Funding you earn now, next payment 16:00 UTC−0.0332%/8h= −36.3% APRnext payment −$3.32 per $10,000 · paid last 24h −0.056%
Price spread now: Aster against OKX+0.045%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.045%, 7d avg +0.008%
=Together, before fees−0.063%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.036% dearer against OKX than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 9 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.32 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX STRC-USDT-SWAP | 98.850 | 0 | get 0.0000% / 8h | 5h 07m | $741K | $63K | 25x |
| Short | Aster STRCUSDT | 98.894 | −0.0332 | pay 0.0332% / 8h | 5h 07m | $446K | $67K | 20x |
OKX STRC-USDT-SWAP
Aster STRCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$69.71
- Price spread: +0.045% → +0.008%
- $3.64
- Slippage, 4 orders
- −$101.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$185.18
- Costs to cover
- 1.191%
- Break-even
- never at this rate
Slippage from OKX: live order book, 37 min ago; Aster: live order book, 38 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 OKX live order book, 37 min ago | 1.52 bp | 18.6 bp −$19 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
| Sell Aster live order book, 38 min ago | 3.54 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
STRC on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:STRC | −0.0436% | 1h | 98.829 | −0.021% | $10.5M | $2.4M | 10x | as long as short |
| Aster STRCUSDTshort | −0.0332% | 8h | 98.894 | +0.045% | $446K | $67K | 20x | |
| Lighter STRC | 0.0000% | 1h | 98.722 | −0.129% | $888K | $141K | 10x | as long as short |
| Binance STRCUSDT | 0.0000% | 8h | 98.940 | +0.091% | $6.1M | $3.2M | 25x | as long as short |
| OKX STRC-USDT-SWAPlong | 0.0000% | 8h | 98.850 | long leg | $741K | $63K | 25x | |
| Gate STRC_USDT | 0.0000% | 8h | 98.920 | +0.071% | $971K | $58K | 20x | as long as short |
| Bitget STRCUSDT | 0.0000% | 8h | 98.820 | −0.030% | $4.4M | $68K | 20x | as long as short |
| Variational Omni STRC | 0.0000% | 8h | 98.900 | +0.050% | $1.4M | $238K | — | as long as short |
| GRVT STRC_USDT_Perp | 0.0000% | 8h | 98.910 | +0.061% | $70K | $95K | 10x | as long as short |
| QFEX STRC-USD | +0.0001% | 1h | 98.910 | +0.061% | $1.3M | $821K | 10x | as long as short |
tradeXYZ xyz:STRC
Lighter STRC
Binance STRCUSDT
Gate STRC_USDT
Bitget STRCUSDT
Variational Omni STRC
GRVT STRC_USDT_Perp
QFEX STRC-USDShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective STRC/USDC PERP | +0.0033% | 1h | 98.950 | +0.101% | $3K | $34K | 12x | as long as short |
| Polymarket Perps STRC-USD | +0.0038% | 1h | 98.826 | −0.024% | $71K | $45K | 10x | as long as short |
| KuCoin STRCUSDTM | +0.0100% | 8h | 98.850 | 0.000% | $315K | $1.0M | 20x | as long as short |
| HTX STRC-USDT | +0.0100% | 8h | 98.751 | −0.100% | $51K | $364K | 10x | as long as short |
Injective STRC/USDC PERP
Polymarket Perps STRC-USD
KuCoin STRCUSDTM
HTX STRC-USDT