Funding you earn now, next payment 02:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.039%
Price spread now: Vest against Extended−0.053%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.053% cheaper against Extended than usual: you would sell low and buy high (−$5 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 | 93.189 | 0.0136 | pay 0.0017% / 1h | 57m 14s | $1.1M | $5.7M | 10x |
| Short | Vest CRCL-USD-PERP | 93.140 | 0.0044 | get 0.0005% / 1h | 57m 14s | — | $37K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$19.34
- Price spread: −0.053% → 0.000%
- −$5.27
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$31.6
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Vest: 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 | 0.80 bp | 5.7 bp −$6 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.0008% | 1h | 93.200 | +0.012% | $932K | $589K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.180 | −0.010% | $15.3M | $25.5M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 93.280 | +0.098% | $426K | $299K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 93.220 | +0.033% | $7.2M | $25.5M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 93.250 | +0.065% | $16.6M | $34.5M | 25x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 93.497 | +0.331% | $62K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 93.240 | +0.055% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.194 | +0.005% | $978K | $2.9M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0037% | 1h | 93.564 | +0.402% | $2K | $22K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 93.470 | +0.301% | $96K | $271K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERPshort | +0.0044% | 1h | 93.140 | −0.053% | — | $37K | 25x | |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 93.084 | −0.113% | $70.8M | $41.2M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 93.264 | +0.080% | $361K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 93.160 | −0.031% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 93.410 | +0.237% | $1.0M | $5.6M | 10x | as long as short |
| QFEX CRCL-USD | +0.0057% | 1h | 93.250 | +0.065% | $1.3M | $2.5M | 10x | as long as short |
| Variational Omni CRCL | +0.0059% | 8h | 93.569 | +0.407% | $2.5M | $3.1M | — | as long as short |
| Paradex CRCL-USD-PERP | +0.0097% | 8h | 93.245 | +0.060% | $765 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 93.298 | +0.116% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 93.230 | +0.044% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 93.450 | +0.280% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 93.190 | +0.001% | $929 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 93.129 | −0.065% | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0115% | 8h | 93.150 | −0.042% | $22.5M | $58.3M | 50x | as long as short |
| Aster CRCLUSDT | +0.0134% | 8h | 93.279 | +0.097% | $1.1M | $4.9M | 20x | as long as short |
| Binance CRCLUSDT | +0.0135% | 8h | 93.183 | −0.006% | $107.5M | $386.8M | 50x | as long as short |
| Extended CRCL_24_5-USDlong | +0.0136% | 1h | 93.189 | long leg | $1.1M | $5.7M | 10x | |
| Nado CRCL-PERP | +0.0239% | 1h | 93.273 | +0.090% | $154K | $89K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0255% | 8h | 93.170 | −0.020% | $1.1M | $1.0M | 20x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0287% | 1h | 93.100 | −0.096% | $4K | $769K | 10x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 93.327 | +0.148% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0296% | 1h | 93.212 | +0.025% | $3.0M | $2.3M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 93.910 | +0.774% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0813% | 4h | 93.468 | +0.300% | $24K | $266K | 10x | as long as short |
Extended CRCL_24_5-USD
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Bitget CRCLUSDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Variational Omni CRCL
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
OKX CRCL-USDT-SWAP
Aster CRCLUSDT
Binance CRCLUSDT
BloFin CRCL-USDT
Deribit CRCL_USDC-PERPETUAL
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC