CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.018%

Price spread now: Aevo against QFEX−0.047%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Aevo is 0.047% cheaper against QFEX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.1 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	QFEX CRCL-USD	90.960	0.0054	pay 0.0007% / 1h	24m 41s	$1.3M	$1.8M	10x
Short	Aevo CRCL-PERP	90.918	0.0104	get 0.0013% / 1h	24m 41s	$4	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against QFEX. 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 QFEXbpFee AevobpOrdersPrice spread, now −0.047%Rate

Funding earned: $10.4
Price spread: −0.047% → 0.000%: −$4.67
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$20.27
Costs to cover: 0.260%
Break-even: 20.6 days

Slippage unknown: QFEX: live order book, 2 min ago; Aevo: 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 QFEX live order book, 2 min ago	1.65 bp	6.7 bp −$7	8.6 bp −$86	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0984%	8h	91.020	+0.066%	$16.7M	$36.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0074%	1h	90.640	−0.352%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	90.910	−0.055%	$14.5M	$26.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	90.890	−0.077%	$7.5M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	90.870	−0.099%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	90.940	−0.022%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0010%	8h	90.889	−0.078%	$1.0M	$5.1M	20x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	90.815	−0.159%	$1.0M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0024%	8h	90.900	−0.066%	$103.3M	$395.8M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	90.861	−0.109%	$969K	$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
Aftermath Perps CRCLUSD	+0.0039%	1h	90.985	+0.027%	$2K	$26K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	90.900	−0.066%	$92K	$290K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	90.780	−0.198%	$67.8M	$43.3M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	90.944	−0.018%	$381K	$1.3M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	90.872	−0.097%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	90.790	−0.187%	$999K	$5.2M	10x	as long as short
QFEX CRCL-USDlong	+0.0054%	1h	90.960	long leg	$1.3M	$1.8M	10x
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	90.700	−0.286%	$883K	$598K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0091%	8h	90.893	−0.074%	$418	$905	5x	as long as short
BloFin CRCL-USDT	+0.0092%	8h	90.870	−0.099%	$1.1M	$1.6M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	90.855	−0.116%	$133K	$161K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	90.870	−0.099%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	90.750	−0.231%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	90.910	−0.055%	$906	$2K	10x	as long as short
Aevo CRCL-PERPshort	+0.0104%	1h	90.918	−0.047%	$4	—	10x
GRVT CRCL_USDT_Perp	+0.0105%	8h	91.230	+0.297%	$62K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0111%	8h	90.970	+0.011%	$22.0M	$62.0M	50x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	90.950	−0.011%	$414K	$294K	10x	as long as short
edgeX CRCLUSDC	+0.0136%	4h	90.812	−0.163%	$52K	$277K	10x	as long as short
Lighter CRCL	+0.0208%	1h	90.862	−0.108%	$2.9M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0210%	1h	91.148	+0.207%	$27K	$82K	10x	as long as short
Nado CRCL-PERP	+0.0299%	1h	90.945	−0.016%	$133K	$109K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0300%	1h	90.930	−0.033%	$4K	$768K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.650	+0.759%	$5K	$19K	30x	as long as short