Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0498%/8h= +54.5% APRpaid last 24h +0.029%

Price spread now: Injective against Aster+0.071%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 0.071% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRCUSDT	98.880	−0.0465	get 0.0465% / 8h	1h 38m	$446K	$67K	20x
Short	Injective STRC/USDC PERP	98.950	0.0033	get 0.0004% / 1h	38m 57s	$3K	$34K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee InjectivebpOrdersPrice spread, now +0.071%Rate

Funding earned: $104.55
Price spread: +0.071% → 0.000%: $7.08
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $103.61
Costs to cover: 0.080%
Break-even: 0.1 days

Slippage unknown: Aster: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 3 min ago	3.04 bp	9.3 bp −$9	16.4 bp −$164	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster STRCUSDTlong	−0.0465%	8h	98.880	long leg	$446K	$67K	20x
Lighter STRC	0.0000%	1h	98.974	+0.095%	$896K	$197K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.019	+0.141%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.880	0.000%	$741K	$76K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.960	+0.081%	$974K	$75K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.880	0.000%	$4.4M	$81K	20x	as long as short
Variational Omni STRC	0.0000%	8h	99.018	+0.139%	$1.5M	$256K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.007	+0.128%	$70K	$94K	10x	as long as short
QFEX STRC-USD	+0.0025%	1h	98.980	+0.101%	$1.4M	$1.1M	10x	as long as short
Injective STRC/USDC PERPshort	+0.0033%	1h	98.950	+0.071%	$3K	$34K	12x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:STRC	+0.0050%	1h	98.941	+0.062%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.914	+0.034%	$70K	$162K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.900	+0.020%	$316K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.801	−0.080%	$52K	$360K	10x	as long as short