CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0440%/8h= +48.2% APRnext payment +$0.55 per $10,000 · paid last 24h +0.036%

Price spread now: Injective against RISEx+0.545%7-day average — · you sell dearer than you buy

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

Long on RISEx Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Injective is 0.545% dearer against RISEx than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CRCL/USDC	91.700	0	get 0.0000% / 1h	29m 43s	$419K	$298K	10x
Short	Injective CRCL/USDC PERP	92.200	0.0440	get 0.0055% / 1h	29m 43s	$5K	$19K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against RISEx. 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 RISExbpFee InjectivebpOrdersPrice spread, now +0.545%Rate

Funding earned: $92.4
Price spread: +0.545% → 0.000%: $54.53
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $140.91
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: RISEx: live order book, 34 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 RISEx live order book, 34 min ago	1.63 bp	4.6 bp −$5	5.7 bp −$57	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	−0.1314%	8h	91.700	0.000%	$15.9M	$34.7M	25x	as long as short
Vest CRCL-USD-PERP	−0.0076%	1h	91.480	−0.240%	—	$35K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.690	−0.011%	$905K	$529K	10x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.616	−0.092%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.667	−0.036%	$104.6M	$384.9M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.690	−0.011%	$15.0M	$25.7M	50x	as long as short
RISEx CRCL/USDClong	0.0000%	1h	91.700	long leg	$419K	$298K	10x
Gate CRCL_USDT	0.0000%	8h	91.680	−0.022%	$7.1M	$26.6M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.746	+0.050%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.639	−0.067%	$65K	$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	91.640	−0.065%	$1.0M	$49K	10x	as long as short
Aster CRCLUSDT	+0.0002%	8h	91.651	−0.053%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0011%	8h	91.690	−0.011%	$21.5M	$59.4M	50x	as long as short
Aftermath Perps CRCLUSD	+0.0018%	1h	91.609	−0.100%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.660	−0.044%	$1.3M	$2.1M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.685	−0.016%	$973K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.630	−0.076%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.626	−0.081%	$68.5M	$41.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.668	−0.035%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.639	−0.067%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.800	+0.109%	$970K	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0068%	8h	91.697	−0.003%	$752	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.728	+0.031%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.670	−0.033%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.610	−0.098%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.630	−0.076%	$914	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.634	−0.072%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0109%	8h	91.790	+0.098%	$1.1M	$1.3M	20x	as long as short
Nado CRCL-PERP	+0.0179%	1h	91.646	−0.059%	$131K	$104K	3x	as long as short
Phoenix CRCL	+0.0183%	1h	91.608	−0.100%	$27K	$84K	10x	as long as short
Lighter CRCL	+0.0208%	1h	91.681	−0.021%	$3.0M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0296%	1h	91.650	−0.055%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERPshort	+0.0440%	1h	92.200	+0.545%	$5K	$19K	30x
edgeX CRCLUSDC	+0.0590%	4h	91.601	−0.108%	$23K	$268K	10x	as long as short