CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0218%/8h= +23.9% APRnext payment +$2.18 per $10,000 · paid last 24h +0.059%

Price spread now: BloFin against Variational Omni+0.478%566s7-day average −0.001% · you sell dearer than you buy

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

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.144%+$14 on $10k

Price spread, last 3 days (all we have)−0.445%−$45 · spread now +0.478%, 7d avg −0.001%

Together, before fees−0.301%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.479% dearer against Variational Omni than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 566 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	Variational Omni CRCL	91.891	0.0004	pay 0.0004% / 8h	6h 39m	$2.5M	$3.2M	—
Short	BloFin CRCL-USDT	92.330	0.0222	get 0.0222% / 8h	6h 39m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.478%Rate

Funding earned: $45.78
Price spread: +0.478% → −0.001%: $47.92
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $81.7
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; BloFin: live order book, 13 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, 5 min ago	3.45 bp	doesn't fit	10.7 bp −$107	doesn't fit	doesn't fit
Sell BloFin live order book, 13 min ago	2.69 bp	9.3 bp −$9	11.8 bp −$118	57.3 bp −$5,727	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
Bitget CRCLUSDT	−0.0216%	8h	91.820	−0.077%	$16.0M	$35.4M	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0008%	1h	91.650	−0.262%	$912K	$584K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.740	−0.164%	$15.0M	$25.8M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.725	−0.181%	$419K	$301K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.780	−0.121%	$7.2M	$26.3M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.081	+0.207%	$63K	$1.1M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	91.710	−0.197%	$4K	$769K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.850	−0.044%	$1.0M	$49K	10x	as long as short
Variational Omni CRCLlong	+0.0004%	8h	91.891	long leg	$2.5M	$3.2M	—
Vest CRCL-USD-PERP	+0.0012%	1h	91.480	−0.447%	—	$37K	25x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0027%	1h	92.150	+0.283%	$2K	$22K	5x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.774	−0.127%	$972K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.940	+0.054%	$93K	$272K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.710	−0.197%	$69.2M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.575	−0.344%	$354K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.818	−0.079%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.760	−0.142%	$1.0M	$5.5M	10x	as long as short
QFEX CRCL-USD	+0.0057%	1h	91.760	−0.142%	$1.3M	$2.4M	10x	as long as short
Binance CRCLUSDT	+0.0084%	8h	91.741	−0.163%	$105.0M	$392.7M	50x	as long as short
Aster CRCLUSDT	+0.0084%	8h	91.793	−0.107%	$1.1M	$4.9M	20x	as long as short
Paradex CRCL-USD-PERP	+0.0085%	8h	91.708	−0.199%	$752	$740	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0086%	8h	91.710	−0.197%	$21.7M	$60.0M	50x	as long as short
Extended CRCL_24_5-USD	+0.0088%	1h	91.770	−0.132%	$1.1M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.767	−0.135%	$129K	$154K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.800	−0.099%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	92.210	+0.347%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.680	−0.229%	$914	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.696	−0.212%	$4	—	10x	as long as short
Nado CRCL-PERP	+0.0198%	1h	91.627	−0.288%	$141K	$94K	3x	as long as short
Lighter CRCL	+0.0200%	1h	91.787	−0.113%	$3.0M	$2.3M	10x	as long as short
BloFin CRCL-USDTshort	+0.0222%	8h	92.330	+0.478%	$1.1M	$1.1M	20x
Phoenix CRCL	+0.0231%	1h	91.994	+0.112%	$27K	$92K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	93.910	+2.197%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0628%	4h	92.314	+0.461%	$23K	$267K	10x	as long as short