Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: OKX against Gate−0.091%7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1721.719% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.091%, 7d avg −0.059%

Together, before fees−0.085%−$9 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 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate STRC_USDT	98.940	0	get 0.0000% / 8h	1h 48m	$974K	$79K	20x
Short	OKX STRC-USDT-SWAP	98.850	0	get 0.0000% / 8h	1h 48m	$741K	$83K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now −0.091%Rate

Funding earned: $0
Price spread: −0.091% → −0.059%: −$3.16
Slippage, 4 orders: −$146.91
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$175.06
Costs to cover: 1.719%
Break-even: never at this rate

Slippage from Gate: live order book, 34 min ago; OKX: live order book, 33 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 Gate live order book, 34 min ago	11.12 bp	53.4 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 33 min ago	1.01 bp	26.0 bp −$26	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	−0.0008%	8h	98.803	−0.139%	$445K	$165K	20x	as long as short
Lighter STRC	0.0000%	1h	98.931	−0.009%	$840K	$167K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	98.943	+0.003%	$6.0M	$3.2M	25x	as long as short
OKX STRC-USDT-SWAPshort	0.0000%	8h	98.850	−0.091%	$741K	$83K	25x
Gate STRC_USDTlong	0.0000%	8h	98.940	long leg	$974K	$79K	20x
Bitget STRCUSDT	0.0000%	8h	98.850	−0.091%	$4.4M	$79K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.937	−0.003%	$1.4M	$184K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.960	+0.020%	$70K	$112K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.010%	$3K	$34K	12x	as long as short
tradeXYZ xyz:STRC	+0.0050%	1h	98.897	−0.043%	$10.7M	$2.1M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps STRC-USD	+0.0050%	1h	98.852	−0.089%	$70K	$182K	10x	as long as short
QFEX STRC-USD	+0.0059%	1h	98.900	−0.040%	$1.3M	$1.7M	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.840	−0.101%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.770	−0.172%	$52K	$356K	10x	as long as short