Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.053%

Price spread now: tradeXYZ against Bitget+0.037%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$790.787% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.427%−$43 on $10k

Price spread, last 7 days−0.079%−$8 · spread now +0.037%, 7d avg −0.053%

Together, before fees−0.506%+ Points / potential airdroptradeXYZ: Active · farm board−$51 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 tradeXYZ is 0.091% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.427%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.840	0	get 0.0000% / 8h	1h 07m	$4.4M	$81K	20x
Short	tradeXYZ xyz:STRC	98.877	0.0050	get 0.0006% / 1h	7m 11s	$10.7M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.037%Rate

Funding earned: $10.5
Price spread: +0.037% → −0.053%: $9.09
Slippage, 4 orders: −$48.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$59.14
Costs to cover: 0.787%
Break-even: 46.4 days

Slippage from Bitget: live order book, 6 min ago; tradeXYZ: live order book, 12 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	2.53 bp	31.4 bp −$31	36.0 bp −$360	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 12 min ago	1.01 bp	13.0 bp −$13	doesn't fit	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
Lighter STRC	0.0000%	1h	98.891	+0.052%	$839K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.760	−0.081%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.947	+0.108%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.850	+0.010%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.870	+0.030%	$973K	$79K	20x	as long as short
Bitget STRCUSDTlong	0.0000%	8h	98.840	long leg	$4.4M	$81K	20x
Variational Omni STRC	0.0000%	8h	98.802	−0.039%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.931	+0.092%	$70K	$111K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.111%	$3K	$34K	12x	as long as short
tradeXYZ xyz:STRCshort	+0.0050%	1h	98.877	+0.037%	$10.7M	$2.1M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps STRC-USD	+0.0050%	1h	98.850	+0.010%	$70K	$182K	10x	as long as short
QFEX STRC-USD	+0.0059%	1h	98.930	+0.091%	$1.4M	$1.8M	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.720	−0.121%	$303K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.742	−0.099%	$51K	$357K	10x	as long as short