Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.039%

Price spread now: tradeXYZ against Aster−0.100%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$770.768% of the position

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.420%−$42 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.100%, 7d avg −0.025%

Together, before fees−0.348%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.076% cheaper against Aster than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.025%). If the spread goes back, that is −$8 on $10k: about 3.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.420%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster STRCUSDT	98.885	−0.0320	get 0.0320% / 8h	4h 56m	$446K	$67K	20x
Short	tradeXYZ xyz:STRC	98.786	−0.0253	pay 0.0032% / 1h	56m 30s	$10.5M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.100%Rate

Funding earned: $13.99
Price spread: −0.100% → −0.025%: −$7.57
Slippage, 4 orders: −$50.77
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$70.35
Costs to cover: 0.768%
Break-even: 42.2 days

Slippage from Aster: live order book, 49 min ago; tradeXYZ: live order book, 5 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, 49 min ago	3.54 bp	9.8 bp −$10	16.9 bp −$169	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	2.48 bp	16.8 bp −$17	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
Aster STRCUSDTlong	−0.0320%	8h	98.885	long leg	$446K	$67K	20x
tradeXYZ xyz:STRCshort	−0.0253%	1h	98.786	−0.100%	$10.5M	$2.4M	10x
Lighter STRC	−0.0096%	1h	98.700	−0.187%	$888K	$141K	10x	as long as short
QFEX STRC-USD	−0.0005%	1h	98.920	+0.035%	$1.3M	$808K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.940	+0.055%	$6.1M	$3.2M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.880	−0.005%	$741K	$62K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.910	+0.025%	$971K	$57K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.810	−0.076%	$4.4M	$67K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.909	+0.024%	$1.4M	$235K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.878	−0.008%	$70K	$95K	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	+0.066%	$3K	$34K	12x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.820	−0.066%	$70K	$45K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.820	−0.066%	$315K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.757	−0.130%	$52K	$364K	10x	as long as short