Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.038%
Price spread now: HTX against Bitget−0.084%46s7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1481.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.314%+$31 on $10k
Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.084%, 7d avg −0.132%
Together, before fees+0.243%+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.132%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STRCUSDT98.8900get 0.0000% / 8h7h 48m$4.4M$79K20x
ShortHTX STRC-USDT98.8070.0100get 0.0100% / 8h7h 48m$51K$357K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$21
Price spread: −0.084% → −0.132%
$4.85
Slippage, 4 orders
−$124.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$122.59
Costs to cover
1.484%
Break-even
47.9 days
Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago2.53 bp23.7 bp −$2439.6 bp −$396doesn't fitdoesn't fit
Sell HTX live order book, 24 min ago11.24 bp17.4 bp −$1752.3 bp −$523doesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STRC0.0000%1h98.985+0.096%$840K$160K10xas long as short
Aster STRCUSDT0.0000%8h98.850−0.041%$445K$166K20xas long as short
Binance STRCUSDT0.0000%8h99.049+0.161%$6.0M$3.4M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.970+0.081%$742K$77K25xas long as short
Gate STRC_USDT0.0000%8h98.970+0.081%$974K$79K20xas long as short
Bitget STRCUSDTlong0.0000%8h98.890long leg$4.4M$79K20x
Variational Omni STRC0.0000%8h99.030+0.141%$1.5M$259Kas long as short
GRVT STRC_USDT_Perp0.0000%8h99.030+0.142%$70K$109K10xas long as short
QFEX STRC-USD+0.0033%1h99.030+0.142%$1.3M$1.9M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.061%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.942+0.053%$10.7M$2.1M10xas long as short
Polymarket Perps STRC-USD+0.0050%1h98.934+0.044%$70K$171K10xas long as short
KuCoin STRCUSDTM+0.0100%8h98.880−0.010%$305K$1.0M20xas long as short
HTX STRC-USDTshort+0.0100%8h98.807−0.084%$51K$357K10x