Funding you earn now, next payment 10:00 UTC−0.0334%/8h= −36.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.023%
Price spread now: SoDEX against Extended−0.038%7-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
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SoDEX is 0.038% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRCL_24_5-USD | 92.901 | 0.0384 | pay 0.0048% / 1h | 4m 42s | $1.1M | $4.0M | 10x |
| Short | SoDEX CRCL-USD | 92.865 | 0.0050 | get 0.0006% / 1h | 4m 42s | $47K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. 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
- −$70.14
- Price spread: −0.038% → 0.000%
- −$3.85
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$86.99
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 2 min ago; SoDEX: 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 Extended live order book, 2 min ago | 0.70 bp | 5.8 bp −$6 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.0022% | 1h | 92.770 | −0.141% | — | $30K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.020 | +0.128% | $15.1M | $25.1M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 93.030 | +0.139% | $18.2M | $33.7M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.850 | −0.055% | $1.0M | $45K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0008% | 1h | 92.890 | −0.012% | $860K | $702K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.004 | +0.111% | $1.0M | $2.5M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0041% | 1h | 92.639 | −0.282% | $2K | $29K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.925 | +0.026% | $67.9M | $40.1M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 93.000 | +0.107% | $382K | $847K | 10x | as long as short |
| SoDEX CRCL-USDshort | +0.0050% | 1h | 92.865 | −0.038% | $47K | $3K | 10x |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.910 | +0.010% | $1.1M | $3.8M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0073% | 1h | 92.910 | +0.010% | $5K | $454K | 10x | as long as short |
| QFEX CRCL-USD | +0.0080% | 1h | 93.040 | +0.150% | $1.3M | $1.6M | 10x | as long as short |
| Gate CRCL_USDT | +0.0093% | 8h | 93.020 | +0.128% | $7.4M | $26.0M | 50x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.960 | +0.064% | $139K | $141K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.940 | +0.042% | $2.6M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.550 | −0.378% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.950 | +0.053% | $927 | $1K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.950 | +0.053% | $4 | — | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0135% | 8h | 92.988 | +0.094% | $428 | $477 | 5x | as long as short |
| Phoenix CRCL | +0.0199% | 1h | 92.671 | −0.247% | $27K | $66K | 10x | as long as short |
| Lighter CRCL | +0.0264% | 1h | 93.055 | +0.166% | $3.0M | $2.1M | 10x | as long as short |
| Variational Omni CRCL | +0.0303% | 8h | 92.823 | −0.083% | $2.5M | $3.3M | — | as long as short |
| Nado CRCL-PERP | +0.0321% | 1h | 92.955 | +0.058% | $152K | $107K | 3x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0340% | 8h | 92.990 | +0.096% | $22.9M | $57.2M | 50x | as long as short |
| Arcus CRCL-USD | +0.0368% | 1h | 93.030 | +0.139% | $94K | $226K | 10x | as long as short |
| Aster CRCLUSDT | +0.0382% | 8h | 92.948 | +0.051% | $1.1M | $4.5M | 20x | as long as short |
| Extended CRCL_24_5-USDlong | +0.0384% | 1h | 92.901 | long leg | $1.1M | $4.0M | 10x | |
| Binance CRCLUSDT | +0.0390% | 8h | 92.988 | +0.094% | $107.6M | $356.2M | 50x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.090 | −0.873% | $38K | $172K | 30x | as long as short |
| RISEx CRCL/USDC | +0.0479% | 1h | 93.000 | +0.107% | $417K | $243K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0505% | 8h | 92.950 | +0.053% | $1.1M | $1.7M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0795% | 8h | 92.663 | −0.256% | $62K | $1.0M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0977% | 4h | 92.636 | −0.285% | $53K | $269K | 10x | as long as short |
Extended CRCL_24_5-USD
SoDEX CRCL-USD
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Coinbase International CRCL-PERP-INTX
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
Deribit CRCL_USDC-PERPETUAL
Gate CRCL_USDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Paradex CRCL-USD-PERP
Phoenix CRCL
Lighter CRCL
Variational Omni CRCL
OKX CRCL-USDT-SWAP
Aster CRCLUSDT
Binance CRCLUSDT
Injective CRCL/USDC PERP
RISEx CRCL/USDC
BloFin CRCL-USDT
GRVT CRCL_USDT_Perp
edgeX CRCLUSDC