Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.003%

Price spread now: Polymarket Perps against Bitget+0.022%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.022%, 7d avg −0.043%

Together, before fees−0.040%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.065% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.043%.

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	Polymarket Perps STRC-USD	98.912	0.0050	get 0.0006% / 1h	2m 17s	$70K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.022%Rate

Funding earned: $10.5
Price spread: +0.022% → −0.043%: $6.52
Slippage, 4 orders: −$34.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$37.68
Costs to cover: 0.547%
Break-even: 32.1 days

Slippage from Bitget: live order book, 1 min ago; Polymarket Perps: live order book, 55 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	4.55 bp	18.6 bp −$19	40.6 bp −$406	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 55 min ago	2.48 bp	7.1 bp −$7	8.1 bp −$81	10.2 bp −$1,020	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	99.028	+0.140%	$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_Perp	0.0000%	8h	99.003	+0.114%	$70K	$99K	10x	as long as short
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-USDshort	+0.0050%	1h	98.912	+0.022%	$70K	$159K	10x
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