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

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.009%
Price spread now: Polymarket Perps against Bitget+0.027%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$8 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.027%, 7d avg −0.042%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.069% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STRCUSDT98.8800get 0.0000% / 8h1h 50m$4.4M$81K20x
ShortPolymarket Perps STRC-USD98.9070.0050get 0.0006% / 1h50m 13s$70K$162K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. 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
$10.5
Price spread: +0.027% → −0.042%
$6.94
Slippage, 4 orders
−$72.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$75.21
Costs to cover
0.926%
Break-even
57.1 days
Slippage from Bitget: live order book, 3 min ago; Polymarket Perps: live order book, 57 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 Bitget live order book, 3 min ago3.54 bp25.6 bp −$2641.8 bp −$418doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 57 min ago2.07 bp6.9 bp −$77.6 bp −$769.9 bp −$985doesn'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 STRCUSDT−0.0472%8h98.8800.000%$446K$67K20xas long as short
Lighter STRC0.0000%1h98.977+0.098%$896K$197K10xas long as short
Binance STRCUSDT0.0000%8h99.017+0.138%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.910+0.030%$741K$76K25xas long as short
Gate STRC_USDT0.0000%8h98.960+0.081%$974K$75K20xas long as short
Bitget STRCUSDTlong0.0000%8h98.880long leg$4.4M$81K20x
Variational Omni STRC0.0000%8h98.999+0.120%$1.5M$256Kas long as short
GRVT STRC_USDT_Perp0.0000%8h99.015+0.137%$70K$96K10xas long as short
QFEX STRC-USD+0.0025%1h98.970+0.091%$1.4M$1.1M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.071%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.939+0.060%$10.6M$2.2M10xas long as short
Polymarket Perps STRC-USDshort+0.0050%1h98.907+0.027%$70K$162K10x
KuCoin STRCUSDTM+0.0100%8h98.930+0.051%$317K$1.0M20xas long as short
HTX STRC-USDT+0.0100%8h98.818−0.063%$52K$360K10xas long as short