CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.022%

Price spread now: Lighter RH against Aevo+0.014%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CRCL-PERP	94.483	0.0104	pay 0.0013% / 1h	26m 48s	$4	—	10x
Short	Lighter RH CRCL	94.496	0.0032	get 0.0004% / 1h	26m 48s	$890K	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aevo. 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 AevobpFee Lighter RHbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$15.12
Price spread: +0.014% → 0.000%: $1.36
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$29.76
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Lighter RH: 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 Aevo no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 1 min ago	2.81 bp	3.0 bp −$3	6.0 bp −$60	doesn't fit	doesn't fit

Aevo: 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.210	−0.289%	$942K	$622K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.480	−0.003%	$7.2M	$27.0M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.462	−0.022%	$68K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.460	−0.025%	$1.0M	$49K	10x	as long as short
Bybit CRCLUSDT	+0.0009%	8h	94.480	−0.003%	$15.5M	$25.6M	50x	as long as short
Bitget CRCLUSDT	+0.0029%	8h	94.490	+0.007%	$17.0M	$34.6M	25x	as long as short
Lighter RH CRCLshort	+0.0032%	1h	94.496	+0.014%	$890K	$2.8M	10x
Aftermath Perps CRCLUSD	+0.0042%	1h	94.362	−0.128%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.390	−0.099%	$1.4M	$2.6M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.350	−0.141%	—	$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	94.433	−0.053%	$71.8M	$42.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.445	−0.040%	$366K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.464	−0.020%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.310	−0.183%	$1.0M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.460	−0.025%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.450	−0.035%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.360	−0.130%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.460	−0.025%	$942	$3K	10x	as long as short
Aevo CRCL-PERPlong	+0.0104%	1h	94.483	long leg	$4	—	10x
Paradex CRCL-USD-PERP	+0.0106%	8h	94.515	+0.034%	$775	$740	5x	as long as short
Variational Omni CRCL	+0.0127%	8h	94.450	−0.035%	$2.5M	$3.1M	—	as long as short
OKX CRCL-USDT-SWAP	+0.0149%	8h	94.520	+0.039%	$22.8M	$59.5M	50x	as long as short
Binance CRCLUSDT	+0.0189%	8h	94.490	+0.008%	$109.5M	$386.1M	50x	as long as short
Extended CRCL_24_5-USD	+0.0192%	1h	94.440	−0.046%	$1.1M	$5.9M	10x	as long as short
Aster CRCLUSDT	+0.0196%	8h	94.457	−0.028%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0230%	1h	94.340	−0.151%	$132K	$76K	3x	as long as short
Phoenix CRCL	+0.0296%	1h	94.429	−0.057%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0304%	1h	94.512	+0.030%	$3.1M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0311%	8h	94.510	+0.028%	$1.1M	$561K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.890	+0.431%	$5K	$19K	30x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.380	−0.109%	$96K	$273K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.456	−0.029%	$431K	$299K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0810%	1h	94.460	−0.025%	$4K	$769K	10x	as long as short
edgeX CRCLUSDC	+0.0948%	4h	94.390	−0.098%	$24K	$269K	10x	as long as short