Funding you earn now, next payment 10:00 UTC−0.0375%/8h= −41.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.046%
Price spread now: Aevo against RISEx+0.022%76s7-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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Aevo is 0.022% dearer against RISEx than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 76 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 | RISEx CRCL/USDC | 93.005 | 0.0479 | pay 0.0060% / 1h | 2m 57s | $417K | $243K | 10x |
| Short | Aevo CRCL-PERP | 93.026 | 0.0104 | get 0.0013% / 1h | 2m 57s | $4 | — | 10x |
RISEx CRCL/USDC
Aevo CRCL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against RISEx. 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
- −$78.8
- Price spread: +0.022% → 0.000%
- $2.22
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$98.58
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 48 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 RISEx live order book, 48 min ago | 2.71 bp | 5.7 bp −$6 | 6.5 bp −$65 | 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 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 | −0.0021% | 1h | 92.800 | −0.220% | — | $30K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.020 | +0.016% | $15.1M | $25.1M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 93.060 | +0.059% | $18.2M | $33.7M | 25x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 93.080 | +0.081% | $1.0M | $45K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0008% | 1h | 92.990 | −0.016% | $861K | $702K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.096 | +0.098% | $1.0M | $2.5M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0042% | 1h | 92.749 | −0.275% | $2K | $29K | 5x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.972 | −0.035% | $67.9M | $40.1M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.913 | −0.099% | $382K | $847K | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.989 | −0.017% | $47K | $3K | 10x | as long as short |
Vest CRCL-USD-PERP
Bybit CRCLUSDT
Bitget CRCLUSDT
Phemex CRCLUSDT
Coinbase International CRCL-PERP-INTX
Lighter RH CRCL
Aftermath Perps CRCLUSD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USDShow 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 | 92.800 | −0.220% | $1.1M | $3.8M | 10x | as long as short |
| QFEX CRCL-USD | +0.0080% | 1h | 92.900 | −0.113% | $1.3M | $1.6M | 10x | as long as short |
| Gate CRCL_USDT | +0.0089% | 8h | 93.100 | +0.102% | $7.4M | $26.1M | 50x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.880 | −0.134% | $139K | $141K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 93.000 | −0.005% | $2.6M | $1.6M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 92.870 | −0.145% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 93.040 | +0.038% | $928 | $1K | 10x | as long as short |
| Aevo CRCL-PERPshort | +0.0104% | 1h | 93.026 | +0.022% | $4 | — | 10x | |
| Paradex CRCL-USD-PERP | +0.0133% | 8h | 92.905 | −0.108% | $427 | $477 | 5x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0180% | 1h | 92.990 | −0.016% | $5K | $454K | 10x | as long as short |
| Phoenix CRCL | +0.0199% | 1h | 92.671 | −0.359% | $27K | $66K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0201% | 4h | 92.956 | −0.053% | $53K | $269K | 10x | as long as short |
| Lighter CRCL | +0.0256% | 1h | 93.122 | +0.126% | $3.0M | $2.1M | 10x | as long as short |
| Variational Omni CRCL | +0.0303% | 8h | 92.823 | −0.195% | $2.5M | $3.3M | — | as long as short |
| Nado CRCL-PERP | +0.0317% | 1h | 92.880 | −0.135% | $152K | $97K | 3x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0339% | 8h | 93.020 | +0.016% | $23.0M | $57.3M | 50x | as long as short |
| Arcus CRCL-USD | +0.0368% | 1h | 92.900 | −0.113% | $93K | $215K | 10x | as long as short |
| Aster CRCLUSDT | +0.0381% | 8h | 93.089 | +0.090% | $1.1M | $4.5M | 20x | as long as short |
| Binance CRCLUSDT | +0.0389% | 8h | 93.028 | +0.025% | $107.6M | $354.9M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0392% | 1h | 93.016 | +0.012% | $1.1M | $4.0M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.090 | −0.984% | $38K | $172K | 30x | as long as short |
| RISEx CRCL/USDClong | +0.0479% | 1h | 93.005 | long leg | $417K | $243K | 10x | |
| BloFin CRCL-USDT | +0.0509% | 8h | 92.980 | −0.027% | $1.1M | $1.7M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0795% | 8h | 92.663 | −0.368% | $62K | $1.0M | 10x | as long as short |
Ondo Perps CRCL-USD.P
QFEX CRCL-USD
Gate CRCL_USDT
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Paradex CRCL-USD-PERP
Deribit CRCL_USDC-PERPETUAL
Phoenix CRCL
edgeX CRCLUSDC
Lighter CRCL
Variational Omni CRCL
Nado CRCL-PERP
OKX CRCL-USDT-SWAP
Arcus CRCL-USD
Aster CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Injective CRCL/USDC PERP
BloFin CRCL-USDT
GRVT CRCL_USDT_Perp