Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0183%/8h= −20.0% APRpaid last 24h −0.009%

Price spread now: Aster against Polymarket Perps+0.007%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$590.590% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 3 days (all we have)+0.052%+$5 · spread now +0.007%, 7d avg +0.026%

Together, before fees+0.081%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps STRC-USD	98.842	0.0050	pay 0.0006% / 1h	35m 23s	$70K	$182K	10x
Short	Aster STRCUSDT	98.849	−0.0133	pay 0.0133% / 8h	2h 35m	$445K	$169K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$38.39
Price spread: +0.007% → +0.026%: −$1.97
Slippage, 4 orders: −$43.05
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$99.41
Costs to cover: 0.590%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 51 min ago; Aster: live order book, 52 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 Polymarket Perps live order book, 51 min ago	2.63 bp	7.1 bp −$7	7.6 bp −$76	doesn't fit	doesn't fit
Sell Aster live order book, 52 min ago	5.06 bp	32.2 bp −$32	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 STRCUSDTshort	−0.0133%	8h	98.849	+0.007%	$445K	$169K	20x
Lighter STRC	0.0000%	1h	98.948	+0.107%	$842K	$164K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.948	+0.107%	$6.0M	$3.2M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.820	−0.022%	$741K	$81K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.850	+0.008%	$973K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.860	+0.018%	$4.4M	$78K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.942	+0.101%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.922	+0.081%	$70K	$111K	10x	as long as short
QFEX STRC-USD	+0.0026%	1h	98.940	+0.099%	$1.3M	$1.6M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.109%	$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	98.891	+0.050%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.842	long leg	$70K	$182K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.890	+0.049%	$303K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.738	−0.105%	$52K	$355K	10x	as long as short