CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0393%/8h= −43.0% APRnext payment −$0.49 per $10,000 · paid last 24h −0.092%

Price spread now: Aftermath Perps against Injective−0.316%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aftermath Perps is 0.316% cheaper against Injective than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CRCL/USDC PERP	94.570	0.0440	pay 0.0055% / 1h	49m 08s	$5K	$19K	30x
Short	Aftermath Perps CRCLUSD	94.271	0.0047	get 0.0006% / 1h	49m 08s	$2K	$21K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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 InjectivebpFee Aftermath PerpsbpOrdersPrice spread, now −0.316%Rate

Funding earned: −$82.49
Price spread: −0.316% → 0.000%: −$31.6
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$123.11
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Aftermath Perps: 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 Injective no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Injective and Aftermath Perps: 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.200	−0.391%	$942K	$725K	10x	as long as short
tradeXYZ xyz:CRCL	−0.0019%	1h	94.127	−0.468%	$71.6M	$42.3M	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	94.240	−0.349%	$15.5M	$25.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.260	−0.328%	$7.2M	$26.9M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.250	−0.338%	$1.0M	$52K	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.178	−0.415%	$889K	$2.8M	10x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.140	−0.455%	$1.4M	$2.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.070	−0.529%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSDshort	+0.0047%	1h	94.271	−0.316%	$2K	$21K	5x
Polymarket Perps CRCL-USD	+0.0050%	1h	94.143	−0.452%	$365K	$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
SoDEX CRCL-USD	+0.0050%	1h	94.143	−0.452%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.290	−0.296%	$1.1M	$5.8M	10x	as long as short
Pacifica CRCL	+0.0100%	1h	94.132	−0.464%	$75K	$99K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	94.260	−0.328%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.210	−0.381%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.190	−0.402%	$939	$3K	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0104%	8h	94.348	−0.235%	$70K	$1.1M	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.243	−0.345%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0111%	8h	94.121	−0.475%	$772	$740	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0159%	8h	94.220	−0.370%	$22.8M	$60.3M	50x	as long as short
Variational Omni CRCL	+0.0174%	8h	94.210	−0.380%	$2.5M	$3.1M	—	as long as short
Bitget CRCLUSDT	+0.0201%	8h	94.250	−0.338%	$16.9M	$35.1M	25x	as long as short
Nado CRCL-PERP	+0.0214%	1h	94.070	−0.529%	$131K	$76K	3x	as long as short
Extended CRCL_24_5-USD	+0.0232%	1h	94.184	−0.408%	$1.1M	$4.1M	10x	as long as short
Binance CRCLUSDT	+0.0232%	8h	94.213	−0.377%	$109.1M	$389.6M	50x	as long as short
Aster CRCLUSDT	+0.0234%	8h	94.201	−0.390%	$1.1M	$4.9M	20x	as long as short
Phoenix CRCL	+0.0296%	1h	94.366	−0.216%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0312%	1h	94.192	−0.400%	$3.0M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0352%	8h	94.220	−0.370%	$1.1M	$559K	20x	as long as short
Injective CRCL/USDC PERPlong	+0.0440%	1h	94.570	long leg	$5K	$19K	30x
Arcus CRCL-USD	+0.0521%	1h	94.240	−0.349%	$96K	$276K	10x	as long as short
RISEx CRCL/USDC	+0.0677%	1h	94.210	−0.381%	$430K	$303K	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0707%	1h	94.170	−0.423%	$4K	$772K	10x	as long as short
edgeX CRCLUSDC	+0.0861%	4h	94.390	−0.190%	$24K	$268K	10x	as long as short