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: Lighter RH against Pacifica+0.024%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Lighter RH

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 airdropPacifica: Active · Lighter RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Lighter RH is 0.024% dearer against Pacifica than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CRCL	94.416	0.0100	pay 0.0013% / 1h	4m 59s	$76K	$100K	10x
Short	Lighter RH CRCL	94.439	0.0032	get 0.0004% / 1h	4m 59s	$881K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Pacifica. 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 PacificabpFee Lighter RHbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$14.28
Price spread: +0.024% → 0.000%: $2.44
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$19.84
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Lighter RH: live order book, 3 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 3 min ago	3.23 bp	3.3 bp −$3	6.4 bp −$64	doesn't fit	doesn't fit

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	94.425	+0.010%	$431K	$310K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.420	+0.004%	$7.2M	$27.8M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.411	−0.006%	$50K	$1.2M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	0.0000%	1h	94.440	+0.025%	$4K	$771K	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.430	+0.015%	$1.0M	$50K	10x	as long as short
Variational Omni CRCL	+0.0011%	8h	94.421	+0.005%	$2.5M	$3.2M	—	as long as short
QFEX CRCL-USD	+0.0020%	1h	94.410	−0.006%	$1.4M	$2.7M	10x	as long as short
Bybit CRCLUSDT	+0.0030%	8h	94.430	+0.015%	$15.5M	$25.9M	50x	as long as short
Lighter RH CRCLshort	+0.0032%	1h	94.439	+0.024%	$881K	$2.9M	10x
Aftermath Perps CRCLUSD	+0.0043%	1h	94.432	+0.017%	$2K	$19K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRCL-USD-PERP	+0.0046%	1h	94.360	−0.059%	—	$45K	25x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	94.388	−0.030%	$70.9M	$42.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.419	+0.003%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.403	−0.014%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.290	−0.133%	$1.1M	$5.9M	10x	as long as short
Extended CRCL_24_5-USD	+0.0056%	1h	94.400	−0.017%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0058%	8h	94.410	−0.006%	$108.4M	$389.3M	50x	as long as short
Aster CRCLUSDT	+0.0095%	8h	94.463	+0.050%	$1.1M	$4.8M	20x	as long as short
Pacifica CRCLlong	+0.0100%	1h	94.416	long leg	$76K	$100K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.440	+0.025%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.360	−0.059%	$69K	$5K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.410	−0.006%	$941	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.439	+0.024%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0144%	8h	94.453	+0.039%	$775	$740	5x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0144%	1h	94.390	−0.028%	$939K	$743K	10x	as long as short
BloFin CRCL-USDT	+0.0178%	8h	94.400	−0.017%	$1.1M	$588K	20x	as long as short
Nado CRCL-PERP	+0.0201%	1h	94.426	+0.011%	$127K	$73K	3x	as long as short
OKX CRCL-USDT-SWAP	+0.0211%	8h	94.420	+0.004%	$22.8M	$60.6M	50x	as long as short
Phoenix CRCL	+0.0228%	1h	94.456	+0.042%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0288%	1h	94.453	+0.039%	$3.1M	$2.4M	10x	as long as short
Bitget CRCLUSDT	+0.0324%	8h	94.430	+0.015%	$16.7M	$35.2M	25x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.920	+0.534%	$5K	$20K	30x	as long as short
Arcus CRCL-USD	+0.0560%	1h	94.420	+0.004%	$97K	$274K	10x	as long as short
edgeX CRCLUSDC	+0.0614%	4h	94.419	+0.003%	$24K	$267K	10x	as long as short