Funding arb · Price arb /

STRC

RWAall STRC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.006%

Price spread now: Polymarket Perps against OKX+0.010%47s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.495% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.010%, 7d avg −0.008%

Together, before fees+0.092%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX STRC-USDT-SWAP	98.890	0	get 0.0000% / 8h	1h 16m	$741K	$72K	25x
Short	Polymarket Perps STRC-USD	98.900	0.0050	get 0.0006% / 1h	16m 42s	$70K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.010%Rate

Funding earned: $10.5
Price spread: +0.010% → −0.008%: $1.76
Slippage, 4 orders: −$31.53
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$37.27
Costs to cover: 0.495%
Break-even: 31.8 days

Slippage from OKX: live order book, 24 min ago; Polymarket Perps: live order book, 25 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, 24 min ago	1.52 bp	15.2 bp −$15	109.4 bp −$1,094	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 25 min ago	2.83 bp	7.2 bp −$7	8.4 bp −$84	10.5 bp −$1,053	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
Aster STRCUSDT	−0.0463%	8h	98.880	−0.010%	$446K	$67K	20x	as long as short
Lighter STRC	0.0000%	1h	98.968	+0.079%	$895K	$198K	10x	as long as short
Binance STRCUSDT	0.0000%	8h	99.018	+0.130%	$6.0M	$3.3M	25x	as long as short
OKX STRC-USDT-SWAPlong	0.0000%	8h	98.890	long leg	$741K	$72K	25x
Gate STRC_USDT	0.0000%	8h	98.960	+0.071%	$974K	$75K	20x	as long as short
Bitget STRCUSDT	0.0000%	8h	98.910	+0.020%	$4.4M	$77K	20x	as long as short
Variational Omni STRC	0.0000%	8h	98.988	+0.099%	$1.5M	$254K	—	as long as short
GRVT STRC_USDT_Perp	0.0000%	8h	98.987	+0.098%	$70K	$94K	10x	as long as short
QFEX STRC-USD	+0.0025%	1h	98.970	+0.081%	$1.4M	$1.0M	10x	as long as short
Injective STRC/USDC PERP	+0.0033%	1h	98.950	+0.061%	$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	98.942	+0.053%	$10.6M	$2.2M	10x	as long as short
Polymarket Perps STRC-USDshort	+0.0050%	1h	98.900	+0.010%	$70K	$159K	10x
KuCoin STRCUSDTM	+0.0100%	8h	98.860	−0.030%	$316K	$1.0M	20x	as long as short
HTX STRC-USDT	+0.0100%	8h	98.781	−0.110%	$52K	$361K	10x	as long as short