Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.010%
Price spread now: Binance against Polymarket Perps+0.106%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days−0.499%−$50 on $10k
+Price spread, last 2 days (all we have)−0.007%−$1 · spread now +0.106%, 7d avg +0.105%
=The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps STRC-USD | 98.868 | 0.0050 | pay 0.0006% / 1h | 0m 22s | $70K | $182K | 10x |
| Short | Binance STRCUSDT | 98.973 | 0 | get 0.0000% / 8h | 0m 22s | $6.0M | $3.4M | 25x |
Polymarket Perps STRC-USD
Binance STRCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.106% → +0.105%
- $0.12
- Slippage, 4 orders
- −$12.45
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.83
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 11 min ago; Binance: live order book, 8 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, 11 min ago | 2.68 bp | 6.7 bp −$7 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.50 bp | 8.5 bp −$9 | 34.5 bp −$345 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STRC | 0.0000% | 1h | 98.961 | +0.094% | $840K | $167K | 10x | as long as short |
| Aster STRCUSDT | 0.0000% | 8h | 98.810 | −0.059% | $445K | $166K | 20x | as long as short |
| Binance STRCUSDTshort | 0.0000% | 8h | 98.973 | +0.106% | $6.0M | $3.4M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.910 | +0.042% | $741K | $82K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.960 | +0.093% | $974K | $80K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.870 | +0.002% | $4.4M | $81K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.962 | +0.095% | $1.5M | $259K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.970 | +0.103% | $70K | $109K | 10x | as long as short |
| QFEX STRC-USD | +0.0014% | 1h | 98.970 | +0.103% | $1.3M | $1.9M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.083% | $3K | $34K | 12x | as long as short |
Lighter STRC
Aster STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
QFEX STRC-USD
Injective STRC/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:STRC | +0.0050% | 1h | 98.938 | +0.071% | $10.7M | $2.1M | 10x | as long as short |
| Polymarket Perps STRC-USDlong | +0.0050% | 1h | 98.868 | long leg | $70K | $182K | 10x | |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.820 | −0.049% | $304K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.743 | −0.126% | $52K | $357K | 10x | as long as short |
tradeXYZ xyz:STRC
KuCoin STRCUSDTM
HTX STRC-USDT