Settings8H · net · $10k
Funding arb · Price arb /

CRCL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.25 per $10,000 · paid last 24h +0.021%
Price spread now: ApeX Omni against Vest−0.578%62s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.578% cheaper against Vest than usual: you would sell low and buy high (spread −0.578% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$58 on $10k: about 9.5 days of funding at the current rate (+$6 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CRCL-USD-PERP91.630−0.0104get 0.0013% / 1h19m 45s$31K25x
ShortApeX Omni CRCLUSDT91.1000.0100get 0.0013% / 1h19m 45s$67K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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

Funding earned
$42.76
Price spread: −0.578% → 0.000%
−$57.84
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$27.09
Costs to cover
0.120%
Break-even
11.4 days
Slippage unknown: Vest: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell ApeX Omni no order-book sample
Vest and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CRCL-USD-PERPlong−0.0104%1h91.630long leg$31K25x
Bitget CRCLUSDT0.0000%8h92.170+0.589%$17.7M$36.0M25xas long as short
Phemex CRCLUSDT0.0000%4h91.990+0.393%$1.0M$47K10xas long as short
Lighter RH CRCL+0.0032%1h92.065+0.475%$989K$2.4M10xas long as short
Coinbase International CRCL-PERP-INTX+0.0032%1h92.020+0.426%$947K$567K10xas long as short
Aftermath Perps CRCLUSD+0.0036%1h91.351−0.304%$2K$29K5xas long as short
GRVT CRCL_USDT_Perp+0.0040%8h91.320−0.338%$71K$1.1M10xas long as short
Arcus CRCL-USD+0.0040%1h91.890+0.284%$96K$278K10xas long as short
tradeXYZ xyz:CRCL+0.0050%1h92.043+0.451%$67.7M$43.7M10xas long as short
Polymarket Perps CRCL-USD+0.0050%1h91.754+0.135%$379K$999K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CRCL-USD.P+0.0050%1h91.900+0.295%$1.1M$4.7M10xas long as short
QFEX CRCL-USD+0.0065%1h91.830+0.218%$1.4M$1.7M10xas long as short
Pacifica CRCL+0.0100%1h91.927+0.324%$135K$158K10xas long as short
KuCoin CRCLUSDTM+0.0100%8h91.950+0.349%$2.6M$1.7M20xas long as short
ApeX Omni CRCLUSDTshort+0.0100%1h91.100−0.578%$67K$4K50x
Orderly PERP_CRCL_USDC_mythos+0.0100%8h91.960+0.360%$917$1K10xas long as short
Aevo CRCL-PERP+0.0104%1h91.977+0.379%$410xas long as short
Gate CRCL_USDT+0.0115%8h92.090+0.502%$7.8M$26.7M50xas long as short
Bybit CRCLUSDT+0.0121%8h92.110+0.524%$15.1M$26.7M50xas long as short
Paradex CRCL-USD-PERP+0.0133%8h92.018+0.423%$423$7665xas long as short
edgeX CRCLUSDC+0.0154%4h91.204−0.464%$52K$270K10xas long as short
Variational Omni CRCL+0.0176%8h92.182+0.602%$2.4M$3.3Mas long as short
Lighter CRCL+0.0184%1h92.131+0.547%$3.0M$2.1M10xas long as short
Aster CRCLUSDT+0.0239%8h92.171+0.591%$1.0M$5.0M20xas long as short
Extended CRCL_24_5-USD+0.0248%1h91.961+0.362%$1.1M$5.1M10xas long as short
Binance CRCLUSDT+0.0252%8h92.064+0.474%$106.0M$385.6M50xas long as short
Phoenix CRCL+0.0254%1h91.817+0.204%$27K$66K10xas long as short
OKX CRCL-USDT-SWAP+0.0296%8h92.190+0.611%$22.5M$61.8M50xas long as short
Nado CRCL-PERP+0.0357%1h91.972+0.373%$135K$109K3xas long as short
BloFin CRCL-USDT+0.0359%8h92.300+0.731%$1.1M$1.7M20xas long as short
SoDEX CRCL-USD+0.0402%1h91.960+0.360%$46K$3K10xas long as short
Injective CRCL/USDC PERP+0.0440%1h91.920+0.316%$40K$170K30xas long as short
RISEx CRCL/USDC+0.0501%1h91.870+0.262%$415K$256K10xas long as short
Deribit CRCL_USDC-PERPETUAL+0.0729%1h91.990+0.393%$5K$749K10xas long as short