CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0424%/8h= +46.4% APRnext payment +$0.53 per $10,000 · paid last 24h +0.112%

Price spread now: Injective against Coinbase International+0.555%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.554%+$55 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Injective is 0.555% dearer against Coinbase International than usual: you sell high and buy low: +$56 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	Coinbase International CRCL-PERP-INTX	91.890	0.0016	pay 0.0002% / 1h	12m 45s	$907K	$491K	10x
Short	Injective CRCL/USDC PERP	92.400	0.0440	get 0.0055% / 1h	12m 45s	$5K	$19K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee InjectivebpOrdersPrice spread, now +0.555%Rate

Funding earned: $89.04
Price spread: +0.555% → 0.000%: $55.5
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $134.52
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 46 min ago; 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 Coinbase International live order book, 46 min ago	5.44 bp	10.4 bp −$10	16.3 bp −$163	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
Bitget CRCLUSDT	−0.0952%	8h	92.150	+0.283%	$16.6M	$35.2M	25x	as long as short
Vest CRCL-USD-PERP	−0.0070%	1h	91.810	−0.087%	—	$31K	25x	as long as short
Aster CRCLUSDT	0.0000%	8h	92.040	+0.163%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	92.104	+0.233%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	92.110	+0.239%	$104.8M	$390.0M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	92.100	+0.229%	$14.9M	$26.4M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	92.105	+0.234%	$419K	$299K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.160	+0.294%	$7.2M	$27.3M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.929	+0.042%	$2.4M	$3.2M	—	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	92.052	+0.177%	$64K	$1.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRCLUSDT	0.0000%	4h	92.010	+0.131%	$1.0M	$49K	10x	as long as short
Coinbase International CRCL-PERP-INTXlong	+0.0016%	1h	91.890	long leg	$907K	$491K	10x
QFEX CRCL-USD	+0.0028%	1h	92.070	+0.196%	$1.3M	$2.0M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0032%	8h	92.130	+0.261%	$22.3M	$61.5M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	92.124	+0.255%	$976K	$2.9M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0036%	1h	91.940	+0.055%	$2K	$25K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.940	+0.054%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	92.040	+0.163%	$68.6M	$41.7M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	92.038	+0.161%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	92.071	+0.197%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	92.000	+0.120%	$1.0M	$5.1M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	92.040	+0.163%	$135K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	92.030	+0.152%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.990	+0.109%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	92.070	+0.196%	$918	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	92.071	+0.197%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0107%	8h	92.082	+0.209%	$424	$905	5x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	92.090	+0.218%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0148%	1h	92.044	+0.168%	$27K	$83K	10x	as long as short
Lighter CRCL	+0.0200%	1h	92.133	+0.264%	$3.0M	$2.4M	10x	as long as short
edgeX CRCLUSDC	+0.0223%	4h	91.994	+0.114%	$51K	$277K	10x	as long as short
Nado CRCL-PERP	+0.0306%	1h	91.955	+0.071%	$131K	$104K	3x	as long as short
Injective CRCL/USDC PERPshort	+0.0440%	1h	92.400	+0.555%	$5K	$19K	30x
Deribit CRCL_USDC-PERPETUAL	+0.0728%	1h	92.080	+0.207%	$4K	$767K	10x	as long as short