Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.051%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1191.192% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days−0.065%−$6 · spread now −0.051%, 7d avg −0.021%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRCUSDT	98.960	0	get 0.0000% / 8h	3h 11m	$6.0M	$3.3M	25x
Short	Gate STRC_USDT	98.910	0	get 0.0000% / 8h	3h 11m	$974K	$77K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.051%Rate

Funding earned: $0
Price spread: −0.051% → −0.021%: −$2.9
Slippage, 4 orders: −$94.16
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$122.06
Costs to cover: 1.192%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Gate: live order book, 40 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 Binance live order book, 12 min ago	0.50 bp	8.4 bp −$8	33.2 bp −$332	97.8 bp −$9,784	doesn't fit
Sell Gate live order book, 40 min ago	7.58 bp	72.2 bp −$72	doesn't fit	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
Aster STRCUSDT	−0.0474%	8h	98.880	−0.081%	$445K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.918	−0.042%	$869K	$182K	10x	as long as short
Binance STRCUSDTlong	0.0000%	8h	98.960	long leg	$6.0M	$3.3M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.820	−0.141%	$742K	$75K	25x	as long as short
Gate STRC_USDTshort	0.0000%	8h	98.910	−0.051%	$974K	$77K	20x
Bitget STRCUSDT	0.0000%	8h	98.870	−0.091%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.948	−0.012%	$1.5M	$255K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.941	−0.019%	$70K	$98K	10x	as long as short
QFEX STRC-USD	+0.0002%	1h	98.960	0.000%	$1.4M	$1.3M	10x	as long as short
tradeXYZ xyz:STRC	+0.0027%	1h	98.890	−0.071%	$10.6M	$2.2M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective STRC/USDC PERP	+0.0033%	1h	98.950	−0.010%	$3K	$34K	12x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.844	−0.117%	$70K	$162K	10x	as long as short
KuCoin STRCUSDTM	+0.0091%	8h	98.800	−0.162%	$317K	$1.1M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.775	−0.187%	$52K	$359K	10x	as long as short