Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.010%

Price spread now: Polymarket Perps against GRVT−0.075%63s7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as 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−$470.474% of the position

Long on GRVT Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.075%, 7d avg −0.077%

Together, before fees+0.070%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 63 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	GRVT STRC_USDT_Perp	98.952	0	get 0.0000% / 8h	52m 14s	$70K	$110K	10x
Short	Polymarket Perps STRC-USD	98.878	0.0050	get 0.0006% / 1h	52m 14s	$70K	$182K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GRVT. 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 GRVTbpFee Polymarket PerpsbpOrdersPrice spread, now −0.075%Rate

Funding earned: $10.5
Price spread: −0.075% → −0.077%: $0.15
Slippage, 4 orders: −$30.39
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$36.74
Costs to cover: 0.474%
Break-even: 31.5 days

Slippage from GRVT: live order book, 24 min ago; Polymarket Perps: live order book, 24 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 GRVT live order book, 24 min ago	2.53 bp	14.7 bp −$15	54.9 bp −$549	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 24 min ago	2.28 bp	6.9 bp −$7	9.1 bp −$91	11.8 bp −$1,179	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	98.937	−0.015%	$840K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.789	−0.165%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.973	+0.021%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	−0.043%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.890	−0.063%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.840	−0.114%	$4.4M	$82K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.962	+0.009%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perplong	0.0000%	8h	98.952	long leg	$70K	$110K	10x
QFEX STRC-USD	+0.0014%	1h	98.980	+0.028%	$1.4M	$1.8M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	−0.002%	$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	98.927	−0.026%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDshort	+0.0050%	1h	98.878	−0.075%	$70K	$182K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.810	−0.144%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.767	−0.187%	$52K	$357K	10x	as long as short