CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.009%

Price spread now: Pacifica against Aftermath Perps−0.031%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 Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.031% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CRCLUSD	94.299	0.0048	pay 0.0006% / 1h	33m 08s	$2K	$20K	5x
Short	Pacifica CRCL	94.270	0.0100	get 0.0013% / 1h	33m 08s	$75K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.031%Rate

Funding earned: $11
Price spread: −0.031% → 0.000%: −$3.05
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$9.06
Costs to cover: 0.170%
Break-even: 12.8 days

Slippage unknown: Aftermath Perps: no order-book sample; Pacifica: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Aftermath Perps and Pacifica: 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
Gate CRCL_USDT	0.0000%	8h	94.260	−0.041%	$7.2M	$27.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.270	−0.031%	$1.0M	$50K	10x	as long as short
QFEX CRCL-USD	+0.0033%	1h	94.290	−0.009%	$1.4M	$2.8M	10x	as long as short
Lighter RH CRCL	+0.0040%	1h	94.271	−0.029%	$889K	$2.9M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.250	−0.052%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSDlong	+0.0048%	1h	94.299	long leg	$2K	$20K	5x
Polymarket Perps CRCL-USD	+0.0050%	1h	94.229	−0.074%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.237	−0.066%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.290	−0.009%	$1.1M	$5.9M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0080%	1h	94.360	+0.065%	$939K	$742K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRCLUSDT	+0.0082%	8h	94.220	−0.084%	$15.5M	$25.9M	50x	as long as short
Pacifica CRCLshort	+0.0100%	1h	94.270	−0.031%	$75K	$99K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.280	−0.020%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.220	−0.084%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.250	−0.052%	$940	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.249	−0.053%	$4	—	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0122%	8h	94.340	+0.044%	$59K	$1.2M	10x	as long as short
Variational Omni CRCL	+0.0124%	8h	94.334	+0.037%	$2.5M	$3.2M	—	as long as short
tradeXYZ xyz:CRCL	+0.0147%	1h	94.204	−0.101%	$70.6M	$42.8M	10x	as long as short
RISEx CRCL/USDC	+0.0159%	1h	94.285	−0.015%	$430K	$310K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0163%	8h	94.285	−0.015%	$773	$740	5x	as long as short
Binance CRCLUSDT	+0.0175%	8h	94.210	−0.094%	$108.2M	$388.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0176%	1h	94.194	−0.111%	$1.1M	$3.8M	10x	as long as short
Aster CRCLUSDT	+0.0200%	8h	94.262	−0.040%	$1.1M	$4.8M	20x	as long as short
Phoenix CRCL	+0.0212%	1h	94.303	+0.004%	$28K	$92K	10x	as long as short
Arcus CRCL-USD	+0.0214%	1h	94.260	−0.041%	$97K	$275K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0219%	8h	94.220	−0.084%	$22.8M	$60.4M	50x	as long as short
Nado CRCL-PERP	+0.0280%	1h	94.232	−0.071%	$126K	$74K	3x	as long as short
BloFin CRCL-USDT	+0.0295%	8h	94.290	−0.009%	$1.1M	$580K	20x	as long as short
Lighter CRCL	+0.0312%	1h	94.283	−0.017%	$3.0M	$2.3M	10x	as long as short
Bitget CRCLUSDT	+0.0321%	8h	94.250	−0.052%	$16.6M	$35.2M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.770	+0.500%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0493%	1h	94.250	−0.052%	$4K	$771K	10x	as long as short
edgeX CRCLUSDC	+0.0599%	4h	94.304	+0.006%	$24K	$268K	10x	as long as short