Funding arb · Price arb / RWA

STRC

RWAAll STRC markets →

LONGLighter▾tradeXYZ −0.0862%Lighter −0.0760%Injective −0.0440%Avantis −0.0282%Polymarket Perps −0.0065%BingX −0.0050%Aster 0.0000%Binance 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%HTX +0.0100%

⇄⇅

SHORTMEXC▾HTX +0.0100%Aster 0.0000%Binance 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%BingX −0.0050%Polymarket Perps −0.0065%Avantis +0.0282%Injective −0.0440%tradeXYZ −0.0862%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterSTRC	98.862	−0.0760	get 0.0095% / 1h	50m 03s	$828K	$2.7M	10x	Long Lighter7d free
SHORT	MEXCSTRCSTOCK_USDT	99.140	0	0.0000% / 8h	5h 50m	$1.8M	$108K	20x	Short MEXC

Price gap+0.281%

Funding gap+0.0760% /8h

Both sides work: funding pays +$23 a day on $10k, and the gap is 0.103% above its 7d average: +$10 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.102% in total, about +0.0048%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.281%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

LighterMEXC

STRC on 17 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

• ✓
  OK: Fits both order books5.3 / 5.4 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$1,000 + $500

  Lighter 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long Lighter · 1h+$22.80

  Short MEXC · 8h$0.00

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$22.80Long Lighter: 24 payments, +$22.80; short MEXC: 3 payments, $0.00.
• ✓
  OK: Entry gap works for you+0.281% vs +0.178%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$828K vs $1.8M OI

  Lighter sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legLighter Season 3

  Volume here counts toward the points program.
• !
  Watch: KYCLighter No · MEXC Yes

  KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0048%/8h × 21 periods+$10.18

Price spread+0.281% → +0.178% (7d avg)+$10.31

Slippage, 4 orderslive order books−$19.43

Fee Lighter bp × 2 orders$0.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$2.94

Costs to cover0.234%Break-even9.0 days

Slippage: Lighter: live order book, 1 min ago; MEXC: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGLighter0.965.3 bp−$510.2 bp−$102doesn’t fitdoesn’t fit

SELL · SHORTMEXC0.505.4 bp−$516.8 bp−$168196.1 bp−$19.6Kdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

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STRC news

posts that mention STRC, from every exchangeSearch all news →

10-18 05:09	BingX	Token	$BTC rebounds, and $MSTR follows with a 5.62% jump 📈 A fresh Bitcoin purchase and $192M STRC buyback keep Strategy in focus What's driving the momentum? Read more👇 @BingXOfficial on X ↗
10-02 12:00	KuCoin	Other	Bitcoin's next big market may not be owning BTC at all—it may be financing the companies that hold it. "Digital credit" barely existed two years ago; it's now an estimated $16 billion market. Strategy's STRC pays a 12% annualized dividend twice a month, but it isn't backed by Strategy's Bitcoin—and June exposed the risk, when the share fell nearly 29% below its $100 stated value and Strategy sold BTC to cover dividends. Could this $16B market really rival Bitcoin's $1.5T cap? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗
09-18 17:43	Avantis	Other	Advanced tech. $NOW — Agentic AI is the growth engine, or the thing that eats the seat model and the gross margin with it? $RKLB — Neutron flies and re-rates the whole company, or a space-systems manufacturer priced on a rocket that keeps slipping? $STRC — a yield instrument that already broke par once, or credit the ATM engine can still refinance? @verantaxyz on X ↗