CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h +0.005%

Price spread now: Aster against KuCoin+0.016%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1041.036% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.016%, 7d avg −0.006%

Together, before fees−0.069%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.022% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRCLUSDTM	91.420	0.0100	pay 0.0100% / 8h	34m 53s	$2.7M	$1.7M	20x
Short	Aster CRCLUSDT	91.434	0.0166	get 0.0166% / 8h	34m 53s	$1.0M	$5.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.016%Rate

Funding earned: $13.87
Price spread: +0.016% → −0.006%: $2.15
Slippage, 4 orders: −$83.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$87.54
Costs to cover: 1.036%
Break-even: 51.2 days

Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 4 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 KuCoin live order book, 2 min ago	1.64 bp	56.3 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	2.18 bp	8.2 bp −$8	12.2 bp −$122	doesn't fit	doesn't fit

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	−0.0244%	8h	91.480	+0.066%	$17.5M	$36.7M	25x	as long as short
Vest CRCL-USD-PERP	−0.0078%	1h	91.140	−0.306%	—	$31K	25x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.420	0.000%	$7.8M	$27.3M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.390	−0.033%	$1.0M	$48K	10x	as long as short
Bybit CRCLUSDT	+0.0025%	8h	91.410	−0.011%	$14.8M	$26.5M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.430	+0.011%	$981K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	91.519	+0.109%	$2K	$28K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.550	+0.142%	$97K	$292K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.380	−0.044%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.400	−0.022%	$1.1M	$4.8M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0071%	1h	91.390	−0.033%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.400	−0.022%	$890K	$403K	10x	as long as short
Variational Omni CRCL	+0.0097%	8h	91.457	+0.041%	$2.4M	$3.2M	—	as long as short
Pacifica CRCL	+0.0100%	1h	91.397	−0.025%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTMlong	+0.0100%	8h	91.420	long leg	$2.7M	$1.7M	20x
ApeX Omni CRCLUSDT	+0.0100%	1h	91.460	+0.044%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.340	−0.088%	$911	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.386	−0.037%	$4	—	10x	as long as short
tradeXYZ xyz:CRCL	+0.0117%	1h	91.348	−0.079%	$67.7M	$43.9M	10x	as long as short
edgeX CRCLUSDC	+0.0124%	4h	91.531	+0.122%	$52K	$275K	10x	as long as short
Polymarket Perps CRCL-USD	+0.0157%	1h	91.350	−0.077%	$379K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0165%	8h	91.357	−0.069%	$420	$905	5x	as long as short
Aster CRCLUSDTshort	+0.0166%	8h	91.434	+0.016%	$1.0M	$5.0M	20x
Binance CRCLUSDT	+0.0182%	8h	91.430	+0.011%	$105.1M	$389.7M	50x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	91.385	−0.038%	$1.0M	$5.0M	10x	as long as short
Phoenix CRCL	+0.0227%	1h	91.689	+0.294%	$27K	$74K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0247%	8h	91.730	+0.339%	$61K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0258%	8h	91.440	+0.022%	$22.2M	$61.7M	50x	as long as short
Lighter CRCL	+0.0272%	1h	91.397	−0.025%	$2.9M	$2.4M	10x	as long as short
BloFin CRCL-USDT	+0.0302%	8h	91.370	−0.055%	$1.1M	$1.7M	20x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0407%	1h	91.350	−0.077%	$5K	$769K	10x	as long as short
Nado CRCL-PERP	+0.0425%	1h	91.365	−0.060%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.010	+0.645%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0466%	1h	91.392	−0.031%	$410K	$272K	10x	as long as short