Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: OKX against Binance−0.059%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$620.616% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.059%, 7d avg −0.081%

Together, before fees−0.293%−$29 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: OKX is 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRCUSDT	98.968	0	get 0.0000% / 8h	7h 03m	$6.1M	$3.3M	25x
Short	OKX STRC-USDT-SWAP	98.910	0	get 0.0000% / 8h	7h 03m	$741K	$75K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.081%: $2.26
Slippage, 4 orders: −$41.58
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$59.33
Costs to cover: 0.616%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; OKX: live order book, 28 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, 5 min ago	0.50 bp	8.7 bp −$9	34.9 bp −$349	99.1 bp −$9,909	doesn't fit
Sell OKX live order book, 28 min ago	1.52 bp	29.4 bp −$29	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	−0.0485%	8h	98.904	−0.065%	$446K	$67K	20x	as long as short
Lighter STRC	−0.0088%	1h	98.827	−0.143%	$889K	$209K	10x	as long as short
tradeXYZ xyz:STRC	−0.0082%	1h	98.941	−0.028%	$10.6M	$2.2M	10x	as long as short
Binance STRCUSDTlong	0.0000%	8h	98.968	long leg	$6.1M	$3.3M	25x
OKX STRC-USDT-SWAPshort	0.0000%	8h	98.910	−0.059%	$741K	$75K	25x
Gate STRC_USDT	0.0000%	8h	98.960	−0.008%	$972K	$76K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.890	−0.079%	$4.4M	$76K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.949	−0.020%	$1.4M	$311K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.961	−0.007%	$70K	$92K	10x	as long as short
QFEX STRC-USD	+0.0006%	1h	98.940	−0.029%	$1.3M	$929K	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	−0.018%	$3K	$34K	12x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.930	−0.039%	$70K	$40K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.990	+0.022%	$317K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.802	−0.168%	$52K	$362K	10x	as long as short