CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%

Price spread now: Pacifica against Ondo Perps−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.032% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.1 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	Ondo Perps CRCL-USD.P	94.720	0.0050	pay 0.0006% / 1h	39m 15s	$1.1M	$5.9M	10x
Short	Pacifica CRCL	94.690	0.0100	get 0.0013% / 1h	39m 15s	$76K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Ondo Perps. 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 Ondo PerpsbpFee PacificabpOrdersPrice spread, now −0.032%Rate

Funding earned: $10.42
Price spread: −0.032% → 0.000%: −$3.17
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$5.75
Costs to cover: 0.130%
Break-even: 10.9 days

Slippage unknown: Ondo Perps: no order-book sample; Pacifica: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Ondo Perps and Pacifica: 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
Gate CRCL_USDT	0.0000%	8h	94.720	0.000%	$7.2M	$27.6M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.740	+0.021%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.680	−0.042%	$1.4M	$2.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.510	−0.222%	$940K	$723K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.660	−0.063%	—	$45K	25x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.688	−0.034%	$48K	$3K	10x	as long as short
Ondo Perps CRCL-USD.Plong	+0.0050%	1h	94.720	long leg	$1.1M	$5.9M	10x
Aftermath Perps CRCLUSD	+0.0052%	1h	94.710	−0.010%	$2K	$21K	5x	as long as short
Polymarket Perps CRCL-USD	+0.0052%	1h	94.686	−0.036%	$367K	$1.1M	10x	as long as short
Lighter RH CRCL	+0.0056%	1h	94.718	−0.002%	$893K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCLshort	+0.0100%	1h	94.690	−0.032%	$76K	$99K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.720	0.000%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.610	−0.116%	$70K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.710	−0.011%	$944	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.724	+0.004%	$4	—	10x	as long as short
Bybit CRCLUSDT	+0.0104%	8h	94.690	−0.032%	$15.6M	$25.9M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0134%	8h	94.726	+0.006%	$777	$740	5x	as long as short
Variational Omni CRCL	+0.0139%	8h	94.783	+0.067%	$2.6M	$3.1M	—	as long as short
GRVT CRCL_USDT_Perp	+0.0184%	8h	94.784	+0.067%	$61K	$1.1M	10x	as long as short
Extended CRCL_24_5-USD	+0.0200%	1h	94.693	−0.028%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0202%	8h	94.690	−0.032%	$109.5M	$389.8M	50x	as long as short
OKX CRCL-USDT-SWAP	+0.0205%	8h	94.670	−0.053%	$22.9M	$60.7M	50x	as long as short
Aster CRCLUSDT	+0.0210%	8h	94.757	+0.039%	$1.1M	$4.9M	20x	as long as short
tradeXYZ xyz:CRCL	+0.0245%	1h	94.680	−0.042%	$71.1M	$42.9M	10x	as long as short
Phoenix CRCL	+0.0288%	1h	94.749	+0.031%	$28K	$92K	10x	as long as short
Nado CRCL-PERP	+0.0307%	1h	94.662	−0.062%	$127K	$73K	3x	as long as short
Bitget CRCLUSDT	+0.0315%	8h	94.720	0.000%	$16.9M	$35.4M	25x	as long as short
BloFin CRCL-USDT	+0.0322%	8h	94.710	−0.011%	$1.1M	$594K	20x	as long as short
Lighter CRCL	+0.0416%	1h	94.726	+0.006%	$3.1M	$2.2M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	95.560	+0.887%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.720	0.000%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.740	+0.021%	$432K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0595%	1h	94.730	+0.011%	$4K	$772K	10x	as long as short
edgeX CRCLUSDC	+0.0967%	4h	94.751	+0.033%	$24K	$267K	10x	as long as short