Funding you earn now, next payment 08:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h −0.021%
Price spread now: Orderly against Binance−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRCLUSDT | 90.865 | 0.0023 | pay 0.0023% / 8h | 2h 26m | $103.3M | $395.6M | 50x |
| Short | Orderly PERP_CRCL_USDC_mythos | 90.860 | 0.0100 | get 0.0100% / 8h | 2h 26m | $906 | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $16.15
- Price spread: −0.005% → 0.000%
- −$0.52
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$0.37
- Costs to cover
- 0.160%
- Break-even
- 7.2 days
Slippage unknown: Binance: live order book, 2 min ago; Orderly: 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 Binance live order book, 2 min ago | 0.55 bp | 6.4 bp −$6 | 12.1 bp −$121 | 37.7 bp −$3,767 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0951% | 8h | 90.950 | +0.094% | $16.6M | $36.4M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0073% | 1h | 90.590 | −0.302% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 90.870 | +0.006% | $14.5M | $26.8M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 90.930 | +0.072% | $7.5M | $27.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.161 | +0.326% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 90.870 | +0.006% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0011% | 8h | 90.881 | +0.018% | $1.0M | $5.1M | 20x | as long as short |
| Binance CRCLUSDTlong | +0.0023% | 8h | 90.865 | long leg | $103.3M | $395.6M | 50x | |
| Extended CRCL_24_5-USD | +0.0024% | 1h | 90.842 | −0.025% | $1.0M | $5.7M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0027% | 4h | 91.211 | +0.381% | $52K | $278K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRCL | +0.0032% | 1h | 90.817 | −0.053% | $969K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 90.950 | +0.094% | $92K | $291K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0040% | 1h | 91.016 | +0.167% | $2K | $26K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 90.830 | −0.038% | $67.9M | $43.5M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 90.864 | −0.001% | $381K | $1.3M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 90.802 | −0.069% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 90.770 | −0.104% | $999K | $5.1M | 10x | as long as short |
| QFEX CRCL-USD | +0.0054% | 1h | 90.880 | +0.017% | $1.3M | $1.8M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0072% | 1h | 90.670 | −0.214% | $883K | $586K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0089% | 8h | 90.838 | −0.030% | $418 | $905 | 5x | as long as short |
| BloFin CRCL-USDT | +0.0096% | 8h | 90.820 | −0.049% | $1.1M | $1.6M | 20x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 90.833 | −0.035% | $133K | $161K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 90.890 | +0.028% | $2.7M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.130 | +0.292% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythosshort | +0.0100% | 8h | 90.860 | −0.005% | $906 | $2K | 10x | |
| Aevo CRCL-PERP | +0.0104% | 1h | 90.870 | +0.005% | $4 | — | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0105% | 8h | 91.230 | +0.402% | $62K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0111% | 8h | 90.910 | +0.050% | $22.0M | $61.8M | 50x | as long as short |
| RISEx CRCL/USDC | +0.0117% | 1h | 90.861 | −0.004% | $414K | $294K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0190% | 1h | 90.880 | +0.017% | $4K | $768K | 10x | as long as short |
| Lighter CRCL | +0.0208% | 1h | 90.907 | +0.046% | $2.9M | $2.4M | 10x | as long as short |
| Phoenix CRCL | +0.0210% | 1h | 91.148 | +0.312% | $27K | $82K | 10x | as long as short |
| Nado CRCL-PERP | +0.0302% | 1h | 90.845 | −0.021% | $132K | $109K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 91.650 | +0.864% | $5K | $19K | 30x | as long as short |
Binance CRCLUSDT
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
edgeX CRCLUSDC
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Coinbase International CRCL-PERP-INTX
Paradex CRCL-USD-PERP
BloFin CRCL-USDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
RISEx CRCL/USDC
Deribit CRCL_USDC-PERPETUAL
Lighter CRCL
Phoenix CRCL
Injective CRCL/USDC PERP