CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.022%

Price spread now: Aevo against Lighter RH−0.064%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.064% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRCL	91.439	0.0176	pay 0.0022% / 1h	48m 27s	$977K	$2.7M	10x
Short	Aevo CRCL-PERP	91.381	0.0104	get 0.0013% / 1h	48m 27s	$4	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter RH. 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 Lighter RHbpFee AevobpOrdersPrice spread, now −0.064%Rate

Funding earned: −$15.12
Price spread: −0.064% → 0.000%: −$6.4
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$37.52
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 5 min ago; Aevo: 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 RH live order book, 5 min ago	3.39 bp	3.6 bp −$4	7.1 bp −$71	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0727%	8h	91.470	+0.034%	$17.4M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0084%	1h	91.110	−0.360%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.370	−0.075%	$14.7M	$26.7M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.470	+0.034%	$7.8M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.430	−0.010%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.460	+0.023%	$1.0M	$48K	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.410	−0.032%	$93K	$289K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0041%	1h	91.343	−0.106%	$2K	$27K	5x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.358	−0.089%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.290	−0.163%	$1.1M	$5.2M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CRCL-PERP-INTX	+0.0056%	1h	91.470	+0.034%	$891K	$605K	10x	as long as short
QFEX CRCL-USD	+0.0068%	1h	91.400	−0.043%	$1.3M	$1.8M	10x	as long as short
Aster CRCLUSDT	+0.0072%	8h	91.402	−0.041%	$1.0M	$5.1M	20x	as long as short
Binance CRCLUSDT	+0.0085%	8h	91.370	−0.075%	$104.4M	$397.4M	50x	as long as short
Extended CRCL_24_5-USD	+0.0088%	1h	91.396	−0.048%	$1.0M	$5.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.400	−0.043%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.390	−0.054%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.330	−0.119%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.390	−0.054%	$911	$2K	10x	as long as short
Aevo CRCL-PERPshort	+0.0104%	1h	91.381	−0.064%	$4	—	10x
tradeXYZ xyz:CRCL	+0.0163%	1h	91.290	−0.163%	$67.6M	$44.4M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0174%	8h	91.393	−0.050%	$420	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0175%	8h	91.444	+0.005%	$65K	$1.1M	10x	as long as short
Lighter RH CRCLlong	+0.0176%	1h	91.439	long leg	$977K	$2.7M	10x
OKX CRCL-USDT-SWAP	+0.0182%	8h	91.390	−0.054%	$22.2M	$62.6M	50x	as long as short
Polymarket Perps CRCL-USD	+0.0185%	1h	91.345	−0.103%	$383K	$1.3M	10x	as long as short
BloFin CRCL-USDT	+0.0205%	8h	91.410	−0.032%	$1.1M	$1.6M	20x	as long as short
edgeX CRCLUSDC	+0.0226%	4h	91.425	−0.016%	$52K	$277K	10x	as long as short
Phoenix CRCL	+0.0245%	1h	91.384	−0.060%	$27K	$82K	10x	as long as short
RISEx CRCL/USDC	+0.0271%	1h	91.406	−0.036%	$416K	$268K	10x	as long as short
Lighter CRCL	+0.0352%	1h	91.440	+0.001%	$2.9M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0407%	1h	91.370	−0.075%	$5K	$769K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.930	+0.537%	$5K	$19K	30x	as long as short
Nado CRCL-PERP	+0.0447%	1h	91.295	−0.158%	$134K	$109K	3x	as long as short