Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: ApeX Omni against tradeXYZ−0.147%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. ApeX Omni is 0.147% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 9.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.015% in total) that is about 2 months. The two prices were read 65 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 | tradeXYZ xyz:CRCL | 92.135 | 0.0050 | pay 0.0006% / 1h | 0m 22s | $68.7M | $41.4M | 10x |
| Short | ApeX Omni CRCLUSDT | 92.000 | 0.0100 | get 0.0013% / 1h | 0m 22s | $68K | $4K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $10.5
- Price spread: −0.147% → 0.000%
- −$14.65
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$32.15
- Costs to cover
- 0.280%
- Break-even
- 28.4 days
Slippage unknown: tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago | 1.19 bp | 10.3 bp −$10 | 11.8 bp −$118 | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDT | −0.1001% | 8h | 92.220 | +0.092% | $16.2M | $34.6M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0074% | 1h | 91.970 | −0.179% | — | $31K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 92.080 | −0.060% | $908K | $501K | 10x | as long as short |
| Aster CRCLUSDT | 0.0000% | 8h | 92.168 | +0.035% | $1.1M | $4.9M | 20x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 92.183 | +0.052% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 92.180 | +0.049% | $105.1M | $386.0M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.200 | +0.071% | $15.2M | $25.9M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 92.208 | +0.079% | $421K | $298K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.210 | +0.081% | $7.2M | $27.0M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 92.126 | −0.010% | $2.5M | $3.2M | — | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 92.034 | −0.109% | $68K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.160 | +0.027% | $1.0M | $49K | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0006% | 8h | 92.180 | +0.049% | $21.6M | $59.9M | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.0023% | 1h | 92.065 | −0.076% | $2K | $24K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 92.180 | +0.049% | $1.3M | $2.0M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 92.221 | +0.093% | $978K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 92.050 | −0.092% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCLlong | +0.0050% | 1h | 92.135 | long leg | $68.7M | $41.4M | 10x | |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 92.150 | +0.016% | $359K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.117 | −0.020% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 92.020 | −0.125% | $1.0M | $5.2M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0081% | 8h | 92.203 | +0.073% | $756 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.199 | +0.070% | $133K | $156K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.170 | +0.038% | $2.7M | $2.0M | 20x | as long as short |
| ApeX Omni CRCLUSDTshort | +0.0100% | 1h | 92.000 | −0.147% | $68K | $4K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.140 | +0.005% | $919 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.169 | +0.037% | $4 | — | 10x | as long as short |
| BloFin CRCL-USDT | +0.0120% | 8h | 92.180 | +0.049% | $1.1M | $1.3M | 20x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 92.176 | +0.044% | $27K | $84K | 10x | as long as short |
| Lighter CRCL | +0.0208% | 1h | 92.219 | +0.091% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0218% | 1h | 92.147 | +0.013% | $131K | $104K | 3x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0401% | 1h | 92.170 | +0.038% | $4K | $767K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.530 | +0.429% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0747% | 4h | 91.992 | −0.155% | $23K | $249K | 10x | as long as short |
tradeXYZ xyz:CRCL
ApeX Omni CRCLUSDT
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Aster CRCLUSDT
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
OKX CRCL-USDT-SWAP
Aftermath Perps CRCLUSD
Lighter RH CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
Deribit CRCL_USDC-PERPETUAL
Injective CRCL/USDC PERP
edgeX CRCLUSDC