Funding you earn now, next payment 09:00 UTC−0.0352%/8h= −38.5% APRnext payment −$0.44 per $10,000 · paid last 24h −0.010%
Price spread now: Ondo Perps against SoDEX−0.065%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Ondo Perps is 0.065% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 19m 50s | $46K | $3K | 10x |
| Short | Ondo Perps CRCL-USD.P | 91.900 | 0.0050 | get 0.0006% / 1h | 19m 50s | $1.1M | $4.7M | 10x |
SoDEX CRCL-USD
Ondo Perps CRCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against SoDEX. 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
- −$73.91
- Price spread: −0.065% → 0.000%
- −$6.52
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$93.44
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
SoDEX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Vest CRCL-USD-PERP | −0.0104% | 1h | 91.630 | −0.359% | — | $31K | 25x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 92.170 | +0.228% | $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 | 92.065 | +0.114% | $989K | $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 | 92.043 | +0.090% | $67.7M | $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 |
Vest CRCL-USD-PERP
Bitget CRCLUSDT
Phemex CRCLUSDT
Lighter RH CRCL
Coinbase International CRCL-PERP-INTX
Aftermath Perps CRCLUSD
GRVT CRCL_USDT_Perp
Arcus CRCL-USD
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CRCL-USD.Pshort | +0.0050% | 1h | 91.900 | −0.065% | $1.1M | $4.7M | 10x | |
| 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 | 91.950 | −0.011% | $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 |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.977 | +0.019% | $4 | — | 10x | as long as short |
| Gate CRCL_USDT | +0.0115% | 8h | 92.090 | +0.141% | $7.8M | $26.7M | 50x | as long as short |
| Bybit CRCLUSDT | +0.0121% | 8h | 92.110 | +0.163% | $15.1M | $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 | +0.0184% | 1h | 92.131 | +0.186% | $3.0M | $2.1M | 10x | as long as short |
| Aster CRCLUSDT | +0.0239% | 8h | 92.171 | +0.230% | $1.0M | $5.0M | 20x | as long as short |
| Extended CRCL_24_5-USD | +0.0248% | 1h | 91.961 | +0.001% | $1.1M | $5.1M | 10x | as long as short |
| Binance CRCLUSDT | +0.0252% | 8h | 92.064 | +0.114% | $106.0M | $385.6M | 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 | 92.190 | +0.250% | $22.5M | $61.8M | 50x | as long as short |
| Nado CRCL-PERP | +0.0357% | 1h | 91.972 | +0.013% | $135K | $109K | 3x | as long as short |
| 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 |
QFEX CRCL-USD
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
Aevo CRCL-PERP
Gate CRCL_USDT
Bybit CRCLUSDT
Paradex CRCL-USD-PERP
edgeX CRCLUSDC
Variational Omni CRCL
Lighter CRCL
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Phoenix CRCL
OKX CRCL-USDT-SWAP
Nado CRCL-PERP
BloFin CRCL-USDT
Injective CRCL/USDC PERP
RISEx CRCL/USDC
Deribit CRCL_USDC-PERPETUAL