CRCL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterCRCLUSDT	82.593	+0.0337	pay 0.0337% / 8h	5h 59m	$1.1M	$1.5M	20x	Long Aster≤10% back
SHORT	PopdexCRCLUSDT	82.570	+0.0072	get 0.0009% / 1h	59m 01s	$368K	$181K	20x	Short Popdex

Price gap−0.028%49s

Funding gap−0.0265% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.037% under its 7d average. Swap the legs.

The two prices were read 49 s apart: part of this gap may be the market moving.

If you open now and hold

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

Funding−$28−0.0265% /8h now · paid −0.280% over the last 7D

Price—spread −0.028%49s now · prices read too far apart to compare

Costs−$270.271% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropAster: Stage 5 · farm boardneeds both prices read together

Price and funding

1h · history

Entry / ExitPopdex: 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−0.028%

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 · 3 to watch

OK: Fits both order books6.7 / 7.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $500
Aster 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$7.94Long Aster: 3 payments, −$10.10; short Popdex: 24 payments, +$2.16.
Watch: Prices read 49 s apart−0.028% vs +0.010%
Part of this gap may be the market moving.
Watch: Short leg is thinner$368K vs $1.1M OI
Popdex sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legAster 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−0.0147%/8h × 21 periods−$30.78

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$12.71

Fee Aster bp × 2 orders−$8.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$57.89

price spread not counted: prices read too far apart

Costs to cover0.271%Break-evennever at this rate

Slippage: Aster: live order book, 4 min ago; Popdex: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster1.826.7 bp−$713.2 bp−$132doesn’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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