Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h +0.009%

Price spread now: QFEX against Aster+0.172%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$570.575% of the position

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.172%, 7d avg +0.025%

Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 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 QFEX is 0.147% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRCUSDT	98.760	0	get 0.0000% / 8h	1h 06m	$445K	$166K	20x
Short	QFEX STRC-USD	98.930	0.0059	get 0.0007% / 1h	6m 58s	$1.4M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee AsterbpFee QFEXbpOrdersPrice spread, now +0.172%Rate

Funding earned: $12.45
Price spread: +0.172% → +0.025%: $14.69
Slippage, 4 orders: −$39.47
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$30.33
Costs to cover: 0.575%
Break-even: 24.1 days

Slippage from Aster: live order book, 10 min ago; QFEX: live order book, 10 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 Aster live order book, 10 min ago	5.06 bp	16.7 bp −$17	26.2 bp −$262	doesn't fit	doesn't fit
Sell QFEX live order book, 10 min ago	2.02 bp	7.0 bp −$7	10.4 bp −$104	doesn't fit	doesn't fit

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
Lighter STRC	0.0000%	1h	98.891	+0.133%	$839K	$167K	10x	as long as short
Aster STRCUSDTlong	0.0000%	8h	98.760	long leg	$445K	$166K	20x
Binance STRCUSDT	0.0000%	8h	98.944	+0.186%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.850	+0.091%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.870	+0.111%	$973K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.850	+0.091%	$4.4M	$81K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.802	+0.042%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.931	+0.173%	$70K	$111K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.192%	$3K	$34K	12x	as long as short
tradeXYZ xyz:STRC	+0.0050%	1h	98.880	+0.121%	$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	98.850	+0.091%	$70K	$182K	10x	as long as short
QFEX STRC-USDshort	+0.0059%	1h	98.930	+0.172%	$1.4M	$1.8M	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.720	−0.041%	$303K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.742	−0.018%	$51K	$357K	10x	as long as short