I made a compasses.  It works very well. It can cut  and draw circles. Dual-function integration. Hope this is helpful to you.

Assembly drawing

Adjust the placement direction according to your preference.

Utility Knife 18mm Snap-off Blades 14 or 15 segments

Similar to what is shown in the figure above.

This model was printed using PLA. (fill in 10%，using a lower layer high (0.2mm)，no support)