Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG68.025+0.0100pay 0.0013% / 1h39m 36s$155K$648K10xLong Bulk
SHORT67.708+0.0423get 0.0423% / 8h7h 39m$1.6M$1.3M20xShort Variational Omni+15% pts
Price gap−0.467%
Funding gap+0.0323% /8h

Funding pays +$10 a day on $10k, but the gap is 0.459% under its 7d average: −$46 if it goes back, about 4.7 days of funding. At the last 7 days' pace that is about 11 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$17+0.0323% /8h now · paid +0.172% over the last 4 days (all we have)
Price−$46spread −0.467% now, avg −0.008% → −0.459% if it goes back
Costs−$380.379% of $10k · taker + slippage, in and out
Result−$67−0.67%+ Points / potential airdropVariational Omni: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.467%
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 45 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books9.2 / 6.9 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $500
    Bulk 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$9.68Long Bulk: 24 payments, −$3.00; short Variational Omni: 3 payments, +$12.68.
  • Watch: Gap narrower than usual−0.467% vs −0.008%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$155K vs $1.6M OI
    Bulk sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legBulk No · Variational Omni 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+0.0137%/8h × 21 periods+$28.85
Price spread−0.467% → −0.008% (7d avg)−$45.90
Slippage, 4 orderslive order books−$30.87
Fee Bulk bp × 2 orders−$7.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$54.93
Costs to cover0.379%Break-even20.3 days
Slippage: Bulk: live order book, 42 min ago; Variational Omni: RFQ quote, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBulk0.589.2 bp−$922.4 bp−$224doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.876.9 bp−$79.9 bp−$99doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchange
11-04 19:06Ondo PerpsOtherEligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
11-04 16:01PhoenixOther$13.9T of USDC moved onchain last quarter, up 49% from a year ago. Circle reported Q3 revenue of $865M this morning, up 17%. Trade $CRCL on Phoenix, 24/7. @PhoenixTrade on X ↗
11-03 16:43EntropyListingNew Listing: Circle ($CRCL) at 15x Leverage. @entropyIO on X ↗
11-03 16:03EntropyListingnew market io:CRCL ($CRCL) seen by our collector
11-03 12:30OKXOtherThis week, $SHOP, $AMD, $CRCL & $QCOM report earnings after market close. Trade both names 24/7 with Tokenized Stocks, or take a long or short view with up to 10x leverage on X-Perps. Markets move. You do too. @okx on X ↗
11-03 11:10BulkOtherSTOCK SZN CONTINUES Trade $NVDA, $CRCL and $MSTR up to 10x leverage! >Fees are 55% off on all RWAs >This weeks gauntlet is stock szn >You get to tell your parents your an equities investor What are you waiting for? @bulktrade on X ↗