CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.029%

Price spread now: Aftermath Perps against Lighter RH−0.032%7-day average — · you buy dearer than you sell

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

Long on Lighter RH 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—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aftermath Perps is 0.032% cheaper against Lighter RH than usual: you would sell low and buy high, −$3 on $10k if it 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	Lighter RH CRCL	91.914	0.0032	pay 0.0004% / 1h	14m 38s	$974K	$2.9M	10x
Short	Aftermath Perps CRCLUSD	91.884	0.0039	get 0.0005% / 1h	14m 38s	$2K	$25K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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 Lighter RHbpFee Aftermath PerpsbpOrdersPrice spread, now −0.032%Rate

Funding earned: $1.52
Price spread: −0.032% → 0.000%: −$3.24
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$10.72
Costs to cover: 0.090%
Break-even: 56.5 days

Slippage unknown: Lighter RH: live order book, 4 min ago; 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 Lighter RH live order book, 4 min ago	3.37 bp	4.3 bp −$4	9.1 bp −$91	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

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
Bitget CRCLUSDT	−0.0680%	8h	91.930	+0.017%	$16.6M	$35.9M	25x	as long as short
Vest CRCL-USD-PERP	−0.0061%	1h	91.640	−0.298%	—	$31K	25x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.880	−0.037%	$14.8M	$26.6M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.960	+0.050%	$7.3M	$27.5M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.919	+0.005%	$2.5M	$3.2M	—	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.950	+0.039%	$1.0M	$48K	10x	as long as short
Aster CRCLUSDT	+0.0018%	8h	91.911	−0.004%	$1.1M	$5.0M	20x	as long as short
Extended CRCL_24_5-USD	+0.0024%	1h	91.854	−0.066%	$1.2M	$5.7M	10x	as long as short
Binance CRCLUSDT	+0.0027%	8h	91.890	−0.026%	$104.7M	$392.5M	50x	as long as short
Lighter RH CRCLlong	+0.0032%	1h	91.914	long leg	$974K	$2.9M	10x

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CRCLUSDshort	+0.0039%	1h	91.884	−0.032%	$2K	$25K	5x
Arcus CRCL-USD	+0.0040%	1h	91.870	−0.048%	$93K	$272K	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0048%	1h	91.770	−0.157%	$911K	$519K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.829	−0.092%	$68.3M	$42.1M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.850	−0.070%	$358K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.878	−0.039%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.780	−0.146%	$1.0M	$5.1M	10x	as long as short
QFEX CRCL-USD	+0.0060%	1h	91.870	−0.048%	$1.3M	$1.9M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0070%	8h	91.862	−0.056%	$423	$905	5x	as long as short
GRVT CRCL_USDT_Perp	+0.0092%	8h	91.970	+0.061%	$70K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0097%	8h	91.890	−0.026%	$22.3M	$61.8M	50x	as long as short
Pacifica CRCL	+0.0100%	1h	91.881	−0.036%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.910	−0.004%	$2.7M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.850	−0.070%	$68K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.920	+0.007%	$916	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.891	−0.026%	$4	—	10x	as long as short
RISEx CRCL/USDC	+0.0107%	1h	91.890	−0.026%	$418K	$299K	10x	as long as short
BloFin CRCL-USDT	+0.0107%	8h	91.930	+0.017%	$1.1M	$1.6M	20x	as long as short
Phoenix CRCL	+0.0182%	1h	91.884	−0.033%	$27K	$82K	10x	as long as short
edgeX CRCLUSDC	+0.0203%	4h	91.943	+0.032%	$51K	$277K	10x	as long as short
Lighter CRCL	+0.0264%	1h	91.885	−0.032%	$3.0M	$2.4M	10x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0295%	1h	91.860	−0.059%	$4K	$768K	10x	as long as short
Nado CRCL-PERP	+0.0353%	1h	91.825	−0.097%	$134K	$108K	3x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.360	+0.485%	$5K	$19K	30x	as long as short