CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h +0.117%

Price spread now: Injective against Polymarket Perps+0.432%51s7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.771%+$77 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.432% dearer against Polymarket Perps than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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	Polymarket Perps CRCL-USD	91.495	0.0201	pay 0.0025% / 1h	56m 02s	$383K	$1.3M	10x
Short	Injective CRCL/USDC PERP	91.890	0.0440	get 0.0055% / 1h	56m 02s	$5K	$19K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Polymarket Perps. 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 Polymarket PerpsbpFee InjectivebpOrdersPrice spread, now +0.432%Rate

Funding earned: $50.27
Price spread: +0.432% → 0.000%: $43.17
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $85.42
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago	0.05 bp	7.7 bp −$8	9.1 bp −$91	10.9 bp −$1,091	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	−0.0349%	8h	91.580	+0.093%	$17.6M	$37.0M	25x	as long as short
Vest CRCL-USD-PERP	−0.0080%	1h	91.210	−0.311%	—	$31K	25x	as long as short
Gate CRCL_USDT	0.0000%	8h	91.560	+0.071%	$7.8M	$27.2M	50x	as long as short
Phemex CRCLUSDT	0.0000%	4h	91.530	+0.038%	$1.0M	$48K	10x	as long as short
Bybit CRCLUSDT	+0.0010%	8h	91.510	+0.016%	$14.8M	$26.6M	50x	as long as short
Lighter RH CRCL	+0.0032%	1h	91.537	+0.046%	$978K	$2.6M	10x	as long as short
Aftermath Perps CRCLUSD	+0.0039%	1h	91.497	+0.002%	$2K	$28K	5x	as long as short
Arcus CRCL-USD	+0.0040%	1h	91.510	+0.016%	$98K	$293K	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	91.478	−0.019%	$46K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	91.410	−0.093%	$1.1M	$5.0M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CRCL	+0.0057%	8h	91.499	+0.004%	$2.4M	$3.2M	—	as long as short
QFEX CRCL-USD	+0.0071%	1h	91.510	+0.016%	$1.3M	$1.8M	10x	as long as short
Coinbase International CRCL-PERP-INTX	+0.0088%	1h	91.400	−0.104%	$890K	$420K	10x	as long as short
Pacifica CRCL	+0.0100%	1h	91.536	+0.044%	$134K	$159K	10x	as long as short
KuCoin CRCLUSDTM	+0.0100%	8h	91.580	+0.093%	$2.7M	$1.7M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	91.440	−0.060%	$67K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	91.490	−0.005%	$912	$2K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	91.503	+0.008%	$4	—	10x	as long as short
Aster CRCLUSDT	+0.0144%	8h	91.598	+0.112%	$1.0M	$5.0M	20x	as long as short
Binance CRCLUSDT	+0.0159%	8h	91.520	+0.027%	$105.1M	$395.2M	50x	as long as short
Extended CRCL_24_5-USD	+0.0160%	1h	91.474	−0.023%	$1.0M	$5.0M	10x	as long as short
tradeXYZ xyz:CRCL	+0.0182%	1h	91.460	−0.038%	$67.7M	$44.2M	10x	as long as short
Paradex CRCL-USD-PERP	+0.0182%	8h	91.473	−0.024%	$421	$905	5x	as long as short
Polymarket Perps CRCL-USDlong	+0.0201%	1h	91.495	long leg	$383K	$1.3M	10x
GRVT CRCL_USDT_Perp	+0.0226%	8h	91.550	+0.060%	$64K	$1.1M	10x	as long as short
OKX CRCL-USDT-SWAP	+0.0243%	8h	91.520	+0.027%	$22.3M	$62.1M	50x	as long as short
Phoenix CRCL	+0.0245%	1h	91.481	−0.015%	$27K	$74K	10x	as long as short
BloFin CRCL-USDT	+0.0278%	8h	91.570	+0.082%	$1.1M	$1.7M	20x	as long as short
Lighter CRCL	+0.0288%	1h	91.517	+0.024%	$2.9M	$2.3M	10x	as long as short
Nado CRCL-PERP	+0.0406%	1h	91.416	−0.086%	$134K	$109K	3x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0406%	1h	91.470	−0.027%	$5K	$769K	10x	as long as short
Injective CRCL/USDC PERPshort	+0.0440%	1h	91.890	+0.432%	$5K	$19K	30x
RISEx CRCL/USDC	+0.0466%	1h	91.530	+0.038%	$418K	$265K	10x	as long as short
edgeX CRCLUSDC	+0.0477%	4h	91.500	+0.005%	$52K	$278K	10x	as long as short