Funding you earn now, next payment 02:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.11 per $10,000 · paid last 24h −0.061%
Price spread now: ApeX Omni against Lighter−0.409%108s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.583%−$58 on $10k
+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 −$3 a day on $10k at the current rate, and ApeX Omni is 0.409% cheaper against Lighter than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 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 | Lighter CRCL | 92.097 | 0.0192 | pay 0.0024% / 1h | 13m 47s | $3.0M | $2.4M | 10x |
| Short | ApeX Omni CRCLUSDT | 91.720 | 0.0100 | get 0.0013% / 1h | 13m 47s | $67K | $4K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$19.32
- Price spread: −0.409% → 0.000%
- −$40.94
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$70.26
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; ApeX Omni: 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 | 1.85 bp | 3.1 bp −$3 | 12.8 bp −$128 | 42.4 bp −$4,238 | doesn't fit |
| Sell ApeX Omni no order-book sample | — | — | — | — | — |
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 | −0.0847% | 8h | 92.130 | +0.036% | $16.1M | $35.6M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0044% | 1h | 91.810 | −0.312% | — | $40K | 25x | as long as short |
| Gate CRCL_USDT | −0.0025% | 8h | 92.090 | −0.008% | $7.1M | $26.8M | 50x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0008% | 1h | 91.980 | −0.127% | $912K | $586K | 10x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 92.070 | −0.029% | $15.0M | $25.9M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 92.001 | −0.104% | $420K | $299K | 10x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.928 | −0.184% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.730 | −0.398% | $69K | $1.1M | 10x | as long as short |
| Phemex CRCLUSDT | 0.0000% | 4h | 92.030 | −0.073% | $1.0M | $49K | 10x | as long as short |
| Aftermath Perps CRCLUSD | +0.0024% | 1h | 91.932 | −0.179% | $2K | $23K | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRCL | +0.0032% | 1h | 92.101 | +0.004% | $975K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.920 | −0.192% | $93K | $273K | 10x | as long as short |
| Extended CRCL_24_5-USD | +0.0048% | 1h | 92.037 | −0.065% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | +0.0050% | 8h | 92.060 | −0.040% | $105.0M | $394.2M | 50x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 92.043 | −0.059% | $69.1M | $42.1M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.978 | −0.129% | $356K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 92.029 | −0.074% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.970 | −0.138% | $999K | $5.5M | 10x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0053% | 8h | 92.030 | −0.073% | $21.8M | $60.4M | 50x | as long as short |
| QFEX CRCL-USD | +0.0057% | 1h | 91.980 | −0.127% | $1.3M | $2.3M | 10x | as long as short |
| Aster CRCLUSDT | +0.0059% | 8h | 92.098 | +0.001% | $1.1M | $4.9M | 20x | as long as short |
| Paradex CRCL-USD-PERP | +0.0072% | 8h | 92.049 | −0.052% | $755 | $740 | 5x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0076% | 1h | 92.040 | −0.062% | $4K | $769K | 10x | as long as short |
| Pacifica CRCL | +0.0100% | 1h | 92.067 | −0.033% | $133K | $158K | 10x | as long as short |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 92.060 | −0.040% | $2.9M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDTshort | +0.0100% | 1h | 91.720 | −0.409% | $67K | $4K | 50x | |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 92.030 | −0.073% | $918 | $3K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 92.046 | −0.055% | $4 | — | 10x | as long as short |
| Nado CRCL-PERP | +0.0152% | 1h | 91.943 | −0.168% | $131K | $104K | 3x | as long as short |
| Lighter CRCLlong | +0.0192% | 1h | 92.097 | long leg | $3.0M | $2.4M | 10x | |
| Phoenix CRCL | +0.0231% | 1h | 91.952 | −0.157% | $27K | $92K | 10x | as long as short |
| Injective CRCL/USDC PERP | +0.0440% | 1h | 92.500 | +0.438% | $5K | $19K | 30x | as long as short |
| edgeX CRCLUSDC | +0.0678% | 4h | 91.707 | −0.424% | $23K | $268K | 10x | as long as short |
Lighter CRCL
ApeX Omni CRCLUSDT
Bitget CRCLUSDT
Gate CRCL_USDT
Coinbase International CRCL-PERP-INTX
Bybit CRCLUSDT
RISEx CRCL/USDC
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Aftermath Perps CRCLUSD
Lighter RH CRCL
Extended CRCL_24_5-USD
Binance CRCLUSDT
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
OKX CRCL-USDT-SWAP
Aster CRCLUSDT
Paradex CRCL-USD-PERP
Deribit CRCL_USDC-PERPETUAL
Pacifica CRCL
KuCoin CRCLUSDTM
Phoenix CRCL
Injective CRCL/USDC PERP
edgeX CRCLUSDC