Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.036%
Price spread now: OKX against KuCoin+0.010%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4934.929% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.010%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STRCUSDTM | 98.840 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $304K | $1.0M | 20x |
| Short | OKX STRC-USDT-SWAP | 98.850 | 0 | get 0.0000% / 8h | 1h 49m | $741K | $83K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.010% → +0.052%
- −$4.23
- Slippage, 4 orders
- −$470.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$518.17
- Costs to cover
- 4.929%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, just now; OKX: live order book, 32 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, just now | 0.51 bp | 222.7 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 32 min ago | 1.01 bp | 26.0 bp −$26 | doesn't fit | 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 | −0.0011% | 8h | 98.810 | −0.031% | $445K | $165K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.931 | +0.092% | $840K | $167K | 10x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 98.939 | +0.101% | $6.0M | $3.2M | 25x | as long as short |
| OKX STRC-USDT-SWAPshort | 0.0000% | 8h | 98.850 | +0.010% | $741K | $83K | 25x | |
| Gate STRC_USDT | 0.0000% | 8h | 98.940 | +0.101% | $974K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.850 | +0.010% | $4.4M | $79K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.937 | +0.098% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.960 | +0.121% | $70K | $112K | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.111% | $3K | $34K | 12x | as long as short |
| tradeXYZ xyz:STRC | +0.0050% | 1h | 98.895 | +0.056% | $10.7M | $2.1M | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.863 | +0.023% | $70K | $182K | 10x | as long as short |
| QFEX STRC-USD | +0.0059% | 1h | 98.950 | +0.111% | $1.4M | $1.7M | 10x | as long as short |
| KuCoin STRCUSDTMlong | +0.0100% | 8h | 98.840 | long leg | $304K | $1.0M | 20x | |
| HTX STRC-USDT | +0.0100% | 8h | 98.790 | −0.051% | $52K | $356K | 10x | as long as short |
KuCoin STRCUSDTM
OKX STRC-USDT-SWAP
Aster STRCUSDT
Lighter STRC
Binance STRCUSDT
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
HTX STRC-USDT