Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.001%

Price spread now: QFEX against Bitget+0.111%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$700.698% of the position

Long on Bitget Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 7 days+0.009%+$1 · spread now +0.111%, 7d avg −0.006%

Together, before fees+0.037%+$4 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: QFEX is 0.117% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget STRCUSDT	98.890	0	get 0.0000% / 8h	5h 06m	$4.4M	$72K	20x
Short	QFEX STRC-USD	99.000	0.0003	get 0.0000% / 1h	6m 09s	$1.3M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0.66
Price spread: +0.111% → −0.006%: $11.74
Slippage, 4 orders: −$47.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$57.37
Costs to cover: 0.698%
Break-even: 620.0 days

Slippage from Bitget: live order book, 2 min ago; QFEX: live order book, 6 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	3.03 bp	28.4 bp −$28	44.0 bp −$440	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	1.51 bp	7.5 bp −$8	13.3 bp −$133	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	−0.0191%	8h	98.860	−0.031%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.992	+0.103%	$840K	$160K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.017	+0.129%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.890	0.000%	$742K	$73K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.990	+0.101%	$974K	$77K	20x	as long as short
Bitget STRCUSDTlong	0.0000%	8h	98.890	long leg	$4.4M	$72K	20x
Variational Omni STRC	0.0000%	8h	98.996	+0.107%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.975	+0.086%	$70K	$101K	10x	as long as short
QFEX STRC-USDshort	+0.0003%	1h	99.000	+0.111%	$1.3M	$1.7M	10x
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.061%	$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
KuCoin STRCUSDTM	+0.0045%	8h	98.880	−0.010%	$317K	$1.0M	20x	as long as short
tradeXYZ xyz:STRC	+0.0050%	1h	98.909	+0.019%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.896	+0.006%	$70K	$159K	10x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.828	−0.063%	$52K	$357K	10x	as long as short