CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.015%

Price spread now: ApeX Omni against QFEX−0.162%56s7-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 ApeX Omni

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. ApeX Omni is 0.162% cheaper against QFEX than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 27 days of funding at the current rate (+$1 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CRCL-USD	92.630	0.0080	pay 0.0010% / 1h	8m 11s	$1.3M	$1.6M	10x
Short	ApeX Omni CRCLUSDT	92.480	0.0100	get 0.0013% / 1h	8m 11s	$68K	$4K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.162%Rate

Funding earned: $4.2
Price spread: −0.162% → 0.000%: −$16.19
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$31.99
Costs to cover: 0.200%
Break-even: 60.3 days

Slippage unknown: QFEX: live order book, 2 min ago; 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 QFEX live order book, 2 min ago	1.08 bp	6.1 bp −$6	8.7 bp −$87	13.8 bp −$1,384	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

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 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
Vest CRCL-USD-PERP	−0.0022%	1h	92.410	−0.238%	—	$30K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.670	+0.043%	$15.0M	$25.1M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.660	+0.032%	$18.1M	$33.7M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.630	0.000%	$1.0M	$45K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0008%	1h	92.490	−0.151%	$856K	$699K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.624	−0.006%	$1.0M	$2.5M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	92.581	−0.053%	$2K	$29K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	92.565	−0.070%	$67.7M	$40.0M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.617	−0.014%	$380K	$847K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.635	+0.005%	$46K	$3K	10x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.400	−0.248%	$1.1M	$3.8M	10x	as long as short
QFEX CRCL-USDlong	+0.0080%	1h	92.630	long leg	$1.3M	$1.6M	10x
Gate CRCL_USDT	+0.0085%	8h	92.690	+0.065%	$7.4M	$26.0M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	92.600	−0.032%	$139K	$141K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.600	−0.032%	$2.6M	$1.6M	20x	as long as short
ApeX Omni CRCLUSDTshort	+0.0100%	1h	92.480	−0.162%	$68K	$4K	50x
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.600	−0.032%	$923	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.647	+0.019%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0120%	8h	92.631	+0.001%	$426	$477	5x	as long as short
Phoenix CRCL	+0.0199%	1h	92.644	+0.015%	$27K	$66K	10x	as long as short
Lighter CRCL	+0.0256%	1h	92.655	+0.027%	$3.0M	$2.1M	10x	as long as short
Variational Omni CRCL	+0.0287%	8h	92.574	−0.060%	$2.5M	$3.3M	—	as long as short
Nado CRCL-PERP	+0.0319%	1h	92.530	−0.108%	$152K	$107K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0336%	8h	92.660	+0.032%	$22.8M	$56.9M	50x	as long as short
Aster CRCLUSDT	+0.0362%	8h	92.664	+0.037%	$1.1M	$4.5M	20x	as long as short
Arcus CRCL-USD	+0.0368%	1h	92.590	−0.043%	$93K	$226K	10x	as long as short
Binance CRCLUSDT	+0.0372%	8h	92.660	+0.032%	$107.2M	$357.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0376%	1h	92.621	−0.009%	$1.1M	$4.0M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.090	−0.583%	$38K	$172K	30x	as long as short
edgeX CRCLUSDC	+0.0457%	4h	92.616	−0.015%	$53K	$269K	10x	as long as short
RISEx CRCL/USDC	+0.0479%	1h	92.670	+0.043%	$415K	$243K	10x	as long as short
BloFin CRCL-USDT	+0.0487%	8h	92.670	+0.043%	$1.1M	$1.7M	20x	as long as short
GRVT CRCL_USDT_Perp	+0.0750%	8h	92.650	+0.021%	$62K	$1.0M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1047%	1h	92.640	+0.011%	$5K	$470K	10x	as long as short