CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.029%

Price spread now: Pacifica against Extended−0.022%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$790.789% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.022% cheaper against Extended than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.091%, 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	Extended CRCL_24_5-USD	91.739	0.0048	pay 0.0006% / 1h	18m 56s	$1.1M	$5.7M	10x
Short	Pacifica CRCL	91.720	0.0100	get 0.0013% / 1h	18m 56s	$132K	$158K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now −0.022%Rate

Funding earned: $10.92
Price spread: −0.022% → 0.000%: −$2.17
Slippage, 4 orders: −$65.88
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$70.13
Costs to cover: 0.789%
Break-even: 52.0 days

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 30 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 Extended live order book, 5 min ago	0.05 bp	5.0 bp −$5	29.9 bp −$299	doesn't fit	doesn't fit
Sell Pacifica live order book, 30 min ago	25.99 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit

CRCL on 33 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	−0.0760%	8h	91.860	+0.131%	$15.9M	$35.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0035%	1h	91.530	−0.228%	—	$40K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.700	−0.043%	$913K	$580K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.830	+0.099%	$15.0M	$25.9M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.713	−0.028%	$419K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.800	+0.066%	$7.1M	$26.7M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.938	+0.216%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.906	+0.181%	$63K	$1.1M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	91.710	−0.032%	$4K	$769K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.840	+0.110%	$1.0M	$49K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0024%	1h	91.893	+0.167%	$2K	$23K	5x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.760	+0.022%	$976K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.820	+0.088%	$93K	$273K	10x	as long as short
Extended CRCL_24_5-USDlong	+0.0048%	1h	91.739	long leg	$1.1M	$5.7M	10x
tradeXYZ xyz:CRCL	+0.0050%	1h	91.717	−0.024%	$68.9M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.682	−0.063%	$355K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.707	−0.035%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.770	+0.033%	$999K	$5.5M	10x	as long as short
Binance CRCLUSDT	+0.0052%	8h	91.807	+0.074%	$104.7M	$393.8M	50x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.710	−0.032%	$1.3M	$2.3M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0059%	8h	91.890	+0.164%	$21.7M	$60.3M	50x	as long as short
Aster CRCLUSDT	+0.0061%	8h	91.744	+0.005%	$1.1M	$4.9M	20x	as long as short
Paradex CRCL-USD-PERP	+0.0074%	8h	91.724	−0.017%	$752	$740	5x	as long as short
Pacifica CRCLshort	+0.0100%	1h	91.720	−0.022%	$132K	$158K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	91.820	+0.088%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.820	+0.088%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.710	−0.032%	$914	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.710	−0.032%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0153%	1h	91.744	+0.005%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0200%	1h	91.767	+0.030%	$3.0M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0231%	1h	91.850	+0.120%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.500	+0.829%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0811%	4h	91.882	+0.156%	$23K	$267K	10x	as long as short