STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.031%

Price spread now: Injective against Lighter−0.024%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Injective is 0.024% cheaper against Lighter than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter STRC	98.974	0	get 0.0000% / 1h	51m 09s	$840K	$160K	10x
Short	Injective STRC/USDC PERP	98.950	0.0033	get 0.0004% / 1h	51m 09s	$3K	$34K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Lighter. 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 LighterbpFee InjectivebpOrdersPrice spread, now −0.024%Rate

Funding earned: $7
Price spread: −0.024% → 0.000%: −$2.42
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $4.56
Costs to cover: 0.000%
Break-even: 2.4 days

Slippage unknown: Lighter: live order book, 19 min ago; Injective: no order-book sample. Net counts fees only.

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 Lighter live order book, 19 min ago	1.82 bp	5.5 bp −$6	9.1 bp −$91	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 STRClong	0.0000%	1h	98.974	long leg	$840K	$160K	10x
Aster STRCUSDT	0.0000%	8h	98.847	−0.129%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	99.048	+0.075%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.970	−0.004%	$742K	$77K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.970	−0.004%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.890	−0.085%	$4.4M	$81K	20x	as long as short
Variational Omni STRC	0.0000%	8h	99.030	+0.056%	$1.5M	$259K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	99.030	+0.057%	$70K	$109K	10x	as long as short
QFEX STRC-USD	+0.0033%	1h	99.030	+0.057%	$1.3M	$1.9M	10x	as long as short
Injective STRC/USDC PERPshort	+0.0033%	1h	98.950	−0.024%	$3K	$34K	12x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:STRC	+0.0050%	1h	98.942	−0.032%	$10.7M	$2.1M	10x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.932	−0.042%	$70K	$171K	10x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.880	−0.095%	$304K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.713	−0.264%	$51K	$357K	10x	as long as short