VOL. I · NO. 04 ·
2026
UTC --:--:--
perpsindex.
← RWA / CRCL / Felix Exchange vs Lighter
Circle · Equities ·Mark $84

Felix Exchange->CRCL<-Lighter

aligning snapshots…
Spread over time Felix Exchange rate − Lighter rate, normalized to 1h
1d 7d 30d 90d
Current spread
−0.0432 %
Felix Exchange − Lighter
24h change
·
from yesterday
7d average
−0.0158%
rolling mean
30d average
−0.0158%
rolling mean
Capturable
Aligned
snapshots fire together
※ Editor's note

The spread between Felix Exchange (1h window) and Lighter (1h window) is easier to read because both venues fire on the same clock. The displayed spread will rarely be the realized spread. Alignment, not magnitude, is the question you should be asking. Read the article →