By spherical symmetry, place the geodesic in the equatorial plane . With
the geodesic Lagrangian is
where is the constant squared norm of the tangent: for a unit-speed timelike geodesic and for a null geodesic. The cyclic coordinates and give the conserved quantities
Substitution into the normalization gives
Multiplying by and rearranging produces
This is the timelike geodesic effective potential form, with the same derivation applying to any affinely parametrized causal geodesic.
The radial equation for a circular geodesic, or equivalently , gives the Angular velocity of a circular Schwarzschild geodesic
One orbit therefore takes Schwarzschild coordinate time
Observer is static at infinity, where coordinate time equals proper time, so
For the static observer at radius , , and the Schwarzschild spacetime metric gives
Thus
Along ,
where was used. Hence the Proper period of a circular Schwarzschild geodesic is
Since ,
Relative to the distant observer, the static clock suffers gravitational time dilation. The orbiting clock suffers the same gravitational effect together with the kinematic time dilation caused by its orbital motion, so it accumulates the least proper time.

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