CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0169%/8h= −18.5% APRnext payment −$1.69 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against Aster−0.326%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1131.130% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days+0.317%+$32 · spread now −0.326%, 7d avg +0.004%

Together, before fees+0.341%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.330% cheaper against Aster than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRCLUSDT	95.802	0.0269	pay 0.0269% / 8h	4h 57m	$1.2M	$4.7M	20x
Short	KuCoin CRCLUSDTM	95.490	0.0100	get 0.0100% / 8h	4h 57m	$2.6M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.326%Rate

Funding earned: −$35.48
Price spread: −0.326% → +0.004%: −$32.99
Slippage, 4 orders: −$92.98
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$181.44
Costs to cover: 1.130%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago	1.59 bp	8.8 bp −$9	232.4 bp −$2,324	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	3.72 bp	34.8 bp −$35	doesn't fit	doesn't fit	doesn't fit

CRCL on 34 exchanges

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
Coinbase International CRCL-PERP-INTX	−0.0024%	1h	94.740	−1.109%	$864K	$798K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	96.060	+0.269%	$15.8M	$27.8M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	95.944	+0.148%	$426K	$228K	10x	as long as short
Bitget CRCLUSDT	0.0000%	8h	96.140	+0.353%	$19.0M	$37.4M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.970	−0.869%	$1.0M	$47K	10x	as long as short
QFEX CRCL-USD	+0.0014%	1h	95.770	−0.034%	$1.4M	$1.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0030%	1h	95.640	−0.169%	—	$30K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0031%	1h	93.875	−2.012%	$2K	$29K	5x	as long as short
Gate CRCL_USDT	+0.0033%	8h	95.860	+0.060%	$7.8M	$25.5M	50x	as long as short
Injective CRCL/USDC PERP	+0.0033%	1h	92.090	−3.875%	$38K	$172K	30x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	95.830	+0.029%	$946K	$4.3M	10x	as long as short
Lighter RH CRCL	+0.0056%	1h	95.769	−0.035%	$1.0M	$2.6M	10x	as long as short
Arcus CRCL-USD	+0.0057%	1h	95.970	+0.175%	$98K	$223K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0093%	8h	95.657	−0.152%	$440	$477	5x	as long as short
Pacifica CRCL	+0.0100%	1h	95.667	−0.142%	$142K	$149K	10x	as long as short
KuCoin CRCLUSDTMshort	+0.0100%	8h	95.490	−0.326%	$2.6M	$1.7M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	94.440	−1.422%	$88K	$21K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.540	−1.318%	$745	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.701	−1.150%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0176%	8h	94.730	−1.119%	$2.6M	$3.2M	—	as long as short
Phoenix CRCL	+0.0197%	1h	94.573	−1.283%	$28K	$66K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0203%	1h	95.520	−0.295%	$69.5M	$43.9M	10x	as long as short
Nado CRCL-PERP	+0.0209%	1h	95.874	+0.074%	$156K	$90K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0225%	8h	96.130	+0.342%	$23.6M	$65.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0248%	1h	95.800	−0.003%	$1.1M	$4.0M	10x	as long as short
Binance CRCLUSDT	+0.0253%	8h	95.960	+0.165%	$111.1M	$379.3M	50x	as long as short
Aster CRCLUSDTlong	+0.0269%	8h	95.802	long leg	$1.2M	$4.7M	20x
GRVT CRCL_USDT_Perp	+0.0289%	8h	94.746	−1.103%	$65K	$998K	10x	as long as short
BloFin CRCL-USDT	+0.0372%	8h	94.470	−1.391%	$1.1M	$1.7M	20x	as long as short
edgeX CRCLUSDC	+0.0388%	4h	94.237	−1.634%	$54K	$277K	10x	as long as short
Lighter CRCL	+0.0520%	1h	95.702	−0.105%	$3.3M	$2.4M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0651%	1h	96.057	+0.266%	$309K	$1.0M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0805%	1h	94.880	−0.963%	$5K	$415K	10x	as long as short
SoDEX CRCL-USD	+0.3613%	1h	94.662	−1.190%	$47K	$3K	10x	as long as short