Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.011%

Price spread now: Gate against Polymarket Perps+0.091%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1091.089% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.091%, 7d avg +0.070%

Together, before fees+0.036%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.021% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.070%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps STRC-USD	98.910	0.0050	pay 0.0006% / 1h	50m 50s	$70K	$159K	10x
Short	Gate STRC_USDT	99.000	0	get 0.0000% / 8h	4h 50m	$975K	$76K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.091%Rate

Funding earned: −$10.5
Price spread: +0.091% → +0.070%: $2.12
Slippage, 4 orders: −$85.92
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.3
Costs to cover: 1.089%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 6 min ago; Gate: live order book, 6 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, 6 min ago	2.48 bp	7.0 bp −$7	7.8 bp −$78	10.1 bp −$1,005	doesn't fit
Sell Gate live order book, 6 min ago	5.05 bp	72.1 bp −$72	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	−0.0250%	8h	98.860	−0.051%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.990	+0.081%	$840K	$156K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.010	+0.101%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.870	−0.040%	$743K	$73K	25x	as long as short
Gate STRC_USDTshort	0.0000%	8h	99.000	+0.091%	$975K	$76K	20x
Bitget STRCUSDT	0.0000%	8h	98.900	−0.010%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.988	+0.079%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.011	+0.102%	$70K	$101K	10x	as long as short
QFEX STRC-USD	+0.0003%	1h	99.010	+0.101%	$1.3M	$1.7M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.040%	$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	98.908	−0.002%	$10.7M	$2.1M	10x	as long as short
KuCoin STRCUSDTM	+0.0050%	8h	98.890	−0.020%	$317K	$1.0M	20x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.910	long leg	$70K	$159K	10x
HTX STRC-USDT	+0.0100%	8h	98.748	−0.164%	$52K	$357K	10x	as long as short