Funding arb · Price arb /

STRC

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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 +0.008%

Price spread now: Gate against Bitget+0.111%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1671.668% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days−0.118%−$12 · spread now +0.111%, 7d avg +0.039%

Together, before fees−0.009%−$1 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: Gate is 0.072% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.880	0	get 0.0000% / 8h	3h 50m	$4.4M	$72K	20x
Short	Gate STRC_USDT	98.990	0	get 0.0000% / 8h	3h 50m	$975K	$77K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → +0.039%: $7.2
Slippage, 4 orders: −$139.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$159.58
Costs to cover: 1.668%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 1 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 Bitget live order book, 2 min ago	2.53 bp	24.8 bp −$25	41.1 bp −$411	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	7.58 bp	72.2 bp −$72	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	−0.0436%	8h	98.860	−0.020%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.985	+0.106%	$839K	$151K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.030	+0.152%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.920	+0.040%	$743K	$72K	25x	as long as short
Gate STRC_USDTshort	0.0000%	8h	98.990	+0.111%	$975K	$77K	20x
Bitget STRCUSDTlong	0.0000%	8h	98.880	long leg	$4.4M	$72K	20x
Variational Omni STRC	0.0000%	8h	99.018	+0.139%	$1.5M	$255K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.999	+0.120%	$70K	$99K	10x	as long as short
QFEX STRC-USD	+0.0002%	1h	99.010	+0.131%	$1.4M	$1.5M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.071%	$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	98.922	+0.042%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.913	+0.033%	$70K	$159K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.930	+0.051%	$316K	$1.1M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.829	−0.052%	$52K	$359K	10x	as long as short