Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.019%
Price spread now: Orderly against Gate−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRCL_USDT | 91.790 | 0 | get 0.0000% / 8h | 1h 15m | $7.8M | $27.6M | 50x |
| Short | Orderly PERP_CRCL_USDC_mythos | 91.750 | 0.0100 | get 0.0100% / 8h | 1h 15m | $915 | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. 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
- $21
- Price spread: −0.044% → 0.000%
- −$4.36
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$4.36
- Costs to cover
- 0.210%
- Break-even
- 8.5 days
Slippage unknown: Gate: live order book, 3 min ago; Orderly: 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 Gate live order book, 3 min ago | 2.72 bp | 11.3 bp −$11 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0510% | 8h | 91.820 | +0.033% | $17.6M | $37.1M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0083% | 1h | 91.470 | −0.349% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.740 | −0.054% | $14.7M | $26.7M | 50x | as long as short |
| Gate CRCL_USDTlong | 0.0000% | 8h | 91.790 | long leg | $7.8M | $27.6M | 50x | |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.760 | −0.033% | $1.0M | $48K | 10x | as long as short |
| Variational Omni CRCL | +0.0032% | 8h | 91.749 | −0.045% | $2.4M | $3.2M | — | as long as short |
| Aftermath Perps CRCLUSD | +0.0039% | 1h | 91.666 | −0.135% | $2K | $28K | 5x | as long as short |
| Lighter RH CRCL | +0.0040% | 1h | 91.752 | −0.041% | $981K | $2.7M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.710 | −0.087% | $94K | $292K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.740 | −0.054% | $46K | $3K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.670 | −0.131% | $1.1M | $5.3M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0056% | 1h | 91.790 | 0.000% | $894K | $616K | 10x | as long as short |
| QFEX CRCL-USD | +0.0068% | 1h | 91.690 | −0.109% | $1.3M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0098% | 1h | 91.683 | −0.117% | $67.9M | $44.4M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.758 | −0.035% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.710 | −0.087% | $2.7M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.720 | −0.076% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythosshort | +0.0100% | 8h | 91.750 | −0.044% | $915 | $2K | 10x | |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.738 | −0.056% | $4 | — | 10x | as long as short |
| Aster CRCLUSDT | +0.0115% | 8h | 91.775 | −0.016% | $1.0M | $5.1M | 20x | as long as short |
| Binance CRCLUSDT | +0.0128% | 8h | 91.735 | −0.060% | $105.0M | $398.1M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0128% | 1h | 91.708 | −0.089% | $1.0M | $5.0M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0138% | 1h | 91.730 | −0.065% | $384K | $1.3M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0175% | 8h | 91.734 | −0.061% | $422 | $905 | 5x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0201% | 8h | 91.760 | −0.033% | $64K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0217% | 8h | 91.770 | −0.022% | $22.3M | $62.8M | 50x | as long as short |
| Phoenix CRCL | +0.0245% | 1h | 91.779 | −0.012% | $27K | $82K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0248% | 8h | 91.760 | −0.033% | $1.1M | $1.7M | 20x | as long as short |
| RISEx CRCL/USDC | +0.0271% | 1h | 91.759 | −0.034% | $418K | $267K | 10x | as long as short |
| Lighter CRCL | +0.0312% | 1h | 91.749 | −0.045% | $3.0M | $2.4M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0388% | 4h | 91.794 | +0.005% | $52K | $278K | 10x | as long as short |
| Nado CRCL-PERP | +0.0418% | 1h | 91.687 | −0.113% | $134K | $109K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.210 | +0.458% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0514% | 1h | 91.710 | −0.087% | $5K | $769K | 10x | as long as short |
Gate CRCL_USDT
Bitget CRCLUSDT
Bybit CRCLUSDT
Phemex CRCLUSDT
Variational Omni CRCL
Aftermath Perps CRCLUSD
Lighter RH CRCL
SoDEX CRCL-USD
Coinbase International CRCL-PERP-INTX
tradeXYZ xyz:CRCL
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Aster CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Polymarket Perps CRCL-USD
Paradex CRCL-USD-PERP
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
Phoenix CRCL
BloFin CRCL-USDT
RISEx CRCL/USDC
Lighter CRCL
edgeX CRCLUSDC
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL