Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0456%/8h= +49.9% APRpaid last 24h +0.008%
Price spread now: Polymarket Perps against Aster+0.053%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$570.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.053%, 7d avg −0.022%
Together, before fees−0.104%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Polymarket Perps is 0.074% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.022%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STRCUSDT98.860−0.0406get 0.0406% / 8h4h 02m$445K$161K20x
ShortPolymarket Perps STRC-USD98.9120.0050get 0.0006% / 1h2m 13s$70K$159K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$95.77
Price spread: +0.053% → −0.022%
$7.44
Slippage, 4 orders
−$40.72
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$46.49
Costs to cover
0.567%
Break-even
3.6 days
Slippage from Aster: live order book, 55 min ago; Polymarket Perps: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 55 min ago1.52 bp9.0 bp −$916.8 bp −$168doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 55 min ago2.48 bp7.1 bp −$78.1 bp −$8110.2 bp −$1,020doesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STRCUSDTlong−0.0406%8h98.860long leg$445K$161K20x
Lighter STRC0.0000%1h98.988+0.130%$840K$156K10xas long as short
Binance STRCUSDT0.0000%8h99.032+0.174%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.920+0.061%$743K$72K25xas long as short
Gate STRC_USDT0.0000%8h98.990+0.132%$975K$77K20xas long as short
Bitget STRCUSDT0.0000%8h98.890+0.031%$4.4M$72K20xas long as short
Variational Omni STRC0.0000%8h99.018+0.160%$1.5M$261Kas long as short
GRVT STRC_USDT_Perp0.0000%8h99.003+0.145%$70K$99K10xas long as short
QFEX STRC-USD+0.0003%1h99.010+0.152%$1.4M$1.5M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.091%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.946+0.087%$10.6M$2.2M10xas long as short
Polymarket Perps STRC-USDshort+0.0050%1h98.912+0.053%$70K$159K10x
KuCoin STRCUSDTM+0.0092%8h98.920+0.061%$317K$1.1M20xas long as short
HTX STRC-USDT+0.0100%8h98.816−0.044%$52K$359K10xas long as short