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 +0.011%

Price spread now: Gate against OKX+0.081%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1201.196% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.081%, 7d avg +0.060%

Together, before fees+0.087%+$9 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: Gate is 0.021% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRC-USDT-SWAP	98.880	0	get 0.0000% / 8h	41m 08s	$741K	$74K	25x
Short	Gate STRC_USDT	98.960	0	get 0.0000% / 8h	41m 08s	$974K	$75K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.060%: $2.06
Slippage, 4 orders: −$94.63
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.57
Costs to cover: 1.196%
Break-even: never at this rate

Slippage from OKX: live order book, 60 min ago; Gate: live order book, 61 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 OKX live order book, 60 min ago	1.52 bp	15.2 bp −$15	109.4 bp −$1,094	doesn't fit	doesn't fit
Sell Gate live order book, 61 min ago	6.57 bp	68.1 bp −$68	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	−0.0471%	8h	98.880	0.000%	$446K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.808	−0.073%	$890K	$208K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.003	+0.125%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAPlong	0.0000%	8h	98.880	long leg	$741K	$74K	25x
Gate STRC_USDTshort	0.0000%	8h	98.960	+0.081%	$974K	$75K	20x
Bitget STRCUSDT	0.0000%	8h	98.870	−0.010%	$4.4M	$79K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.976	+0.097%	$1.5M	$254K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.954	+0.075%	$70K	$96K	10x	as long as short
QFEX STRC-USD	+0.0025%	1h	98.980	+0.101%	$1.4M	$987K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.071%	$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	98.924	+0.044%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.894	+0.014%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	99.020	+0.142%	$317K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.868	−0.012%	$52K	$361K	10x	as long as short