CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.016%

Price spread now: SoDEX against Lighter RH−0.119%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 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 RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.119% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 22 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRCL	90.910	0.0032	pay 0.0004% / 1h	25m 55s	$970K	$2.9M	10x
Short	SoDEX CRCL-USD	90.802	0.0050	get 0.0006% / 1h	25m 55s	$46K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.119%Rate

Funding earned: $3.78
Price spread: −0.119% → 0.000%: −$11.88
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$16.1
Costs to cover: 0.080%
Break-even: 36.8 days

Slippage unknown: Lighter RH: live order book, 2 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 RH live order book, 2 min ago	1.10 bp	1.7 bp −$2	7.4 bp −$74	doesn't fit	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	−0.0951%	8h	90.950	+0.044%	$16.6M	$36.4M	25x	as long as short
Vest CRCL-USD-PERP	−0.0073%	1h	90.590	−0.352%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	90.830	−0.088%	$14.5M	$26.8M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	90.940	+0.033%	$7.5M	$27.4M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	90.870	−0.044%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	90.870	−0.044%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0011%	8h	90.863	−0.052%	$1.0M	$5.1M	20x	as long as short
Binance CRCLUSDT	+0.0023%	8h	90.865	−0.049%	$103.3M	$395.7M	50x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	90.822	−0.097%	$1.0M	$5.7M	10x	as long as short
edgeX CRCLUSDC	+0.0027%	4h	91.211	+0.331%	$52K	$278K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRCLlong	+0.0032%	1h	90.910	long leg	$970K	$2.9M	10x
Arcus CRCL-USD	+0.0040%	1h	90.950	+0.044%	$92K	$291K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0040%	1h	91.016	+0.117%	$2K	$26K	5x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	90.812	−0.108%	$67.9M	$43.5M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	90.864	−0.051%	$381K	$1.3M	10x	as long as short
SoDEX CRCL-USDshort	+0.0050%	1h	90.802	−0.119%	$46K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	90.770	−0.154%	$999K	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0054%	1h	90.880	−0.033%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0072%	1h	90.670	−0.264%	$883K	$586K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0089%	8h	90.838	−0.080%	$418	$905	5x	as long as short
BloFin CRCL-USDT	+0.0096%	8h	90.820	−0.099%	$1.1M	$1.6M	20x	as long as short
Pacifica CRCL	+0.0100%	1h	90.833	−0.085%	$133K	$161K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	90.860	−0.055%	$2.7M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.130	+0.242%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	90.860	−0.055%	$906	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	90.870	−0.045%	$4	—	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0105%	8h	91.230	+0.352%	$62K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0111%	8h	90.870	−0.044%	$21.9M	$61.8M	50x	as long as short
RISEx CRCL/USDC	+0.0117%	1h	90.861	−0.054%	$414K	$294K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0190%	1h	90.880	−0.033%	$4K	$768K	10x	as long as short
Lighter CRCL	+0.0208%	1h	90.907	−0.003%	$2.9M	$2.4M	10x	as long as short
Phoenix CRCL	+0.0210%	1h	91.148	+0.262%	$27K	$82K	10x	as long as short
Nado CRCL-PERP	+0.0302%	1h	90.845	−0.071%	$132K	$109K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.650	+0.814%	$5K	$19K	30x	as long as short