Funding you earn now, next payment 23:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.008%
Price spread now: Pacifica against Coinbase International+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.087% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.105%, 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 | Coinbase International CRCL-PERP-INTX | 94.690 | 0.0032 | pay 0.0004% / 1h | 45m 13s | $942K | $724K | 10x |
| Short | Pacifica CRCL | 94.772 | 0.0100 | get 0.0013% / 1h | 45m 13s | $76K | $99K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- $14.28
- Price spread: +0.087% → 0.000%
- $8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $4.98
- Costs to cover
- 0.180%
- Break-even
- 4.6 days
Slippage unknown: Coinbase International: live order book, 33 min ago; Pacifica: 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 Coinbase International live order book, 33 min ago | 4.24 bp | 9.7 bp −$10 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CRCL_USDT | 0.0000% | 8h | 94.850 | +0.169% | $7.3M | $27.5M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.760 | +0.074% | $1.0M | $52K | 10x | as long as short |
| QFEX CRCL-USD | +0.0022% | 1h | 94.820 | +0.137% | $1.4M | $2.7M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTXlong | +0.0032% | 1h | 94.690 | long leg | $942K | $724K | 10x | |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.650 | −0.042% | — | $45K | 25x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 94.791 | +0.107% | $48K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.730 | +0.042% | $1.1M | $5.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0052% | 1h | 94.621 | −0.073% | $2K | $21K | 5x | as long as short |
| Polymarket Perps CRCL-USD | +0.0081% | 1h | 94.796 | +0.112% | $367K | $1.1M | 10x | as long as short |
| Lighter RH CRCL | +0.0088% | 1h | 94.884 | +0.205% | $894K | $2.9M | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRCLshort | +0.0100% | 1h | 94.772 | +0.087% | $76K | $99K | 10x | |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.750 | +0.063% | $3.0M | $1.8M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.510 | −0.190% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.810 | +0.127% | $945 | $3K | 10x | as long as short |
| Bybit CRCLUSDT | +0.0103% | 8h | 94.870 | +0.190% | $15.6M | $25.9M | 50x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.874 | +0.194% | $4 | — | 10x | as long as short |
| Variational Omni CRCL | +0.0122% | 8h | 94.663 | −0.028% | $2.5M | $3.1M | — | as long as short |
| Paradex CRCL-USD-PERP | +0.0135% | 8h | 94.874 | +0.195% | $778 | $740 | 5x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0152% | 8h | 94.531 | −0.168% | $63K | $1.1M | 10x | as long as short |
| Binance CRCLUSDT | +0.0176% | 8h | 94.880 | +0.201% | $109.2M | $389.5M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0176% | 1h | 94.853 | +0.172% | $1.1M | $3.8M | 10x | as long as short |
| Aster CRCLUSDT | +0.0187% | 8h | 94.800 | +0.116% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0203% | 8h | 94.860 | +0.180% | $22.9M | $60.8M | 50x | as long as short |
| tradeXYZ xyz:CRCL | +0.0288% | 1h | 94.805 | +0.121% | $71.2M | $42.8M | 10x | as long as short |
| Phoenix CRCL | +0.0288% | 1h | 94.557 | −0.140% | $28K | $92K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0296% | 8h | 94.830 | +0.148% | $1.1M | $595K | 20x | as long as short |
| Nado CRCL-PERP | +0.0313% | 1h | 94.741 | +0.054% | $127K | $73K | 3x | as long as short |
| Bitget CRCLUSDT | +0.0314% | 8h | 94.850 | +0.169% | $17.0M | $35.4M | 25x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 95.260 | +0.602% | $5K | $19K | 30x | as long as short |
| Lighter CRCL | +0.0456% | 1h | 94.917 | +0.240% | $3.1M | $2.2M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0525% | 4h | 94.516 | −0.184% | $24K | $268K | 10x | as long as short |
| Arcus CRCL-USD | +0.0533% | 1h | 94.830 | +0.148% | $97K | $275K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0534% | 1h | 94.842 | +0.160% | $433K | $312K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.1016% | 1h | 94.930 | +0.253% | $4K | $772K | 10x | as long as short |
Coinbase International CRCL-PERP-INTX
Pacifica CRCL
Gate CRCL_USDT
Phemex CRCLUSDT
SoDEX CRCL-USD
Aftermath Perps CRCLUSD
Polymarket Perps CRCL-USD
Lighter RH CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Bybit CRCLUSDT
Variational Omni CRCL
Paradex CRCL-USD-PERP
GRVT CRCL_USDT_Perp
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
tradeXYZ xyz:CRCL
Phoenix CRCL
BloFin CRCL-USDT
Bitget CRCLUSDT
Injective CRCL/USDC PERP
Lighter CRCL
edgeX CRCLUSDC
RISEx CRCL/USDC
Deribit CRCL_USDC-PERPETUAL