Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.033%
Price spread now: KuCoin against Bitget−0.051%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$474as in the Price arb table
costs, in and out, $10k−$4794.788% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.051%, 7d avg −0.093%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.043% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STRCUSDT | 98.830 | 0 | get 0.0000% / 8h | 3h 30m | $4.4M | $76K | 20x |
| Short | KuCoin STRCUSDTM | 98.780 | 0.0100 | get 0.0100% / 8h | 3h 30m | $303K | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $21
- Price spread: −0.051% → −0.093%
- $4.28
- Slippage, 4 orders
- −$454.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$453.49
- Costs to cover
- 4.788%
- Break-even
- 158.2 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 14 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, 3 min ago | 4.55 bp | 18.4 bp −$18 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 2.53 bp | 163.7 bp −$164 | 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 | −0.0302% | 8h | 98.806 | −0.024% | $445K | $169K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.912 | +0.083% | $841K | $166K | 10x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 98.928 | +0.099% | $6.0M | $3.1M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.840 | +0.010% | $740K | $82K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.840 | +0.010% | $973K | $79K | 20x | as long as short |
| Bitget STRCUSDTlong | 0.0000% | 8h | 98.830 | long leg | $4.4M | $76K | 20x | |
| Variational Omni STRC | 0.0000% | 8h | 98.926 | +0.098% | $1.4M | $184K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.907 | +0.078% | $70K | $115K | 10x | as long as short |
| QFEX STRC-USD | +0.0016% | 1h | 98.930 | +0.101% | $1.3M | $1.6M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.121% | $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 | 98.881 | +0.052% | $10.7M | $2.0M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.827 | −0.003% | $70K | $183K | 10x | as long as short |
| KuCoin STRCUSDTMshort | +0.0100% | 8h | 98.780 | −0.051% | $303K | $1.0M | 20x | |
| HTX STRC-USDT | +0.0100% | 8h | 98.786 | −0.045% | $52K | $354K | 10x | as long as short |
Bitget STRCUSDT
KuCoin STRCUSDTM
Aster STRCUSDT
Lighter STRC
Binance STRCUSDT
OKX STRC-USDT-SWAP
Gate STRC_USDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
HTX STRC-USDT