CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h +0.027%

Price spread now: Bitget against Variational Omni+0.010%7-day average +0.031% · you sell dearer than you buy

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

Long on Variational Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.032%+$3 on $10k

Price spread, last 7 days+0.020%+$2 · spread now +0.010%, 7d avg +0.031%

Together, before fees+0.052%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.021% cheaper against Variational Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRCL	94.450	0.0127	pay 0.0127% / 8h	7h 28m	$2.5M	$3.1M	—
Short	Bitget CRCLUSDT	94.460	0.0031	get 0.0031% / 8h	7h 28m	$17.0M	$34.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$20.19
Price spread: +0.010% → +0.031%: −$2.06
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.26
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bitget: live order book, 1 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	3.43 bp	doesn't fit	10.9 bp −$109	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.59 bp	9.2 bp −$9	13.8 bp −$138	65.9 bp −$6,587	doesn't fit

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	94.210	−0.254%	$942K	$622K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.460	+0.010%	$7.2M	$27.0M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.462	+0.013%	$68K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.410	−0.043%	$1.0M	$49K	10x	as long as short
Bybit CRCLUSDT	+0.0007%	8h	94.470	+0.021%	$15.5M	$25.7M	50x	as long as short
Bitget CRCLUSDTshort	+0.0031%	8h	94.460	+0.010%	$17.0M	$34.6M	25x
Lighter RH CRCL	+0.0032%	1h	94.436	−0.015%	$889K	$2.8M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0042%	1h	94.333	−0.124%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.450	0.000%	$1.4M	$2.6M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.310	−0.149%	—	$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:CRCL	+0.0050%	1h	94.372	−0.083%	$71.8M	$42.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.423	−0.029%	$366K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.443	−0.008%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.310	−0.149%	$1.0M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.400	−0.053%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.420	−0.032%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.300	−0.159%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.450	0.000%	$942	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.452	+0.002%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0106%	8h	94.486	+0.037%	$775	$740	5x	as long as short
Variational Omni CRCLlong	+0.0127%	8h	94.450	long leg	$2.5M	$3.1M	—
edgeX CRCLUSDC	+0.0141%	4h	94.435	−0.016%	$24K	$269K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0149%	8h	94.440	−0.011%	$22.8M	$59.5M	50x	as long as short
Binance CRCLUSDT	+0.0192%	8h	94.452	+0.002%	$109.4M	$386.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0192%	1h	94.440	−0.011%	$1.1M	$5.9M	10x	as long as short
Aster CRCLUSDT	+0.0197%	8h	94.435	−0.016%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0228%	1h	94.405	−0.048%	$132K	$76K	3x	as long as short
Phoenix CRCL	+0.0296%	1h	94.429	−0.023%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0296%	1h	94.456	+0.006%	$3.1M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0313%	8h	94.370	−0.085%	$1.1M	$560K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.890	+0.465%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.370	−0.085%	$96K	$273K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0598%	1h	94.440	−0.011%	$4K	$769K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.471	+0.022%	$431K	$299K	10x	as long as short