Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.010%
Price spread now: Polymarket Perps against Binance−0.103%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs+$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.490%+$49 on $10k
+Price spread, last 2 days (all we have)+0.015%+$2 · spread now −0.103%, 7d avg −0.106%
=The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STRCUSDT | 98.943 | 0 | get 0.0000% / 8h | 2h 29m | $6.0M | $3.2M | 25x |
| Short | Polymarket Perps STRC-USD | 98.841 | 0.0050 | get 0.0006% / 1h | 29m 18s | $70K | $182K | 10x |
Binance STRCUSDT
Polymarket Perps STRC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.103% → −0.106%
- $0.24
- Slippage, 4 orders
- −$12.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$20.18
- Costs to cover
- 0.309%
- Break-even
- 20.5 days
Slippage from Binance: live order book, 9 min ago; Polymarket Perps: live order book, 57 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, 9 min ago | 0.50 bp | 8.4 bp −$8 | 33.3 bp −$333 | 98.1 bp −$9,812 | doesn't fit |
| Sell Polymarket Perps live order book, 57 min ago | 2.63 bp | 7.3 bp −$7 | 8.7 bp −$87 | 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 | −0.0117% | 8h | 98.849 | −0.095% | $445K | $169K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.920 | −0.024% | $840K | $166K | 10x | as long as short |
| Binance STRCUSDTlong | 0.0000% | 8h | 98.943 | long leg | $6.0M | $3.2M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.820 | −0.125% | $741K | $81K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.860 | −0.084% | $973K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.860 | −0.084% | $4.4M | $78K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.931 | −0.013% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.949 | +0.006% | $70K | $112K | 10x | as long as short |
| QFEX STRC-USD | +0.0026% | 1h | 98.960 | +0.017% | $1.3M | $1.7M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.007% | $3K | $34K | 12x | as long as short |
Aster STRCUSDT
Lighter STRC
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
QFEX STRC-USD
Injective STRC/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:STRC | +0.0050% | 1h | 98.893 | −0.051% | $10.7M | $2.1M | 10x | as long as short |
| Polymarket Perps STRC-USDshort | +0.0050% | 1h | 98.841 | −0.103% | $70K | $182K | 10x | |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.880 | −0.064% | $303K | $1.1M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.722 | −0.224% | $52K | $355K | 10x | as long as short |
tradeXYZ xyz:STRC
KuCoin STRCUSDTM
HTX STRC-USDT