STRC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.045%

Price spread now: KuCoin against Lighter−0.149%7-day average −0.134% · you buy dearer than you sell

Net, funding: paid 7d − costs−$631as in the Funding arb table

Net, price: spread back to 7d avg − costs−$634as in the Price arb table

costs, in and out, $10k−$6326.324% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.149%, 7d avg −0.134%

Together, before fees+0.132%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.134%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter STRC	98.947	0	get 0.0000% / 1h	22m 23s	$840K	$160K	10x
Short	KuCoin STRCUSDTM	98.800	0.0100	get 0.0100% / 8h	7h 22m	$305K	$1.0M	20x

Funding history

latest

Range statsloading…

KuCoin against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee LighterbpFee KuCoinbpOrdersPrice spread, now −0.149%Rate

Slippage from Lighter: live order book, 48 min ago; KuCoin: live order book, 2 min ago.

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, 48 min ago	1.82 bp	5.5 bp −$6	9.1 bp −$91	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	0.51 bp	326.5 bp −$326	doesn't fit	doesn't fit	doesn't fit

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	98.947	long leg	$840K	$160K	10x
Aster STRCUSDT	0.0000%	8h	98.850	−0.098%	$445K	$166K	20x	as long as short
Binance STRCUSDT	0.0000%	8h	98.961	+0.014%	$6.0M	$3.4M	25x	as long as short
OKX STRC-USDT-SWAP	0.0000%	8h	98.880	−0.068%	$741K	$76K	25x	as long as short
Gate STRC_USDT	0.0000%	8h	98.930	−0.017%	$974K	$79K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.880	−0.068%	$4.4M	$80K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.949	+0.002%	$1.5M	$259K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.929	−0.019%	$70K	$105K	10x	as long as short
tradeXYZ xyz:STRC	+0.0026%	1h	98.862	−0.086%	$10.7M	$2.1M	10x	as long as short
QFEX STRC-USD	+0.0033%	1h	98.930	−0.017%	$1.3M	$1.9M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.003%	$3K	$34K	12x	as long as short
Polymarket Perps STRC-USD	+0.0050%	1h	98.859	−0.089%	$70K	$171K	10x	as long as short
KuCoin STRCUSDTMshort	+0.0100%	8h	98.800	−0.149%	$305K	$1.0M	20x
HTX STRC-USDT	+0.0100%	8h	98.769	−0.180%	$52K	$357K	10x	as long as short