CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.014%

Price spread now: Pacifica against Lighter RH−0.077%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 Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

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

Together, before fees—+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.077% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRCL	94.471	0.0032	pay 0.0004% / 1h	3m 21s	$881K	$2.9M	10x
Short	Pacifica CRCL	94.398	0.0100	get 0.0013% / 1h	3m 21s	$76K	$100K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.077%Rate

Funding earned: $14.28
Price spread: −0.077% → 0.000%: −$7.71
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$1.43
Costs to cover: 0.080%
Break-even: 7.7 days

Slippage unknown: Lighter RH: live order book, 5 min ago; Pacifica: 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	3.23 bp	3.6 bp −$4	6.4 bp −$64	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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
RISEx CRCL/USDC	0.0000%	1h	94.460	−0.012%	$431K	$310K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.440	−0.033%	$7.2M	$27.8M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.417	−0.057%	$50K	$1.2M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	94.420	−0.054%	$4K	$771K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.430	−0.043%	$1.0M	$50K	10x	as long as short
Variational Omni CRCL	+0.0011%	8h	94.421	−0.053%	$2.5M	$3.2M	—	as long as short
QFEX CRCL-USD	+0.0020%	1h	94.430	−0.043%	$1.4M	$2.7M	10x	as long as short
Bybit CRCLUSDT	+0.0027%	8h	94.440	−0.033%	$15.5M	$25.9M	50x	as long as short
Lighter RH CRCLlong	+0.0032%	1h	94.471	long leg	$881K	$2.9M	10x
edgeX CRCLUSDC	+0.0039%	4h	94.414	−0.060%	$24K	$267K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSD	+0.0042%	1h	94.463	−0.008%	$2K	$19K	5x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.390	−0.086%	—	$45K	25x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	94.395	−0.080%	$70.8M	$42.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.393	−0.083%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.403	−0.072%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.350	−0.128%	$1.1M	$5.9M	10x	as long as short
Extended CRCL_24_5-USD	+0.0056%	1h	94.415	−0.059%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0059%	8h	94.421	−0.053%	$108.4M	$389.3M	50x	as long as short
Aster CRCLUSDT	+0.0095%	8h	94.433	−0.040%	$1.1M	$4.8M	20x	as long as short
Pacifica CRCLshort	+0.0100%	1h	94.398	−0.077%	$76K	$100K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.440	−0.033%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.350	−0.128%	$69K	$5K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.400	−0.075%	$941	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.432	−0.042%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0139%	8h	94.441	−0.032%	$774	$740	5x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0144%	1h	94.390	−0.086%	$939K	$743K	10x	as long as short
BloFin CRCL-USDT	+0.0178%	8h	94.400	−0.075%	$1.1M	$588K	20x	as long as short
Nado CRCL-PERP	+0.0194%	1h	94.380	−0.096%	$127K	$73K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0207%	8h	94.430	−0.043%	$22.8M	$60.6M	50x	as long as short
Phoenix CRCL	+0.0228%	1h	94.456	−0.016%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0288%	1h	94.489	+0.019%	$3.1M	$2.4M	10x	as long as short
Bitget CRCLUSDT	+0.0319%	8h	94.450	−0.022%	$16.7M	$35.2M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.920	+0.475%	$5K	$20K	30x	as long as short
Arcus CRCL-USD	+0.0560%	1h	94.430	−0.043%	$97K	$274K	10x	as long as short