Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.002%

Price spread now: QFEX against Bitget+0.081%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$570.568% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 7 days+0.033%+$3 · spread now +0.081%, 7d avg −0.006%

Together, before fees+0.061%+$6 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: QFEX is 0.087% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.900	0	get 0.0000% / 8h	4h 47m	$4.4M	$71K	20x
Short	QFEX STRC-USD	98.980	0.0003	get 0.0000% / 1h	47m 25s	$1.3M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0.55
Price spread: +0.081% → −0.006%: $8.71
Slippage, 4 orders: −$34.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$47.51
Costs to cover: 0.568%
Break-even: 606.9 days

Slippage from Bitget: live order book, 6 min ago; QFEX: live order book, 9 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, 6 min ago	3.54 bp	20.1 bp −$20	40.9 bp −$409	doesn't fit	doesn't fit
Sell QFEX live order book, 9 min ago	2.02 bp	8.0 bp −$8	13.8 bp −$138	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	−0.0264%	8h	98.860	−0.041%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.992	+0.093%	$840K	$156K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.996	+0.097%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.890	−0.010%	$743K	$72K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.990	+0.091%	$974K	$76K	20x	as long as short
Bitget STRCUSDTlong	0.0000%	8h	98.900	long leg	$4.4M	$71K	20x
Variational Omni STRC	0.0000%	8h	98.988	+0.089%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.008	+0.109%	$70K	$100K	10x	as long as short
QFEX STRC-USDshort	+0.0003%	1h	98.980	+0.081%	$1.3M	$1.7M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.051%	$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	98.907	+0.007%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.885	−0.015%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0052%	8h	98.890	−0.010%	$317K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.771	−0.130%	$52K	$357K	10x	as long as short