Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.009%

Price spread now: QFEX against Aster+0.182%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$580.585% of the position

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.182%, 7d avg +0.025%

Together, before fees−0.159%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.157% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRCUSDT	98.790	0	get 0.0000% / 8h	54m 09s	$445K	$166K	20x
Short	QFEX STRC-USD	98.970	0.0014	get 0.0002% / 1h	54m 09s	$1.4M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.182%Rate

Funding earned: $2.92
Price spread: +0.182% → +0.025%: $15.72
Slippage, 4 orders: −$40.46
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$39.81
Costs to cover: 0.585%
Break-even: 102.3 days

Slippage from Aster: live order book, 23 min ago; QFEX: live order book, 3 min ago.

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, 23 min ago	5.06 bp	16.7 bp −$17	26.2 bp −$262	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	1.52 bp	6.5 bp −$7	11.5 bp −$115	doesn't fit	doesn't fit

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
Lighter STRC	0.0000%	1h	98.934	+0.146%	$840K	$167K	10x	as long as short
Aster STRCUSDTlong	0.0000%	8h	98.790	long leg	$445K	$166K	20x
Binance STRCUSDT	0.0000%	8h	98.978	+0.191%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	+0.122%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.890	+0.101%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.850	+0.061%	$4.4M	$82K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.962	+0.174%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.947	+0.159%	$70K	$110K	10x	as long as short
QFEX STRC-USDshort	+0.0014%	1h	98.970	+0.182%	$1.4M	$1.8M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.162%	$3K	$34K	12x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:STRC	+0.0050%	1h	98.928	+0.140%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.878	+0.089%	$70K	$182K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.800	+0.010%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.732	−0.059%	$52K	$357K	10x	as long as short