Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Binance−0.034%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$461as in the Funding arb table
Net, price: spread back to 7d avg − costs−$457as in the Price arb table
costs, in and out, $10k−$4674.666% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now −0.034%, 7d avg −0.128%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.094% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STRCUSDT | 98.884 | 0 | get 0.0000% / 8h | 4h 06m | $6.0M | $3.2M | 25x |
| Short | KuCoin STRCUSDTM | 98.850 | 0.0100 | get 0.0100% / 8h | 4h 06m | $315K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.034% → −0.128%
- $9.35
- Slippage, 4 orders
- −$444.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$436.29
- Costs to cover
- 4.666%
- Break-even
- 152.4 days
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 1 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 Binance live order book, 10 min ago | 0.51 bp | 10.2 bp −$10 | 35.4 bp −$354 | 106.9 bp −$10.7K | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 5.06 bp | 230.2 bp −$230 | doesn't fit | 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:STRC | −0.0308% | 1h | 98.815 | −0.070% | $10.5M | $2.4M | 10x | as long as short |
| Aster STRCUSDT | −0.0251% | 8h | 98.810 | −0.075% | $446K | $38K | 20x | as long as short |
| Lighter STRC | −0.0224% | 1h | 98.656 | −0.230% | $869K | $162K | 10x | as long as short |
| QFEX STRC-USD | −0.0005% | 1h | 98.840 | −0.044% | $1.4M | $800K | 10x | as long as short |
| Binance STRCUSDTlong | 0.0000% | 8h | 98.884 | long leg | $6.0M | $3.2M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.700 | −0.186% | $739K | $118K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.860 | −0.024% | $971K | $57K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.780 | −0.105% | $4.4M | $66K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.848 | −0.036% | $1.4M | $230K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.850 | −0.034% | $70K | $98K | 10x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.067% | $3K | $34K | 12x | as long as short |
| Polymarket Perps STRC-USD | +0.0048% | 1h | 98.780 | −0.105% | $73K | $65K | 10x | as long as short |
| KuCoin STRCUSDTMshort | +0.0100% | 8h | 98.850 | −0.034% | $315K | $1.0M | 20x | |
| HTX STRC-USDT | +0.0100% | 8h | 98.730 | −0.155% | $52K | $364K | 10x | as long as short |
Binance STRCUSDT
KuCoin STRCUSDTM
tradeXYZ xyz:STRC
Aster STRCUSDT
Lighter STRC
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
Polymarket Perps STRC-USD
HTX STRC-USDT