Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: HTX against KuCoin−0.100%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$630as in the Funding arb table

Net, price: spread back to 7d avg − costs−$657as in the Price arb table

costs, in and out, $10k−$6516.515% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.213%+$21 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.100%, 7d avg −0.046%

Together, before fees+0.236%+$24 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: HTX is 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin STRCUSDTM	98.900	0.0100	pay 0.0100% / 8h	1h 38m	$316K	$1.0M	20x
Short	HTX STRC-USDT	98.801	0.0100	get 0.0100% / 8h	1h 38m	$52K	$360K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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 KuCoinbpFee HTXbpOrdersPrice spread, now −0.100%Rate

Funding earned: $0
Price spread: −0.100% → −0.046%: −$5.42
Slippage, 4 orders: −$627.48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$656.9
Costs to cover: 6.515%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; HTX: live order book, 4 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, 6 min ago	1.52 bp	333.0 bp −$333	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	8.20 bp	15.7 bp −$16	52.1 bp −$521	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	−0.0465%	8h	98.880	−0.020%	$446K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.974	+0.075%	$896K	$197K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.015	+0.116%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.880	−0.020%	$741K	$76K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.960	+0.061%	$974K	$75K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.880	−0.020%	$4.4M	$81K	20x	as long as short
Variational Omni STRC	0.0000%	8h	99.018	+0.119%	$1.5M	$256K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.007	+0.108%	$70K	$94K	10x	as long as short
QFEX STRC-USD	+0.0025%	1h	98.980	+0.081%	$1.4M	$1.1M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.051%	$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	98.941	+0.041%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.914	+0.014%	$70K	$162K	10x	as long as short
KuCoin STRCUSDTMlong	+0.0100%	8h	98.900	long leg	$316K	$1.0M	20x
HTX STRC-USDTshort	+0.0100%	8h	98.801	−0.100%	$52K	$360K	10x