Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against Bitget+0.094%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$930.934% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.409%−$41 on $10k

Price spread, last 2 days (all we have)−0.058%−$6 · spread now +0.094%, 7d avg +0.063%

Together, before fees−0.467%−$47 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: Binance is 0.031% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.850	0	get 0.0000% / 8h	2h 37m	$4.4M	$78K	20x
Short	Binance STRCUSDT	98.943	0	get 0.0000% / 8h	2h 37m	$6.0M	$3.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.094%Rate

Funding earned: $0
Price spread: +0.094% → +0.063%: $3.13
Slippage, 4 orders: −$71.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$90.3
Costs to cover: 0.934%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 1 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 Bitget live order book, 1 min ago	3.54 bp	28.1 bp −$28	31.0 bp −$310	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.50 bp	8.1 bp −$8	30.2 bp −$302	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	−0.0136%	8h	98.849	−0.001%	$445K	$169K	20x	as long as short
Lighter STRC	0.0000%	1h	98.948	+0.099%	$842K	$164K	10x	as long as short
Binance STRCUSDTshort	0.0000%	8h	98.943	+0.094%	$6.0M	$3.2M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.820	−0.030%	$741K	$81K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.850	0.000%	$973K	$79K	20x	as long as short
Bitget STRCUSDTlong	0.0000%	8h	98.850	long leg	$4.4M	$78K	20x
Variational Omni STRC	0.0000%	8h	98.950	+0.101%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.949	+0.100%	$70K	$112K	10x	as long as short
QFEX STRC-USD	+0.0026%	1h	98.940	+0.091%	$1.3M	$1.6M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.101%	$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	98.889	+0.039%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.846	−0.004%	$70K	$182K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.880	+0.030%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.792	−0.059%	$51K	$355K	10x	as long as short