Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.021%

Price spread now: Injective against OKX+0.111%68s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.111% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRC-USDT-SWAP	98.840	0	get 0.0000% / 8h	2h 20m	$741K	$82K	25x
Short	Injective STRC/USDC PERP	98.950	0.0033	get 0.0004% / 1h	20m 17s	$3K	$34K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.111%Rate

Funding earned: $7
Price spread: +0.111% → 0.000%: $11.13
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $8.11
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 65 min ago; Injective: no order-book sample. Net counts fees only.

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, 65 min ago	0.51 bp	20.0 bp −$20	113.8 bp −$1,138	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0091%	8h	98.847	+0.007%	$445K	$169K	20x	as long as short
Lighter STRC	0.0000%	1h	98.946	+0.107%	$840K	$167K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.970	+0.132%	$6.0M	$3.2M	25x	as long as short
OKX STRC-USDT-SWAPlong	0.0000%	8h	98.840	long leg	$741K	$82K	25x
Gate STRC_USDT	0.0000%	8h	98.950	+0.111%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.910	+0.071%	$4.4M	$78K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.971	+0.132%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.949	+0.110%	$70K	$112K	10x	as long as short
QFEX STRC-USD	+0.0026%	1h	98.980	+0.142%	$1.3M	$1.7M	10x	as long as short
Injective STRC/USDC PERPshort	+0.0033%	1h	98.950	+0.111%	$3K	$34K	12x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:STRC	+0.0050%	1h	98.933	+0.094%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.866	+0.026%	$70K	$182K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.910	+0.071%	$303K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.721	−0.120%	$51K	$355K	10x	as long as short