Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against HTX+0.086%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.270% of the position
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now +0.086%, 7d avg +0.131%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.045% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX STRC-USDT | 98.785 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $52K | $358K | 10x |
| Short | Bitget STRCUSDT | 98.870 | 0 | get 0.0000% / 8h | 4h 23m | $4.4M | $72K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.086% → +0.131%
- −$4.54
- Slippage, 4 orders
- −$103
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$152.54
- Costs to cover
- 1.270%
- Break-even
- never at this rate
Slippage from HTX: live order book, 34 min ago; Bitget: live order book, 4 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, 34 min ago | 8.65 bp | 58.0 bp −$58 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.54 bp | 29.0 bp −$29 | 67.2 bp −$672 | 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 | −0.0341% | 8h | 98.860 | +0.076% | $445K | $161K | 20x | as long as short |
| Lighter STRC | 0.0000% | 1h | 98.981 | +0.198% | $840K | $156K | 10x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 99.010 | +0.228% | $6.0M | $3.3M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.930 | +0.147% | $743K | $72K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 98.980 | +0.197% | $975K | $77K | 20x | as long as short |
| Bitget STRCUSDTshort | 0.0000% | 8h | 98.870 | +0.086% | $4.4M | $72K | 20x | |
| Variational Omni STRC | 0.0000% | 8h | 98.987 | +0.204% | $1.5M | $264K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.966 | +0.183% | $70K | $99K | 10x | as long as short |
| QFEX STRC-USD | +0.0003% | 1h | 98.990 | +0.208% | $1.4M | $1.6M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.167% | $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 | 98.913 | +0.130% | $10.6M | $2.2M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.894 | +0.110% | $70K | $159K | 10x | as long as short |
| KuCoin STRCUSDTM | +0.0063% | 8h | 98.900 | +0.116% | $317K | $1.0M | 20x | as long as short |
| HTX STRC-USDTlong | +0.0100% | 8h | 98.785 | long leg | $52K | $358K | 10x |
HTX STRC-USDT
Bitget STRCUSDT
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
KuCoin STRCUSDTM