Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.010%

Price spread now: GRVT against Polymarket Perps+0.075%63s7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.474% of the position

Long on Polymarket Perps Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.075%, 7d avg +0.076%

Together, before fees−0.075%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 63 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	Polymarket Perps STRC-USD	98.878	0.0050	pay 0.0006% / 1h	50m 28s	$70K	$182K	10x
Short	GRVT STRC_USDT_Perp	98.952	0	get 0.0000% / 8h	50m 28s	$70K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$10.5
Price spread: +0.075% → +0.076%: −$0.13
Slippage, 4 orders: −$30.39
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$58.02
Costs to cover: 0.474%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 26 min ago; GRVT: live order book, 26 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, 26 min ago	2.28 bp	7.2 bp −$7	8.2 bp −$82	9.9 bp −$993	doesn't fit
Sell GRVT live order book, 26 min ago	2.53 bp	18.6 bp −$19	48.3 bp −$483	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	98.938	+0.061%	$840K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.788	−0.091%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.978	+0.101%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.910	+0.032%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.890	+0.012%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.840	−0.038%	$4.4M	$82K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.962	+0.085%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perpshort	0.0000%	8h	98.952	+0.075%	$70K	$110K	10x
QFEX STRC-USD	+0.0014%	1h	98.970	+0.093%	$1.4M	$1.8M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.073%	$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	98.929	+0.052%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.878	long leg	$70K	$182K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.810	−0.069%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.735	−0.145%	$52K	$357K	10x	as long as short