
Short	Ondo Perps CRCL-USD.P	91.340	0.0050	get 0.0006% / 1h	52m 07s	$1.1M	$5.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.055%Rate

Funding earned: $2.05
Price spread: −0.055% → 0.000%: −$5.54
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$17.49
Costs to cover: 0.140%
Break-even: 66.8 days

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

Aftermath Perps and Ondo 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	−0.0737%	8h	91.490	+0.109%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0083%	1h	91.110	−0.307%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.380	−0.012%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.410	+0.021%	$7.8M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.489	+0.108%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.430	+0.043%	$1.0M	$48K	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.460	+0.076%	$93K	$289K	10x	as long as short
Aftermath Perps CRCLUSDlong	+0.0041%	1h	91.391	long leg	$2K	$27K	5x
SoDEX CRCL-USD	+0.0050%	1h	91.338	−0.058%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.Pshort	+0.0050%	1h	91.340	−0.055%	$1.1M	$5.2M	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.470	+0.087%	$891K	$605K	10x	as long as short
edgeX CRCLUSDC	+0.0056%	4h	91.472	+0.089%	$52K	$277K	10x	as long as short
Aster CRCLUSDT	+0.0065%	8h	91.400	+0.010%	$1.0M	$5.1M	20x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.400	+0.010%	$1.3M	$1.8M	10x	as long as short
Binance CRCLUSDT	+0.0079%	8h	91.372	−0.020%	$104.5M	$397.4M	50x	as long as short
Extended CRCL_24_5-USD	+0.0080%	1h	91.335	−0.060%	$1.0M	$5.7M	10x	as long as short
Lighter RH CRCL	+0.0096%	1h	91.388	−0.003%	$976K	$2.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.400	+0.010%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.380	−0.012%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.410	+0.021%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.350	−0.044%	$911	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.349	−0.045%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0168%	8h	91.401	+0.012%	$420	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0169%	8h	91.480	+0.098%	$65K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0176%	8h	91.400	+0.010%	$22.2M	$62.6M	50x	as long as short
tradeXYZ xyz:CRCL	+0.0190%	1h	91.292	−0.108%	$67.6M	$44.3M	10x	as long as short
BloFin CRCL-USDT	+0.0197%	8h	91.390	−0.001%	$1.1M	$1.6M	20x	as long as short
Polymarket Perps CRCL-USD	+0.0200%	1h	91.350	−0.044%	$383K	$1.3M	10x	as long as short
Phoenix CRCL	+0.0245%	1h	91.554	+0.179%	$27K	$82K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.395	+0.004%	$416K	$271K	10x	as long as short
Lighter CRCL	+0.0376%	1h	91.392	+0.002%	$2.9M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.930	+0.590%	$5K	$19K	30x	as long as short
Nado CRCL-PERP	+0.0459%	1h	91.285	−0.116%	$134K	$109K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0517%	1h	91.340	−0.055%	$5K	$769K	10x	as long as short