Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h −0.031%
Price spread now: Paradex against OKX−0.042%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
=Funding pays, the price is against you. Paradex is 0.042% cheaper against OKX than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRCL-USDT-SWAP | 91.150 | 0.0027 | pay 0.0027% / 8h | 5h 48m | $21.4M | $58.9M | 50x |
| Short | Paradex CRCL-USD-PERP | 91.112 | 0.0069 | get 0.0069% / 8h | 5h 48m | $747 | $740 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against OKX. 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
- $8.91
- Price spread: −0.042% → 0.000%
- −$4.18
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$9.27
- Costs to cover
- 0.140%
- Break-even
- 14.3 days
Slippage unknown: OKX: live order book, 5 min ago; Paradex: 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 OKX live order book, 5 min ago | 0.55 bp | 7.1 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | −0.1192% | 8h | 91.180 | +0.033% | $15.6M | $34.5M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0076% | 1h | 90.870 | −0.307% | — | $35K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 91.160 | +0.011% | $900K | $539K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.130 | −0.022% | $14.9M | $25.7M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.110 | −0.044% | $416K | $297K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.130 | −0.022% | $7.0M | $26.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.307 | +0.172% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.340 | +0.208% | $66K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.100 | −0.055% | $1.0M | $49K | 10x | as long as short |
| Binance CRCLUSDT | +0.0012% | 8h | 91.111 | −0.042% | $103.5M | $383.8M | 50x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CRCL_24_5-USD | +0.0016% | 1h | 91.088 | −0.068% | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | +0.0018% | 8h | 91.085 | −0.072% | $1.1M | $4.9M | 20x | as long as short |
| Aftermath Perps CRCLUSD | +0.0022% | 1h | 91.379 | +0.251% | $2K | $23K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 91.100 | −0.055% | $1.3M | $2.2M | 10x | as long as short |
| OKX CRCL-USDT-SWAPlong | +0.0027% | 8h | 91.150 | long leg | $21.4M | $58.9M | 50x | |
| Lighter RH CRCL | +0.0032% | 1h | 91.148 | −0.002% | $969K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.320 | +0.187% | $93K | $271K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.070 | −0.088% | $68.2M | $41.1M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.086 | −0.070% | $353K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.093 | −0.063% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.160 | +0.011% | $973K | $5.1M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0055% | 4h | 91.376 | +0.248% | $23K | $267K | 10x | as long as short |
| Paradex CRCL-USD-PERPshort | +0.0069% | 8h | 91.112 | −0.042% | $747 | $740 | 5x | |
| Pacifica CRCL | +0.0100% | 1h | 91.122 | −0.031% | $132K | $157K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.170 | +0.022% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.500 | +0.384% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.070 | −0.088% | $908 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.056 | −0.104% | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 91.079 | −0.078% | $27K | $84K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0189% | 1h | 91.090 | −0.066% | $4K | $767K | 10x | as long as short |
| Nado CRCL-PERP | +0.0202% | 1h | 91.154 | +0.005% | $130K | $103K | 3x | as long as short |
| Lighter CRCL | +0.0280% | 1h | 91.161 | +0.012% | $2.9M | $2.4M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 91.820 | +0.735% | $5K | $19K | 30x | as long as short |
OKX CRCL-USDT-SWAP
Paradex CRCL-USD-PERP
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aster CRCLUSDT
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
edgeX CRCLUSDC
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Phoenix CRCL
Deribit CRCL_USDC-PERPETUAL
Lighter CRCL
Injective CRCL/USDC PERP