Funding you earn now, next payment 23:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h −0.009%
Price spread now: QFEX against Binance−0.039%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 3 days (all we have)−0.019%−$2 on $10k
+Price spread, last 2 days (all we have)+0.005%$0 · spread now −0.039%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STRCUSDT | 98.948 | 0 | get 0.0000% / 8h | 1h 47m | $6.0M | $3.2M | 25x |
| Short | QFEX STRC-USD | 98.910 | 0.0059 | get 0.0007% / 1h | 47m 12s | $1.3M | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.45
- Price spread: −0.039% → −0.043%
- $0.39
- Slippage, 4 orders
- −$14.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.73
- Costs to cover
- 0.346%
- Break-even
- 19.2 days
Slippage from Binance: live order book, 6 min ago; QFEX: 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 | 0.50 bp | 11.9 bp −$12 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.02 bp | 7.0 bp −$7 | 11.3 bp −$113 | 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 | −0.0005% | 8h | 98.809 | −0.141% | $445K | $165K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.931 | −0.018% | $840K | $167K | 10x | as long as short |
| Binance STRCUSDTlong | 0.0000% | 8h | 98.948 | long leg | $6.0M | $3.2M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.850 | −0.099% | $741K | $83K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.940 | −0.008% | $974K | $79K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.850 | −0.099% | $4.4M | $79K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.937 | −0.012% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.960 | +0.012% | $70K | $112K | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.002% | $3K | $34K | 12x | as long as short |
| tradeXYZ xyz:STRC | +0.0050% | 1h | 98.902 | −0.047% | $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 | 98.853 | −0.096% | $70K | $182K | 10x | as long as short |
| QFEX STRC-USDshort | +0.0059% | 1h | 98.910 | −0.039% | $1.3M | $1.7M | 10x | |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.840 | −0.109% | $304K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.781 | −0.169% | $51K | $356K | 10x | as long as short |
Binance STRCUSDT
Aster STRCUSDT
Lighter STRC
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
KuCoin STRCUSDTM
HTX STRC-USDT