STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.008%

Price spread now: Lighter against Polymarket Perps+0.090%7-day average +0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$220.225% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.090%, 7d avg +0.096%

Together, before fees+0.019%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.096%, 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	98.903	0.0050	pay 0.0006% / 1h	32m 04s	$70K	$159K	10x
Short	Lighter STRC	98.992	0	get 0.0000% / 1h	32m 04s	$840K	$160K	10x

Funding history

latest

Range statsloading…

Lighter against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee LighterbpOrdersPrice spread, now +0.090%Rate

Slippage from Polymarket Perps: live order book, 30 min ago; Lighter: live order book, 28 min ago.

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, 30 min ago	2.93 bp	7.2 bp −$7	7.4 bp −$74	9.7 bp −$972	doesn't fit
Sell Lighter live order book, 28 min ago	2.58 bp	4.9 bp −$5	10.5 bp −$105	doesn't fit	doesn't fit

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	−0.0092%	8h	98.860	−0.044%	$445K	$161K	20x	as long as short
Lighter STRCshort	0.0000%	1h	98.992	+0.090%	$840K	$160K	10x
Binance STRCUSDT	0.0000%	8h	99.016	+0.115%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.890	−0.013%	$742K	$73K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	99.000	+0.098%	$975K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.890	−0.013%	$4.4M	$75K	20x	as long as short
Variational Omni STRC	0.0000%	8h	99.006	+0.104%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.989	+0.087%	$70K	$103K	10x	as long as short
QFEX STRC-USD	+0.0003%	1h	99.000	+0.098%	$1.3M	$1.8M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.048%	$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
KuCoin STRCUSDTM	+0.0045%	8h	98.880	−0.023%	$317K	$1.0M	20x	as long as short
tradeXYZ xyz:STRC	+0.0050%	1h	98.907	+0.004%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.903	long leg	$70K	$159K	10x
HTX STRC-USDT	+0.0100%	8h	98.753	−0.152%	$52K	$357K	10x	as long as short