STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h +0.003%

Price spread now: QFEX against Polymarket Perps+0.100%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$320.316% of the position

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.100%, 7d avg +0.017%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.083% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.017%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps STRC-USD	98.901	0.0050	pay 0.0006% / 1h	31m 19s	$70K	$159K	10x
Short	QFEX STRC-USD	99.000	0.0003	get 0.0000% / 1h	31m 19s	$1.3M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$9.84
Price spread: +0.100% → +0.017%: $8.33
Slippage, 4 orders: −$13.6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$33.12
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 30 min ago; QFEX: 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, 30 min ago	2.93 bp	7.2 bp −$7	7.4 bp −$74	9.7 bp −$972	doesn't fit
Sell QFEX live order book, 6 min ago	2.53 bp	8.5 bp −$9	14.3 bp −$143	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	−0.0097%	8h	98.860	−0.042%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.992	+0.092%	$840K	$160K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.012	+0.113%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.890	−0.011%	$742K	$73K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	99.000	+0.100%	$975K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.890	−0.011%	$4.4M	$75K	20x	as long as short
Variational Omni STRC	0.0000%	8h	99.006	+0.106%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.030	+0.130%	$71K	$103K	10x	as long as short
QFEX STRC-USDshort	+0.0003%	1h	99.000	+0.100%	$1.3M	$1.8M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.050%	$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	+0.0044%	8h	98.890	−0.011%	$317K	$1.0M	20x	as long as short
tradeXYZ xyz:STRC	+0.0050%	1h	98.905	+0.004%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USDlong	+0.0050%	1h	98.901	long leg	$70K	$159K	10x
HTX STRC-USDT	+0.0100%	8h	98.753	−0.150%	$52K	$357K	10x	as long as short