CRCL

Alert: funding

Alert: spread

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: Aevo against Lighter−0.071%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Aevo

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.071% cheaper against Lighter than usual: you would sell low and buy high (−$7 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	Lighter CRCL	91.993	0.0280	pay 0.0035% / 1h	43m 46s	$3.0M	$2.4M	10x
Short	Aevo CRCL-PERP	91.927	0.0104	get 0.0013% / 1h	43m 46s	$4	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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 LighterbpFee AevobpOrdersPrice spread, now −0.071%Rate

Funding earned: −$36.96
Price spread: −0.071% → 0.000%: −$7.14
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$60.1
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 3 min ago; Aevo: 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 Lighter live order book, 3 min ago	1.58 bp	5.0 bp −$5	10.5 bp −$105	42.3 bp −$4,228	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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	92.030	+0.040%	$16.8M	$35.5M	25x	as long as short
Vest CRCL-USD-PERP	−0.0067%	1h	91.690	−0.329%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.970	−0.025%	$14.9M	$26.5M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	92.020	+0.029%	$7.3M	$27.3M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.979	−0.015%	$2.4M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.980	−0.014%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0009%	8h	91.996	+0.003%	$1.1M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0015%	8h	91.969	−0.026%	$104.8M	$390.7M	50x	as long as short
Extended CRCL_24_5-USD	+0.0016%	1h	91.944	−0.053%	$1.2M	$5.7M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	91.929	−0.070%	$2K	$25K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus CRCL-USD	+0.0040%	1h	91.940	−0.058%	$93K	$272K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.890	−0.112%	$907K	$510K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.899	−0.102%	$68.2M	$41.8M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.928	−0.071%	$359K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.938	−0.060%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.900	−0.101%	$1.0M	$5.2M	10x	as long as short
Lighter RH CRCL	+0.0056%	1h	91.989	−0.004%	$975K	$2.9M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.920	−0.079%	$1.3M	$1.9M	10x	as long as short
GRVT CRCL_USDT_Perp	+0.0068%	8h	92.019	+0.029%	$70K	$1.1M	10x	as long as short
BloFin CRCL-USDT	+0.0068%	8h	92.010	+0.018%	$1.1M	$1.4M	20x	as long as short
OKX CRCL-USDT-SWAP	+0.0072%	8h	92.010	+0.018%	$22.3M	$61.6M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.967	−0.028%	$135K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.940	−0.058%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.920	−0.079%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.940	−0.058%	$917	$2K	10x	as long as short
Aevo CRCL-PERPshort	+0.0104%	1h	91.927	−0.071%	$4	—	10x
RISEx CRCL/USDC	+0.0107%	1h	91.970	−0.025%	$418K	$299K	10x	as long as short
Paradex CRCL-USD-PERP	+0.0129%	8h	91.944	−0.053%	$423	$905	5x	as long as short
Phoenix CRCL	+0.0182%	1h	91.939	−0.059%	$27K	$82K	10x	as long as short
Lighter CRCLlong	+0.0280%	1h	91.993	long leg	$3.0M	$2.4M	10x
Deribit CRCL_USDC-PERPETUAL	+0.0294%	1h	91.930	−0.068%	$4K	$768K	10x	as long as short
Nado CRCL-PERP	+0.0377%	1h	91.896	−0.106%	$134K	$106K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.550	+0.605%	$5K	$19K	30x	as long as short
edgeX CRCLUSDC	+0.0529%	4h	92.039	+0.050%	$51K	$277K	10x	as long as short