Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.041%
Price spread now: HTX against OKX−0.071%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.327%+$33 on $10k
Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.071%, 7d avg −0.098%
Together, before fees+0.320%+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.027% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX STRC-USDT-SWAP98.9100get 0.0000% / 8h5h 53m$742K$72K25x
ShortHTX STRC-USDT98.8400.0100get 0.0100% / 8h5h 53m$52K$357K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$21
Price spread: −0.071% → −0.098%
$2.69
Slippage, 4 orders
−$88.24
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$86.54
Costs to cover
1.102%
Break-even
35.8 days
Slippage from OKX: live order book, 8 min ago; HTX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 8 min ago1.01 bp15.1 bp −$15111.0 bp −$1,110doesn't fitdoesn't fit
Sell HTX live order book, 10 min ago8.20 bp15.7 bp −$1684.0 bp −$840doesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STRCUSDT−0.0019%8h98.860−0.051%$445K$161K20xas long as short
Lighter STRC0.0000%1h99.006+0.097%$840K$160K10xas long as short
Binance STRCUSDT0.0000%8h99.059+0.151%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAPlong0.0000%8h98.910long leg$742K$72K25x
Gate STRC_USDT0.0000%8h99.030+0.121%$975K$77K20xas long as short
Bitget STRCUSDT0.0000%8h98.900−0.010%$4.4M$75K20xas long as short
Variational Omni STRC0.0000%8h99.049+0.140%$1.5M$264Kas long as short
GRVT STRC_USDT_Perp0.0000%8h99.018+0.109%$71K$104K10xas long as short
QFEX STRC-USD+0.0003%1h99.030+0.121%$1.3M$1.8M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.040%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.913+0.003%$10.7M$2.1M10xas long as short
Polymarket Perps STRC-USD+0.0050%1h98.928+0.018%$70K$159K10xas long as short
KuCoin STRCUSDTM+0.0060%8h98.880−0.030%$314K$1.0M20xas long as short
HTX STRC-USDTshort+0.0100%8h98.840−0.071%$52K$357K10x