Funding you earn now, next payment 01:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Aftermath Perps against tradeXYZ+0.303%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aftermath Perps is 0.303% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.303% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRCL | 93.484 | 0.0050 | pay 0.0006% / 1h | 0m 23s | $71.4M | $40.9M | 10x |
| Short | Aftermath Perps CRCLUSD | 93.768 | 0.0037 | get 0.0005% / 1h | 0m 23s | $2K | $22K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against tradeXYZ. 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
- −$2.74
- Price spread: +0.303% → 0.000%
- $30.35
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $0.61
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 9 min ago; Aftermath 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 tradeXYZ live order book, 9 min ago | 0.74 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CRCL-PERP-INTX | −0.0064% | 1h | 93.600 | +0.124% | $936K | $591K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 93.520 | +0.039% | $15.3M | $25.4M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 93.590 | +0.113% | $7.2M | $27.2M | 50x | as long as short |
| Bitget CRCLUSDT | 0.0000% | 8h | 93.560 | +0.081% | $16.6M | $34.3M | 25x | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 93.950 | +0.498% | $62K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 93.620 | +0.145% | $1.0M | $49K | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 93.517 | +0.035% | $980K | $3.0M | 10x | as long as short |
| Aftermath Perps CRCLUSDshort | +0.0037% | 1h | 93.768 | +0.303% | $2K | $22K | 5x | |
| QFEX CRCL-USD | +0.0042% | 1h | 93.500 | +0.017% | $1.3M | $2.5M | 10x | as long as short |
| Vest CRCL-USD-PERP | +0.0046% | 1h | 93.380 | −0.111% | — | $37K | 25x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CRCLlong | +0.0050% | 1h | 93.484 | long leg | $71.4M | $40.9M | 10x | |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 93.483 | −0.001% | $362K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 93.567 | +0.089% | $47K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 93.610 | +0.135% | $1.0M | $5.7M | 10x | as long as short |
| Variational Omni CRCL | +0.0059% | 8h | 93.569 | +0.091% | $2.5M | $3.1M | — | as long as short |
| Paradex CRCL-USD-PERP | +0.0097% | 8h | 93.504 | +0.021% | $767 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 93.541 | +0.061% | $75K | $96K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 93.550 | +0.071% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 93.750 | +0.285% | $69K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 93.450 | −0.036% | $932 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 93.504 | +0.021% | $4 | — | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0123% | 8h | 93.540 | +0.060% | $22.6M | $58.6M | 50x | as long as short |
| Binance CRCLUSDT | +0.0138% | 8h | 93.454 | −0.032% | $107.8M | $385.5M | 50x | as long as short |
| Aster CRCLUSDT | +0.0141% | 8h | 93.524 | +0.043% | $1.1M | $4.9M | 20x | as long as short |
| Extended CRCL_24_5-USD | +0.0144% | 1h | 93.492 | +0.008% | $1.1M | $5.7M | 10x | as long as short |
| Nado CRCL-PERP | +0.0234% | 1h | 93.424 | −0.064% | $154K | $89K | 3x | as long as short |
| BloFin CRCL-USDT | +0.0261% | 8h | 93.460 | −0.026% | $1.1M | $690K | 20x | as long as short |
| Phoenix CRCL | +0.0296% | 1h | 93.980 | +0.531% | $28K | $92K | 10x | as long as short |
| Lighter CRCL | +0.0328% | 1h | 93.607 | +0.132% | $3.0M | $2.3M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 94.210 | +0.777% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0498% | 1h | 93.590 | +0.113% | $4K | $769K | 10x | as long as short |
| Arcus CRCL-USD | +0.0521% | 1h | 93.720 | +0.252% | $96K | $271K | 10x | as long as short |
| RISEx CRCL/USDC | +0.0677% | 1h | 93.524 | +0.043% | $427K | $297K | 10x | as long as short |
| edgeX CRCLUSDC | +0.0940% | 4h | 93.809 | +0.348% | $24K | $268K | 10x | as long as short |
tradeXYZ xyz:CRCL
Aftermath Perps CRCLUSD
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
Gate CRCL_USDT
Bitget CRCLUSDT
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Lighter RH CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Variational Omni CRCL
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
OKX CRCL-USDT-SWAP
Binance CRCLUSDT
Aster CRCLUSDT
Extended CRCL_24_5-USD
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL
RISEx CRCL/USDC
edgeX CRCLUSDC