Funding you earn now, next payment 05:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.056%
Price spread now: Lighter against Aevo+0.026%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.026% dearer against Aevo than usual: you sell high and buy low: +$3 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 | Aevo CRCL-PERP | 91.969 | 0.0104 | pay 0.0013% / 1h | 43m 18s | $4 | — | 10x |
| Short | Lighter CRCL | 91.993 | 0.0280 | get 0.0035% / 1h | 43m 18s | $3.0M | $2.4M | 10x |
Aevo CRCL-PERP
Lighter CRCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $36.96
- Price spread: +0.026% → 0.000%
- $2.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $23.58
- Costs to cover
- 0.160%
- Break-even
- 2.5 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 4 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 1.58 bp | 1.8 bp −$2 | 5.8 bp −$58 | 40.8 bp −$4,076 | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRCLUSDT | −0.0697% | 8h | 92.040 | +0.077% | $16.8M | $35.5M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0067% | 1h | 91.730 | −0.260% | — | $31K | 25x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.990 | +0.023% | $14.9M | $26.5M | 50x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 92.040 | +0.077% | $7.3M | $27.3M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.979 | +0.011% | $2.4M | $3.2M | — | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.980 | +0.012% | $1.0M | $48K | 10x | as long as short |
| Aster CRCLUSDT | +0.0009% | 8h | 91.988 | +0.021% | $1.1M | $5.0M | 20x | as long as short |
| Binance CRCLUSDT | +0.0015% | 8h | 91.986 | +0.019% | $104.8M | $390.8M | 50x | as long as short |
| Extended CRCL_24_5-USD | +0.0016% | 1h | 91.965 | −0.005% | $1.2M | $5.7M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0039% | 1h | 91.950 | −0.021% | $2K | $25K | 5x | as long as short |
Bitget CRCLUSDT
Vest CRCL-USD-PERP
Bybit CRCLUSDT
Gate CRCL_USDT
Variational Omni CRCL
Phemex CRCLUSDT
Aster CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aftermath Perps CRCLUSDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus CRCL-USD | +0.0040% | 1h | 91.930 | −0.042% | $93K | $272K | 10x | as long as short |
| Coinbase International CRCL-PERP-INTX | +0.0048% | 1h | 91.890 | −0.086% | $907K | $510K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.922 | −0.051% | $68.3M | $41.8M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.934 | −0.038% | $359K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.938 | −0.034% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.900 | −0.075% | $1.0M | $5.2M | 10x | as long as short |
| Lighter RH CRCL | +0.0056% | 1h | 91.989 | +0.022% | $975K | $2.9M | 10x | as long as short |
| QFEX CRCL-USD | +0.0060% | 1h | 91.980 | +0.012% | $1.3M | $1.9M | 10x | as long as short |
| BloFin CRCL-USDT | +0.0068% | 8h | 92.010 | +0.045% | $1.1M | $1.4M | 20x | as long as short |
| GRVT CRCL_USDT_Perp | +0.0072% | 8h | 91.949 | −0.022% | $70K | $1.1M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0074% | 8h | 92.010 | +0.045% | $22.3M | $61.6M | 50x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.967 | −0.002% | $135K | $159K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.960 | −0.010% | $2.7M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.900 | −0.075% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.970 | +0.001% | $917 | $2K | 10x | as long as short |
| Aevo CRCL-PERPlong | +0.0104% | 1h | 91.969 | long leg | $4 | — | 10x | |
| RISEx CRCL/USDC | +0.0107% | 1h | 91.976 | +0.008% | $418K | $299K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0129% | 8h | 91.944 | −0.027% | $423 | $905 | 5x | as long as short |
| Phoenix CRCL | +0.0182% | 1h | 91.939 | −0.033% | $27K | $82K | 10x | as long as short |
| Lighter CRCLshort | +0.0280% | 1h | 91.993 | +0.026% | $3.0M | $2.4M | 10x | |
| Deribit CRCL_USDC-PERPETUAL | +0.0294% | 1h | 91.930 | −0.042% | $4K | $768K | 10x | as long as short |
| Nado CRCL-PERP | +0.0371% | 1h | 91.895 | −0.080% | $134K | $106K | 3x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.360 | +0.425% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0529% | 4h | 92.039 | +0.076% | $51K | $277K | 10x | as long as short |
Arcus CRCL-USD
Coinbase International CRCL-PERP-INTX
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Ondo Perps CRCL-USD.P
Lighter RH CRCL
QFEX CRCL-USD
BloFin CRCL-USDT
GRVT CRCL_USDT_Perp
OKX CRCL-USDT-SWAP
Pacifica CRCL
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
Orderly PERP_CRCL_USDC_mythos
RISEx CRCL/USDC
Paradex CRCL-USD-PERP
Phoenix CRCL
Deribit CRCL_USDC-PERPETUAL
Nado CRCL-PERP
Injective CRCL/USDC PERP
edgeX CRCLUSDC