CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0999%/8h= +109.4% APRnext payment +$9.99 per $10,000 · paid last 24h −0.008%

Price spread now: Aster against Bitget−0.010%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 7 days−0.055%−$6 · spread now −0.010%, 7d avg −0.028%

Together, before fees−0.152%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRCLUSDT	91.880	−0.0999	get 0.0999% / 8h	4h 19m	$16.4M	$35.1M	25x
Short	Aster CRCLUSDT	91.871	0	get 0.0000% / 8h	4h 19m	$1.1M	$5.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.010%Rate

Funding earned: $209.79
Price spread: −0.010% → −0.028%: $1.83
Slippage, 4 orders: −$13.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $177.91
Costs to cover: 0.337%
Break-even: 1.1 days

Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 4 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 Bitget live order book, 4 min ago	1.09 bp	9.6 bp −$10	15.7 bp −$157	40.6 bp −$4,056	doesn't fit
Sell Aster live order book, 4 min ago	2.17 bp	7.2 bp −$7	22.5 bp −$225	doesn't fit	doesn't fit

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 CRCLUSDTlong	−0.0999%	8h	91.880	long leg	$16.4M	$35.1M	25x
Vest CRCL-USD-PERP	−0.0068%	1h	91.590	−0.316%	—	$31K	25x	as long as short
Aster CRCLUSDTshort	0.0000%	8h	91.871	−0.010%	$1.1M	$5.0M	20x
Extended CRCL_24_5-USD	0.0000%	1h	91.796	−0.092%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.830	−0.054%	$104.6M	$389.5M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.860	−0.022%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.844	−0.040%	$417K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.880	0.000%	$7.2M	$27.2M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.828	−0.057%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.950	+0.076%	$65K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	91.860	−0.022%	$1.0M	$49K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.790	−0.098%	$906K	$490K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0024%	8h	91.850	−0.033%	$22.1M	$61.1M	50x	as long as short
QFEX CRCL-USD	+0.0028%	1h	91.820	−0.065%	$1.3M	$2.0M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.838	−0.046%	$973K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0034%	1h	91.806	−0.081%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.800	−0.087%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.774	−0.115%	$68.4M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.818	−0.067%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.860	−0.022%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.820	−0.065%	$1.0M	$5.1M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.820	−0.065%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.820	−0.065%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.750	−0.141%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.840	−0.044%	$916	$2K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0100%	8h	91.830	−0.054%	$422	$905	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.850	−0.033%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.860	−0.022%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.832	−0.052%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0184%	1h	91.846	−0.037%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0302%	1h	91.774	−0.115%	$130K	$104K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.400	+0.566%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0735%	4h	91.815	−0.070%	$51K	$276K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1057%	1h	91.900	+0.022%	$4K	$767K	10x	as long as short