CRCL

Alert: funding

Alert: spread

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: Gate against Orderly+0.044%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Gate

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Gate is 0.044% dearer against Orderly than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CRCL_USDC_mythos	91.780	0.0100	pay 0.0100% / 8h	1h 16m	$915	$2K	10x
Short	Gate CRCL_USDT	91.820	0	get 0.0000% / 8h	1h 16m	$7.8M	$27.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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 OrderlybpFee GatebpOrdersPrice spread, now +0.044%Rate

Funding earned: −$21
Price spread: +0.044% → 0.000%: $4.36
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.64
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Gate: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	2.72 bp	13.9 bp −$14	29.5 bp −$295	doesn't fit	doesn't fit

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	−0.0540%	8h	91.860	+0.087%	$17.6M	$37.1M	25x	as long as short
Vest CRCL-USD-PERP	−0.0082%	1h	91.550	−0.251%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.790	+0.011%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDTshort	0.0000%	8h	91.820	+0.044%	$7.8M	$27.6M	50x
Phemex CRCLUSDT	0.0000%	4h	91.800	+0.022%	$1.0M	$48K	10x	as long as short
Variational Omni CRCL	+0.0013%	8h	91.789	+0.010%	$2.4M	$3.2M	—	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	91.726	−0.059%	$2K	$28K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.720	−0.065%	$94K	$292K	10x	as long as short
Lighter RH CRCL	+0.0048%	1h	91.806	+0.028%	$981K	$2.7M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.772	−0.009%	$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	−0.120%	$1.1M	$5.3M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.790	+0.011%	$894K	$616K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.750	−0.033%	$1.3M	$1.8M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0096%	1h	91.729	−0.056%	$67.9M	$44.4M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.780	0.000%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.710	−0.076%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.710	−0.076%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythoslong	+0.0100%	8h	91.780	long leg	$915	$2K	10x
Aevo CRCL-PERP	+0.0104%	1h	91.773	−0.008%	$4	—	10x	as long as short
Aster CRCLUSDT	+0.0110%	8h	91.771	−0.010%	$1.0M	$5.1M	20x	as long as short
Extended CRCL_24_5-USD	+0.0120%	1h	91.784	+0.005%	$1.0M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0122%	8h	91.810	+0.033%	$104.9M	$398.2M	50x	as long as short
Polymarket Perps CRCL-USD	+0.0137%	1h	91.799	+0.021%	$384K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0174%	8h	91.774	−0.006%	$422	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0201%	8h	91.760	−0.022%	$64K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0216%	8h	91.820	+0.044%	$22.3M	$62.9M	50x	as long as short
BloFin CRCL-USDT	+0.0242%	8h	91.820	+0.044%	$1.1M	$1.7M	20x	as long as short
Phoenix CRCL	+0.0245%	1h	91.779	−0.001%	$27K	$82K	10x	as long as short
edgeX CRCLUSDC	+0.0267%	4h	91.778	−0.002%	$52K	$278K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.812	+0.035%	$418K	$268K	10x	as long as short
Lighter CRCL	+0.0312%	1h	91.803	+0.025%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0415%	1h	91.603	−0.193%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.210	+0.469%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1714%	1h	91.850	+0.076%	$5K	$769K	10x	as long as short