CRCL funding rates
CRCL perpetual funding is currently quoted across 19 venues, ranging from -0.6% to +14.3% APR. The most reliable delta-neutral pairing for CRCL right now is long Lighter / short Decibel at +5.5% net APR (high risk, ~0.5d to break even).
as of 2026-09-12 14:55 UTC
Best delta-neutral pairing
Long Lighter / Short Decibel
+5.5% net APR
- Backtested (30d)
- +5.2%
- Stability
- 84.3%
- Risk
- high
- Breakeven
- ~0.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeCRCL funding by exchange
Frequently asked
What is the CRCL funding rate right now?
CRCL perpetual funding ranges from -0.56% to 14.33% APR across 19 exchanges we track; the widest delta-neutral spread is long Lighter / short Decibel at 5.5% net APR.
Which exchange has the highest CRCL funding rate?
Phoenix currently has the highest at 14.33% APR. See the full ranking above.