CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h −0.058%

Price spread now: SoDEX against Lighter+0.010%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on SoDEX

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 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: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CRCL	91.718	0.0264	pay 0.0033% / 1h	5m 24s	$3.0M	$2.4M	10x
Short	SoDEX CRCL-USD	91.727	0.0050	get 0.0006% / 1h	5m 24s	$46K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$44.94
Price spread: +0.010% → 0.000%: $0.98
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$51.96
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 7 min ago; SoDEX: 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, 7 min ago	1.91 bp	2.0 bp −$2	11.3 bp −$113	39.8 bp −$3,983	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0861%	8h	91.770	+0.057%	$17.3M	$36.9M	25x	as long as short
Vest CRCL-USD-PERP	−0.0081%	1h	91.420	−0.325%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.690	−0.031%	$14.7M	$26.8M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.750	+0.035%	$7.7M	$27.7M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.719	+0.001%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.700	−0.020%	$1.0M	$48K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.713	−0.005%	$978K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0038%	1h	91.545	−0.189%	$2K	$27K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.610	−0.118%	$93K	$289K	10x	as long as short
Aster CRCLUSDT	+0.0045%	8h	91.583	−0.147%	$1.0M	$5.1M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CRCL-USDshort	+0.0050%	1h	91.727	+0.010%	$46K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.630	−0.096%	$1.1M	$5.2M	10x	as long as short
QFEX CRCL-USD	+0.0054%	1h	91.700	−0.020%	$1.3M	$1.8M	10x	as long as short
Extended CRCL_24_5-USD	+0.0056%	1h	91.664	−0.059%	$1.0M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0059%	8h	91.680	−0.041%	$104.7M	$397.6M	50x	as long as short
Polymarket Perps CRCL-USD	+0.0060%	1h	91.676	−0.046%	$384K	$1.3M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	91.590	−0.140%	$892K	$606K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0078%	1h	91.650	−0.074%	$67.9M	$44.3M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.730	+0.014%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.590	−0.140%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.570	−0.161%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.720	+0.002%	$914	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.718	0.000%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	91.700	−0.020%	$418K	$277K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0147%	8h	91.730	+0.013%	$65K	$1.1M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0151%	8h	91.699	−0.021%	$422	$905	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0156%	8h	91.710	−0.009%	$22.3M	$62.8M	50x	as long as short
BloFin CRCL-USDT	+0.0176%	8h	91.750	+0.035%	$1.1M	$1.6M	20x	as long as short
Phoenix CRCL	+0.0210%	1h	91.654	−0.070%	$27K	$82K	10x	as long as short
Lighter CRCLlong	+0.0264%	1h	91.718	long leg	$3.0M	$2.4M	10x
Nado CRCL-PERP	+0.0340%	1h	91.596	−0.133%	$133K	$108K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.150	+0.471%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0609%	4h	91.726	+0.009%	$52K	$277K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0841%	1h	91.720	+0.002%	$5K	$769K	10x	as long as short