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 0.000%

Price spread now: Binance against Gate+0.088%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$168as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1121.125% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.560%−$56 on $10k

Price spread, last 2 days (all we have)−0.098%−$10 · spread now +0.088%, 7d avg +0.019%

Together, before fees−0.659%−$66 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 0.069% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate STRC_USDT	98.890	0	get 0.0000% / 8h	57m 52s	$974K	$79K	20x
Short	Binance STRCUSDT	98.977	0	get 0.0000% / 8h	57m 52s	$6.0M	$3.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → +0.019%: $6.88
Slippage, 4 orders: −$87.47
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$105.59
Costs to cover: 1.125%
Break-even: never at this rate

Slippage from Gate: live order book, 19 min ago; Binance: live order book, 11 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 Gate live order book, 19 min ago	6.07 bp	26.7 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.50 bp	11.2 bp −$11	37.0 bp −$370	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	98.929	+0.039%	$840K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.789	−0.102%	$445K	$166K	20x	as long as short
Binance STRCUSDTshort	0.0000%	8h	98.977	+0.088%	$6.0M	$3.4M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	+0.020%	$741K	$83K	25x	as long as short
Gate STRC_USDTlong	0.0000%	8h	98.890	long leg	$974K	$79K	20x
Bitget STRCUSDT	0.0000%	8h	98.860	−0.030%	$4.4M	$82K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.957	+0.067%	$1.5M	$263K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.940	+0.051%	$70K	$111K	10x	as long as short
QFEX STRC-USD	+0.0014%	1h	98.960	+0.071%	$1.4M	$1.8M	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	98.931	+0.041%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.878	−0.012%	$70K	$182K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.780	−0.111%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.785	−0.106%	$51K	$357K	10x	as long as short