CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.016%

Price spread now: SoDEX against Lighter RH−0.072%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 SoDEX

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 pays, the price is against you. SoDEX is 0.072% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH CRCL	91.696	0.0032	pay 0.0004% / 1h	24m 59s	$973K	$2.9M	10x
Short	SoDEX CRCL-USD	91.630	0.0050	get 0.0006% / 1h	24m 59s	$46K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $3.78
Price spread: −0.072% → 0.000%: −$7.2
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.42
Costs to cover: 0.080%
Break-even: 28.1 days

Slippage unknown: Lighter RH: live order book, 3 min ago; SoDEX: 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, 3 min ago	2.29 bp	3.7 bp −$4	8.9 bp −$89	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.1307%	8h	91.710	+0.015%	$15.8M	$34.6M	25x	as long as short
Vest CRCL-USD-PERP	−0.0077%	1h	91.390	−0.334%	—	$31K	25x	as long as short
Coinbase International CRCL-PERP-INTX	−0.0016%	1h	91.470	−0.246%	$903K	$518K	10x	as long as short
Aster CRCLUSDT	0.0000%	8h	91.675	−0.023%	$1.1M	$4.9M	20x	as long as short
Extended CRCL_24_5-USD	0.0000%	1h	91.637	−0.065%	$1.1M	$5.7M	10x	as long as short
Binance CRCLUSDT	0.0000%	8h	91.690	−0.007%	$104.5M	$385.0M	50x	as long as short
Bybit CRCLUSDT	0.0000%	8h	91.710	+0.015%	$15.1M	$25.8M	50x	as long as short
RISEx CRCL/USDC	0.0000%	1h	91.626	−0.077%	$418K	$298K	10x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.710	+0.015%	$7.1M	$26.7M	50x	as long as short
Variational Omni CRCL	0.0000%	8h	91.576	−0.131%	$2.4M	$3.2M	—	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT CRCL_USDT_Perp	0.0000%	8h	91.605	−0.099%	$65K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.650	−0.050%	$1.0M	$49K	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0008%	8h	91.700	+0.004%	$21.5M	$59.4M	50x	as long as short
Aftermath Perps CRCLUSD	+0.0020%	1h	91.625	−0.077%	$2K	$23K	5x	as long as short
QFEX CRCL-USD	+0.0023%	1h	91.640	−0.061%	$1.3M	$2.1M	10x	as long as short
Lighter RH CRCLlong	+0.0032%	1h	91.696	long leg	$973K	$2.9M	10x
Arcus CRCL-USD	+0.0040%	1h	91.580	−0.127%	$93K	$273K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0050%	1h	91.639	−0.062%	$68.5M	$41.2M	10x	as long as short
Polymarket Perps CRCL-USD	+0.0050%	1h	91.623	−0.080%	$357K	$1.1M	10x	as long as short
SoDEX CRCL-USDshort	+0.0050%	1h	91.630	−0.072%	$46K	$3K	10x
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.570	−0.137%	$974K	$5.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0069%	8h	91.637	−0.064%	$751	$740	5x	as long as short
Pacifica CRCL	+0.0100%	1h	91.600	−0.105%	$132K	$157K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.650	−0.050%	$2.8M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.560	−0.148%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.650	−0.050%	$914	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.661	−0.038%	$4	—	10x	as long as short
BloFin CRCL-USDT	+0.0120%	8h	91.670	−0.028%	$1.1M	$1.3M	20x	as long as short
Phoenix CRCL	+0.0183%	1h	91.546	−0.164%	$27K	$84K	10x	as long as short
Nado CRCL-PERP	+0.0191%	1h	91.664	−0.035%	$131K	$104K	3x	as long as short
Lighter CRCL	+0.0216%	1h	91.696	0.000%	$3.0M	$2.4M	10x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	92.130	+0.473%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0514%	1h	91.680	−0.017%	$4K	$767K	10x	as long as short
edgeX CRCLUSDC	+0.0554%	4h	91.597	−0.108%	$23K	$248K	10x	as long as short