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 −0.003%

Price spread now: OKX against Bitget+0.030%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.030%, 7d avg −0.036%

Together, before fees−0.102%−$10 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 0.066% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.880	0	get 0.0000% / 8h	1h 48m	$4.4M	$81K	20x
Short	OKX STRC-USDT-SWAP	98.910	0	get 0.0000% / 8h	1h 48m	$741K	$76K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → −0.036%: $6.61
Slippage, 4 orders: −$89.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$105.2
Costs to cover: 1.118%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 57 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, 4 min ago	3.54 bp	25.6 bp −$26	41.8 bp −$418	doesn't fit	doesn't fit
Sell OKX live order book, 57 min ago	1.52 bp	15.1 bp −$15	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	−0.0470%	8h	98.880	0.000%	$446K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.977	+0.098%	$896K	$197K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.019	+0.140%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAPshort	0.0000%	8h	98.910	+0.030%	$741K	$76K	25x
Gate STRC_USDT	0.0000%	8h	98.960	+0.081%	$974K	$75K	20x	as long as short
Bitget STRCUSDTlong	0.0000%	8h	98.880	long leg	$4.4M	$81K	20x
Variational Omni STRC	0.0000%	8h	98.999	+0.120%	$1.5M	$256K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.010	+0.131%	$70K	$95K	10x	as long as short
QFEX STRC-USD	+0.0025%	1h	98.970	+0.091%	$1.4M	$1.1M	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	98.939	+0.060%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.907	+0.027%	$70K	$162K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.930	+0.051%	$317K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.797	−0.084%	$52K	$360K	10x	as long as short