CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.066%

Price spread now: Pacifica against RISEx+0.021%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$780.780% of the position

Long on RISEx Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.021% dearer against RISEx than usual: you sell high and buy low: +$2 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	RISEx CRCL/USDC	91.177	0	get 0.0000% / 1h	47m 39s	$416K	$297K	10x
Short	Pacifica CRCL	91.196	0.0100	get 0.0013% / 1h	47m 39s	$132K	$157K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against RISEx. 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 RISExbpFee PacificabpOrdersPrice spread, now +0.021%Rate

Funding earned: $21
Price spread: +0.021% → 0.000%: $2.06
Slippage, 4 orders: −$63.99
Fee RISEx: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$54.93
Costs to cover: 0.780%
Break-even: 25.3 days

Slippage from RISEx: live order book, 16 min ago; Pacifica: live order book, 61 min ago.

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 RISEx live order book, 16 min ago	1.63 bp	4.6 bp −$5	5.7 bp −$57	doesn't fit	doesn't fit
Sell Pacifica live order book, 61 min ago	25.99 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit

CRCL on 33 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
Bitget CRCLUSDT	−0.1250%	8h	91.280	+0.113%	$15.6M	$34.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0075%	1h	90.840	−0.369%	—	$35K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.160	−0.019%	$900K	$535K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.200	+0.025%	$14.9M	$25.6M	50x	as long as short
RISEx CRCL/USDClong	0.0000%	1h	91.177	long leg	$416K	$297K	10x
Gate CRCL_USDT	0.0000%	8h	91.210	+0.036%	$7.0M	$26.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.307	+0.143%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	91.340	+0.179%	$66K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.200	+0.025%	$1.0M	$49K	10x	as long as short
Binance CRCLUSDT	+0.0012%	8h	91.160	−0.019%	$103.6M	$383.6M	50x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CRCL_24_5-USD	+0.0016%	1h	91.148	−0.032%	$1.1M	$5.7M	10x	as long as short
Aster CRCLUSDT	+0.0017%	8h	91.132	−0.049%	$1.1M	$4.9M	20x	as long as short
Aftermath Perps CRCLUSD	+0.0022%	1h	91.316	+0.152%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.170	−0.008%	$1.3M	$2.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0026%	8h	91.180	+0.003%	$21.4M	$58.9M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.197	+0.022%	$970K	$2.9M	10x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.200	+0.025%	$92K	$272K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.153	−0.026%	$68.2M	$41.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.082	−0.104%	$353K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.078	−0.108%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.060	−0.128%	$973K	$5.1M	10x	as long as short
edgeX CRCLUSDC	+0.0055%	4h	91.376	+0.219%	$23K	$267K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0069%	8h	91.162	−0.016%	$748	$740	5x	as long as short
Pacifica CRCLshort	+0.0100%	1h	91.196	+0.021%	$132K	$157K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	91.280	+0.113%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.500	+0.354%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.110	−0.073%	$908	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.126	−0.056%	$4	—	10x	as long as short
Phoenix CRCL	+0.0183%	1h	91.079	−0.107%	$27K	$84K	10x	as long as short
Nado CRCL-PERP	+0.0196%	1h	91.064	−0.124%	$130K	$103K	3x	as long as short
Lighter CRCL	+0.0272%	1h	91.223	+0.051%	$2.9M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0299%	1h	91.120	−0.062%	$4K	$767K	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	91.820	+0.705%	$5K	$19K	30x	as long as short