Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against HTX+0.079%46s7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1141.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.314%−$31 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.079%, 7d avg +0.131%
Together, before fees−0.222%−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.053% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.131%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX STRC-USDT98.8120.0100pay 0.0100% / 8h4h 03m$52K$359K10x
ShortBitget STRCUSDT98.8900get 0.0000% / 8h4h 03m$4.4M$72K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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

Funding earned
−$21
Price spread: +0.079% → +0.131%
−$5.25
Slippage, 4 orders
−$89.78
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$140.03
Costs to cover
1.138%
Break-even
never at this rate
Slippage from HTX: live order book, 54 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 54 min ago8.65 bp58.0 bp −$5893.3 bp −$933doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.55 bp22.4 bp −$2265.9 bp −$659doesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STRCUSDT−0.0403%8h98.860+0.048%$445K$161K20xas long as short
Lighter STRC0.0000%1h98.979+0.169%$839K$156K10xas long as short
Binance STRCUSDT0.0000%8h99.030+0.221%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.920+0.109%$743K$72K25xas long as short
Gate STRC_USDT0.0000%8h98.990+0.180%$975K$77K20xas long as short
Bitget STRCUSDTshort0.0000%8h98.890+0.079%$4.4M$72K20x
Variational Omni STRC0.0000%8h99.018+0.208%$1.5M$261Kas long as short
GRVT STRC_USDT_Perp0.0000%8h99.003+0.193%$70K$99K10xas long as short
QFEX STRC-USD+0.0003%1h99.010+0.200%$1.4M$1.5M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.140%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.945+0.135%$10.6M$2.2M10xas long as short
Polymarket Perps STRC-USD+0.0050%1h98.911+0.100%$70K$159K10xas long as short
KuCoin STRCUSDTM+0.0091%8h98.920+0.109%$316K$1.1M20xas long as short
HTX STRC-USDTlong+0.0100%8h98.812long leg$52K$359K10x