Funding you earn now, next payment 08:00 UTC−0.0371%/8h= −40.6% APRpaid last 24h −0.141%
Price spread now: Paradex against edgeX−0.161%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Paradex is 0.161% cheaper against edgeX than usual: you would sell low and buy high (−$16 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 | 91.963 | 0.0501 | pay 0.0250% / 4h | 3h 40m | $51K | $275K | 10x |
| Short | Paradex CRCL-USD-PERP | 91.815 | 0.0129 | get 0.0129% / 8h | 3h 40m | $422 | $905 | 5x |
edgeX CRCLUSDC
Paradex CRCL-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$77.93
- Price spread: −0.161% → 0.000%
- −$16.13
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$107.06
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 12 min ago; Paradex: 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, 12 min ago | 5.97 bp | 11.5 bp −$11 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0707% | 8h | 91.930 | −0.036% | $16.8M | $35.5M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0067% | 1h | 91.610 | −0.384% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.870 | −0.102% | $14.9M | $26.5M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.930 | −0.036% | $7.3M | $27.3M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.849 | −0.125% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.820 | −0.156% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0005% | 8h | 91.826 | −0.150% | $1.1M | $5.0M | 20x | as long as short |
| Binance CRCLUSDT | +0.0013% | 8h | 91.890 | −0.080% | $104.7M | $391.2M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0016% | 1h | 91.844 | −0.130% | $1.2M | $5.7M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.837 | −0.137% | $973K | $2.9M | 10x | as long as short |
Bitget CRCLUSDT
Vest CRCL-USD-PERP
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Aster CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Lighter RH CRCLShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CRCLUSD | +0.0039% | 1h | 91.867 | −0.105% | $2K | $25K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.850 | −0.123% | $93K | $272K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0048% | 1h | 91.890 | −0.080% | $907K | $510K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0049% | 8h | 91.810 | −0.167% | $1.1M | $1.6M | 20x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.782 | −0.197% | $68.2M | $41.8M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.840 | −0.134% | $358K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.820 | −0.156% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.680 | −0.308% | $1.0M | $5.1M | 10x | as long as short |
| QFEX CRCL-USD | +0.0060% | 1h | 91.860 | −0.112% | $1.3M | $1.9M | 10x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0072% | 8h | 91.949 | −0.016% | $70K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0077% | 8h | 91.910 | −0.058% | $22.3M | $61.6M | 50x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.886 | −0.084% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.810 | −0.167% | $2.7M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.920 | −0.047% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.760 | −0.221% | $915 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.798 | −0.180% | $4 | — | 10x | as long as short |
| RISEx CRCL/USDC | +0.0107% | 1h | 91.878 | −0.092% | $418K | $299K | 10x | as long as short |
| Paradex CRCL-USD-PERPshort | +0.0129% | 8h | 91.815 | −0.161% | $422 | $905 | 5x | |
| Phoenix CRCL | +0.0182% | 1h | 91.905 | −0.064% | $27K | $82K | 10x | as long as short |
| Lighter CRCL | +0.0296% | 1h | 91.841 | −0.133% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0367% | 1h | 91.746 | −0.236% | $134K | $106K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.360 | +0.431% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDClong | +0.0501% | 4h | 91.963 | long leg | $51K | $275K | 10x | |
| Deribit CRCL_USDC-PERPETUAL | +0.0513% | 1h | 91.780 | −0.199% | $4K | $768K | 10x | as long as short |
Aftermath Perps CRCLUSD
Arcus CRCL-USD
Coinbase International CRCL-PERP-INTX
BloFin CRCL-USDT
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
QFEX CRCL-USD
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
RISEx CRCL/USDC
Phoenix CRCL
Lighter CRCL
Nado CRCL-PERP
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL