Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.012%

Price spread now: QFEX against GRVT+0.021%7-day average −0.071% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.021%, 7d avg −0.071%

Together, before fees+0.019%+ Points / potential airdropGRVT: Active · farm board+$2 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 0.093% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT STRC_USDT_Perp	98.939	0	get 0.0000% / 8h	3h 01m	$70K	$97K	10x
Short	QFEX STRC-USD	98.960	0.0002	get 0.0000% / 1h	1m 02s	$1.4M	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0.32
Price spread: +0.021% → −0.071%: $9.28
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$9.4
Costs to cover: 0.190%
Break-even: 213.2 days

Slippage unknown: GRVT: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.

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 no order-book sample	—	—	—	—	—
Sell QFEX live order book, 5 min ago	2.53 bp	7.5 bp −$8	13.7 bp −$137	doesn't fit	doesn't fit

GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0478%	8h	98.880	−0.060%	$445K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.916	−0.023%	$896K	$212K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.971	+0.033%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.810	−0.130%	$742K	$76K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.910	−0.029%	$974K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.870	−0.070%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.948	+0.009%	$1.5M	$255K	—	as long as short
GRVT STRC_USDT_Perplong	0.0000%	8h	98.939	long leg	$70K	$97K	10x
QFEX STRC-USDshort	+0.0002%	1h	98.960	+0.021%	$1.4M	$1.3M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.011%	$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	+0.0038%	1h	98.890	−0.049%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.844	−0.096%	$70K	$162K	10x	as long as short
KuCoin STRCUSDTM	+0.0081%	8h	98.790	−0.151%	$317K	$1.1M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.695	−0.247%	$52K	$359K	10x	as long as short