A differential circuit with a function of a variable gain without shifting the output cross point is disclosed. The differential circuit includes an amplifying stage and a control stage. The amplifying stage includes three units each having a pair of transistors, a pair of load resistors, and a pair of current sources. The second and third units each put between the first unit and the load resistor to bypass the current. The control stage includes two units and two current sources to compensate the current bypassed by the second or third unit to keep the DC output level substantially in constant.