Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.036%

Price spread now: KuCoin against Polymarket Perps+0.009%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$535as in the Funding arb table

Net, price: spread back to 7d avg − costs−$532as in the Price arb table

costs, in and out, $10k−$5385.377% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.009%, 7d avg −0.045%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps STRC-USD	98.891	0.0050	pay 0.0006% / 1h	19m 22s	$70K	$159K	10x
Short	KuCoin STRCUSDTM	98.900	0.0067	get 0.0067% / 8h	4h 19m	$317K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.009%Rate

Funding earned: $3.57
Price spread: +0.009% → −0.045%: $5.41
Slippage, 4 orders: −$517.72
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$528.73
Costs to cover: 5.377%
Break-even: 1043.7 days

Slippage from Polymarket Perps: live order book, 37 min ago; KuCoin: live order book, 5 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, 37 min ago	2.48 bp	7.0 bp −$7	7.8 bp −$78	10.1 bp −$1,005	doesn't fit
Sell KuCoin live order book, 5 min ago	1.01 bp	287.2 bp −$287	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	−0.0355%	8h	98.860	−0.032%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.980	+0.090%	$840K	$156K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.010	+0.120%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.930	+0.039%	$743K	$72K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	99.000	+0.110%	$975K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.870	−0.021%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.987	+0.097%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.002	+0.112%	$70K	$100K	10x	as long as short
QFEX STRC-USD	+0.0003%	1h	98.990	+0.100%	$1.4M	$1.6M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.060%	$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	98.915	+0.024%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.891	long leg	$70K	$159K	10x
KuCoin STRCUSDTMshort	+0.0067%	8h	98.900	+0.009%	$317K	$1.0M	20x
HTX STRC-USDT	+0.0100%	8h	98.771	−0.121%	$52K	$359K	10x	as long as short