Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / RWA

CRCL

RWAAll CRCL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKCRCL2USD-USDT
84.190+0.0393pay 0.0393% / 8h4h 04m$931K$7.3M—Long BingX
SHORT
LighterCRCL
84.169+0.0408get 0.0051% / 1h4m 19s$1.3M$8.8M10xShort Lighter7d free
Price gap−0.025%
Funding gap+0.0015% /8h

Funding trade: $0 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

Funding on this pair cost 0.463% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$46+0.0015% /8h now · paid −0.463% over the last 7D
Price+$1spread −0.025% now, avg −0.030% → +0.005% if it goes back
Costs−$160.160% of $10k · taker + slippage, in and out
Result−$62−0.62%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.025%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CRCL on 37 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books6.2 / 1.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage— + $1,000
    BingX —, Lighter 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.45Long BingX: 3 payments, −$11.79; short Lighter: 24 payments, +$12.24.
  • Note: Gap at its usual level−0.025% vs −0.030%
    The price leg adds little either way.
  • Watch: Long leg is thinner$931K vs $1.3M OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Lighter No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0220%/8h × 21 periods−$46.26
Price spread−0.025% → −0.030% (7d avg)+$0.54
Slippage, 4 orderslive order books−$5.97
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$61.69
Costs to cover0.160%Break-evennever at this rate
Slippage: BingX: live order book, 13 min ago; Lighter: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX1.196.2 bp−$67.8 bp−$7815.1 bp−$1,51570.8 bp−$35.4K
SELL · SHORTLighter0.651.0 bp−$15.0 bp−$5035.0 bp−$3,498doesn’t fit

Closing costs about the same again.

Alert

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchangeSearch all news →
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-23 11:17BitgetOtherIf you're already trading $S, $MSTR, $CRCL, $TSLA and other top stocks and commodities, why not check these campaigns to earn rewards too! ⤵️ @bitget on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market CRCL/USD ($CRCL) seen by our collector
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗
09-17 02:09SoDEXOther📊 SoDEX 24h Movers · Sep 17 77 of 93 markets higher. The Fed's 25-basis-point rate hike dragged down US equities and crypto-related stocks, while select altcoins bucked the trend. Saudi efforts to restore pipeline capacity weighed on oil prices. What moved them $ZEC · Whale short positions face severe unrealized losses, potentially fueling a short squeeze. ARB · Tokenized card platform Deadstock completed a $2.5M seed round on Arbitrum. ONDO · Ondo's subsidiary became the first tokenized firm to join the DTCC Fund/SERV network. CRCL · Crypto-related stocks fell with the broader US market following the Fed rate hike. HOOD · Crypto-related stocks declined alongside the broader market after the Fed rate decision. 77 up · 15 down · 1 flat across 93 perp markets. 25 also trade spot. @sodex_official on X ↗
09-16 13:44DeribitListing🚨 Always Open. To More. Now live on Deribit: Trade 17 new equity and ETF perpetuals across technology, ETFs, semiconductors, fintech, and crypto linked equities. All settled in USDC. MSTR · CRCL · NVDA · MSFT · META · TSLA · AAPL · GOOGL · AMZN · QQQ · SPY · AMD · HOOD · INTC · MRVL · SPCX · TSM This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Deribit. Always Open. Equity, Commodity and Pre-IPO perpetuals are offered under the Limited Licence Approval Deribit FZE received from VARA, and are subject to the conditions, eligibility requirements and restrictions applicable to that approval. @DeribitOfficial on X ↗