Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0075%/8h= −8.3% APRpaid last 24h −0.074%

Price spread now: tradeXYZ against KuCoin+0.109%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$648as in the Funding arb table

Net, price: spread back to 7d avg − costs−$587as in the Price arb table

costs, in and out, $10k−$5945.944% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.533%−$53 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.109%, 7d avg +0.033%

Together, before fees−0.649%+ Points / potential airdroptradeXYZ: Active · farm board−$65 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.077% dearer against KuCoin than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of +0.033%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.533% in total) that is about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin STRCUSDTM	98.760	0.0100	pay 0.0100% / 8h	6h 56m	$306K	$1.0M	20x
Short	tradeXYZ xyz:STRC	98.868	0.0025	get 0.0003% / 1h	56m 39s	$10.7M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$15.85
Price spread: +0.109% → +0.033%: $7.66
Slippage, 4 orders: −$564.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$602.58
Costs to cover: 5.944%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; tradeXYZ: live order book, 2 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, 3 min ago	1.01 bp	323.2 bp −$323	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 2 min ago	1.06 bp	13.4 bp −$13	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
Lighter STRC	0.0000%	1h	98.933	+0.175%	$840K	$160K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.857	+0.098%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.945	+0.187%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.790	+0.030%	$741K	$75K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.920	+0.162%	$974K	$78K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.870	+0.111%	$4.4M	$79K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.938	+0.180%	$1.5M	$259K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.917	+0.159%	$70K	$106K	10x	as long as short
QFEX STRC-USD	+0.0009%	1h	98.930	+0.172%	$1.3M	$1.9M	10x	as long as short
tradeXYZ xyz:STRCshort	+0.0025%	1h	98.868	+0.109%	$10.7M	$2.1M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.192%	$3K	$34K	12x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.852	+0.093%	$70K	$171K	10x	as long as short
KuCoin STRCUSDTMlong	+0.0100%	8h	98.760	long leg	$306K	$1.0M	20x
HTX STRC-USDT	+0.0100%	8h	98.792	+0.032%	$52K	$357K	10x	as long as short