Settings8H · net · $10k
Funding arb · Price arb /

STRC

RWAall STRC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.56 per $10,000 · paid last 24h −0.033%
Price spread now: Bitget against KuCoin+0.030%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$573as in the Funding arb table
Net, price: spread back to 7d avg − costs−$569as in the Price arb table
costs, in and out, $10k−$5635.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.030%, 7d avg +0.091%
Together, before fees−0.023%−$2 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 Bitget is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.091%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin STRCUSDTM98.8700.0056pay 0.0056% / 8h6h 16m$314K$1.0M20x
ShortBitget STRCUSDT98.9000get 0.0000% / 8h6h 16m$4.4M$78K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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

Funding earned
−$11.76
Price spread: +0.030% → +0.091%
−$6.09
Slippage, 4 orders
−$538.92
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$580.77
Costs to cover
5.629%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago1.01 bp280.2 bp −$280doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.53 bp50.5 bp −$5068.6 bp −$686doesn't fitdoesn't fit

STRC on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STRC0.0000%1h98.998+0.129%$840K$160K10xas long as short
Aster STRCUSDT0.0000%8h98.859−0.011%$445K$161K20xas long as short
Binance STRCUSDT0.0000%8h99.022+0.153%$6.0M$3.3M25xas long as short
OKX STRC-USDT-SWAP0.0000%8h98.910+0.040%$742K$74K25xas long as short
Gate STRC_USDT0.0000%8h99.010+0.142%$975K$78K20xas long as short
Bitget STRCUSDTshort0.0000%8h98.900+0.030%$4.4M$78K20x
Variational Omni STRC0.0000%8h99.007+0.138%$1.5M$262Kas long as short
GRVT STRC_USDT_Perp0.0000%8h98.993+0.125%$70K$105K10xas long as short
QFEX STRC-USD+0.0009%1h99.010+0.142%$1.3M$1.8M10xas long as short
Injective STRC/USDC PERP+0.0033%1h98.950+0.081%$3K$34K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:STRC+0.0050%1h98.931+0.062%$10.7M$2.1M10xas long as short
Polymarket Perps STRC-USD+0.0050%1h98.914+0.045%$70K$159K10xas long as short
KuCoin STRCUSDTMlong+0.0056%8h98.870long leg$314K$1.0M20x
HTX STRC-USDT+0.0100%8h98.753−0.118%$52K$356K10xas long as short