Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.1% APRnext payment +$1.02 per $10,000 · paid last 24h +0.022%
Price spread now: Binance against Variational Omni+0.034%7-day average −0.002% · 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)+0.023%+$2 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.034%, 7d avg −0.002%
=Together, before fees−0.002%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.036% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRCL | 91.749 | 0.0032 | pay 0.0032% / 8h | 1h 12m | $2.4M | $3.2M | — |
| Short | Binance CRCLUSDT | 91.780 | 0.0133 | get 0.0133% / 8h | 1h 12m | $105.0M | $397.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $21.34
- Price spread: +0.034% → −0.002%
- $3.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $14.94
- Costs to cover
- 0.100%
- Break-even
- 2.1 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 16 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 Variational Omni RFQ quote, 1 min ago | 3.45 bp | doesn't fit | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.55 bp | 6.3 bp −$6 | 10.1 bp −$101 | 39.0 bp −$3,902 | 143.5 bp −$71.7K |
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 | −0.0470% | 8h | 91.840 | +0.099% | $17.6M | $37.0M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0082% | 1h | 91.480 | −0.293% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.770 | +0.023% | $14.7M | $26.7M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.850 | +0.110% | $7.8M | $27.6M | 50x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.760 | +0.012% | $1.0M | $48K | 10x | as long as short |
| Variational Omni CRCLlong | +0.0032% | 8h | 91.749 | long leg | $2.4M | $3.2M | — | |
| Aftermath Perps CRCLUSD | +0.0039% | 1h | 91.679 | −0.077% | $2K | $28K | 5x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.710 | −0.042% | $94K | $292K | 10x | as long as short |
| Lighter RH CRCL | +0.0048% | 1h | 91.775 | +0.028% | $981K | $2.7M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.768 | +0.021% | $46K | $3K | 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 | 91.700 | −0.053% | $1.1M | $5.3M | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0056% | 1h | 91.790 | +0.045% | $894K | $454K | 10x | as long as short |
| QFEX CRCL-USD | +0.0068% | 1h | 91.750 | +0.001% | $1.3M | $1.8M | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.760 | +0.012% | $134K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.730 | −0.021% | $2.7M | $1.7M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.650 | −0.108% | $67K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.760 | +0.012% | $915 | $2K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0104% | 1h | 91.710 | −0.042% | $67.9M | $44.5M | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.790 | +0.045% | $4 | — | 10x | as long as short |
| Aster CRCLUSDT | +0.0119% | 8h | 91.775 | +0.029% | $1.0M | $5.1M | 20x | as long as short |
| Extended CRCL_24_5-USD | +0.0128% | 1h | 91.783 | +0.038% | $1.0M | $5.0M | 10x | as long as short |
| Binance CRCLUSDTshort | +0.0133% | 8h | 91.780 | +0.034% | $105.0M | $397.4M | 50x | |
| Polymarket Perps CRCL-USD | +0.0141% | 1h | 91.756 | +0.008% | $384K | $1.3M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0144% | 4h | 91.739 | −0.010% | $52K | $278K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0180% | 8h | 91.738 | −0.012% | $422 | $905 | 5x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0210% | 8h | 91.769 | +0.022% | $64K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0219% | 8h | 91.780 | +0.034% | $22.3M | $62.7M | 50x | as long as short |
| Phoenix CRCL | +0.0245% | 1h | 91.694 | −0.060% | $27K | $82K | 10x | as long as short |
| BloFin CRCL-USDT | +0.0250% | 8h | 91.780 | +0.034% | $1.1M | $1.7M | 20x | as long as short |
| RISEx CRCL/USDC | +0.0271% | 1h | 91.780 | +0.034% | $418K | $267K | 10x | as long as short |
| Lighter CRCL | +0.0312% | 1h | 91.779 | +0.033% | $3.0M | $2.4M | 10x | as long as short |
| Nado CRCL-PERP | +0.0419% | 1h | 91.676 | −0.079% | $134K | $109K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.210 | +0.503% | $5K | $19K | 30x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0841% | 1h | 91.770 | +0.023% | $5K | $769K | 10x | as long as short |
Variational Omni CRCL
Binance CRCLUSDT
Bitget CRCLUSDT
Bybit CRCLUSDT
Gate CRCL_USDT
Phemex CRCLUSDT
Aftermath Perps CRCLUSD
Lighter RH CRCL
SoDEX CRCL-USD
Coinbase International CRCL-PERP-INTX
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
tradeXYZ xyz:CRCL
Aster CRCLUSDT
Extended CRCL_24_5-USD
Polymarket Perps CRCL-USD
edgeX CRCLUSDC
Paradex CRCL-USD-PERP
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
Phoenix CRCL
BloFin CRCL-USDT
RISEx CRCL/USDC
Lighter CRCL
Injective CRCL/USDC PERP
Deribit CRCL_USDC-PERPETUAL