CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against Bitget+0.022%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 7 days−0.049%−$5 · spread now +0.022%, 7d avg +0.004%

Together, before fees−0.147%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRCLUSDT	92.050	−0.0053	get 0.0053% / 8h	6h 42m	$16.4M	$35.0M	25x
Short	Gate CRCL_USDT	92.070	0	get 0.0000% / 8h	6h 42m	$7.2M	$26.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.022%Rate

Funding earned: $11.13
Price spread: +0.022% → +0.004%: $1.81
Slippage, 4 orders: −$24.39
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$38.45
Costs to cover: 0.514%
Break-even: 31.2 days

Slippage from Bitget: live order book, 2 min ago; Gate: 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 Bitget live order book, 2 min ago	1.08 bp	9.1 bp −$9	11.9 bp −$119	35.7 bp −$3,570	doesn't fit
Sell Gate live order book, 2 min ago	1.62 bp	18.0 bp −$18	34.4 bp −$344	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	−0.0053%	8h	92.050	long leg	$16.4M	$35.0M	25x
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.840	−0.228%	$919K	$581K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.000	−0.054%	$15.1M	$25.7M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.995	−0.060%	$420K	$300K	10x	as long as short
Gate CRCL_USDTshort	0.0000%	8h	92.070	+0.022%	$7.2M	$26.1M	50x
GRVT CRCL_USDT_Perp	0.0000%	8h	92.081	+0.033%	$63K	$1.1M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	91.960	−0.098%	$4K	$769K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.010	−0.043%	$1.0M	$49K	10x	as long as short
Variational Omni CRCL	+0.0014%	8h	91.991	−0.064%	$2.5M	$3.2M	—	as long as short
Vest CRCL-USD-PERP	+0.0016%	1h	91.830	−0.239%	—	$37K	25x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0027%	1h	92.296	+0.267%	$2K	$22K	5x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.991	−0.064%	$973K	$2.9M	10x	as long as short
edgeX CRCLUSDC	+0.0036%	4h	92.112	+0.067%	$23K	$268K	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	92.180	+0.141%	$94K	$272K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.955	−0.103%	$69.5M	$41.8M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.967	−0.090%	$356K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.000	−0.054%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.270	+0.239%	$998K	$5.5M	10x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.980	−0.076%	$1.3M	$2.4M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0086%	8h	91.990	−0.065%	$21.8M	$59.8M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0087%	8h	91.989	−0.066%	$754	$740	5x	as long as short
Extended CRCL_24_5-USD	+0.0088%	1h	91.947	−0.111%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0090%	8h	91.970	−0.087%	$105.3M	$391.2M	50x	as long as short
Aster CRCLUSDT	+0.0094%	8h	92.014	−0.039%	$1.1M	$4.9M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	92.018	−0.035%	$129K	$154K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.040	−0.011%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.900	−0.163%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.970	−0.087%	$917	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.974	−0.082%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0219%	1h	91.992	−0.063%	$152K	$89K	3x	as long as short
BloFin CRCL-USDT	+0.0222%	8h	92.330	+0.304%	$1.1M	$1.1M	20x	as long as short
Lighter CRCL	+0.0224%	1h	92.029	−0.023%	$3.0M	$2.3M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	91.994	−0.061%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	93.910	+2.021%	$5K	$19K	30x	as long as short