Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Bitget against Binance−0.036%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$600.604% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.409%+$41 on $10k

Price spread, last 2 days (all we have)+0.003%$0 · spread now −0.036%, 7d avg −0.064%

Together, before fees+0.411%+$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRCUSDT	98.896	0	get 0.0000% / 8h	1h 17m	$6.0M	$3.3M	25x
Short	Bitget STRCUSDT	98.860	0	get 0.0000% / 8h	1h 17m	$4.4M	$79K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → −0.064%: $2.79
Slippage, 4 orders: −$38.36
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$57.58
Costs to cover: 0.604%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bitget: 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 Binance live order book, 6 min ago	0.51 bp	8.9 bp −$9	35.6 bp −$356	105.0 bp −$10.5K	doesn't fit
Sell Bitget live order book, 5 min ago	2.53 bp	19.5 bp −$20	48.5 bp −$485	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	98.871	−0.025%	$839K	$167K	10x	as long as short
Aster STRCUSDT	0.0000%	8h	98.750	−0.148%	$445K	$165K	20x	as long as short
Binance STRCUSDTlong	0.0000%	8h	98.896	long leg	$6.0M	$3.3M	25x
OKX STRC-USDT-SWAP	0.0000%	8h	98.820	−0.077%	$741K	$83K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.890	−0.006%	$974K	$79K	20x	as long as short
Bitget STRCUSDTshort	0.0000%	8h	98.860	−0.036%	$4.4M	$79K	20x
Variational Omni STRC	0.0000%	8h	98.873	−0.024%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.860	−0.036%	$70K	$111K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.055%	$3K	$34K	12x	as long as short
tradeXYZ xyz:STRC	+0.0050%	1h	98.870	−0.026%	$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	98.802	−0.095%	$70K	$182K	10x	as long as short
QFEX STRC-USD	+0.0059%	1h	98.870	−0.026%	$1.4M	$1.8M	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.690	−0.208%	$303K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.685	−0.213%	$52K	$358K	10x	as long as short