CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.052%

Price spread now: ApeX Omni against Lighter−0.133%48s7-day average — · you buy dearer than you sell

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

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.595%−$60 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.133% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CRCL	91.412	0.0280	pay 0.0035% / 1h	28m 41s	$2.9M	$2.4M	10x
Short	ApeX Omni CRCLUSDT	91.290	0.0100	get 0.0013% / 1h	28m 41s	$67K	$4K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.133%Rate

Funding earned: −$37.8
Price spread: −0.133% → 0.000%: −$13.35
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$61.15
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 9 min ago; ApeX Omni: 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 Lighter live order book, 9 min ago	2.13 bp	3.1 bp −$3	8.1 bp −$81	40.1 bp −$4,008	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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	−0.0710%	8h	91.470	+0.063%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0088%	1h	91.110	−0.330%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.400	−0.013%	$14.6M	$26.6M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.440	+0.031%	$7.8M	$27.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.369	−0.047%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.380	−0.035%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.417	+0.005%	$977K	$2.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	91.293	−0.130%	$2K	$27K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.330	−0.090%	$95K	$291K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.373	−0.043%	$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	91.240	−0.188%	$1.1M	$5.2M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.200	−0.232%	$888K	$603K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.460	+0.053%	$1.3M	$1.8M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0073%	1h	91.344	−0.074%	$67.6M	$44.4M	10x	as long as short
Aster CRCLUSDT	+0.0087%	8h	91.448	+0.039%	$1.0M	$5.1M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	91.363	−0.053%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.350	−0.068%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDTshort	+0.0100%	1h	91.290	−0.133%	$67K	$4K	50x
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.400	−0.013%	$911	$2K	10x	as long as short
Binance CRCLUSDT	+0.0100%	8h	91.390	−0.024%	$104.4M	$397.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0104%	1h	91.368	−0.048%	$1.0M	$5.0M	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.399	−0.015%	$4	—	10x	as long as short
Polymarket Perps CRCL-USD	+0.0132%	1h	91.394	−0.020%	$383K	$1.3M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0158%	8h	91.419	+0.008%	$421	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0187%	8h	91.389	−0.025%	$67K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0199%	8h	91.440	+0.031%	$22.2M	$62.5M	50x	as long as short
BloFin CRCL-USDT	+0.0220%	8h	91.410	−0.002%	$1.1M	$1.7M	20x	as long as short
Phoenix CRCL	+0.0245%	1h	91.232	−0.197%	$27K	$82K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.395	−0.019%	$416K	$268K	10x	as long as short
Lighter CRCLlong	+0.0280%	1h	91.412	long leg	$2.9M	$2.4M	10x
Deribit CRCL_USDC-PERPETUAL	+0.0298%	1h	91.370	−0.046%	$5K	$769K	10x	as long as short
Nado CRCL-PERP	+0.0408%	1h	91.352	−0.066%	$134K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.720	+0.337%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0857%	4h	91.319	−0.102%	$52K	$278K	10x	as long as short