Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against OKX+0.051%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$800.795% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.077%+$8 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.051%, 7d avg +0.081%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.030% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRC-USDT-SWAP	98.870	0	get 0.0000% / 8h	5h 48m	$741K	$66K	25x
Short	Binance STRCUSDT	98.920	0	get 0.0000% / 8h	5h 48m	$6.0M	$3.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.081%: −$3.04
Slippage, 4 orders: −$59.54
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$82.58
Costs to cover: 0.795%
Break-even: never at this rate

Slippage from OKX: live order book, 60 min ago; Binance: live order book, 13 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, 60 min ago	1.52 bp	13.0 bp −$13	106.9 bp −$1,069	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.50 bp	11.8 bp −$12	37.7 bp −$377	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	−0.0443%	1h	98.784	−0.087%	$10.5M	$2.4M	10x	as long as short
Aster STRCUSDT	−0.0389%	8h	98.897	+0.027%	$446K	$67K	20x	as long as short
Polymarket Perps STRC-USD	−0.0264%	1h	98.743	−0.128%	$70K	$40K	10x	as long as short
Lighter STRC	0.0000%	1h	98.749	−0.122%	$888K	$141K	10x	as long as short
Binance STRCUSDTshort	0.0000%	8h	98.920	+0.051%	$6.0M	$3.2M	25x
OKX STRC-USDT-SWAPlong	0.0000%	8h	98.870	long leg	$741K	$66K	25x
Gate STRC_USDT	0.0000%	8h	98.910	+0.040%	$971K	$58K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.820	−0.051%	$4.4M	$69K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.890	+0.020%	$1.4M	$252K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.927	+0.057%	$70K	$92K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX STRC-USD	+0.0001%	1h	98.910	+0.040%	$1.3M	$868K	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.081%	$3K	$34K	12x	as long as short
KuCoin STRCUSDTM	+0.0100%	8h	98.740	−0.131%	$316K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.800	−0.071%	$52K	$363K	10x	as long as short