Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.3% APRnext payment +$2.50 per $10,000 · paid last 24h +0.043%
Price spread now: KuCoin against Aster+0.031%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5415.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.031%, 7d avg −0.064%
Together, before fees−0.069%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.095% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STRCUSDT98.860−0.0204get 0.0204% / 8h5h 02m$445K$161K20x
ShortKuCoin STRCUSDTM98.8900.0046get 0.0046% / 8h5h 02m$317K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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

Funding earned
$52.42
Price spread: +0.031% → −0.064%
$9.48
Slippage, 4 orders
−$521.08
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$479.18
Costs to cover
5.411%
Break-even
71.0 days
Slippage from Aster: live order book, 60 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 60 min ago0.51 bp8.0 bp −$815.8 bp −$158doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.52 bp207.5 bp −$207doesn't fitdoesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster STRCUSDTlong−0.0204%8h98.860long leg$445K$161K20x
Lighter STRC0.0000%1h98.991+0.133%$840K$160K10xas long as short
Binance STRCUSDT0.0000%8h99.011+0.152%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.890+0.031%$742K$73K25xas long as short
Gate STRC_USDT0.0000%8h98.990+0.132%$974K$77K20xas long as short
Bitget STRCUSDT0.0000%8h98.890+0.031%$4.4M$72K20xas long as short
Variational Omni STRC0.0000%8h98.996+0.137%$1.5M$264Kas long as short
GRVT STRC_USDT_Perp0.0000%8h98.961+0.103%$70K$100K10xas long as short
QFEX STRC-USD+0.0003%1h98.980+0.122%$1.3M$1.7M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.091%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin STRCUSDTMshort+0.0046%8h98.890+0.031%$317K$1.0M20x
tradeXYZ xyz:STRC+0.0050%1h98.909+0.050%$10.7M$2.1M10xas long as short
Polymarket Perps STRC-USD+0.0050%1h98.896+0.037%$70K$159K10xas long as short
HTX STRC-USDT+0.0100%8h98.780−0.081%$52K$357K10xas long as short