Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against HTX+0.218%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$920.915% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.218%, 7d avg +0.180%
=The price spread pays, funding is against you. Binance is 0.038% dearer against HTX than usual: you sell high and buy low (spread +0.218% now, against its 7-day average of +0.180%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX STRC-USDT | 98.763 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $52K | $360K | 10x |
| Short | Binance STRCUSDT | 98.978 | 0 | get 0.0000% / 8h | 2h 27m | $6.0M | $3.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: +0.218% → +0.180%
- $3.81
- Slippage, 4 orders
- −$69.53
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.72
- Costs to cover
- 0.915%
- Break-even
- never at this rate
Slippage from HTX: live order book, 20 min ago; Binance: live order book, 10 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 HTX live order book, 20 min ago | 10.68 bp | 55.9 bp −$56 | 91.3 bp −$913 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.50 bp | 8.5 bp −$9 | 37.3 bp −$373 | 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 | −0.0482% | 8h | 98.880 | +0.118% | $445K | $66K | 20x | as long as short |
| QFEX STRC-USD | −0.0003% | 1h | 98.940 | +0.179% | $1.4M | $1.2M | 10x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.951 | +0.190% | $896K | $209K | 10x | as long as short |
| Binance STRCUSDTshort | 0.0000% | 8h | 98.978 | +0.218% | $6.0M | $3.3M | 25x | |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.880 | +0.118% | $742K | $75K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.950 | +0.189% | $974K | $77K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.910 | +0.149% | $4.4M | $72K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.970 | +0.209% | $1.5M | $255K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.956 | +0.196% | $70K | $97K | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.189% | $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 | 98.938 | +0.177% | $10.6M | $2.2M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.873 | +0.111% | $70K | $162K | 10x | as long as short |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.910 | +0.149% | $317K | $1.1M | 20x | as long as short |
| HTX STRC-USDTlong | +0.0100% | 8h | 98.763 | long leg | $52K | $360K | 10x |
HTX STRC-USDT
Binance STRCUSDT
Aster STRCUSDT
Lighter STRC
OKX STRC-USDT-SWAP
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
Injective STRC/USDC PERP
tradeXYZ xyz:STRC
Polymarket Perps STRC-USD
KuCoin STRCUSDTM