STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h −0.042%

Price spread now: tradeXYZ against QFEX−0.075%7-day average −0.046% · 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−$43as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.331%−$33 on $10k

Price spread, last 7 days−0.063%−$6 · spread now −0.075%, 7d avg −0.046%

Together, before fees−0.393%+ Points / potential airdroptradeXYZ: Active · farm board−$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.029% cheaper against QFEX than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.046%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.331%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX STRC-USD	98.980	0.0009	pay 0.0001% / 1h	39m 15s	$1.3M	$1.8M	10x
Short	tradeXYZ xyz:STRC	98.906	0.0050	get 0.0006% / 1h	39m 15s	$10.7M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.075%Rate

Funding earned: $8.6
Price spread: −0.075% → −0.046%: −$2.92
Slippage, 4 orders: −$12.2
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$34.52
Costs to cover: 0.402%
Break-even: 35.1 days

Slippage from QFEX: live order book, 3 min ago; tradeXYZ: live order book, 9 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, 3 min ago	1.51 bp	7.5 bp −$8	12.7 bp −$127	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	1.06 bp	13.1 bp −$13	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
Lighter STRC	0.0000%	1h	98.965	−0.015%	$840K	$160K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.878	−0.103%	$445K	$161K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.993	+0.013%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.850	−0.131%	$741K	$75K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.970	−0.010%	$974K	$78K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.900	−0.081%	$4.4M	$78K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.980	0.000%	$1.5M	$261K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.971	−0.010%	$70K	$105K	10x	as long as short
QFEX STRC-USDlong	+0.0009%	1h	98.980	long leg	$1.3M	$1.8M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	−0.030%	$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:STRCshort	+0.0050%	1h	98.906	−0.075%	$10.7M	$2.1M	10x
Polymarket Perps STRC-USD	+0.0050%	1h	98.877	−0.104%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0071%	8h	98.850	−0.131%	$311K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.632	−0.352%	$52K	$356K	10x	as long as short