CRCL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniCRCL	66.986	+0.0436	pay 0.0436% / 8h	7h 45m	$1.6M	$1.3M	20x	Long Variational Omni+15% pts
SHORT	BulkCRCL-USD	66.352	+0.0100	get 0.0013% / 1h	45m 39s	$241K	$593K	10x	Short Bulk

Price gap−0.947%

Funding gap−0.0336% /8h

Both sides work against this direction now: funding costs $10 a day on $10k and the gap is 0.955% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$17−0.0336% /8h now · paid −0.172% over the last 4 days (all we have)

Price−$95spread −0.947% now, avg +0.008% → −0.955% if it goes back

Costs−$340.339% of $10k · taker + slippage, in and out

Result−$147−1.47%+ Points / potential airdropVariational Omni: points · farm board

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−0.947%

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 books9.9 / 7.6 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $1,000
Variational Omni 20x, Bulk 10x. 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: −$10.07Long Variational Omni: 3 payments, −$13.07; short Bulk: 24 payments, +$3.00.
Watch: Gap narrower than usual−0.947% vs +0.008%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$241K 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 legVariational Omni No · Bulk 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−0.0138%/8h × 21 periods−$28.88

Price spread−0.947% → +0.008% (7d avg)−$95.50

Slippage, 4 orderslive order books−$26.91

Fee Variational Omni bp × 2 orders$0.00

Fee Bulk bp × 2 orders−$7.00

Net · 7 days · $10k−$158.29

Costs to cover0.339%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 1 min ago; Bulk: live order book, 36 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni3.889.9 bp−$1016.0 bp−$160doesn’t fitdoesn’t fit

SELL · SHORTBulk0.587.6 bp−$817.6 bp−$176doesn’t fitdoesn’t fit

Closing costs about the same again.

CRCL news

posts that mention CRCL or Circle Internet Group, from every exchange

11-04 19:06	Ondo Perps	Other	Eligible 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 16:01	Phoenix	Other	$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 $CRCL on Phoenix, 24/7. @PhoenixTrade on X ↗
11-03 16:43	Entropy	Listing	New Listing: Circle ($CRCL) at 15x Leverage. @entropyIO on X ↗
11-03 16:03	Entropy	Listing	new market io:CRCL ($CRCL) seen by our collector
11-03 12:30	OKX	Other	This 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 11:10	Bulk	Other	STOCK 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 ↗