CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0545%/8h= +59.7% APRnext payment +$0.68 per $10,000 · paid last 24h +0.123%

Price spread now: Injective against Vest+0.309%50s7-day average — · you sell dearer than you buy

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

Long on Vest 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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Injective is 0.309% dearer against Vest than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	Vest CRCL-USD-PERP	90.510	−0.0105	get 0.0013% / 1h	24m 15s	—	$31K	25x
Short	Injective CRCL/USDC PERP	90.790	0.0440	get 0.0055% / 1h	24m 15s	$106K	$121K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Vest. 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 VestbpFee InjectivebpOrdersPrice spread, now +0.309%Rate

Funding earned: $114.49
Price spread: +0.309% → 0.000%: $30.94
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $143.41
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Vest and 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
Vest CRCL-USD-PERPlong	−0.0105%	1h	90.510	long leg	—	$31K	25x
Bybit CRCLUSDT	0.0000%	8h	91.020	+0.563%	$14.9M	$26.7M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	91.100	+0.652%	$17.5M	$36.0M	25x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	90.751	+0.266%	$71K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	90.890	+0.420%	$1.0M	$47K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.039	+0.584%	$979K	$2.4M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	90.890	+0.420%	$936K	$564K	10x	as long as short
Aftermath Perps CRCLUSD	+0.0036%	1h	90.801	+0.322%	$2K	$29K	5x	as long as short
Gate CRCL_USDT	+0.0039%	8h	91.000	+0.541%	$7.8M	$26.6M	50x	as long as short
Arcus CRCL-USD	+0.0040%	1h	90.870	+0.398%	$94K	$278K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CRCL	+0.0050%	1h	90.929	+0.463%	$67.3M	$43.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	90.849	+0.375%	$375K	$1.0M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	90.797	+0.317%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	90.600	+0.099%	$1.1M	$4.7M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	90.910	+0.442%	$1.4M	$1.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	90.830	+0.354%	$133K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	90.880	+0.409%	$2.6M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	90.690	+0.199%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	90.880	+0.409%	$906	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.045	+0.591%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0120%	8h	90.847	+0.372%	$418	$766	5x	as long as short
Variational Omni CRCL	+0.0136%	8h	90.587	+0.085%	$2.4M	$3.3M	—	as long as short
Lighter CRCL	+0.0192%	1h	91.036	+0.581%	$2.9M	$2.1M	10x	as long as short
Aster CRCLUSDT	+0.0197%	8h	90.855	+0.381%	$1.0M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0208%	1h	90.935	+0.470%	$1.1M	$5.1M	10x	as long as short
Binance CRCLUSDT	+0.0210%	8h	90.957	+0.494%	$104.3M	$386.2M	50x	as long as short
Phoenix CRCL	+0.0254%	1h	90.710	+0.221%	$27K	$66K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0280%	8h	91.060	+0.608%	$22.1M	$61.6M	50x	as long as short
BloFin CRCL-USDT	+0.0330%	8h	90.680	+0.188%	$1.1M	$1.7M	20x	as long as short
Nado CRCL-PERP	+0.0357%	1h	90.970	+0.508%	$134K	$109K	3x	as long as short
edgeX CRCLUSDC	+0.0419%	4h	90.701	+0.211%	$52K	$269K	10x	as long as short
Injective CRCL/USDC PERPshort	+0.0440%	1h	90.790	+0.309%	$106K	$121K	30x
RISEx CRCL/USDC	+0.0501%	1h	90.843	+0.368%	$410K	$257K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0520%	1h	91.020	+0.563%	$5K	$760K	10x	as long as short