CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0114%/8h= +12.5% APRnext payment +$1.14 per $10,000 · paid last 24h +0.039%

Price spread now: BloFin against Aster−0.045%72s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$510.510% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.045%, 7d avg −0.016%

Together, before fees+0.277%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.029% cheaper against Aster than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.016%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	91.661	0.0024	pay 0.0024% / 8h	2h 48m	$1.0M	$5.1M	20x
Short	BloFin CRCL-USDT	91.620	0.0138	get 0.0138% / 8h	2h 48m	$1.1M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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 AsterbpFee BloFinbpOrdersPrice spread, now −0.045%Rate

Funding earned: $24
Price spread: −0.045% → −0.016%: −$2.9
Slippage, 4 orders: −$31
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$29.91
Costs to cover: 0.510%
Break-even: 15.7 days

Slippage from Aster: live order book, 6 min ago; BloFin: live order book, 5 min ago.

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 Aster live order book, 6 min ago	9.27 bp	17.3 bp −$17	874.6 bp −$8,746	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	1.64 bp	10.2 bp −$10	15.0 bp −$150	31.5 bp −$3,152	87.9 bp −$44.0K

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	−0.0750%	8h	91.730	+0.075%	$16.7M	$36.1M	25x	as long as short
Vest CRCL-USD-PERP	−0.0068%	1h	91.370	−0.318%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.590	−0.078%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.660	−0.002%	$7.4M	$27.0M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.669	+0.008%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.660	−0.002%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDTlong	+0.0024%	8h	91.661	long leg	$1.0M	$5.1M	20x
Lighter RH CRCL	+0.0032%	1h	91.664	+0.003%	$975K	$2.9M	10x	as long as short
Extended CRCL_24_5-USD	+0.0032%	1h	91.634	−0.030%	$1.1M	$5.6M	10x	as long as short
Binance CRCLUSDT	+0.0034%	8h	91.580	−0.089%	$104.4M	$393.5M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus CRCL-USD	+0.0040%	1h	91.600	−0.067%	$93K	$291K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0043%	1h	91.624	−0.041%	$2K	$26K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.640	−0.023%	$384K	$1.2M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.632	−0.032%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.580	−0.089%	$1.0M	$5.1M	10x	as long as short
edgeX CRCLUSDC	+0.0053%	4h	91.553	−0.118%	$51K	$276K	10x	as long as short
QFEX CRCL-USD	+0.0054%	1h	91.640	−0.023%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	91.400	−0.285%	$911K	$521K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0079%	1h	91.565	−0.105%	$68.2M	$42.9M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0095%	8h	91.604	−0.063%	$421	$905	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.677	+0.017%	$134K	$162K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.640	−0.023%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.600	−0.067%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.660	−0.002%	$914	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.650	−0.013%	$4	—	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0110%	8h	91.680	+0.020%	$62K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0116%	8h	91.600	−0.067%	$22.2M	$61.9M	50x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	91.663	+0.002%	$417K	$299K	10x	as long as short
BloFin CRCL-USDTshort	+0.0138%	8h	91.620	−0.045%	$1.1M	$1.6M	20x
Phoenix CRCL	+0.0210%	1h	91.658	−0.004%	$27K	$82K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0296%	1h	91.640	−0.023%	$4K	$768K	10x	as long as short
Lighter CRCL	+0.0328%	1h	91.666	+0.005%	$2.9M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0353%	1h	91.585	−0.083%	$133K	$108K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.050	+0.424%	$5K	$19K	30x	as long as short