Funding you earn now, next payment 11:00 UTC+0.0461%/8h= +50.5% APRnext payment +$0.58 per $10,000 · paid last 24h +0.029%
Price spread now: QFEX against tradeXYZ+0.128%49s7-day average +0.043% · 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—prices read too far apart to compare
costs, in and out, $10k−$430.426% of the position
Funding, last 4 days (all we have)+0.329%+$33 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.128%, 7d avg +0.043%
=Together, before fees+0.296%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and QFEX is 0.085% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.043%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:STRC | 98.784 | −0.0460 | get 0.0058% / 1h | 45m 49s | $10.5M | $2.4M | 10x |
| Short | QFEX STRC-USD | 98.910 | 0.0001 | get 0.0000% / 1h | 45m 49s | $1.3M | $865K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $96.85
- Price spread: +0.128% → +0.043%
- $8.46
- Slippage, 4 orders
- −$14.61
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $62.7
- Costs to cover
- 0.426%
- Break-even
- 2.5 days
Slippage from tradeXYZ: live order book, 6 min ago; QFEX: live order book, 4 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, 6 min ago | 2.23 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.52 bp | 9.5 bp −$10 | 13.8 bp −$138 | doesn't fit | doesn't fit |
STRC on 14 exchanges
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:STRClong | −0.0460% | 1h | 98.784 | long leg | $10.5M | $2.4M | 10x | |
| Aster STRCUSDT | −0.0384% | 8h | 98.895 | +0.112% | $446K | $67K | 20x | as long as short |
| Polymarket Perps STRC-USD | −0.0225% | 1h | 98.784 | 0.000% | $71K | $45K | 10x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.744 | −0.040% | $888K | $141K | 10x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 98.920 | +0.138% | $6.0M | $3.2M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.870 | +0.087% | $741K | $66K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.910 | +0.128% | $971K | $58K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.810 | +0.026% | $4.4M | $69K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.890 | +0.107% | $1.4M | $252K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.872 | +0.089% | $70K | $94K | 10x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX STRC-USDshort | +0.0001% | 1h | 98.910 | +0.128% | $1.3M | $865K | 10x | |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.168% | $3K | $34K | 12x | as long as short |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.780 | −0.004% | $315K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.779 | −0.005% | $52K | $363K | 10x | as long as short |
tradeXYZ xyz:STRC
Aster STRCUSDT
Polymarket Perps STRC-USD
Lighter STRC
Binance STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
KuCoin STRCUSDTM
HTX STRC-USDT