CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%

Price spread now: Ondo Perps against Polymarket Perps−0.065%7-day average −0.050% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days−0.770%−$77 · spread now −0.065%, 7d avg −0.050%

Together, before fees−0.745%+ Points / potential airdropOndo Perps: Active · farm board−$75 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CRCL-USD	91.209	0.0152	pay 0.0019% / 1h	7m 25s	$377K	$1.3M	10x
Short	Ondo Perps CRCL-USD.P	91.150	0.0050	get 0.0006% / 1h	7m 25s	$1.1M	$4.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpFee Ondo PerpsbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$21.27
Price spread: −0.065% → −0.050%: −$1.48
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$35.75
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 min ago; Ondo Perps: 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 Polymarket Perps live order book, 1 min ago	2.36 bp	6.7 bp −$7	7.1 bp −$71	8.9 bp −$886	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0355%	8h	91.300	+0.100%	$17.4M	$36.7M	25x	as long as short
Vest CRCL-USD-PERP	−0.0083%	1h	90.910	−0.328%	—	$31K	25x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.220	+0.012%	$7.8M	$28.0M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.220	+0.012%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.198	−0.012%	$982K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	91.170	−0.043%	$2K	$29K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.180	−0.032%	$95K	$296K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.170	−0.043%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.Pshort	+0.0050%	1h	91.150	−0.065%	$1.1M	$4.8M	10x
Bybit CRCLUSDT	+0.0061%	8h	91.240	+0.034%	$14.8M	$26.5M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRCL-USD	+0.0071%	1h	91.170	−0.043%	$1.3M	$1.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.070	−0.152%	$871K	$500K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0089%	1h	91.146	−0.069%	$67.2M	$44.3M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.150	−0.065%	$134K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.240	+0.034%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.120	−0.098%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.170	−0.043%	$909	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.199	−0.011%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0128%	8h	91.194	−0.017%	$2.4M	$3.3M	—	as long as short
Polymarket Perps CRCL-USDlong	+0.0152%	1h	91.209	long leg	$377K	$1.3M	10x
Paradex CRCL-USD-PERP	+0.0157%	8h	91.178	−0.034%	$419	$905	5x	as long as short
Aster CRCLUSDT	+0.0195%	8h	91.245	+0.040%	$1.0M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0208%	1h	91.160	−0.053%	$1.0M	$5.0M	10x	as long as short
Binance CRCLUSDT	+0.0211%	8h	91.210	+0.001%	$104.8M	$389.3M	50x	as long as short
Phoenix CRCL	+0.0227%	1h	91.187	−0.024%	$27K	$74K	10x	as long as short
Lighter CRCL	+0.0248%	1h	91.199	−0.011%	$2.9M	$2.4M	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0250%	8h	91.217	+0.009%	$70K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0285%	8h	91.250	+0.045%	$22.3M	$61.7M	50x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0299%	1h	91.170	−0.043%	$5K	$769K	10x	as long as short
BloFin CRCL-USDT	+0.0329%	8h	91.200	−0.010%	$1.1M	$1.7M	20x	as long as short
Nado CRCL-PERP	+0.0433%	1h	91.131	−0.086%	$133K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.740	+0.582%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0466%	1h	91.224	+0.017%	$412K	$268K	10x	as long as short
edgeX CRCLUSDC	+0.0810%	4h	91.207	−0.002%	$52K	$269K	10x	as long as short