Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.040%
Price spread now: HTX against Polymarket Perps−0.093%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 3 days (all we have)−0.065%−$6 · spread now −0.093%, 7d avg −0.088%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps STRC-USD98.8010.0050pay 0.0006% / 1h13m 22s$70K$182K10x
ShortHTX STRC-USDT98.7090.0100get 0.0100% / 8h1h 13m$52K$358K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$10.5
Price spread: −0.093% → −0.088%
−$0.52
Slippage, 4 orders
−$65.98
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$75.99
Costs to cover
0.860%
Break-even
57.7 days
Slippage from Polymarket Perps: live order book, 3 min ago; HTX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 3 min ago2.28 bp7.2 bp −$78.2 bp −$829.9 bp −$993doesn't fit
Sell HTX live order book, 4 min ago10.49 bp16.7 bp −$1750.9 bp −$509doesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STRC0.0000%1h98.875+0.075%$839K$167K10xas long as short
Aster STRCUSDT0.0000%8h98.750−0.052%$445K$165K20xas long as short
Binance STRCUSDT0.0000%8h98.890+0.090%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.800−0.001%$741K$83K25xas long as short
Gate STRC_USDT0.0000%8h98.860+0.060%$973K$79K20xas long as short
Bitget STRCUSDT0.0000%8h98.800−0.001%$4.4M$79K20xas long as short
Variational Omni STRC0.0000%8h98.883+0.083%$1.4M$184Kas long as short
GRVT STRC_USDT_Perp0.0000%8h98.860+0.060%$70K$111K10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.151%$3K$34K12xas long as short
tradeXYZ xyz:STRC+0.0050%1h98.870+0.070%$10.7M$2.1M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps STRC-USDlong+0.0050%1h98.801long leg$70K$182K10x
QFEX STRC-USD+0.0059%1h98.870+0.070%$1.4M$1.8M10xas long as short
KuCoin STRCUSDTM+0.0100%8h98.680−0.122%$303K$1.0M20xas long as short
HTX STRC-USDTshort+0.0100%8h98.709−0.093%$52K$358K10x