Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%

Price spread now: Injective against Binance+0.007%67s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 67 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	Binance STRCUSDT	98.943	0	get 0.0000% / 8h	1h 48m	$6.0M	$3.2M	25x
Short	Injective STRC/USDC PERP	98.950	0.0033	get 0.0004% / 1h	48m 13s	$3K	$34K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Binance. 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 BinancebpFee InjectivebpOrdersPrice spread, now +0.007%Rate

Funding earned: $7
Price spread: +0.007% → 0.000%: $0.73
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$2.29
Costs to cover: 0.100%
Break-even: 9.3 days

Slippage unknown: Binance: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.

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 Binance live order book, 5 min ago	0.50 bp	11.9 bp −$12	40.2 bp −$402	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0008%	8h	98.803	−0.142%	$445K	$165K	20x	as long as short
Lighter STRC	0.0000%	1h	98.931	−0.012%	$840K	$167K	10x	as long as short
Binance STRCUSDTlong	0.0000%	8h	98.943	long leg	$6.0M	$3.2M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.850	−0.094%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.940	−0.003%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.850	−0.094%	$4.4M	$79K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.937	−0.006%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.960	+0.017%	$70K	$112K	10x	as long as short
Injective STRC/USDC PERPshort	+0.0033%	1h	98.950	+0.007%	$3K	$34K	12x
tradeXYZ xyz:STRC	+0.0050%	1h	98.897	−0.046%	$10.7M	$2.1M	10x	as long as short

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	−0.092%	$70K	$182K	10x	as long as short
QFEX STRC-USD	+0.0059%	1h	98.900	−0.043%	$1.3M	$1.7M	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.840	−0.104%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.770	−0.175%	$52K	$356K	10x	as long as short