Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against ApeX Omni−0.361%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.361% cheaper against ApeX Omni than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRCLUSDT | 91.500 | 0.0100 | pay 0.0013% / 1h | 50m 01s | $67K | $4K | 50x |
| Short | Lighter RH CRCL | 91.170 | 0.0032 | get 0.0004% / 1h | 50m 01s | $968K | $2.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against ApeX Omni. 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
- −$14.28
- Price spread: −0.361% → 0.000%
- −$36.07
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$60.35
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Lighter RH: live order book, 3 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 3.28 bp | 3.3 bp −$3 | 6.6 bp −$66 | doesn't fit | doesn't fit |
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 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 | −0.1163% | 8h | 91.210 | −0.317% | $15.6M | $34.5M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0075% | 1h | 90.980 | −0.568% | — | $38K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 91.160 | −0.372% | $900K | $539K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.130 | −0.404% | $14.9M | $25.7M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.198 | −0.330% | $416K | $297K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.150 | −0.383% | $7.0M | $26.4M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.307 | −0.211% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.480 | −0.022% | $67K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 91.170 | −0.361% | $1.0M | $49K | 10x | as long as short |
| Binance CRCLUSDT | +0.0016% | 8h | 91.125 | −0.410% | $103.5M | $383.5M | 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 | 91.077 | −0.462% | $1.1M | $5.7M | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0023% | 1h | 91.468 | −0.035% | $2K | $23K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 91.230 | −0.295% | $1.3M | $2.2M | 10x | as long as short |
| Aster CRCLUSDT | +0.0025% | 8h | 91.145 | −0.388% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0030% | 8h | 91.140 | −0.393% | $21.4M | $58.9M | 50x | as long as short |
| Lighter RH CRCLshort | +0.0032% | 1h | 91.170 | −0.361% | $968K | $2.9M | 10x | |
| Arcus CRCL-USD | +0.0040% | 1h | 91.440 | −0.066% | $93K | $270K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.095 | −0.443% | $68.2M | $41.1M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.110 | −0.426% | $353K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.140 | −0.393% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.160 | −0.372% | $973K | $5.1M | 10x | as long as short |
| edgeX CRCLUSDC | +0.0055% | 4h | 91.376 | −0.135% | $23K | $267K | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0070% | 8h | 91.371 | −0.141% | $749 | $740 | 5x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 91.338 | −0.177% | $132K | $157K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.190 | −0.339% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDTlong | +0.0100% | 1h | 91.500 | long leg | $67K | $4K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.140 | −0.393% | $909 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.133 | −0.401% | $4 | — | 10x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 91.382 | −0.129% | $27K | $84K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0189% | 1h | 91.180 | −0.350% | $4K | $767K | 10x | as long as short |
| Nado CRCL-PERP | +0.0205% | 1h | 91.164 | −0.367% | $130K | $103K | 3x | as long as short |
| Lighter CRCL | +0.0280% | 1h | 91.178 | −0.352% | $2.9M | $2.4M | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 91.900 | +0.437% | $5K | $19K | 30x | as long as short |
ApeX Omni CRCLUSDT
Lighter RH CRCL
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Binance CRCLUSDT
Extended CRCL_24_5-USD
Aftermath Perps CRCLUSD
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
edgeX CRCLUSDC
Paradex CRCL-USD-PERP
Pacifica CRCL
KuCoin CRCLUSDTM
Phoenix CRCL
Deribit CRCL_USDC-PERPETUAL
Lighter CRCL
Injective CRCL/USDC PERP