CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.102%

Price spread now: ApeX Omni against Injective−1.036%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 ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.652%−$65 on $10k

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 −$10 a day on $10k at the current rate, and ApeX Omni is 1.036% cheaper against Injective than usual: you would sell low and buy high (−$104 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	95.560	0.0440	pay 0.0055% / 1h	13m 19s	$5K	$19K	30x
Short	ApeX Omni CRCLUSDT	94.570	0.0100	get 0.0013% / 1h	13m 19s	$70K	$4K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −1.036%Rate

Funding earned: −$71.4
Price spread: −1.036% → 0.000%: −$103.6
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$185.02
Costs to cover: 0.100%
Break-even: never at this rate

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

Injective and ApeX Omni: 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
Gate CRCL_USDT	0.0000%	8h	94.600	−1.005%	$7.2M	$27.8M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.610	−0.994%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.530	−1.078%	$1.4M	$2.7M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.567	−1.039%	$893K	$2.9M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.510	−1.099%	$940K	$723K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.520	−1.088%	—	$45K	25x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	94.532	−1.076%	$366K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.537	−1.071%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.470	−1.141%	$1.1M	$5.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0051%	1h	94.598	−1.007%	$2K	$21K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRCLUSDT	+0.0097%	8h	94.560	−1.046%	$15.5M	$25.9M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	94.540	−1.067%	$76K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.600	−1.005%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDTshort	+0.0100%	1h	94.570	−1.036%	$70K	$4K	50x
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.560	−1.046%	$943	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.578	−1.027%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0114%	8h	94.553	−1.054%	$775	$740	5x	as long as short
tradeXYZ xyz:CRCL	+0.0143%	1h	94.498	−1.111%	$71.6M	$43.6M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0186%	8h	94.560	−1.046%	$22.8M	$60.8M	50x	as long as short
Variational Omni CRCL	+0.0193%	8h	94.671	−0.930%	$2.5M	$3.1M	—	as long as short
Extended CRCL_24_5-USD	+0.0248%	1h	94.522	−1.086%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0249%	8h	94.543	−1.064%	$109.4M	$390.8M	50x	as long as short
Aster CRCLUSDT	+0.0251%	8h	94.580	−1.026%	$1.1M	$4.9M	20x	as long as short
GRVT CRCL_USDT_Perp	+0.0251%	8h	94.670	−0.931%	$54K	$1.1M	10x	as long as short
Nado CRCL-PERP	+0.0262%	1h	94.513	−1.096%	$132K	$76K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0279%	1h	94.530	−1.078%	$4K	$772K	10x	as long as short
Phoenix CRCL	+0.0288%	1h	94.530	−1.078%	$28K	$92K	10x	as long as short
Bitget CRCLUSDT	+0.0296%	8h	94.570	−1.036%	$16.9M	$35.5M	25x	as long as short
Lighter CRCL	+0.0320%	1h	94.576	−1.030%	$3.1M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0369%	8h	94.530	−1.078%	$1.1M	$599K	20x	as long as short
Injective CRCL/USDC PERPlong	+0.0440%	1h	95.560	long leg	$5K	$19K	30x
edgeX CRCLUSDC	+0.0477%	4h	94.619	−0.985%	$24K	$269K	10x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.550	−1.057%	$97K	$276K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.565	−1.041%	$431K	$303K	10x	as long as short