Funding you earn now, next payment 16:00 UTC+0.0286%/8h= +31.3% APRnext payment +$2.86 per $10,000 · paid last 24h +0.064%
Price spread now: BloFin against Paradex+0.271%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.271% dearer against Paradex than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex CRCL-USD-PERP | 95.402 | 0.0100 | pay 0.0100% / 8h | 4h 53m | $439 | $477 | 5x |
| Short | BloFin CRCL-USDT | 95.660 | 0.0386 | get 0.0386% / 8h | 4h 53m | $1.1M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Paradex. 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
- $60.11
- Price spread: +0.271% → 0.000%
- $27.05
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $71.17
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; BloFin: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 1.05 bp | 8.7 bp −$9 | 15.4 bp −$154 | 43.1 bp −$4,311 | doesn't fit |
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 34 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.0024% | 1h | 95.200 | −0.212% | $868K | $802K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 95.110 | −0.306% | $15.5M | $28.5M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 95.474 | +0.076% | $424K | $228K | 10x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 95.130 | −0.285% | $19.1M | $38.6M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 95.250 | −0.159% | $1.1M | $47K | 10x | as long as short |
| QFEX CRCL-USD | +0.0014% | 1h | 95.310 | −0.096% | $1.3M | $1.7M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 95.221 | −0.190% | $1.0M | $2.6M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0033% | 1h | 94.825 | −0.605% | $2K | $29K | 5x | as long as short |
| Injective CRCL/USDC PERP | +0.0033% | 1h | 95.630 | +0.239% | $39K | $172K | 30x | as long as short |
| Gate CRCL_USDT | +0.0039% | 8h | 95.320 | −0.086% | $7.8M | $26.1M | 50x | as long as short |
Show all 34 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | +0.0040% | 1h | 95.470 | +0.071% | — | $30K | 25x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 94.904 | −0.522% | $69.0M | $44.1M | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 95.550 | +0.155% | $1.0M | $4.3M | 10x | as long as short |
| Arcus CRCL-USD | +0.0057% | 1h | 95.610 | +0.218% | $96K | $231K | 10x | as long as short |
| Paradex CRCL-USD-PERPlong | +0.0100% | 8h | 95.402 | long leg | $439 | $477 | 5x | |
| Pacifica CRCL | +0.0100% | 1h | 95.451 | +0.052% | $142K | $149K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 95.260 | −0.149% | $2.5M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 95.830 | +0.449% | $99K | $26K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 95.350 | −0.054% | $751 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 95.264 | −0.144% | $4 | — | 10x | as long as short |
| Variational Omni CRCL | +0.0169% | 8h | 95.760 | +0.375% | $2.7M | $3.3M | — | as long as short |
| Phoenix CRCL | +0.0197% | 1h | 94.470 | −0.977% | $28K | $94K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0219% | 8h | 95.100 | −0.316% | $23.5M | $66.0M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0264% | 1h | 95.237 | −0.173% | $1.1M | $4.0M | 10x | as long as short |
| Binance CRCLUSDT | +0.0266% | 8h | 95.177 | −0.235% | $110.2M | $388.8M | 50x | as long as short |
| Aster CRCLUSDT | +0.0285% | 8h | 95.360 | −0.044% | $1.2M | $4.7M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0328% | 8h | 96.099 | +0.731% | $62K | $1.0M | 10x | as long as short |
| Nado CRCL-PERP | +0.0328% | 1h | 95.209 | −0.203% | $153K | $91K | 3x | as long as short |
| BloFin CRCL-USDTshort | +0.0386% | 8h | 95.660 | +0.271% | $1.1M | $1.8M | 20x | |
| Polymarket Perps CRCL-USD | +0.0412% | 1h | 95.284 | −0.124% | $305K | $1.0M | 10x | as long as short |
| Lighter CRCL | +0.0528% | 1h | 95.032 | −0.388% | $3.3M | $2.4M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0551% | 4h | 95.621 | +0.230% | $55K | $277K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0591% | 1h | 95.240 | −0.170% | $5K | $415K | 10x | as long as short |
| SoDEX CRCL-USD | +0.4796% | 1h | 95.121 | −0.294% | $48K | $3K | 10x | as long as short |
Paradex CRCL-USD-PERP
BloFin CRCL-USDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
Aftermath Perps CRCLUSD
Injective CRCL/USDC PERP
Gate CRCL_USDT
tradeXYZ xyz:CRCL
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Variational Omni CRCL
Phoenix CRCL
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Binance CRCLUSDT
Aster CRCLUSDT
GRVT CRCL_USDT_Perp
Polymarket Perps CRCL-USD
Lighter CRCL
edgeX CRCLUSDC
Deribit CRCL_USDC-PERPETUAL
SoDEX CRCL-USD