Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Binance−0.071%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$514as in the Price arb table
costs, in and out, $10k−$5205.197% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.071%, 7d avg −0.128%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.058% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STRCUSDT | 99.000 | 0 | get 0.0000% / 8h | 1h 55m | $6.0M | $3.3M | 25x |
| Short | KuCoin STRCUSDTM | 98.930 | 0.0100 | get 0.0100% / 8h | 1h 55m | $317K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.071% → −0.128%
- $5.77
- Slippage, 4 orders
- −$497.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$492.9
- Costs to cover
- 5.197%
- Break-even
- 171.3 days
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 9 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, 13 min ago | 0.50 bp | 8.3 bp −$8 | 31.4 bp −$314 | 92.6 bp −$9,262 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 2.02 bp | 264.4 bp −$264 | 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 | −0.0477% | 8h | 98.880 | −0.121% | $446K | $67K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.970 | −0.030% | $897K | $196K | 10x | as long as short |
| Binance STRCUSDTlong | 0.0000% | 8h | 99.000 | long leg | $6.0M | $3.3M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.910 | −0.091% | $741K | $76K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.960 | −0.040% | $974K | $75K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.890 | −0.111% | $4.4M | $82K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.998 | −0.002% | $1.5M | $256K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 99.021 | +0.021% | $70K | $96K | 10x | as long as short |
| QFEX STRC-USD | +0.0025% | 1h | 98.960 | −0.040% | $1.4M | $1.1M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | −0.051% | $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 | 98.931 | −0.070% | $10.6M | $2.2M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.915 | −0.086% | $70K | $162K | 10x | as long as short |
| KuCoin STRCUSDTMshort | +0.0100% | 8h | 98.930 | −0.071% | $317K | $1.0M | 20x | |
| HTX STRC-USDT | +0.0100% | 8h | 98.772 | −0.230% | $52K | $361K | 10x | as long as short |
Binance STRCUSDT
KuCoin STRCUSDTM
Aster STRCUSDT
Lighter STRC
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
HTX STRC-USDT