CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.122%

Price spread now: Injective against Lighter RH+0.463%67s7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.749%+$75 on $10k

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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and Injective is 0.463% dearer against Lighter RH than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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 RH CRCL	91.974	0.0032	pay 0.0004% / 1h	16m 10s	$975K	$2.9M	10x
Short	Injective CRCL/USDC PERP	92.400	0.0440	get 0.0055% / 1h	16m 10s	$5K	$19K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.463%Rate

Funding earned: $85.68
Price spread: +0.463% → 0.000%: $46.32
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $131.98
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 2 min ago; Injective: 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, 2 min ago	2.01 bp	3.4 bp −$3	8.9 bp −$89	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0984%	8h	91.990	+0.017%	$16.5M	$35.1M	25x	as long as short
Vest CRCL-USD-PERP	−0.0069%	1h	91.660	−0.341%	—	$31K	25x	as long as short
Aster CRCLUSDT	0.0000%	8h	91.907	−0.073%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.915	−0.064%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.968	−0.006%	$104.7M	$389.6M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.970	−0.004%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.950	−0.026%	$418K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.030	+0.061%	$7.2M	$27.3M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.929	−0.049%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.850	−0.135%	$64K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	91.910	−0.070%	$1.0M	$49K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0016%	1h	91.790	−0.200%	$906K	$490K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0026%	8h	91.990	+0.017%	$22.1M	$61.2M	50x	as long as short
QFEX CRCL-USD	+0.0028%	1h	91.910	−0.070%	$1.3M	$2.0M	10x	as long as short
Lighter RH CRCLlong	+0.0032%	1h	91.974	long leg	$975K	$2.9M	10x
Aftermath Perps CRCLUSD	+0.0034%	1h	91.886	−0.096%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.840	−0.146%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.883	−0.099%	$68.5M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.913	−0.066%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.945	−0.032%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.760	−0.233%	$1.0M	$5.1M	10x	as long as short
edgeX CRCLUSDC	+0.0065%	4h	91.827	−0.160%	$51K	$276K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.949	−0.027%	$135K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.880	−0.102%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.710	−0.287%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.910	−0.070%	$916	$2K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0101%	8h	91.927	−0.051%	$423	$905	5x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.919	−0.059%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.950	−0.026%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	91.825	−0.162%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0192%	1h	91.973	−0.001%	$3.0M	$2.4M	10x	as long as short
Nado CRCL-PERP	+0.0302%	1h	91.874	−0.108%	$131K	$104K	3x	as long as short
Injective CRCL/USDC PERPshort	+0.0440%	1h	92.400	+0.463%	$5K	$19K	30x
Deribit CRCL_USDC-PERPETUAL	+0.0730%	1h	91.940	−0.037%	$4K	$767K	10x	as long as short