Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.062%

Price spread now: Binance against tradeXYZ+0.056%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on tradeXYZ Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 2 days (all we have)+0.069%+$7 · spread now +0.056%, 7d avg +0.127%

Together, before fees+0.087%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.072% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.127%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:STRC	98.865	0.0050	pay 0.0006% / 1h	45m 59s	$10.7M	$2.1M	10x
Short	Binance STRCUSDT	98.920	0	get 0.0000% / 8h	1h 45m	$6.0M	$3.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against tradeXYZ. 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 tradeXYZbpFee BinancebpOrdersPrice spread, now +0.056%Rate

Funding earned: −$10.5
Price spread: +0.056% → +0.127%: −$7.17
Slippage, 4 orders: −$15.34
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Binance: 5 bp × 2 orders: −$10
Net: −$61.01
Costs to cover: 0.433%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; Binance: live order book, 7 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 tradeXYZ live order book, 3 min ago	0.61 bp	10.2 bp −$10	14.1 bp −$141	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.50 bp	8.6 bp −$9	40.8 bp −$408	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	−0.0002%	8h	98.814	−0.051%	$445K	$165K	20x	as long as short
Lighter STRC	0.0000%	1h	98.892	+0.027%	$839K	$167K	10x	as long as short
Binance STRCUSDTshort	0.0000%	8h	98.920	+0.056%	$6.0M	$3.2M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.850	−0.015%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.920	+0.056%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.850	−0.015%	$4.4M	$79K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.937	+0.072%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.960	+0.096%	$70K	$112K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.086%	$3K	$34K	12x	as long as short
tradeXYZ xyz:STRClong	+0.0050%	1h	98.865	long leg	$10.7M	$2.1M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps STRC-USD	+0.0050%	1h	98.852	−0.013%	$70K	$182K	10x	as long as short
QFEX STRC-USD	+0.0059%	1h	98.920	+0.056%	$1.3M	$1.7M	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.830	−0.035%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.742	−0.124%	$51K	$356K	10x	as long as short