CRCL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackCRCL.US_USDC_PERP	84.430	+0.0050	pay 0.0006% / 1h	59m 05s	$237K	$14K	10x	Long Backpack
SHORT	Vest MarketsCRCL-USD-PERP	84.810	+0.0264	get 0.0033% / 1h	59m 05s	$170K	$11K	25x	Short Vest Markets+5% pts

Price gap+0.450%

Funding gap+0.0214% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.075% above its 7d average: +$7 more if it goes back.

If you open now and hold

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

Funding−$2+0.0214% /8h now · paid −0.016% over the last 7D

Price+$7spread +0.450% now, avg +0.375% → +0.075% if it goes back

Costsno datano order book for Vest Markets

Result, before costs+$6+0.06%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · What the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.016% in total, about −0.0008%/8h on average.

Price and funding

1h · history

Entry / Exit

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+0.450%

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 44 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Vest Markets: its slippage is not counted.
Note: Margin at max leverage$1,000 + $400
Backpack 10x, Vest Markets 25x. 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: +$6.41Long Backpack: 24 payments, −$1.50; short Vest Markets: 24 payments, +$7.91.
OK: Entry gap works for you+0.450% vs +0.375%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$170K vs $237K OI
Vest Markets sets your exit cost. Check its book before closing.
OK: Points on a legVest Markets points
Volume here counts toward the points program.
Watch: KYCBackpack Yes · Vest Markets No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0008%/8h × 21 periods−$1.61

Price spread+0.450% → +0.375% (7d avg)+$7.47

Slippage, 4 ordersno data for Vest Markets—

Fee Backpack bp × 2 orders−$10.00

Fee Vest Markets bp × 2 orders−$2.00

Net, fees only · 7 days · $10k−$6.14

Costs to cover0.120%Break-evennever at this rate

Slippage: Backpack: live order book, 24 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack1.777.0 bp−$7doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

CRCL news

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

10-23 08:04	Reya	Listing	$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
10-20 13:01	Reya	Listing	new market CRCLRUSDPERP ($CRCL) seen by our collector
10-13 15:17	Aster	Listing	new market CRCLUSD1 ($CRCL) seen by our collector
10-10 11:17	Phemex	Other	24h top movers on Phemex: $ADA $0.2509 ▲ 7.05% $PLTR $208.86 ▲ 4.79% $CRCL $85.17 ▲ 4.07% Crypto and TradFi names on the same board. One USDT account. 24/7. @Phemex_official on X ↗
10-09 02:01	SoDEX	Other	📊 SoDEX 24h Movers · Oct 9 82 of 92 markets lower. US equities broadly declined with the Dow down 0.66% and VIX rising, while energy and gold bucked the trend. AI tokens faced pressure as the investment narrative shifted from hardware supply to ROI validation. BTC ETFs saw $119M inflows while ETH ETFs saw $202M outflows. What moved them $PLTR · Nasdaq 100 components diverged; software and analytics stocks gained while AI infrastructure names pulled back. $CL · WTI crude surged 3.4% to $94.03/barrel as Saudi Arabia negotiated long-term oil contracts outside the Strait of Hormuz. $AAPL · Apple scheduled a smart home product launch on October 13 in New York and appointed a new M&A head under CEO John Ternus. $LIT · Citrini Research disclosed a crypto portfolio including LIT; Lighter's open interest hit a 2026 high with Robinhood contributing ~25% of fee $CRCL · Securitize listed Circle among upcoming tokenized stocks on Solana as part of its new 1:1 backed stock tokenization product. 10 up · 82 down · 0 flat across 92 perp markets. 24 also trade spot. FOMC, CPI, payrolls — consensus vs. actual, plus the Treasury curve — on one SoSoValue macro board. Trade 👉 @sodex_official on X ↗