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 −0.008%

Price spread now: GRVT against Bitget+0.114%53s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$720.723% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.114%, 7d avg +0.029%

Together, before fees−0.157%+ Points / potential airdropGRVT: Active · farm board−$16 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: GRVT is 0.085% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.890	0	get 0.0000% / 8h	4h 02m	$4.4M	$72K	20x
Short	GRVT STRC_USDT_Perp	99.003	0	get 0.0000% / 8h	4h 02m	$70K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.114%Rate

Funding earned: $0
Price spread: +0.114% → +0.029%: $8.54
Slippage, 4 orders: −$51.27
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$63.73
Costs to cover: 0.723%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 54 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, 5 min ago	4.55 bp	18.6 bp −$19	40.3 bp −$403	doesn't fit	doesn't fit
Sell GRVT live order book, 54 min ago	2.53 bp	20.2 bp −$20	47.6 bp −$476	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	−0.0406%	8h	98.860	−0.031%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.988	+0.099%	$840K	$156K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.037	+0.148%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.920	+0.030%	$743K	$72K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.990	+0.101%	$975K	$77K	20x	as long as short
Bitget STRCUSDTlong	0.0000%	8h	98.890	long leg	$4.4M	$72K	20x
Variational Omni STRC	0.0000%	8h	99.018	+0.129%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perpshort	0.0000%	8h	99.003	+0.114%	$70K	$99K	10x
QFEX STRC-USD	+0.0003%	1h	99.010	+0.121%	$1.4M	$1.5M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.061%	$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	98.946	+0.057%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.911	+0.021%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0092%	8h	98.920	+0.030%	$317K	$1.1M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.834	−0.057%	$52K	$359K	10x	as long as short