CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0405%/8h= −44.3% APRnext payment −$0.51 per $10,000 · paid last 24h −0.094%

Price spread now: Aftermath Perps against Injective−0.818%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aftermath Perps

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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Aftermath Perps is 0.818% cheaper against Injective than usual: you would sell low and buy high (−$82 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CRCL/USDC PERP	91.920	0.0440	pay 0.0055% / 1h	20m 57s	$40K	$170K	30x
Short	Aftermath Perps CRCLUSD	91.168	0.0035	get 0.0004% / 1h	20m 57s	$2K	$29K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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 InjectivebpFee Aftermath PerpsbpOrdersPrice spread, now −0.818%Rate

Funding earned: −$84.99
Price spread: −0.818% → 0.000%: −$81.78
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$175.79
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 3 min ago; Aftermath Perps: 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 Injective live order book, 3 min ago	28.45 bp	28.5 bp −$28	30.1 bp −$301	78767.8 bp −$7.88M	433838.9 bp −$216.92M
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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-PERP	−0.0105%	1h	91.460	−0.500%	—	$31K	25x	as long as short
Bitget CRCLUSDT	0.0000%	8h	92.090	+0.185%	$17.7M	$36.1M	25x	as long as short
Phemex CRCLUSDT	0.0000%	4h	92.170	+0.272%	$1.0M	$47K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.238	+0.346%	$996K	$2.4M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	92.020	+0.109%	$947K	$567K	10x	as long as short
Aftermath Perps CRCLUSDshort	+0.0035%	1h	91.168	−0.818%	$2K	$29K	5x
GRVT CRCL_USDT_Perp	+0.0040%	8h	91.320	−0.653%	$71K	$1.1M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	92.240	+0.348%	$96K	$278K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	92.112	+0.209%	$67.7M	$43.6M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.062	+0.154%	$380K	$999K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.120	+0.218%	$1.1M	$4.7M	10x	as long as short
QFEX CRCL-USD	+0.0065%	1h	92.010	+0.098%	$1.4M	$1.7M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.986	+0.072%	$135K	$158K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.080	+0.174%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.100	−0.892%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.250	+0.359%	$920	$1K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.297	+0.410%	$4	—	10x	as long as short
Bybit CRCLUSDT	+0.0123%	8h	92.090	+0.185%	$15.1M	$26.8M	50x	as long as short
Paradex CRCL-USD-PERP	+0.0128%	8h	91.956	+0.039%	$423	$766	5x	as long as short
Variational Omni CRCL	+0.0136%	8h	90.587	−1.450%	$2.4M	$3.3M	—	as long as short
Gate CRCL_USDT	+0.0147%	8h	92.190	+0.294%	$7.9M	$26.6M	50x	as long as short
edgeX CRCLUSDC	+0.0154%	4h	91.204	−0.778%	$52K	$270K	10x	as long as short
Lighter CRCL	+0.0184%	1h	92.234	+0.342%	$3.0M	$2.1M	10x	as long as short
Aster CRCLUSDT	+0.0216%	8h	92.190	+0.294%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0240%	1h	92.248	+0.357%	$1.1M	$5.1M	10x	as long as short
Binance CRCLUSDT	+0.0241%	8h	92.060	+0.152%	$106.0M	$388.3M	50x	as long as short
Phoenix CRCL	+0.0254%	1h	91.817	−0.112%	$27K	$66K	10x	as long as short
SoDEX CRCL-USD	+0.0264%	1h	91.812	−0.117%	$46K	$3K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0296%	8h	92.030	+0.120%	$22.5M	$62.1M	50x	as long as short
Nado CRCL-PERP	+0.0352%	1h	92.118	+0.216%	$135K	$109K	3x	as long as short
BloFin CRCL-USDT	+0.0359%	8h	92.300	+0.413%	$1.1M	$1.7M	20x	as long as short
Injective CRCL/USDC PERPlong	+0.0440%	1h	91.920	long leg	$40K	$170K	30x
RISEx CRCL/USDC	+0.0501%	1h	91.637	−0.308%	$414K	$256K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.1052%	1h	92.310	+0.424%	$5K	$760K	10x	as long as short