CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h +0.056%

Price spread now: Nado against SoDEX+0.013%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CRCL-USD	91.960	0.0402	pay 0.0050% / 1h	20m 06s	$46K	$3K	10x
Short	Nado CRCL-PERP	91.972	0.0357	get 0.0045% / 1h	20m 06s	$135K	$109K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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 SoDEXbpFee NadobpOrdersPrice spread, now +0.013%Rate

Funding earned: −$9.44
Price spread: +0.013% → 0.000%: $1.3
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$23.14
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 12 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Nado live order book, 12 min ago	3.30 bp	8.7 bp −$9	26.7 bp −$267	doesn't fit	doesn't fit

SoDEX: 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
Vest CRCL-USD-PERP	−0.0104%	1h	91.630	−0.359%	—	$31K	25x	as long as short
Bitget CRCLUSDT	0.0000%	8h	91.960	0.000%	$17.7M	$36.0M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.990	+0.033%	$1.0M	$47K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.001	+0.045%	$993K	$2.4M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	92.020	+0.065%	$947K	$567K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0036%	1h	91.351	−0.662%	$2K	$29K	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0040%	8h	91.320	−0.696%	$71K	$1.1M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.890	−0.076%	$96K	$278K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.871	−0.097%	$67.5M	$43.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.754	−0.224%	$379K	$999K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.900	−0.065%	$1.1M	$4.7M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	91.830	−0.141%	$1.4M	$1.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.927	−0.036%	$135K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.920	−0.043%	$2.6M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.100	−0.935%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.960	0.000%	$917	$1K	10x	as long as short
Bybit CRCLUSDT	+0.0102%	8h	91.930	−0.033%	$15.1M	$26.7M	50x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.977	+0.019%	$4	—	10x	as long as short
Gate CRCL_USDT	+0.0115%	8h	92.000	+0.043%	$7.8M	$26.7M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0133%	8h	92.018	+0.063%	$423	$766	5x	as long as short
edgeX CRCLUSDC	+0.0154%	4h	91.204	−0.822%	$52K	$270K	10x	as long as short
Variational Omni CRCL	+0.0176%	8h	92.182	+0.241%	$2.4M	$3.3M	—	as long as short
Lighter CRCL	+0.0176%	1h	91.989	+0.032%	$3.0M	$2.1M	10x	as long as short
Aster CRCLUSDT	+0.0233%	8h	92.075	+0.125%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0248%	1h	91.904	−0.061%	$1.1M	$5.1M	10x	as long as short
Binance CRCLUSDT	+0.0250%	8h	91.960	0.000%	$105.9M	$386.6M	50x	as long as short
Phoenix CRCL	+0.0254%	1h	91.817	−0.156%	$27K	$66K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0296%	8h	91.930	−0.033%	$22.4M	$61.8M	50x	as long as short
Nado CRCL-PERPshort	+0.0357%	1h	91.972	+0.013%	$135K	$109K	3x
BloFin CRCL-USDT	+0.0359%	8h	92.300	+0.370%	$1.1M	$1.7M	20x	as long as short
SoDEX CRCL-USDlong	+0.0402%	1h	91.960	long leg	$46K	$3K	10x
Injective CRCL/USDC PERP	+0.0440%	1h	91.920	−0.043%	$40K	$170K	30x	as long as short
RISEx CRCL/USDC	+0.0501%	1h	91.870	−0.098%	$415K	$256K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0729%	1h	91.990	+0.033%	$5K	$749K	10x	as long as short