STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Polymarket Perps against QFEX−0.088%7-day average −0.015% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on QFEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.007%−$1 on $10k

Price spread, last 3 days (all we have)+0.041%+$4 · spread now −0.088%, 7d avg −0.015%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.073% cheaper against QFEX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.015%). If the spread goes back, that is −$7 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX STRC-USD	98.930	0.0033	pay 0.0004% / 1h	7m 50s	$1.3M	$1.9M	10x
Short	Polymarket Perps STRC-USD	98.843	0.0050	get 0.0006% / 1h	7m 50s	$70K	$171K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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 QFEXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.088%Rate

Funding earned: $3.58
Price spread: −0.088% → −0.015%: −$7.31
Slippage, 4 orders: −$13.01
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$34.74
Costs to cover: 0.310%
Break-even: 75.0 days

Slippage from QFEX: live order book, 4 min ago; Polymarket Perps: live order book, 64 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 QFEX live order book, 4 min ago	2.02 bp	9.0 bp −$9	13.1 bp −$131	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 64 min ago	2.68 bp	7.3 bp −$7	8.1 bp −$81	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
tradeXYZ xyz:STRC	−0.0017%	1h	98.860	−0.071%	$10.7M	$2.1M	10x	as long as short
Lighter STRC	0.0000%	1h	98.941	+0.011%	$840K	$160K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.855	−0.076%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.940	+0.010%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.860	−0.071%	$741K	$76K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.910	−0.020%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.870	−0.061%	$4.4M	$79K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.919	−0.011%	$1.5M	$259K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.905	−0.026%	$70K	$105K	10x	as long as short
QFEX STRC-USDlong	+0.0033%	1h	98.930	long leg	$1.3M	$1.9M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.020%	$3K	$34K	12x	as long as short
Polymarket Perps STRC-USDshort	+0.0050%	1h	98.843	−0.088%	$70K	$171K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.750	−0.182%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.717	−0.215%	$52K	$357K	10x	as long as short