CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0358%/8h= +39.2% APRnext payment +$0.45 per $10,000 · paid last 24h +0.062%

Price spread now: RISEx against Vest+0.335%7-day average — · you sell dearer than you buy

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

Long on Vest Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.335% dearer against Vest than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CRCL-USD-PERP	90.950	−0.0086	get 0.0011% / 1h	38m 19s	—	$31K	25x
Short	RISEx CRCL/USDC	91.255	0.0271	get 0.0034% / 1h	38m 19s	$415K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee VestbpFee RISExbpOrdersPrice spread, now +0.335%Rate

Funding earned: $75.08
Price spread: +0.335% → 0.000%: $33.53
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee RISEx: 3 bp × 2 orders: −$6
Net: $100.62
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; RISEx: live order book, 5 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 Vest no order-book sample	—	—	—	—	—
Sell RISEx live order book, 5 min ago	1.64 bp	4.6 bp −$5	5.2 bp −$52	doesn't fit	doesn't fit

Vest: 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	−0.0723%	8h	91.320	+0.407%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERPlong	−0.0086%	1h	90.950	long leg	—	$31K	25x
Bybit CRCLUSDT	0.0000%	8h	91.270	+0.352%	$14.6M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.280	+0.363%	$7.8M	$27.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.349	+0.439%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.250	+0.330%	$1.0M	$48K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0040%	1h	91.239	+0.318%	$2K	$27K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.270	+0.352%	$93K	$289K	10x	as long as short
Lighter RH CRCL	+0.0048%	1h	91.292	+0.376%	$975K	$2.7M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.251	+0.331%	$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	91.140	+0.209%	$1.1M	$5.2M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.200	+0.275%	$888K	$603K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.230	+0.308%	$1.3M	$1.8M	10x	as long as short
Aster CRCLUSDT	+0.0082%	8h	91.283	+0.366%	$1.0M	$5.1M	20x	as long as short
tradeXYZ xyz:CRCL	+0.0095%	1h	91.175	+0.247%	$67.4M	$44.4M	10x	as long as short
Binance CRCLUSDT	+0.0095%	8h	91.259	+0.339%	$104.3M	$397.5M	50x	as long as short
Extended CRCL_24_5-USD	+0.0096%	1h	91.229	+0.307%	$1.0M	$5.1M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.200	+0.275%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.230	+0.308%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.200	+0.275%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.240	+0.319%	$910	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.258	+0.339%	$4	—	10x	as long as short
Polymarket Perps CRCL-USD	+0.0136%	1h	91.216	+0.292%	$382K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0164%	8h	91.228	+0.306%	$420	$905	5x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0189%	1h	91.230	+0.308%	$5K	$769K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0189%	8h	91.388	+0.481%	$67K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0190%	8h	91.340	+0.429%	$22.2M	$62.6M	50x	as long as short
BloFin CRCL-USDT	+0.0216%	8h	91.280	+0.363%	$1.1M	$1.7M	20x	as long as short
Phoenix CRCL	+0.0245%	1h	91.215	+0.291%	$27K	$82K	10x	as long as short
RISEx CRCL/USDCshort	+0.0271%	1h	91.255	+0.335%	$415K	$268K	10x
Lighter CRCL	+0.0296%	1h	91.294	+0.378%	$2.9M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0422%	1h	91.193	+0.267%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.810	+0.946%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0709%	4h	91.353	+0.443%	$52K	$277K	10x	as long as short