Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.048%
Price spread now: ApeX Omni against Arcus−0.131%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.131% cheaper against Arcus than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 7.3 days of funding at the current rate (+$2 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus CRCL-USD91.9000.0040pay 0.0005% / 1h35m 42s$93K$273K10x
ShortApeX Omni CRCLUSDT91.7800.0100get 0.0013% / 1h35m 42s$67K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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

Funding earned
$12.54
Price spread: −0.131% → 0.000%
−$13.06
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$15.02
Costs to cover
0.145%
Break-even
15.4 days
Slippage unknown: Arcus: live order book, 33 min ago; ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 33 min ago3.19 bp11.0 bp −$1113.9 bp −$139doesn't fitdoesn't fit
Sell ApeX Omni no order-book sample
ApeX Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRCLUSDT−0.0361%8h92.140+0.261%$16.0M$35.3M25xas long as short
Coinbase International CRCL-PERP-INTX−0.0008%1h91.990+0.098%$916K$586K10xas long as short
Bybit CRCLUSDT0.0000%8h92.100+0.218%$15.1M$25.8M50xas long as short
RISEx CRCL/USDC0.0000%1h92.017+0.127%$420K$299K10xas long as short
Gate CRCL_USDT0.0000%8h92.140+0.261%$7.2M$26.4M50xas long as short
Variational Omni CRCL0.0000%8h92.051+0.164%$2.4M$3.2Mas long as short
GRVT CRCL_USDT_Perp0.0000%8h91.790−0.120%$61K$1.1M10xas long as short
Phemex CRCLUSDT0.0000%4h91.970+0.076%$1.0M$49K10xas long as short
Vest CRCL-USD-PERP+0.0002%1h91.830−0.076%$37K25xas long as short
Aftermath Perps CRCLUSD+0.0027%1h92.005+0.115%$2K$23K5xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH CRCL+0.0032%1h92.134+0.255%$980K$2.9M10xas long as short
Arcus CRCL-USDlong+0.0040%1h91.900long leg$93K$273K10x
tradeXYZ xyz:CRCL+0.0050%1h92.066+0.181%$69.4M$41.9M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h92.037+0.149%$356K$1.1M10xas long as short
SoDEX CRCL-USD+0.0050%1h91.990+0.098%$46K$3K10xas long as short
Ondo Perps CRCL-USD.P+0.0050%1h91.850−0.054%$1.0M$5.5M10xas long as short
QFEX CRCL-USD+0.0057%1h92.000+0.109%$1.3M$2.4M10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0076%1h92.130+0.250%$4K$769K10xas long as short
OKX CRCL-USDT-SWAP+0.0077%8h92.100+0.218%$21.7M$60.3M50xas long as short
Binance CRCLUSDT+0.0078%8h92.083+0.199%$105.1M$393.1M50xas long as short
Extended CRCL_24_5-USD+0.0080%1h92.054+0.167%$1.1M$5.7M10xas long as short
Aster CRCLUSDT+0.0081%8h92.066+0.180%$1.1M$4.9M20xas long as short
Paradex CRCL-USD-PERP+0.0084%8h92.039+0.151%$755$7405xas long as short
Pacifica CRCL+0.0100%1h92.094+0.212%$129K$154K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h92.080+0.196%$2.9M$1.9M20xas long as short
ApeX Omni CRCLUSDTshort+0.0100%1h91.780−0.131%$67K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h92.040+0.152%$918$3K10xas long as short
Aevo CRCL-PERP+0.0104%1h92.085+0.202%$410xas long as short
Nado CRCL-PERP+0.0178%1h92.063+0.177%$131K$103K3xas long as short
Lighter CRCL+0.0200%1h92.140+0.261%$3.0M$2.4M10xas long as short
BloFin CRCL-USDT+0.0222%8h92.330+0.468%$1.1M$1.1M20xas long as short
Phoenix CRCL+0.0231%1h91.730−0.185%$27K$92K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h92.270+0.403%$5K$19K30xas long as short
edgeX CRCLUSDC+0.0565%4h91.735−0.180%$23K$267K10xas long as short