CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h +0.042%

Price spread now: Lighter against Aftermath Perps−0.004%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · 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: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CRCLUSD	91.170	0.0037	pay 0.0005% / 1h	38m 08s	$2K	$29K	5x
Short	Lighter CRCL	91.166	0.0216	get 0.0027% / 1h	38m 08s	$2.9M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. 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 Aftermath PerpsbpFee LighterbpOrdersPrice spread, now −0.004%Rate

Funding earned: $37.55
Price spread: −0.004% → 0.000%: −$0.39
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $28.16
Costs to cover: 0.090%
Break-even: 1.8 days

Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 4 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	1.86 bp	2.3 bp −$2	7.3 bp −$73	36.8 bp −$3,682	doesn't fit

Aftermath Perps: 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	−0.0115%	8h	91.230	+0.066%	$17.3M	$36.3M	25x	as long as short
Vest CRCL-USD-PERP	−0.0094%	1h	90.940	−0.252%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.170	0.000%	$14.9M	$26.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.220	+0.055%	$1.0M	$48K	10x	as long as short
Gate CRCL_USDT	+0.0009%	8h	91.250	+0.088%	$7.8M	$26.4M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.167	−0.003%	$981K	$2.4M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	91.190	+0.022%	$872K	$505K	10x	as long as short
Aftermath Perps CRCLUSDlong	+0.0037%	1h	91.170	long leg	$2K	$29K	5x
Arcus CRCL-USD	+0.0040%	1h	91.150	−0.021%	$95K	$285K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.123	−0.051%	$67.1M	$44.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CRCL-USD	+0.0050%	1h	91.100	−0.076%	$376K	$1.2M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.173	+0.004%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.030	−0.153%	$1.1M	$4.7M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	91.180	+0.011%	$1.3M	$1.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.150	−0.021%	$134K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.220	+0.055%	$2.6M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.130	−0.043%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.190	+0.022%	$909	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.187	+0.020%	$4	—	10x	as long as short
edgeX CRCLUSDC	+0.0131%	4h	91.221	+0.056%	$52K	$269K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0136%	8h	91.123	−0.051%	$419	$766	5x	as long as short
Variational Omni CRCL	+0.0155%	8h	91.190	+0.022%	$2.4M	$3.3M	—	as long as short
Lighter CRCLshort	+0.0216%	1h	91.166	−0.004%	$2.9M	$2.1M	10x
Aster CRCLUSDT	+0.0217%	8h	91.203	+0.036%	$1.0M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0232%	1h	91.168	−0.002%	$1.1M	$5.1M	10x	as long as short
Binance CRCLUSDT	+0.0232%	8h	91.172	+0.003%	$104.8M	$387.5M	50x	as long as short
Phoenix CRCL	+0.0254%	1h	91.196	+0.029%	$27K	$66K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0296%	8h	91.230	+0.066%	$22.3M	$61.5M	50x	as long as short
GRVT CRCL_USDT_Perp	+0.0326%	8h	91.300	+0.143%	$62K	$1.1M	10x	as long as short
BloFin CRCL-USDT	+0.0353%	8h	91.180	+0.011%	$1.1M	$1.7M	20x	as long as short
Nado CRCL-PERP	+0.0369%	1h	91.094	−0.083%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.170	+1.097%	$5K	$19K	30x	as long as short
RISEx CRCL/USDC	+0.0501%	1h	91.220	+0.055%	$412K	$258K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0518%	1h	91.160	−0.010%	$5K	$769K	10x	as long as short