Funding you earn now, next payment 01:00 UTC−0.0131%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.028%
Price spread now: ApeX Omni against Phoenix+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.076%−$8 on $10k
+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. ApeX Omni is 0.055% dearer against Phoenix than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.076% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRCL | 91.730 | 0.0231 | pay 0.0029% / 1h | 36m 00s | $27K | $92K | 10x |
| Short | ApeX Omni CRCLUSDT | 91.780 | 0.0100 | get 0.0013% / 1h | 36m 00s | $67K | $4K | 50x |
Phoenix CRCL
ApeX Omni CRCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$27.5
- Price spread: +0.055% → 0.000%
- $5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$39.05
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
Phoenix and ApeX Omni: 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 | −0.0361% | 8h | 92.140 | +0.447% | $16.0M | $35.3M | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0008% | 1h | 91.990 | +0.283% | $916K | $586K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.100 | +0.403% | $15.1M | $25.8M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 92.017 | +0.313% | $420K | $299K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.140 | +0.447% | $7.2M | $26.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 92.051 | +0.350% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.790 | +0.065% | $61K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.970 | +0.262% | $1.0M | $49K | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0002% | 1h | 91.830 | +0.109% | — | $37K | 25x | as long as short |
| Aftermath Perps CRCLUSD | +0.0027% | 1h | 92.005 | +0.300% | $2K | $23K | 5x | as long as short |
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Vest CRCL-USD-PERP
Aftermath Perps CRCLUSDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRCL | +0.0032% | 1h | 92.127 | +0.433% | $980K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.900 | +0.185% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.053 | +0.352% | $69.4M | $41.9M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.037 | +0.335% | $356K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.990 | +0.283% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.850 | +0.131% | $1.0M | $5.5M | 10x | as long as short |
| QFEX CRCL-USD | +0.0057% | 1h | 92.000 | +0.294% | $1.3M | $2.4M | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0076% | 1h | 92.130 | +0.436% | $4K | $769K | 10x | as long as short |
| Binance CRCLUSDT | +0.0078% | 8h | 92.080 | +0.381% | $105.1M | $393.1M | 50x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0078% | 8h | 92.090 | +0.392% | $21.7M | $60.3M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0080% | 1h | 92.054 | +0.353% | $1.1M | $5.7M | 10x | as long as short |
| Aster CRCLUSDT | +0.0081% | 8h | 92.073 | +0.374% | $1.1M | $4.9M | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.0084% | 8h | 92.039 | +0.336% | $755 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.980 | +0.273% | $129K | $154K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.080 | +0.382% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDTshort | +0.0100% | 1h | 91.780 | +0.055% | $67K | $4K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.040 | +0.338% | $918 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.085 | +0.387% | $4 | — | 10x | as long as short |
| Nado CRCL-PERP | +0.0178% | 1h | 92.063 | +0.363% | $131K | $103K | 3x | as long as short |
| Lighter CRCL | +0.0200% | 1h | 92.142 | +0.449% | $3.0M | $2.4M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0222% | 8h | 92.330 | +0.654% | $1.1M | $1.1M | 20x | as long as short |
| Phoenix CRCLlong | +0.0231% | 1h | 91.730 | long leg | $27K | $92K | 10x | |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.270 | +0.589% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0565% | 4h | 91.735 | +0.005% | $23K | $267K | 10x | as long as short |
Lighter RH CRCL
Arcus CRCL-USD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
QFEX CRCL-USD
Deribit CRCL_USDC-PERPETUAL
Binance CRCLUSDT
OKX CRCL-USDT-SWAP
Extended CRCL_24_5-USD
Aster CRCLUSDT
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Nado CRCL-PERP
Lighter CRCL
BloFin CRCL-USDT
Injective CRCL/USDC PERP
edgeX CRCLUSDC