Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: Binance against KuCoin+0.121%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$511as in the Price arb table
costs, in and out, $10k−$5135.132% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 2 days (all we have)−0.017%−$2 · spread now +0.121%, 7d avg +0.102%
=The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STRCUSDTM | 98.850 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $305K | $1.0M | 20x |
| Short | Binance STRCUSDT | 98.970 | 0 | get 0.0000% / 8h | 7h 35m | $6.0M | $3.4M | 25x |
KuCoin STRCUSDTM
Binance STRCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.121% → +0.102%
- $1.95
- Slippage, 4 orders
- −$491.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$532.28
- Costs to cover
- 5.132%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; Binance: live order book, 3 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 KuCoin live order book, 9 min ago | 1.01 bp | 291.4 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.50 bp | 10.5 bp −$11 | 33.1 bp −$331 | 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 | 0.0000% | 8h | 98.842 | −0.008% | $445K | $166K | 20x | as long as short |
| Binance STRCUSDTshort | 0.0000% | 8h | 98.970 | +0.121% | $6.0M | $3.4M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.910 | +0.061% | $741K | $76K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.950 | +0.101% | $974K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.860 | +0.010% | $4.4M | $80K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 99.000 | +0.151% | $1.5M | $259K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 99.010 | +0.162% | $70K | $107K | 10x | as long as short |
| Lighter STRC | +0.0008% | 1h | 98.960 | +0.111% | $840K | $160K | 10x | as long as short |
| QFEX STRC-USD | +0.0033% | 1h | 98.960 | +0.111% | $1.3M | $1.8M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.101% | $3K | $34K | 12x | as long as short |
Aster STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Lighter STRC
QFEX STRC-USD
Injective STRC/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:STRC | +0.0050% | 1h | 98.878 | +0.028% | $10.7M | $2.1M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.880 | +0.030% | $70K | $171K | 10x | as long as short |
| KuCoin STRCUSDTMlong | +0.0100% | 8h | 98.850 | long leg | $305K | $1.0M | 20x | |
| HTX STRC-USDT | +0.0100% | 8h | 98.786 | −0.065% | $52K | $358K | 10x | as long as short |
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
HTX STRC-USDT