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

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance STRCUSDT98.8840get 0.0000% / 8h4h 06m$6.0M$3.2M25x
ShortKuCoin STRCUSDTM98.8500.0100get 0.0100% / 8h4h 06m$315K$1.0M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago0.51 bp10.2 bp −$1035.4 bp −$354106.9 bp −$10.7Kdoesn't fit
Sell KuCoin live order book, 1 min ago5.06 bp230.2 bp −$230doesn't fitdoesn't fitdoesn't fit

STRC on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC−0.0308%1h98.815−0.070%$10.5M$2.4M10xas long as short
Aster STRCUSDT−0.0251%8h98.810−0.075%$446K$38K20xas long as short
Lighter STRC−0.0224%1h98.656−0.230%$869K$162K10xas long as short
QFEX STRC-USD−0.0005%1h98.840−0.044%$1.4M$800K10xas long as short
Binance STRCUSDTlong0.0000%8h98.884long leg$6.0M$3.2M25x
OKX STRC-USDT-SWAP0.0000%8h98.700−0.186%$739K$118K25xas long as short
Gate STRC_USDT0.0000%8h98.860−0.024%$971K$57K20xas long as short
Bitget STRCUSDT0.0000%8h98.780−0.105%$4.4M$66K20xas long as short
Variational Omni STRC0.0000%8h98.848−0.036%$1.4M$230Kas long as short
GRVT STRC_USDT_Perp0.0000%8h98.850−0.034%$70K$98K10xas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective STRC/USDC PERP+0.0033%1h98.950+0.067%$3K$34K12xas long as short
Polymarket Perps STRC-USD+0.0048%1h98.780−0.105%$73K$65K10xas long as short
KuCoin STRCUSDTMshort+0.0100%8h98.850−0.034%$315K$1.0M20x
HTX STRC-USDT+0.0100%8h98.730−0.155%$52K$364K10xas long as short