Funding you earn now, next payment 03:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.102%
Price spread now: Injective against Pacifica+0.775%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.652%+$65 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.775% dearer against Pacifica than usual: you sell high and buy low: +$77 more if the spread 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 | Pacifica CRCL | 91.620 | 0.0100 | pay 0.0013% / 1h | 29m 03s | $132K | $157K | 10x |
| Short | Injective CRCL/USDC PERP | 92.330 | 0.0440 | get 0.0055% / 1h | 29m 03s | $5K | $19K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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
- $71.4
- Price spread: +0.775% → 0.000%
- $77.49
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $140.87
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 15 min ago; Injective: 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 Pacifica live order book, 15 min ago | 10.93 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.1311% | 8h | 91.710 | +0.098% | $15.9M | $34.7M | 25x | as long as short |
| Vest CRCL-USD-PERP | −0.0077% | 1h | 91.440 | −0.196% | — | $35K | 25x | as long as short |
| Coinbase International CRCL-PERP-INTX | −0.0016% | 1h | 91.690 | +0.076% | $905K | $529K | 10x | as long as short |
| Extended CRCL_24_5-USD | 0.0000% | 1h | 91.634 | +0.016% | $1.1M | $5.7M | 10x | as long as short |
| Binance CRCLUSDT | 0.0000% | 8h | 91.670 | +0.055% | $104.6M | $385.0M | 50x | as long as short |
| Bybit CRCLUSDT | 0.0000% | 8h | 91.630 | +0.011% | $15.0M | $25.8M | 50x | as long as short |
| RISEx CRCL/USDC | 0.0000% | 1h | 91.665 | +0.050% | $418K | $298K | 10x | as long as short |
| Gate CRCL_USDT | 0.0000% | 8h | 91.700 | +0.087% | $7.1M | $26.6M | 50x | as long as short |
| Variational Omni CRCL | 0.0000% | 8h | 91.746 | +0.138% | $2.4M | $3.2M | — | as long as short |
| GRVT CRCL_USDT_Perp | 0.0000% | 8h | 91.777 | +0.172% | $65K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRCLUSDT | 0.0000% | 4h | 91.650 | +0.033% | $1.0M | $49K | 10x | as long as short |
| Aster CRCLUSDT | +0.0002% | 8h | 91.667 | +0.051% | $1.1M | $4.9M | 20x | as long as short |
| OKX CRCL-USDT-SWAP | +0.0010% | 8h | 91.680 | +0.065% | $21.5M | $59.4M | 50x | as long as short |
| Aftermath Perps CRCLUSD | +0.0018% | 1h | 91.641 | +0.023% | $2K | $23K | 5x | as long as short |
| QFEX CRCL-USD | +0.0023% | 1h | 91.640 | +0.022% | $1.3M | $2.1M | 10x | as long as short |
| Lighter RH CRCL | +0.0032% | 1h | 91.675 | +0.060% | $973K | $2.9M | 10x | as long as short |
| Arcus CRCL-USD | +0.0040% | 1h | 91.630 | +0.011% | $93K | $273K | 10x | as long as short |
| tradeXYZ xyz:CRCL | +0.0050% | 1h | 91.628 | +0.009% | $68.5M | $41.2M | 10x | as long as short |
| Polymarket Perps CRCL-USD | +0.0050% | 1h | 91.652 | +0.035% | $357K | $1.1M | 10x | as long as short |
| SoDEX CRCL-USD | +0.0050% | 1h | 91.639 | +0.021% | $46K | $3K | 10x | as long as short |
| Ondo Perps CRCL-USD.P | +0.0050% | 1h | 91.610 | −0.011% | $970K | $5.2M | 10x | as long as short |
| Paradex CRCL-USD-PERP | +0.0068% | 8h | 91.678 | +0.063% | $752 | $740 | 5x | as long as short |
| Pacifica CRCLlong | +0.0100% | 1h | 91.620 | long leg | $132K | $157K | 10x | |
| KuCoin CRCLUSDTM | +0.0100% | 8h | 91.680 | +0.065% | $2.8M | $1.9M | 20x | as long as short |
| ApeX Omni CRCLUSDT | +0.0100% | 1h | 91.820 | +0.218% | $68K | $4K | 50x | as long as short |
| Orderly PERP_CRCL_USDC_mythos | +0.0100% | 8h | 91.650 | +0.033% | $914 | $2K | 10x | as long as short |
| Aevo CRCL-PERP | +0.0104% | 1h | 91.651 | +0.034% | $4 | — | 10x | as long as short |
| BloFin CRCL-USDT | +0.0120% | 8h | 91.660 | +0.044% | $1.1M | $1.3M | 20x | as long as short |
| Nado CRCL-PERP | +0.0181% | 1h | 91.606 | −0.015% | $131K | $104K | 3x | as long as short |
| Phoenix CRCL | +0.0183% | 1h | 91.684 | +0.070% | $27K | $84K | 10x | as long as short |
| Lighter CRCL | +0.0208% | 1h | 91.682 | +0.068% | $3.0M | $2.4M | 10x | as long as short |
| Injective CRCL/USDC PERPshort | +0.0440% | 1h | 92.330 | +0.775% | $5K | $19K | 30x | |
| edgeX CRCLUSDC | +0.0590% | 4h | 91.601 | −0.021% | $23K | $268K | 10x | as long as short |
| Deribit CRCL_USDC-PERPETUAL | +0.0623% | 1h | 91.670 | +0.055% | $4K | $767K | 10x | as long as short |
Pacifica CRCL
Injective CRCL/USDC PERP
Bitget CRCLUSDT
Coinbase International CRCL-PERP-INTX
Extended CRCL_24_5-USD
Binance CRCLUSDT
Bybit CRCLUSDT
RISEx CRCL/USDC
Gate CRCL_USDT
Variational Omni CRCL
GRVT CRCL_USDT_Perp
Phemex CRCLUSDT
Aster CRCLUSDT
OKX CRCL-USDT-SWAP
Aftermath Perps CRCLUSD
Lighter RH CRCL
tradeXYZ xyz:CRCL
Polymarket Perps CRCL-USD
SoDEX CRCL-USD
Paradex CRCL-USD-PERP
KuCoin CRCLUSDTM
ApeX Omni CRCLUSDT
BloFin CRCL-USDT
Phoenix CRCL
Lighter CRCL
edgeX CRCLUSDC
Deribit CRCL_USDC-PERPETUAL