CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.102%

Price spread now: Pacifica against Injective−0.808%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 Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.808% cheaper against Injective than usual: you would sell low and buy high (−$81 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	94.410	0.0440	pay 0.0055% / 1h	2m 22s	$5K	$19K	30x
Short	Pacifica CRCL	93.647	0.0100	get 0.0013% / 1h	2m 22s	$75K	$96K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.808%Rate

Funding earned: −$71.4
Price spread: −0.808% → 0.000%: −$80.83
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$160.25
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Pacifica: 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 Pacifica no order-book sample	—	—	—	—	—

Injective and 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	93.700	−0.752%	$937K	$601K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	93.660	−0.794%	$15.4M	$25.4M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	93.720	−0.731%	$7.2M	$27.2M	50x	as long as short
Bitget CRCLUSDT	0.0000%	8h	93.680	−0.773%	$16.7M	$34.3M	25x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	93.950	−0.487%	$62K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	93.670	−0.784%	$1.0M	$49K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	93.657	−0.798%	$980K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0037%	1h	93.902	−0.538%	$2K	$22K	5x	as long as short
QFEX CRCL-USD	+0.0042%	1h	93.670	−0.784%	$1.3M	$2.5M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	93.520	−0.943%	—	$37K	25x	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	93.610	−0.847%	$71.6M	$40.9M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	93.639	−0.817%	$363K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	93.640	−0.816%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	93.610	−0.847%	$1.1M	$5.7M	10x	as long as short
Variational Omni CRCL	+0.0078%	8h	93.978	−0.458%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERP	+0.0099%	8h	93.634	−0.822%	$768	$740	5x	as long as short
Pacifica CRCLshort	+0.0100%	1h	93.647	−0.808%	$75K	$96K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	93.700	−0.752%	$2.9M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	93.940	−0.498%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	93.650	−0.805%	$934	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	93.649	−0.806%	$4	—	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0125%	8h	93.660	−0.794%	$22.7M	$58.6M	50x	as long as short
Binance CRCLUSDT	+0.0144%	8h	93.656	−0.798%	$108.5M	$385.3M	50x	as long as short
Extended CRCL_24_5-USD	+0.0144%	1h	93.624	−0.833%	$1.1M	$5.7M	10x	as long as short
Aster CRCLUSDT	+0.0152%	8h	93.657	−0.797%	$1.1M	$4.9M	20x	as long as short
Nado CRCL-PERP	+0.0232%	1h	93.632	−0.824%	$155K	$90K	3x	as long as short
BloFin CRCL-USDT	+0.0267%	8h	93.750	−0.699%	$1.1M	$574K	20x	as long as short
Phoenix CRCL	+0.0296%	1h	93.980	−0.455%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0328%	1h	93.728	−0.722%	$3.0M	$2.3M	10x	as long as short
edgeX CRCLUSDC	+0.0340%	4h	94.103	−0.325%	$24K	$267K	10x	as long as short
Injective CRCL/USDC PERPlong	+0.0440%	1h	94.410	long leg	$5K	$19K	30x
Arcus CRCL-USD	+0.0521%	1h	93.890	−0.551%	$96K	$271K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	93.650	−0.805%	$428K	$297K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0712%	1h	93.620	−0.837%	$4K	$769K	10x	as long as short