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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STRCUSDTM | 98.870 | 0.0056 | pay 0.0056% / 8h | 6h 16m | $314K | $1.0M | 20x |
| Short | Bitget STRCUSDT | 98.900 | 0 | get 0.0000% / 8h | 6h 16m | $4.4M | $78K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 1.01 bp | 280.2 bp −$280 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.53 bp | 50.5 bp −$50 | 68.6 bp −$686 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STRC | 0.0000% | 1h | 98.998 | +0.129% | $840K | $160K | 10x | as long as short |
| Aster STRCUSDT | 0.0000% | 8h | 98.859 | −0.011% | $445K | $161K | 20x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 99.022 | +0.153% | $6.0M | $3.3M | 25x | as long as short |
| OKX STRC-USDT-SWAP | 0.0000% | 8h | 98.910 | +0.040% | $742K | $74K | 25x | as long as short |
| Gate STRC_USDT | 0.0000% | 8h | 99.010 | +0.142% | $975K | $78K | 20x | as long as short |
| Bitget STRCUSDTshort | 0.0000% | 8h | 98.900 | +0.030% | $4.4M | $78K | 20x | |
| Variational Omni STRC | 0.0000% | 8h | 99.007 | +0.138% | $1.5M | $262K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.993 | +0.125% | $70K | $105K | 10x | as long as short |
| QFEX STRC-USD | +0.0009% | 1h | 99.010 | +0.142% | $1.3M | $1.8M | 10x | as long as short |
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.081% | $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 | 98.931 | +0.062% | $10.7M | $2.1M | 10x | as long as short |
| Polymarket Perps STRC-USD | +0.0050% | 1h | 98.914 | +0.045% | $70K | $159K | 10x | as long as short |
| KuCoin STRCUSDTMlong | +0.0056% | 8h | 98.870 | long leg | $314K | $1.0M | 20x | |
| HTX STRC-USDT | +0.0100% | 8h | 98.753 | −0.118% | $52K | $356K | 10x | as long as short |
KuCoin STRCUSDTM
Bitget STRCUSDT
Lighter STRC
Aster STRCUSDT
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
HTX STRC-USDT