CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.013%

Price spread now: SoDEX against Aftermath Perps−0.432%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. SoDEX is 0.432% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.432% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 4 months 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	92.449	0.0039	pay 0.0005% / 1h	55m 24s	$2K	$29K	5x
Short	SoDEX CRCL-USD	92.050	0.0050	get 0.0006% / 1h	55m 24s	$46K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.432%Rate

Funding earned: $2.31
Price spread: −0.432% → 0.000%: −$43.2
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$57.9
Costs to cover: 0.170%
Break-even: 182.7 days

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

Aftermath Perps and SoDEX: 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
Ondo Perps CRCL-USD.P	−0.0072%	1h	92.030	−0.454%	$1.1M	$4.2M	10x	as long as short
Vest CRCL-USD-PERP	−0.0064%	1h	92.100	−0.378%	—	$31K	25x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.080	−0.400%	$17.9M	$35.1M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.530	+0.087%	$1.0M	$46K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0008%	1h	92.070	−0.410%	$875K	$684K	10x	as long as short
Gate CRCL_USDT	+0.0025%	8h	92.160	−0.313%	$7.3M	$25.4M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.167	−0.305%	$991K	$2.3M	10x	as long as short
Aftermath Perps CRCLUSDlong	+0.0039%	1h	92.449	long leg	$2K	$29K	5x
Polymarket Perps CRCL-USD	+0.0050%	1h	92.107	−0.370%	$378K	$954K	10x	as long as short
SoDEX CRCL-USDshort	+0.0050%	1h	92.050	−0.432%	$46K	$3K	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0080%	1h	92.080	−0.400%	$1.4M	$1.6M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0085%	1h	92.035	−0.448%	$67.4M	$42.9M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	92.137	−0.338%	$135K	$139K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.170	−0.302%	$2.6M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.560	+0.120%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.190	−0.281%	$919	$1K	10x	as long as short
Bybit CRCLUSDT	+0.0101%	8h	92.110	−0.367%	$15.0M	$25.9M	50x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.100	−0.378%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0159%	8h	92.110	−0.368%	$424	$766	5x	as long as short
Lighter CRCL	+0.0168%	1h	92.199	−0.271%	$3.0M	$2.0M	10x	as long as short
Variational Omni CRCL	+0.0249%	8h	92.487	+0.041%	$2.4M	$3.2M	—	as long as short
Phoenix CRCL	+0.0254%	1h	92.574	+0.135%	$27K	$66K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0293%	1h	92.080	−0.400%	$5K	$617K	10x	as long as short
Aster CRCLUSDT	+0.0305%	8h	92.258	−0.207%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0309%	8h	92.110	−0.367%	$22.6M	$59.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0312%	1h	92.073	−0.407%	$1.1M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0316%	8h	92.100	−0.378%	$106.1M	$377.0M	50x	as long as short
Nado CRCL-PERP	+0.0366%	1h	92.067	−0.414%	$148K	$111K	3x	as long as short
Arcus CRCL-USD	+0.0368%	1h	92.130	−0.346%	$96K	$268K	10x	as long as short
BloFin CRCL-USDT	+0.0439%	8h	92.450	+0.001%	$1.1M	$1.7M	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	93.200	+0.812%	$39K	$172K	30x	as long as short
RISEx CRCL/USDC	+0.0479%	1h	92.133	−0.343%	$412K	$255K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0581%	8h	92.547	+0.105%	$62K	$1.1M	10x	as long as short
edgeX CRCLUSDC	+0.0591%	4h	92.448	−0.001%	$53K	$268K	10x	as long as short