CRCL funding rate on Variational

Funding APR
+13.04%
0.0119% / 8h
Interval
8h
next 00:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
18
listing this pair

Over the last 30 days, CRCL funding on Variational averaged +5.2% APR and stayed positive 32.7% of the time, ranging from -141.0% to +141.4%. Right now it pays longs pay shorts at +13.0% APR, settled every 8h across 18 venues we track. The most reliable delta-neutral pairing for CRCL right now is long Lighter / short Arcus at +80.7% net APR (high risk, ~0.4d to break even).

as of 2026-09-04 17:07 UTC

CRCL funding history on Variationallast 30d

30d average
+5.22%
Range
-141% / 141%
% positive
32.7%
Volatility
19.3
Best delta-neutral pairing
Long Variational / Short Arcus
+70.4% net APR
Backtested (30d)
+9.8%
Stability
83.7%
Risk
medium
Breakeven
~0.6d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How CRCL funding compares across venues

ExchangeFunding APR
Arcus+87.25%
Phoenix+39.37%
TradeXYZ+36.20%
Extended+24.53%
Aster+22.62%
TxFlow+17.57%
Nado+15.45%
Variational+13.04%
Pacifica+10.95%
Decibel+10.51%
Paradex+9.20%
Ondo+5.52%
Polymarket+5.47%
SoDEX+5.47%
Lighter+3.50%
Lighter RH+3.50%
Grvt+1.86%
QFEX+0.00%

Frequently asked

What is the current CRCL funding rate on Variational?

CRCL on Variational is funding at 13.04% APR (0.0119% every 8h), paid longs pay shorts, as of 2026-09-04 17:07 UTC.

How often does Variational pay funding on CRCL?

Every 8 hours.

How do I earn CRCL funding without price risk?

Open a delta-neutral position: long Variational and short Arcus, currently 70.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy