Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.041%

Price spread now: Polymarket Perps against HTX+0.069%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$870.869% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 4 days (all we have)+0.101%+$10 · spread now +0.069%, 7d avg +0.092%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.023% cheaper against HTX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.092%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX STRC-USDT	98.823	0.0100	pay 0.0100% / 8h	4h 15m	$52K	$359K	10x
Short	Polymarket Perps STRC-USD	98.891	0.0050	get 0.0006% / 1h	15m 40s	$70K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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 HTXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$10.5
Price spread: +0.069% → +0.092%: −$2.27
Slippage, 4 orders: −$66.89
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$99.66
Costs to cover: 0.869%
Break-even: never at this rate

Slippage from HTX: live order book, 42 min ago; Polymarket Perps: live order book, 41 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, 42 min ago	8.65 bp	58.0 bp −$58	93.3 bp −$933	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 41 min ago	2.48 bp	7.1 bp −$7	8.1 bp −$81	10.2 bp −$1,020	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	−0.0370%	8h	98.860	+0.037%	$445K	$161K	20x	as long as short
Lighter STRC	0.0000%	1h	98.980	+0.159%	$840K	$156K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.010	+0.189%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.930	+0.108%	$743K	$72K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	99.000	+0.179%	$975K	$77K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.870	+0.048%	$4.4M	$72K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.988	+0.167%	$1.5M	$264K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.976	+0.155%	$70K	$99K	10x	as long as short
QFEX STRC-USD	+0.0003%	1h	98.990	+0.169%	$1.4M	$1.6M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.129%	$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	98.910	+0.088%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USDshort	+0.0050%	1h	98.891	+0.069%	$70K	$159K	10x
KuCoin STRCUSDTM	+0.0071%	8h	98.890	+0.068%	$317K	$1.0M	20x	as long as short
HTX STRC-USDTlong	+0.0100%	8h	98.823	long leg	$52K	$359K	10x