Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: OKX against Binance−0.131%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$560.560% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.131%, 7d avg −0.081%

Together, before fees−0.050%−$5 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: OKX is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance STRCUSDT	99.010	0	get 0.0000% / 8h	1h 18m	$6.0M	$3.3M	25x
Short	OKX STRC-USDT-SWAP	98.880	0	get 0.0000% / 8h	1h 18m	$741K	$72K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.131%Rate

Funding earned: $0
Price spread: −0.131% → −0.081%: −$5.01
Slippage, 4 orders: −$35.98
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$61
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; OKX: live order book, 23 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, 5 min ago	0.50 bp	10.4 bp −$10	34.6 bp −$346	95.1 bp −$9,514	doesn't fit
Sell OKX live order book, 23 min ago	1.52 bp	20.3 bp −$20	doesn't fit	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
Aster STRCUSDT	−0.0465%	8h	98.880	−0.131%	$446K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.968	−0.042%	$895K	$198K	10x	as long as short
Binance STRCUSDTlong	0.0000%	8h	99.010	long leg	$6.0M	$3.3M	25x
OKX STRC-USDT-SWAPshort	0.0000%	8h	98.880	−0.131%	$741K	$72K	25x
Gate STRC_USDT	0.0000%	8h	98.960	−0.050%	$974K	$75K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.910	−0.101%	$4.4M	$77K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.988	−0.023%	$1.5M	$254K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.980	−0.030%	$70K	$95K	10x	as long as short
QFEX STRC-USD	+0.0025%	1h	98.970	−0.040%	$1.4M	$1.1M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	−0.061%	$3K	$34K	12x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:STRC	+0.0050%	1h	98.942	−0.069%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.900	−0.111%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.850	−0.162%	$315K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.772	−0.240%	$52K	$361K	10x	as long as short