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: Injective against Pacifica+0.695%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Injective

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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.695% dearer against Pacifica than usual: you sell high and buy low: +$70 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	Pacifica CRCL	94.900	0.0100	pay 0.0013% / 1h	43m 25s	$76K	$99K	10x
Short	Injective CRCL/USDC PERP	95.560	0.0440	get 0.0055% / 1h	43m 25s	$5K	$19K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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 PacificabpFee InjectivebpOrdersPrice spread, now +0.695%Rate

Funding earned: $71.4
Price spread: +0.695% → 0.000%: $69.55
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $132.93
Costs to cover: 0.080%
Break-even: from the start

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

Pacifica 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
Gate CRCL_USDT	0.0000%	8h	94.860	−0.042%	$7.3M	$27.5M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.780	−0.126%	$1.0M	$52K	10x	as long as short
QFEX CRCL-USD	+0.0022%	1h	94.840	−0.063%	$1.4M	$2.7M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0032%	1h	94.690	−0.221%	$942K	$724K	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.770	−0.137%	—	$45K	25x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.730	−0.179%	$1.1M	$5.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0052%	1h	94.692	−0.220%	$2K	$21K	5x	as long as short
SoDEX CRCL-USD	+0.0064%	1h	94.797	−0.109%	$48K	$3K	10x	as long as short
Polymarket Perps CRCL-USD	+0.0071%	1h	94.781	−0.125%	$367K	$1.1M	10x	as long as short
Lighter RH CRCL	+0.0088%	1h	94.926	+0.027%	$895K	$2.9M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRCLlong	+0.0100%	1h	94.900	long leg	$76K	$99K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.750	−0.158%	$3.0M	$1.8M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.720	−0.190%	$70K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.810	−0.095%	$945	$3K	10x	as long as short
Bybit CRCLUSDT	+0.0104%	8h	94.830	−0.074%	$15.6M	$25.9M	50x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.839	−0.064%	$4	—	10x	as long as short
Variational Omni CRCL	+0.0122%	8h	94.663	−0.250%	$2.5M	$3.1M	—	as long as short
Paradex CRCL-USD-PERP	+0.0136%	8h	94.871	−0.031%	$778	$740	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0165%	8h	94.850	−0.052%	$62K	$1.1M	10x	as long as short
Extended CRCL_24_5-USD	+0.0184%	1h	94.804	−0.101%	$1.1M	$3.8M	10x	as long as short
Binance CRCLUSDT	+0.0186%	8h	94.850	−0.053%	$109.7M	$389.6M	50x	as long as short
Aster CRCLUSDT	+0.0199%	8h	94.800	−0.105%	$1.1M	$4.9M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0206%	8h	94.830	−0.074%	$22.9M	$60.8M	50x	as long as short
edgeX CRCLUSDC	+0.0223%	4h	94.814	−0.090%	$24K	$269K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0285%	1h	94.801	−0.104%	$71.2M	$42.9M	10x	as long as short
Phoenix CRCL	+0.0288%	1h	94.878	−0.023%	$28K	$92K	10x	as long as short
BloFin CRCL-USDT	+0.0296%	8h	94.830	−0.074%	$1.1M	$595K	20x	as long as short
Nado CRCL-PERP	+0.0310%	1h	94.807	−0.098%	$127K	$73K	3x	as long as short
Bitget CRCLUSDT	+0.0317%	8h	94.820	−0.084%	$17.0M	$35.4M	25x	as long as short
Injective CRCL/USDC PERPshort	+0.0440%	1h	95.560	+0.695%	$5K	$19K	30x
Lighter CRCL	+0.0456%	1h	94.937	+0.039%	$3.1M	$2.2M	10x	as long as short
Arcus CRCL-USD	+0.0533%	1h	94.840	−0.063%	$97K	$275K	10x	as long as short
RISEx CRCL/USDC	+0.0534%	1h	94.860	−0.042%	$433K	$312K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0805%	1h	94.890	−0.011%	$4K	$772K	10x	as long as short