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+0.0491%/8h= +53.8% APRnext payment +$4.91 per $10,000 · paid last 24h +0.056%
Price spread now: OKX against Aster+0.057%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$850.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.057%, 7d avg −0.009%
Together, before fees−0.135%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and OKX is 0.065% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.009%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.91 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 STRCUSDT98.844−0.0491get 0.0491% / 8h7h 42m$446K$67K20x
ShortOKX STRC-USDT-SWAP98.9000get 0.0000% / 8h7h 42m$742K$74K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$103.18
Price spread: +0.057% → −0.009%
$6.51
Slippage, 4 orders
−$67.45
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$24.25
Costs to cover
0.854%
Break-even
5.4 days
Slippage from Aster: live order book, 55 min ago; OKX: live order book, 54 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, 55 min ago3.54 bp9.8 bp −$1016.9 bp −$169doesn't fitdoesn't fit
Sell OKX live order book, 54 min ago1.01 bp25.4 bp −$25doesn'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−0.0491%8h98.844long leg$446K$67K20x
tradeXYZ xyz:STRC−0.0184%1h98.897+0.054%$10.6M$2.2M10xas long as short
Lighter STRC−0.0184%1h98.754−0.091%$889K$208K10xas long as short
Binance STRCUSDT0.0000%8h98.994+0.152%$6.1M$3.3M25xas long as short
OKX STRC-USDT-SWAPshort0.0000%8h98.900+0.057%$742K$74K25x
Gate STRC_USDT0.0000%8h98.970+0.127%$972K$75K20xas long as short
Bitget STRCUSDT0.0000%8h98.940+0.097%$4.4M$77K20xas long as short
Variational Omni STRC0.0000%8h98.979+0.136%$1.5M$254Kas long as short
GRVT STRC_USDT_Perp0.0000%8h98.961+0.118%$70K$93K10xas long as short
QFEX STRC-USD+0.0006%1h98.960+0.117%$1.4M$949K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective STRC/USDC PERP+0.0033%1h98.950+0.107%$3K$34K12xas long as short
Polymarket Perps STRC-USD+0.0050%1h98.935+0.092%$70K$119K10xas long as short
KuCoin STRCUSDTM+0.0100%8h99.010+0.168%$317K$1.0M20xas long as short
HTX STRC-USDT+0.0100%8h98.846+0.002%$52K$362K10xas long as short