CRCL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0577%/8h= −63.2% APRnext payment −$0.72 per $10,000 · paid last 24h −0.073%

Price spread now: Pacifica against RISEx−0.036%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Pacifica is 0.036% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CRCL/USDC	94.262	0.0677	pay 0.0085% / 1h	47m 11s	$430K	$303K	10x
Short	Pacifica CRCL	94.227	0.0100	get 0.0013% / 1h	47m 11s	$75K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against RISEx. 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 RISExbpFee PacificabpOrdersPrice spread, now −0.036%Rate

Funding earned: −$121.14
Price spread: −0.036% → 0.000%: −$3.62
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$138.75
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 26 min ago; Pacifica: 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 RISEx live order book, 26 min ago	1.06 bp	4.1 bp −$4	5.1 bp −$51	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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
Coinbase International CRCL-PERP-INTX	−0.0064%	1h	94.100	−0.171%	$941K	$725K	10x	as long as short
Bybit CRCLUSDT	0.0000%	8h	94.300	+0.041%	$15.5M	$25.9M	50x	as long as short
Gate CRCL_USDT	0.0000%	8h	94.290	+0.030%	$7.2M	$26.9M	50x	as long as short
GRVT CRCL_USDT_Perp	0.0000%	8h	94.241	−0.022%	$64K	$1.1M	10x	as long as short
Phemex CRCLUSDT	0.0000%	4h	94.250	−0.012%	$1.0M	$52K	10x	as long as short
tradeXYZ xyz:CRCL	+0.0027%	1h	94.206	−0.059%	$71.6M	$42.3M	10x	as long as short
Lighter RH CRCL	+0.0032%	1h	94.286	+0.026%	$890K	$2.8M	10x	as long as short
QFEX CRCL-USD	+0.0042%	1h	94.240	−0.023%	$1.4M	$2.7M	10x	as long as short
Vest CRCL-USD-PERP	+0.0046%	1h	94.120	−0.150%	—	$45K	25x	as long as short
Aftermath Perps CRCLUSD	+0.0047%	1h	94.229	−0.035%	$2K	$21K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CRCL-USD	+0.0050%	1h	94.213	−0.052%	$365K	$1.1M	10x	as long as short
SoDEX CRCL-USD	+0.0050%	1h	94.230	−0.033%	$47K	$3K	10x	as long as short
Ondo Perps CRCL-USD.P	+0.0050%	1h	94.130	−0.140%	$1.1M	$5.8M	10x	as long as short
Pacifica CRCLshort	+0.0100%	1h	94.227	−0.036%	$75K	$99K	10x
KuCoin CRCLUSDTM	+0.0100%	8h	94.330	+0.073%	$3.0M	$1.9M	20x	as long as short
ApeX Omni CRCLUSDT	+0.0100%	1h	94.160	−0.108%	$69K	$4K	50x	as long as short
Orderly PERP_CRCL_USDC_mythos	+0.0100%	8h	94.280	+0.020%	$940	$3K	10x	as long as short
Aevo CRCL-PERP	+0.0104%	1h	94.253	−0.009%	$4	—	10x	as long as short
Paradex CRCL-USD-PERP	+0.0111%	8h	94.274	+0.013%	$773	$740	5x	as long as short
OKX CRCL-USDT-SWAP	+0.0157%	8h	94.280	+0.020%	$22.8M	$60.4M	50x	as long as short
Bitget CRCLUSDT	+0.0170%	8h	94.300	+0.041%	$16.9M	$35.1M	25x	as long as short
Variational Omni CRCL	+0.0174%	8h	94.210	−0.054%	$2.5M	$3.1M	—	as long as short
edgeX CRCLUSDC	+0.0200%	4h	94.169	−0.098%	$24K	$268K	10x	as long as short
Nado CRCL-PERP	+0.0218%	1h	94.199	−0.066%	$132K	$76K	3x	as long as short
Extended CRCL_24_5-USD	+0.0224%	1h	94.261	−0.001%	$1.1M	$4.2M	10x	as long as short
Binance CRCLUSDT	+0.0226%	8h	94.262	+0.001%	$109.2M	$389.4M	50x	as long as short
Aster CRCLUSDT	+0.0229%	8h	94.276	+0.015%	$1.1M	$4.9M	20x	as long as short
Phoenix CRCL	+0.0296%	1h	94.131	−0.139%	$28K	$92K	10x	as long as short
Lighter CRCL	+0.0296%	1h	94.299	+0.040%	$3.0M	$2.2M	10x	as long as short
BloFin CRCL-USDT	+0.0346%	8h	94.250	−0.012%	$1.1M	$561K	20x	as long as short
Injective CRCL/USDC PERP	+0.0440%	1h	94.650	+0.412%	$5K	$19K	30x	as long as short
Deribit CRCL_USDC-PERPETUAL	+0.0493%	1h	94.290	+0.030%	$4K	$772K	10x	as long as short
Arcus CRCL-USD	+0.0521%	1h	94.210	−0.055%	$96K	$276K	10x	as long as short
RISEx CRCL/USDClong	+0.0677%	1h	94.262	long leg	$430K	$303K	10x