Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against HTX+0.153%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$880.876% of the position
Funding, last 7 days−0.759%−$76 on $10k
+Price spread, last 2 days (all we have)+0.031%+$3 · spread now +0.153%, 7d avg +0.200%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.047% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.200%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX STRC-USDT | 98.789 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $52K | $355K | 10x |
| Short | Binance STRCUSDT | 98.940 | 0 | get 0.0000% / 8h | 2h 32m | $6.0M | $3.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.153% → +0.200%
- −$4.69
- Slippage, 4 orders
- −$65.6
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.29
- Costs to cover
- 0.876%
- Break-even
- never at this rate
Slippage from HTX: live order book, 55 min ago; Binance: live order book, 6 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 HTX live order book, 55 min ago | 11.40 bp | 53.5 bp −$54 | 90.2 bp −$902 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.50 bp | 8.1 bp −$8 | 30.2 bp −$302 | 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 | −0.0123% | 8h | 98.851 | +0.062% | $445K | $169K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.951 | +0.164% | $842K | $164K | 10x | as long as short |
| Binance STRCUSDTshort | 0.0000% | 8h | 98.940 | +0.153% | $6.0M | $3.2M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.820 | +0.031% | $741K | $81K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.850 | +0.062% | $973K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.840 | +0.052% | $4.4M | $78K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.942 | +0.154% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.908 | +0.120% | $70K | $111K | 10x | as long as short |
| QFEX STRC-USD | +0.0026% | 1h | 98.930 | +0.143% | $1.3M | $1.6M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.163% | $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 | 98.892 | +0.104% | $10.7M | $2.1M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.842 | +0.054% | $70K | $182K | 10x | as long as short |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.890 | +0.102% | $303K | $1.0M | 20x | as long as short |
| HTX STRC-USDTlong | +0.0100% | 8h | 98.789 | long leg | $52K | $355K | 10x |
HTX STRC-USDT
Binance STRCUSDT
Aster STRCUSDT
Lighter STRC
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
KuCoin STRCUSDTM