CRCL funding arbitrage: bybit vs phoenix

Long CRCLUSDT on bybit against short CRCL on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitCRCLUSDT0.0000% / 8h+0.00%$17.76M$7.21M
ShortphoenixCRCL0.0017% / 1h+14.55%$638.4K$8.7K

Funding spread +14.55% APR. Price spread -0.0608%.

Data generated at 2026-09-01T05:32:27Z. Live numbers load on this page automatically.