Funding you earn now, next payment 01:00 UTC−0.0761%/8h= −83.4% APRpaid last 24h −0.130%
Price spread now: Pacifica against edgeX−0.209%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.732%−$73 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Pacifica is 0.209% cheaper against edgeX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRCLUSDC | 94.390 | 0.0861 | pay 0.0431% / 4h | 3h 50m | $24K | $268K | 10x |
| Short | Pacifica CRCL | 94.193 | 0.0100 | get 0.0013% / 1h | 50m 15s | $75K | $99K | 10x |
edgeX CRCLUSDC
Pacifica CRCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against edgeX. 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
- −$159.88
- Price spread: −0.209% → 0.000%
- −$20.86
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$197.73
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 22 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 edgeX live order book, 22 min ago | 5.82 bp | 11.2 bp −$11 | 23.3 bp −$233 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCL | −0.0067% | 1h | 94.110 | −0.297% | $71.6M | $42.3M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0064% | 1h | 94.200 | −0.201% | $942K | $725K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 94.160 | −0.244% | $15.5M | $25.9M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 94.260 | −0.138% | $7.2M | $26.9M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 94.250 | −0.148% | $1.0M | $52K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 94.229 | −0.170% | $890K | $2.8M | 10x | as long as short |
| QFEX CRCL-USD | +0.0042% | 1h | 94.200 | −0.201% | $1.4M | $2.7M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 94.100 | −0.307% | — | $45K | 25x | as long as short |
| Aftermath Perps CRCLUSD | +0.0048% | 1h | 94.315 | −0.079% | $2K | $21K | 5x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 94.159 | −0.245% | $365K | $1.1M | 10x | as long as short |
tradeXYZ xyz:CRCL
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
Phemex CRCLUSDT
Lighter RH CRCL
QFEX CRCL-USD
Vest CRCL-USD-PERP
Aftermath Perps CRCLUSD
Polymarket Perps CRCL-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CRCL-USD | +0.0050% | 1h | 94.147 | −0.257% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 94.290 | −0.106% | $1.1M | $5.8M | 10x | as long as short |
| Pacifica CRCLshort | +0.0100% | 1h | 94.193 | −0.209% | $75K | $99K | 10x | |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 94.270 | −0.127% | $3.0M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 94.270 | −0.127% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 94.200 | −0.201% | $939 | $3K | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0104% | 8h | 94.348 | −0.044% | $70K | $1.1M | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 94.557 | +0.177% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0112% | 8h | 94.212 | −0.188% | $773 | $740 | 5x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0157% | 8h | 94.160 | −0.244% | $22.8M | $60.3M | 50x | as long as short |
| Variational Omni CRCL | +0.0174% | 8h | 94.210 | −0.190% | $2.5M | $3.1M | — | as long as short |
| Nado CRCL-PERP | +0.0217% | 1h | 94.150 | −0.254% | $131K | $76K | 3x | as long as short |
| Bitget CRCLUSDT | +0.0219% | 8h | 94.220 | −0.180% | $16.9M | $35.1M | 25x | as long as short |
| Extended CRCL_24_5-USD | +0.0232% | 1h | 94.190 | −0.212% | $1.1M | $4.0M | 10x | as long as short |
| Binance CRCLUSDT | +0.0235% | 8h | 94.211 | −0.190% | $109.1M | $389.5M | 50x | as long as short |
| Aster CRCLUSDT | +0.0238% | 8h | 94.239 | −0.159% | $1.1M | $4.9M | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 94.366 | −0.025% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0304% | 1h | 94.247 | −0.151% | $3.0M | $2.2M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0358% | 8h | 94.240 | −0.159% | $1.1M | $559K | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0388% | 1h | 94.170 | −0.233% | $4K | $772K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.690 | +0.318% | $5K | $19K | 30x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 94.290 | −0.106% | $96K | $276K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 94.225 | −0.175% | $430K | $303K | 10x | as long as short |
| edgeX CRCLUSDClong | +0.0861% | 4h | 94.390 | long leg | $24K | $268K | 10x |
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
GRVT CRCL_USDT_Perp
Aevo CRCL-PERP
Paradex CRCL-USD-PERP
OKX CRCL-USDT-SWAP
Variational Omni CRCL
Nado CRCL-PERP
Bitget CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Aster CRCLUSDT
Phoenix CRCL
Lighter CRCL
BloFin CRCL-USDT
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
Arcus CRCL-USD
RISEx CRCL/USDC