CRCL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ArcusCRCL-USD	82.520	+0.0394	pay 0.0049% / 1h	58m 19s	$144K	$145K	10x	Long Arcus5% off
SHORT	PopdexCRCLUSDT	82.560	+0.0048	get 0.0006% / 1h	58m 19s	$368K	$175K	20x	Short Popdex

Price gap+0.048%

Funding gap−0.0346% /8h

Funding costs $10 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$26−0.0346% /8h now · paid −0.260% over the last 7D

Price−$1spread +0.048% now, avg +0.055% → −0.006% if it goes back

Costs−$290.292% of $10k · taker + slippage, in and out

Result−$56−0.56%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / ExitArcus: thin, under $1M open interest · Popdex: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.048%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CRCL on 36 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

OK: Fits both order books5.3 / 7.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $500
Arcus 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$10.39Long Arcus: 24 payments, −$11.83; short Popdex: 24 payments, +$1.44.
Note: Gap at its usual level+0.048% vs +0.055%
The price leg adds little either way.
Watch: Long leg is thinner$144K vs $368K OI
Arcus sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legArcus No · Popdex No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0136%/8h × 21 periods−$28.57

Price spread+0.048% → +0.055% (7d avg)−$0.63

Slippage, 4 orderslive order books−$18.27

Fee Arcus bp × 2 orders−$4.50

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$58.37

Costs to cover0.292%Break-evennever at this rate

Slippage: Arcus: live order book, 34 min ago; Popdex: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGArcus3.025.3 bp−$59.7 bp−$97doesn’t fitdoesn’t fit

SELL · SHORTPopdex1.817.5 bp−$816.5 bp−$165doesn’t fitdoesn’t fit

Closing costs about the same again.

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchangeSearch all news →

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09-21 13:35	gTrade (Gains Network)	Listing	new market CRCL/USD ($CRCL) seen by our collector
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